Sea Limited

Sea Limited is a New York Stock Exchange-listed, Singapore-founded technology business focused on Southeast Asia with leading positions in ecommerce, fintech, and gaming.

“Penetration remains low in its core markets, and Sea is investing behind this opportunity. While revenue growth is accelerating, these investments have a short-term impact on reported profits. This lack of short-term earnings momentum has led to a sell-off, but we believe it is the right long-term decision for the business. Sea now trades on a low-20s 2027 price-to-earnings (PE) multiple, which we deem very attractive, considering growth remains robust and long-duration.”