Professional
Added to YB: 2026-04-27
Pitch date: 2026-03-31
SE [neutral]
Sea Limited
+29.22%
current return
Author Info
No bio for this author
Company Info
Sea Limited, through its subsidiaries, operates as a technology company in Southeast Asia, Latin America, the rest of Asia, and internationally.
Market Cap
$69.3B
Pitch Price
$84.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.19
P/E
43.68
EV/Sales
2.32
Sector
Broadline Retail
Category
growth
Alger Mid Cap Focus Fund Portfolio Holding: Sea Limited
SE (holding update): Leading SE Asia internet platform w/ ~50% e-commerce share via Shopee, growing in Brazil. Q4 e-commerce beat expectations, strong sales growth guided. Shares down on larger-than-expected reinvestment cycle—mgmt prioritizing user acquisition & engagement over near-term margin expansion. Investing from position of strength; guidance framed as floor. Long-duration growth compounder w/ expanding moat.
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