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Sea Limited (SE)
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Sea Limited (SE) DCF Valuation

A discounted-cash-flow model values Sea Limited (SE) at about $55.16 (TGM base case).

What would today's price require?

Growth the price assumes+11.1%/yr
Actual growth, last 5 years+97.9%/yr

$82.44 is justified only if free cash flow grows about +11.1% a year for the next decade — slower than the company has actually grown.

Current Price

$82.44

Fair-Value Range

$55.16

Market-Implied Growth

+11.1%/yr

vs +97.9% 5Y actual

SE DCF Fair Value Calculator

Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.

5%/yr
Historical FCF CAGR: 3Y 49.9% · 5Y 97.9%
10%
2.5%
10yr

Base inputs: FCF $1.8B · 0.61B shares · net cash $4.2B

Estimated Fair Value

$55.16

-33.1% vs $82.44

Current price$82.44

Sensitivity — fair value by discount rate × terminal growth

How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $82.44; red = below. Your current case is outlined.

WACC ↓ / Terminal →1.50%2.00%2.50%3.00%3.50%
8.0%$66.90$69.98$73.63$78.00$83.34
9.0%$58.42$60.53$62.96$65.80$69.15
10.0%$51.96$53.46$55.16$57.10$59.34
11.0%$46.88$47.98$49.21$50.59$52.15
12.0%$42.78$43.61$44.52$45.54$46.67

About Sea Limited

Operating across Southeast Asia, Latin America, other parts of Asia, and various international markets, Sea Limited and its group of companies specialize in three core areas: digital entertainment, e-commerce, and digital financial services. Under its Garena brand, the company provides a comprehensive digital entertainment platform. This platform allows users to play a variety of online games on both mobile devices and personal computers, participate in eSports events, and access additional entertainment content. Key features include live-streamed gameplay, as well as social functionalities like user chat rooms and online forums. Furthermore, Sea Limited manages Shopee, a prominent e-commerce platform designed primarily for mobile users. Shopee functions as a marketplace, offering integrated payment solutions, robust logistics infrastructure, and a suite of services for its sellers. Its SeaMoney division delivers an array of digital financial services to both individual consumers and businesses. These services encompass offline and online mobile wallet facilities, payment processing, and various other financial products, such as credit, insurtech solutions, and digital banking. These offerings are brought to market through brands like ShopeePay, SPayLater, and SeaBank, among others. Notably, SeaMoney also handles the payment processing for the Shopee platform. Established in 2009, the firm initially operated as Garena Interactive Holding Limited before rebranding to Sea Limited in April 2017. Its global operations are directed from its headquarters in Singapore.

Singapore
80,700 employees
Consumer Cyclical / Specialty Retail
Sector
Consumer Cyclical
Industry
Specialty Retail
CEO
Xiaodong Li