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While my investment focus is clearly on the United States (as for most other analysts writing here), I also try to look across the big pond, which is not so difficult for me as I live in Germany. But
Sea Limited Is Still Undervalued
Summary
- Sea Limited reported strong Q3/24 results, with revenue up 30.8% YoY and a switch to operating income from a loss.
- E-commerce, Digital Financial Services, and Digital Entertainment segments show significant growth, particularly in revenue and user engagement.
- Intrinsic value calculations suggest Sea Limited can sustain high growth rates, justifying its current valuation and "Buy" rating.
My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My academic background is in sociology and I hold a Master’s Degree in Sociology (with main emphasis on organizational and economic sociology) and a Bachelor’s Degree in Sociology and History.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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