Sea Limited

NYSE:SE Stock Report

Market Cap: US$65.3b

Sea Valuation

Is SE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SE ($114.46) is trading below our estimate of fair value ($173.9)

Significantly Below Fair Value: SE is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SE?

Key metric: As SE is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SE. This is calculated by dividing SE's market cap by their current revenue.
What is SE's PS Ratio?
PS Ratio4.2x
SalesUS$15.49b
Market CapUS$65.29b

Price to Sales Ratio vs Peers

How does SE's PS Ratio compare to its peers?

The above table shows the PS ratio for SE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.6x
EA Electronic Arts
5.9x5.4%US$43.6b
RBLX Roblox
10.1x18.2%US$34.3b
TTWO Take-Two Interactive Software
6x14.4%US$32.7b
SCPL SciPlay
0.7x4.0%US$2.9b
SE Sea
4.2x14.9%US$65.3b

Price-To-Sales vs Peers: SE is good value based on its Price-To-Sales Ratio (4.2x) compared to the peer average (7.3x).

Price to Sales Ratio vs Industry

How does SE's PS Ratio compare vs other companies in the US Entertainment Industry?

26 CompaniesPrice / SalesEstimated GrowthMarket Cap
IQ iQIYI
0.5x2.8%US$2.01b
LGF.A Lions Gate Entertainment
0.5x5.1%US$1.70b
AMC AMC Entertainment Holdings
0.4x9.0%US$1.63b
DOYU DouYu International Holdings
0.5x-5.2%US$312.88m
SE 4.2xIndustry Avg. 1.4xNo. of Companies26PS0246810+
26 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SE is expensive based on its Price-To-Sales Ratio (4.2x) compared to the US Entertainment industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is SE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.2x
Fair PS Ratio3.9x

Price-To-Sales vs Fair Ratio: SE is expensive based on its Price-To-Sales Ratio (4.2x) compared to the estimated Fair Price-To-Sales Ratio (3.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$114.46
US$117.48
+2.6%
19.0%US$150.00US$29.00n/a33
Nov ’25US$95.38
US$98.63
+3.4%
21.5%US$135.00US$29.00n/a33
Oct ’25US$97.49
US$86.94
-10.8%
16.0%US$112.54US$29.00n/a33
Sep ’25US$78.31
US$85.84
+9.6%
15.2%US$99.00US$29.00n/a33
Aug ’25US$64.05
US$79.03
+23.4%
16.9%US$95.00US$29.00n/a32
Jul ’25US$69.39
US$78.45
+13.1%
16.0%US$95.00US$29.00n/a33
Jun ’25US$67.52
US$76.81
+13.8%
18.2%US$96.00US$20.00n/a33
May ’25US$62.72
US$68.17
+8.7%
22.1%US$92.00US$20.00n/a33
Apr ’25US$53.02
US$63.37
+19.5%
22.1%US$90.00US$20.00n/a33
Mar ’25US$51.05
US$54.96
+7.7%
36.7%US$145.00US$20.00n/a33
Feb ’25US$40.47
US$54.19
+33.9%
38.0%US$145.00US$20.00n/a33
Jan ’25US$40.50
US$56.31
+39.0%
36.1%US$145.00US$29.00n/a33
Dec ’24US$37.48
US$57.22
+52.7%
35.6%US$145.00US$29.00n/a33
Nov ’24US$40.44
US$63.05
+55.9%
33.5%US$145.00US$29.00US$95.3833
Oct ’24US$43.95
US$65.93
+50.0%
35.2%US$145.00US$29.00US$97.4933
Sep ’24US$38.52
US$68.26
+77.2%
36.8%US$145.00US$29.00US$78.3134
Aug ’24US$65.91
US$95.64
+45.1%
21.2%US$159.00US$50.00US$64.0532
Jul ’24US$58.04
US$95.49
+64.5%
21.9%US$159.00US$50.00US$69.3932
Jun ’24US$57.98
US$97.08
+67.4%
20.9%US$159.00US$50.00US$67.5232
May ’24US$75.85
US$98.63
+30.0%
20.9%US$159.00US$50.00US$62.7231
Apr ’24US$86.55
US$98.05
+13.3%
22.3%US$159.00US$50.00US$53.0230
Mar ’24US$62.07
US$85.51
+37.8%
28.0%US$159.00US$44.00US$51.0530
Feb ’24US$68.95
US$84.74
+22.9%
28.1%US$159.00US$40.00US$40.4730
Jan ’24US$52.03
US$86.50
+66.2%
28.3%US$159.00US$40.00US$40.5030
Dec ’23US$61.15
US$89.14
+45.8%
28.9%US$159.00US$40.00US$37.4830
Nov ’23US$49.11
US$100.63
+104.9%
28.5%US$159.00US$40.00US$40.4429

Analyst Forecast: Target price is less than 20% higher than the current share price.

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