Sea Limited: Riding This Wave Through Recent Volatility

Aug. 17, 2022 9:37 AM ETSea Limited (SE) StockSE12 Comments

Summary

  • Sea Limited reported a challenged Q2 report with revenue and adjusted EBITDA coming in below expectations given the difficult macro environment.
  • Management also pulled guidance for their E-Commerce segment given the uncertainties.
  • With the stock down 65% year to date and sentiment remaining negative, I believe we may be nearing a bottom.
  • Valuation is currently ~3.5x forward revenue and if the company can execute on their efficiency and profitability targets, long-term investors could be rewarded.

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Sea Limited (NYSE:SE) recently reported a challenging Q2 with revenue and adjusted EBITDA coming in below expectations given the ongoing macro pressures on their business.

The biggest disappointment during the quarter was the company suspending guidance for their E-Commerce

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