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SESea Limited
$103.29$62.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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SE logo

Sea Limited

SE
NYSE · Specialty Retail
$103.29
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$62.01B
P/E41.0x
52W High$193.48
Volume1.99M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Revenue Growth Drives Margin Expansion

Sea Limited's fundamentals are strengthening as revenue growth accelerates to 48.1% YoY in 2026Q2, with gross margins expanding to 45.6% and operating leverage driving operating income to $626.1M. The balance sheet is healthier with D/E down to 0.32, and cash ...

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

SE price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

2/12 Beats

EPS beat 2 of last 12 quarters

02

Valuation risk

+44% Peers

P/E is 44% above peer median

03

Market leadership

RS 54 · Avg

Average momentum (RS Rating: 54)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 10
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 48.1% YoY in 2026Q2, with gross margin expanding to 45.6% and operating margin reaching 8.0%, reflecting strong operating leverage.

Analyst Consensus+48.8% target
Buy(44 analysts)
31 Buy11 Hold2 Sell

The Bull Case

Upside Catalysts

Shopee's accelerating growth

Shopee's strong performance is driving an earnings rebound for Sea Limited.

Garena's user resurgence

Garena is experiencing a resurgence in users, contributing to Sea Limited's growth.

Sea Money's disciplined expansion

Sea Money's strategic and disciplined expansion is supporting the company's earnings rebound.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SE-21.45%
S&P 500 (^GSPC)+12.39%
1-Year Return
SE-44.24%
S&P 500 (^GSPC)+15.77%
3-Year Return
SE+156.94%
S&P 500 (^GSPC)+55.09%
5-Year Return
SE-69.86%
S&P 500 (^GSPC)+70.87%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
41.0x
Forward P/EExpansion
28.1x
EV/EBITDA0th %ile
26.4x
FCF YieldCash Flow
7.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
41.0x
145.3x
0th· Low
EV/EBITDA
26.4x
38.6x
0th· Low
Price/FCF
13.7x
18.0x
33rd· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$26.13-74.7%
Base (Fair)$50.75-50.1%
Bull$61.05-40.9%
$26.13 Bear$50.75 Base$61.05 Bull
Current Market Price: $103.29
Trades at a 103.5% premium to Base DCF ($50.75)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$22.94B+36.4% YoY
Net income
$1.58B+255.2% YoY
Free cash flow
$4.51B+52.7% YoY
Operating margin
8.1%+4.2 pts YoY
ROIC (TTM)14.1%
Avg ROIC 5Y-
ROE (TTM)14.9%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate2/12 (17%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 11, 2026
$0.86+0.1%
vs $0.86
$7.8B+9.4%
vs $7.1B
Q2 2026
May 12, 2026
$0.84+1.2%
vs $0.83
$7.1B+9.9%
vs $6.5B
Q2 2026
Mar 3, 2026
$0.66-19.1%
vs $0.82
$6.9B+6.2%
vs $6.5B
Q4 2025
Nov 11, 2025
$0.78-24.3%
vs $1.03
$6.0B-6.8%
vs $6.4B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
The Motley Fool·14h ago
Insider Sale: Executive Parts Ways With 2,400 Shares of Tech Stock

The transaction was executed on September 15, 2026, and September 16, 2026, at a weighted average price of $103.96 per share, totaling $249,504. Traded shares were equal to 0.21% of the total equity stake held before the filing, leaving the core position largely unchanged.

Defense World·2d ago
Insider Selling: SEA (NYSE:SE) Insider Sells 30,000 Shares

Sea Limited Sponsored ADR (NYSE: SE - Get Free Report) insider Jingye Chen sold 30,000 shares of the company's stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $101.51, for a total value of $3,045,300.00. Following the sale, the insider owned 60,000 shares of the company's

Defense World·3d ago
Insider Selling: SEA (NYSE:SE) Insider Sells $124,608.00 in Stock

Sea Limited Sponsored ADR (NYSE: SE - Get Free Report) insider Yanjun Wang sold 1,200 shares of SEA stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $103.84, for a total value of $124,608.00. Following the completion of the sale, the insider directly owned 3,180 shares of the

PRNewsWire·5d ago
Sea, Gardens, Lawns and Hearths: Life Abroad Across Noah's N+ Club Network

From yachts in Hong Kong to hearthside gatherings in Tokyo, and from West Coast lawns to a reading space in Shanghai, Noah's N+ Club network spans 10 cities, providing global Chinese families who move among multiple locations with a place to sit down in each one. SINGAPORE, Sept.

Filtered for Sea LimitedMore Headlines
04

Compare before deciding

Benchmark SE against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Sea Limited (SE)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SE logoSESea LimitedCurrent
$103.29$62.01B40.9936.38%6.88%14.94%—
MELI logoMELIMercadoLibre, Inc.
$1799.24$91.22B45.6839.06%5.3%26.54%—
GRAB logoGRABGrab Holdings Limited
$3.20$12.71B50.2420.49%15.97%8.83%—
BABA logoBABAAlibaba Group Holding Limited
$110.78$258.52B16.912.74%7.04%6.6%—
JD logoJDJD.com, Inc.
$27.16$38.13B14.1412.97%1.12%5.08%—
CPNG logoCPNGCoupang, Inc.
$14.28$25.67B129.8214.09%-2.16%-18.84%—

Compare SE vs Peers

Sea Limited (SE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MELI

Most directly comparable listed peer for SE.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare SE against a more recognizable public peer.

Peer Set

Compare Top 5

vs MELI, GRAB, BABA, JD

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SE Frequently Asked Questions

Sea Limited (SE) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Sea Limited's revenue?

Sea Limited (SE) reported $27.72B in revenue for fiscal year 2025. This represents a 17145% increase from $160.8M in 2014.

How fast is Sea Limited growing?

Sea Limited (SE) grew revenue by 36.4% over the past year. This is strong growth.

Is SE profitable?

Yes, Sea Limited (SE) is profitable, generating $1.64B in net income for fiscal year 2025 (6.9% net margin).

Dividend & Returns
What is SE's return on equity?

Sea Limited (SE) has a return on equity (ROE) of 14.9%. This is reasonable for most industries.

What is Sea Limited's free cash flow?

Sea Limited (SE) generated $3.11B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in SE back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →