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SE

Sea NYSE:SE Stock Report

Last Price

US$67.67

Market Cap

US$38.0b

7D

-23.7%

1Y

-78.1%

Updated

19 Aug, 2022

Data

Company Financials +
SE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

SE Stock Overview

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally.

Sea Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sea
Historical stock prices
Current Share PriceUS$67.67
52 Week HighUS$372.70
52 Week LowUS$54.06
Beta1.59
1 Month Change-13.82%
3 Month Change-15.05%
1 Year Change-78.12%
3 Year Change119.21%
5 Year Changen/a
Change since IPO316.18%

Recent News & Updates

Aug 15
Is There An Opportunity With Sea Limited's (NYSE:SE) 37% Undervaluation?

Is There An Opportunity With Sea Limited's (NYSE:SE) 37% Undervaluation?

In this article we are going to estimate the intrinsic value of Sea Limited ( NYSE:SE ) by taking the expected future...

Aug 14

Sea Limited: Ready To Emerge From Its Battering

Sea Limited heads into its Q2 earnings release on August 16 as market sentiments on unprofitable growth stocks have improved markedly. We are also confident that SE has bottomed out. Investors need to parse management's commentary on whether Shopee's line of sight towards adjusted EBITDA profitability remains on track, given the macro headwinds. Notwithstanding, we noticed that the market seems ready to look past near-term headwinds, lifting buying support for stocks like SE, where a long-term horizon is necessary. As such, we revise our rating from Hold to Speculative Buy. Thesis Sea Limited (SE) is due to report its highly anticipated Q2 earnings release on August 16, amid worsening macro headwinds that have buffeted its e-commerce and gaming peers. However, we noted that SE had held its May lows resiliently, as buying support has been robust to undergird its consolidation zone. Therefore, we are confident that even a relatively downcast Q2 print may not impact it markedly as the market looks ahead. Moreover, given the significant battering in SE since its November 2021 highs, the destruction seems almost complete as it has been staging a reversal. Coupled with what we believe are more constructive market sentiments for unprofitable speculative stocks, SE looks ready for a re-rating, as its long-term growth story remains intact. Still, a positive Q2 card that indicates that Shopee has continued to gain operating efficiencies would be highly beneficial to lift sentiments further, helping SE to gain further buying support. Therefore, we revise our rating on SE from Hold to Speculative Buy. Watch For Margins Improvement From Shopee Sea Limited revenue change % and adjusted net margins % consensus estimates (S&P Cap IQ) Investors should recall that management reiterated in Q1 that it remains confident of achieving adjusted EBITDA profitability (less HQ costs) for Shopee in FY22. Therefore, we urge investors to parse management's commentary on whether the company is on track to meet its previous guidance. The consensus estimates (bullish) suggest that Sea Limited's adjusted net margins could hit a bottom in Q2 before reversing higher through FY23. We believe the estimates are reasonable, as it aligns with management's guidance of improving efficiencies for Shopee. Parse Bookings Stabilization For Garena As the company's most important profit driver, we believe investors would likely assess whether Garena's bookings trends have stabilized in Q2. Note that in Q1, Garena notched a -27.3% YoY decline in bookings, demonstrating the end of the pandemic tailwinds as growth normalized markedly. However, investors should recall that management offered some nuggets of hope, as Group CEO Forrest Li highlighted: While Garena experienced headwinds in its growth post-COVID, we saw some preliminary positive effects from our efforts to improve user engagement in Free Fire. In particular, the monthly user trends for Free Fire began to show some early signs of stabilizing toward the end of the first quarter. We are assessing the long-term trends in user engagements post-COVID to better tailor our strategies and areas of focus. Building ever more engaging content within Free Fire and strengthening our pipeline of new games remain our key priorities. (Sea Limited FQ1'22 earnings call)

Shareholder Returns

SEUS EntertainmentUS Market
7D-23.7%-1.0%1.4%
1Y-78.1%-41.0%-8.4%

Return vs Industry: SE underperformed the US Entertainment industry which returned -41% over the past year.

Return vs Market: SE underperformed the US Market which returned -8.4% over the past year.

Price Volatility

Is SE's price volatile compared to industry and market?
SE volatility
SE Average Weekly Movement11.3%
Entertainment Industry Average Movement9.8%
Market Average Movement7.6%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: SE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: SE's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200967,300Forrest Lihttps://www.sea.com

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as eSports operations; and access to other entertainment content, including livestreaming of gameplay and social features, such as user chat and online forums. The company also operates Shopee e-commerce platform, a mobile-centric marketplace that provides integrated payment and logistics infrastructure and seller services.

Sea Limited Fundamentals Summary

How do Sea's earnings and revenue compare to its market cap?
SE fundamental statistics
Market CapUS$38.01b
Earnings (TTM)-US$2.70b
Revenue (TTM)US$11.75b

3.2x

P/S Ratio

-14.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SE income statement (TTM)
RevenueUS$11.75b
Cost of RevenueUS$7.17b
Gross ProfitUS$4.58b
Other ExpensesUS$7.28b
Earnings-US$2.70b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-4.81
Gross Margin38.96%
Net Profit Margin-23.00%
Debt/Equity Ratio76.9%

How did SE perform over the long term?

See historical performance and comparison