Added to YB: 2026-07-01
Pitch date: 2026-06-28
SE [neutral]
Sea Limited
+4.11%
current return
Author Info
Slow Compounding is an ex buy-side analyst looking for high-quality companies that create high shareholder returns. Investing for the long-term. Sign up for the newsletter.
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
$55.9B
Pitch Price
$92.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.47
P/E
35.96
EV/Sales
1.95
Sector
Broadline Retail
Category
growth
Sea Limited: Is Shopee VIP Its Prime Moment?
SE (overview): Bull case frames Shopee VIP membership + FBS fulfillment as offensive reinvestment (Amazon Prime/FBA analogy), not defensive spend vs TikTok Shop. VIP hit ~10M members in 1yr (~2.4% penetration) but ~20% of Asia GMV; members spend 3x more frequently. At ~1.5x fwd EV/Sales, near IPO-low. Watch frequency/retention/density.
Read full article (19 min)