Pricing Log in Create free account
Friday 6 November 2026 Export SE’s income statement to Excel — free account

Sea Limited Sponsored ADR

SE Consumer Cyclical Internet Retail

Sea Limited Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $22.9 billion, up 36.4% from fiscal 2024.

Revenue
+48.1%
EPS
+5.88%
Free cash flow
−6.79%
Total debt
−29.9%

Quarter to June 2026, against a year earlier

75.68 4.51 −5.62%
Market cap
$42.9B
P/E
27.9×
Fwd P/E
25.2×
Dividend yield
—
F-score
8/9
Altman Z
3.76
Beneish M
−2.86
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 539.95
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — 16 41 32 17 24 42 22 13 1
Insider Ownership 12.03%

Capital & Financial Ratios $m

Size
Market Cap 42,880.00
Revenue ttm 27,723.16
Net income ttm 1,610.89
Free cash flow ttm 5,215.74
Net debt Q (10,284.32)
Valuation
P/E 27.93
Forward P/E 25.20
Price / sales 1.74
Forward P/S Powerpack
Price / FCF 14.48
Price / book 3.69
Financial health
Current ratio Q 1.49
Debt / equity Q 0.09 (at or below 0.5: strong)
Interest coverage Q 361.80
Growth
Revenue growth Q +48.07% (above 0%: growing)
Operating income growth Q +33.34% (above 0%: growing)
EPS, this year +3.37%
EPS, next year A +27.55% (at or above 15%: strong)
Revenue, next year A +36.41% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +18.25% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.4×, against a ten-year median of 4.4×; over the ten years it ranged from 1.2× in 2023 to 30.4× in 2020.
P/E against its own 10 years 0.90%
10-year low 10-year high
P/S against its own 10 years 3.17%
10-year low 10-year high
P/B against its own 10 years 5.32%
10-year low 10-year high
EV/Sales against its own 10 years 1.89%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–25
−100.0%/yr
  1. 1.62 ’16
  2. 0.44 ’17 −73
  3. 0.00 ’21 −100
  4. 0.00 ’22
  5. 0.00 ’23
  6. 0.00 ’24
  7. 0.00 ’25
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 6,769 10,276 12,789 11,509
Receivables 553 725 853 895
Inventory 125 143 223 273
Other — — — —
11,774 16,858 23,249 24,053
2023 2024 2025 Q'26
Payables 343 350 468 470
ST’ Debt 147 131 283 316
Other 2,199 2,498 3,097 3,330
8,169 11,296 14,681 16,094

Compound Annual Growth %

10y 5y 3y
Sales 54.70% 39.28% 22.59%
Cash Flow 0.00% 55.32% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 67.29% 29.90% 29.60%

Earnings Trends EPS, adjusted, against the consensus

Jun 2026 Estimate 1.00 Actual 0.86

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Sep 2025 1.03 0.78 Miss by 0.25
Dec 2025 0.90 0.80 Miss by 0.10
Mar 2026 0.96 0.84 Miss by 0.12
Jun 2026 1.00 0.86 Miss by 0.14
Sep 2026 1.04 — Reports 10 November 2026

EPS $

Mar Jun Sep Dec Year
’26 0.67 0.70 — — —
’25 0.65 0.65 0.59 0.63 2.52
’24 (0.04) 0.14 0.24 0.39 0.74
’23 0.15 0.54 (0.26) (0.19) 0.25
’22 (1.04) (1.67) (1.02) 0.72 (2.96)
’21 (0.82) (0.83) (1.06) (1.12) (3.84)
’20 (0.61) (0.84) (0.69) (1.06) (3.39)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 7,097 7,788 — — —
’25 4,841 5,259 5,986 6,852 22,938
’24 3,734 3,807 4,328 4,950 16,820
’23 3,041 3,096 3,310 3,617 13,064
’22 2,900 2,943 3,156 3,452 12,450
’21 1,764 2,281 2,689 3,222 9,955
’20 715 882 1,212 1,567 4,376
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,058 1,506 — — —
’25 757 1,616 1,175 1,476 5,025
’24 468 618 1,170 1,021 3,277
’23 606 595 600 279 2,080
’22 (724) (485) 1,208 (1,054) (1,056)
’21 318 132 63 (305) 209
’20 (63) 138 296 185 556
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1,058 1,506 — — —
’25 757 1,616 1,175 955 4,503
’24 468 618 1,170 706 2,962
’23 606 595 600 82 1,883
’22 (724) (485) 1,208 (1,911) (1,912)
’21 318 (124) 63 (1,111) (598)
’20 (113) 27 296 (170) 201
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 346 414 827 2,175 4,376 9,955 12,450 13,064 16,820 22,938 27,723 +59.4% 31,290 38,389 45,084 +25.3%
Gross margin, % 32.71 21.08 1.78 27.81 30.83 39.13 41.65 44.66 42.84 44.66 44.34 +12.0 pt
EBT (197) (549) (954) (1,369) (1,483) (1,715) (1,501) 432 779 2,281 2,535 n/m
EBT margin, % (56.96) (132.43) (115.35) (62.91) (33.90) (17.23) (12.05) 3.31 4.63 9.94 9.14 +66.9 pt
Net income (225) (561) (961) (1,458) (1,624) (2,043) (1,658) 163 448 1,611 1,611 n/m
Per share, $
Per share, $ Revenue 2.02 2.01 2.44 4.98 9.17 18.69 22.31 23.06 29.25 38.55 43.57 +38.8%
Earnings (1.31) (2.72) (2.84) (3.35) (3.39) (3.84) (2.96) 0.27 0.77 2.65 2.71 n/m
Cash flow (0.67) (1.26) (1.46) 0.16 1.16 0.39 (1.89) 3.67 5.70 8.44 8.20 n/m
Capex (0.14) (0.39) (0.52) (0.56) (0.74) (1.51) (1.53) (0.35) (0.55) (0.88) 0.00 +22.6%
Free cash flow (0.81) (1.65) (1.99) (0.40) 0.42 (1.12) (3.43) 3.32 5.15 7.57 8.20 n/m
Book value (0.73) 2.31 (0.71) 2.69 7.17 13.94 10.41 11.82 14.74 21.26 20.51 n/m
Shares, m 171 206 338 437 477 533 558 567 575 595 610 +14.9%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 137.32 137.79 48.14 27.93 32.3
P/S 7.53 6.46 4.63 9.50 21.71 11.97 2.38 1.67 3.63 3.31 1.74 7.3
P/B 0.00 5.63 0.00 14.97 27.78 16.05 5.09 3.25 7.20 6.00 3.69 8.6
EV/Sales 7.59 4.70 4.40 8.26 20.51 11.15 1.97 1.40 3.13 2.79 1.37 6.6
EV/FCF (13.56) (7.50) (4.66) (34.56) (9,152.93) (84.08) (7.37) (509.64) 47.68 20.39 11.39 (974.6)
Cash, $m
Cash, $m Operating cash flow (115) (259) (495) 70 556 209 (1,056) 2,080 3,277 5,025 5,216 n/m
Capex (24) (79) (178) (246) (355) (807) (856) (196) (315) (522) (1,890) +40.8%
Free cash flow (139) (339) (673) (176) 201 (598) (1,912) 1,883 2,962 4,503 5,216 n/m
Balance, $m
Balance, $m Working capital 46 1,083 524 2,048 4,303 7,959 5,752 3,605 5,562 8,569 7,958 +78.7%
Net debt (187) (732) (194) (2,298) (5,237) (8,135) (5,017) (3,553) (8,417) (11,995) (10,284) +58.8%
Shareholders’ equity (126) 475 (239) 1,173 3,420 7,424 5,811 6,698 8,478 12,648 13,050 n/m
Returns, %
Returns, % ROA (48.68) (45.31) (45.98) (39.45) (20.64) (14.01) (9.24) 0.84 2.14 6.07 5.73 +54.8 pt
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 (117.05) 4.47 681.80 190.02 51.63 +190.0 pt
ROE 857.97 (320.75) (815.73) (313.50) (70.46) (37.75) (24.95) 2.41 5.86 14.94 14.43 (843.0) pt
People
People Employees 5,400 10,200 22,600 29,800 33,800 67,300 63,800 62,700 80,700 102,700 — +38.7%
Revenue/emp, $m 0.06 0.04 0.04 0.07 0.13 0.15 0.20 0.21 0.21 0.22 — +14.9%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 24 Oct 2026

Sea Limited Sponsored ADR vs peers in Internet Retail (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PDD PDD Holdings Inc. Sponsored ADR $119.5B 8.7× 8.0× +14.08% (above 0%: growing) −7.17% (below 0%: shrinking) +25.39% (above 0%: growing) 57.26% 24.71% Compare
DASH DoorDash, Inc. $78.5B 74.2× 64.3× +33.95% (above 0%: growing) +87.72% (above 0%: growing) +8.85% (above 0%: growing) 52.97% 9.58% Compare
MELI MercadoLibre, Inc. $77.6B 40.8× 42.6× +45.09% (above 0%: growing) +6.13% (above 0%: growing) −5.96% (below 0%: shrinking) 40.78% 6.29% Compare
EBAY eBay Inc. $54.2B 26.4× 27.7× +13.69% (above 0%: growing) −19.47% (below 0%: shrinking) −2.09% (below 0%: shrinking) 72.33% 19.21% Compare
SE Sea Limited Sponsored ADR $42.9B 27.9× 25.2× +48.07% (above 0%: growing) +5.88% (above 0%: growing) −6.79% (below 0%: shrinking) 45.58% 8.35%
JD JD.com, Inc. $34.4B 17.6× 9.8× +2.54% (above 0%: growing) +27.87% (above 0%: growing) +64.77% (above 0%: growing) 17.12% 1.31% Compare
CPNG Coupang, Inc. $29.4B — (loss-making) — (loss-making) +7.50% (above 0%: growing) n/m −116.29% (below 0%: shrinking) 25.71% (4.52%) Compare
W Wayfair Inc. $15.5B — (loss-making) — (loss-making) +9.72% (above 0%: growing) n/m +31.25% (above 0%: growing) 29.59% 3.10% Compare
CART Maplebear Inc. $13.7B 29.2× 24.6× +16.61% (above 0%: growing) +14.81% (above 0%: growing) +12.50% (above 0%: growing) 71.78% 0.00% Compare
Median of peers $44.3B 27.8× 26.2× +13.89% +10.47% +10.68% 46.88% 4.70%

All 42 Internet Retail stocks →

Sea Limited Sponsored ADR (SE) Latest News

29 Oct

Impact 3 · · Zacks
Impact 3 · · Zacks

27 Oct

Impact 3 · · Business Wire

24 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.
Impact 3 · · Simply Wall St.

23 Oct

Impact 4 · · The Motley Fool
Impact 4 · · The Motley Fool

21 Oct

Impact 3 · · Zacks
Impact 3 · · Zacks

20 Oct

Impact 4 · · StockStory
Impact 4 · · InvestorsHub
Impact 4 · · Investing.com

19 Oct

Impact 3 · · The Motley Fool

16 Oct

Impact 3 · · The Motley Fool

15 Oct

Impact 3 · · Zacks

7 Oct

Impact 4 · · Zacks

5 Oct

Impact 3 · · Zacks

2 Oct

Impact 4 · · Investing.com
Impact 3 · · Simply Wall St.
Impact 3 · · Simply Wall St.

30 Sep

Impact 3 · · Zacks
Impact 3 · · StockStory

24 Sep

Impact 3 · · Zacks

14 Sep

Impact 3 ·

31 Aug

Impact 3 ·

18 Aug

Impact 3 ·

14 Aug

Impact 4 ·

13 Aug

Impact 3 ·
Impact 3 ·

SE metrics, ten years each

stockrow.com/SE · Data as of Oct 24, 2026 · For information only; not investment advice. · © 2026 stockrow.com