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SESea Limited
$75.73$45.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
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 · E-commerce & Online Marketplaces
$75.73
At close - Nov 6, 4:00 PM EST - USD
Market Cap$45.46B
P/E30.3x
52W High$159.09
Volume8.76M
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 flow generation is robust with FCF margins at 14.8%.

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

+45% Peers

P/E is 45% above peer median

03

Market leadership

RS 26 · Lag

Laggard (Underperforming 74% of market)

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+75.3% 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 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SE-42.41%
S&P 500 (^GSPC)+7.63%
1-Year Return
SE-50.68%
S&P 500 (^GSPC)+9.69%
3-Year Return
SE+70.29%
S&P 500 (^GSPC)+68.99%
5-Year Return
SE-77.99%
S&P 500 (^GSPC)+56.94%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
30.3x
Forward P/EExpansion
20.9x
EV/EBITDA0th %ile
16.2x
FCF YieldCash Flow
6.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
30.3x
145.3x
0th· Low
EV/EBITDA
16.2x
38.6x
0th· Low
Price/FCF
14.6x
18.0x
33rd· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$31.88-57.9%
Base (Fair)$62.52-17.4%
Bull$75.91+0.2%
$31.88 Bear$62.52 Base$75.91 Bull
Current Market Price: $75.73
Trades at a 21.1% premium to Base DCF ($62.52)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$22.94B+36.4% YoY
Net income FY25
$1.58B+255.2% YoY
Free cash flow FY25
$4.51B+52.7% YoY
Operating margin FY25
8.1%+4.2 pts YoY
ROIC (FY25)14.1%
Avg ROIC 5Y-29%
ROE (TTM)13.4%
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

4 Stories
PRNewsWire·1d ago
Encompass Health announces indefinite closure of Sea Pines Rehabilitation Hospital due to flood damage

BIRMINGHAM, Ala., and MELBOURNE, Fla.

Zacks Investment Research·2d ago
Sea Limited Sponsored ADR (SE) Falls More Steeply Than Broader Market: What Investors Need to Know

In the closing of the recent trading day, Sea Limited Sponsored ADR (SE) stood at $75.63, denoting a -5.69% move from the preceding trading day.

Seeking Alpha·4d ago
Sea Limited: Still An Excellent GARP Growth Pick Outside America (Rating Upgrade)

Sea Limited is upgraded to Strong Buy, citing a rare combination of high growth and deeply discounted valuation. SE trades at 20x EPS with projected 25-30% annual operating income growth, and boasts an A+ balance sheet with significant net cash. Peer comparisons highlight SE's exceptional free cash flow yield (7.5%-11.3%) and ultra-low EV/sales and EV/EBITDA multiples among major global online retailers.

Zacks Investment Research·Oct 29, 2026
Sea Limited Sponsored ADR (SE) Rises As Market Takes a Dip: Key Facts

In the closing of the recent trading day, Sea Limited Sponsored ADR (SE) stood at $76.55, denoting a +1.82% move from the preceding trading day.

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
$75.73$45.46B30.2636.38%5.91%13.37%—
MELI logoMELIMercadoLibre, Inc.
$1510.00$76.55B40.5039.06%4.91%25.15%—
GRAB logoGRABGrab Holdings Limited
$3.41$13.55B25.5620.49%14.76%8.45%—
BABA logoBABAAlibaba Group Holding Limited
$109.45$255.42B23.992.74%7.04%6.6%1.92%
JD logoJDJD.com, Inc.
$29.11$40.87B18.5512.97%1.12%5.08%3.59%
CPNG logoCPNGCoupang, Inc.
$16.29$29.28B-21.4514.09%-3.77%-37.92%—

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 over the trailing twelve months. Revenue was $22.94B in fiscal year 2025. That is 14169% more than the $160.8M of fiscal year 2014.

How fast is Sea Limited growing?

Sea Limited (SE) grew revenue by 43.1% over the trailing twelve months, compared with the twelve months before.

Is SE profitable?

Yes. Sea Limited (SE) earned $1.64B in net income over the trailing twelve months (a 5.9% net margin).

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

Sea Limited (SE) had a return on equity (ROE) of 13.4% over the trailing twelve months. That is in line with the market's typical 10-15%.

What is Sea Limited's free cash flow?

Sea Limited (SE) generated $3.11B in free cash flow over the trailing twelve months.

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

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

See returns →