- It was a mixed set of results for SE in Q4; the e-commerce business' operations in Southeast Asia and Taiwan saw narrower losses, but the digital entertainment segment's growth slowed.
- My sum-of-the-parts valuation translates into a price target of $97.30 for Sea Limited.
- I rate SE as a Hold; Sea Limited will have to deliver on gaming diversification and e-commerce profitability to justify a substantial valuation re-rating.
For further details see:
Is Sea Limited Stock A Buy Or Sell Now? Consider Gaming Business Diversification And E-Commerce Profitability