An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · Sea Limited, through its subsidiaries, operates as a technology company in Southeast Asia, Latin America, the rest of Asia, and internationally.
VERDICT
The label
Markup
read at $111.00
Sea Ltd ADR holds its Markup at $111.00.
PHPhase · the trend structure carries the Markup label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate
edge confirmed
edge broken
edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
INVESTOR
The investor read · the season, not the day
As held on the ledger · 2026-08-06
Phase
Markup
Quantitative state
The statistical read favours the sellers, held for 16 days
Price
$111.00
Valuation
43.53 trailing · 21.14 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.51
OPPORTUNITY
The opportunity · what the numbers say it is worth
Read at
$111.00
43.53 P/E · 21.14 fwd
Our fair value
$126.81
14% discount
Analyst target (avg)
$138.10
+24% to current
Target low $100.00Analyst target rangeTarget high $195.00
▲ current $111.00 · | average target
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$111.00
you are here
Conservative
$90.00
-19%
Analyst avg
$138.10
+24%
Our fair value
$126.81
+14%
Analyst high
$195.00
+76%
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Revenue growth
46.60%
Profit margin
6.36%
Debt to equity
27.61
Analyst consensus
Strong Buy · 28 covering
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
The values screen, explained · five checks, plain English
This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:
The common standard· AAOIFI Used by most halal investing apps✓ PASSES
Our stricter standard· asset-based The one Titan applies✓ PASSES
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is just 11.5% of its assets, well under the one-third ceiling — it does not run on borrowed money.Pass
Interest-bearing cashCash held in interest-bearing accounts and securities is 5.7% of assets, under the one-third limit.Pass
ReceivablesMoney owed to the company is 15.4% of assets, under the 49% limit.Pass
Revenue purityOnly 1.4% of revenue comes from non-compliant sources — under the 5% line.Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
PLAIN
The business, in plain words · what the numbers mean
Shopee And Garena Driving Southeast Asia Growth
Picture a student in Manila topping up a game account or a trader in Jakarta checking out via Shopee. Sea Limited sits behind those everyday moves across emerging Asia and Latin America, running e-commerce, payments and gaming under one roof.
Revenue is rising 47 percent, margins sit at 6 percent and return on equity reaches 15 percent. The business clears our ethical screen and carries a narrow moat, yet the opportunity rating stays at none because the valuation already prices in much of the growth.
Risks centre on competition from bigger platforms, currency swings and the fact that a 19.8 times forward multiple leaves little room for disappointment in cyclical consumer spending. Analysis, not advice.
The risks · The things to watch: it already moves more than the market on an average day; its business and earnings are exposed to Singapore and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Screened names in the same industry · explore each on its own page.
TRADER
The trader read · the latest dated commentary
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 33.8% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 47%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (28 analysts) rates it strong buy, with a mean price target of $140. Entered 2026-08-12 · Markup
JOURNAL
The dated journal · newest first, never edited
2026-08-12Markup$111.00+33.8%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 33.8% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 47%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (28 analysts) rates it strong buy, with a mean price target of $140.
2026-07-18Markup$82.94+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 47%. Our forward projection puts the odds of a 10% gain over the next month near 28%. The street (28 analysts) rates it strong buy, with a mean price target of $140.
2026-07-03Markup$82.94+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markup$82.94Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
POLITICAL
The political ledger · congressional disclosures
Disclosures naming SE
Date
Politician
Party
Type
Amount
8 May2026
Rick Allen
Republican
buy
1K–15K
8 May2026
Ro Khanna
Democrat
buy
1K–15K
8 May2026
Ro Khanna
Democrat
buy
1K–15K
8 Jul2026
April McClain Delaney
Democrat
sell
1K–15K
8 Jul2026
Rick Scott
Republican
buy
100K–250K
RETURNS
What holding actually paid · price plus dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$84.87
-2.8%
·
$972
-2.8%
2 months
$85.92
-4.0%
·
$960
-4.0%
3 months
$85.16
-3.2%
·
$968
-3.2%
6 months
$126.60
-34.9%
·
$651
-34.9%
1 year
$156.87
-47.4%
·
$526
-47.4%
2 years
$72.97
+13.0%
·
$1,130
+13.0%
3 years
$63.38
+30.1%
·
$1,301
+30.1%
5 years
$277.69
-70.3%
·
$297
-70.3%
Historical returns from market close data. Past performance does not guarantee future results.
SEALED
This entry now belongs to the ledger. Whatever SE does next, these words stay.
Sea Ltd ADR · SE · Markup · $111.00
Recorded 2026-08-06 · before the outcome · scored mechanically
