Screened 2026-08-25 · the tape above runs as of 11:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markdown label.
Sea Ltd ADR holds its Markdown at $123.18. The statistical read favours the sellers, held for 16 days.
As held on the ledger · 2026-08-25
Phase
Markdown · caution
Quantitative state
The statistical read favours the sellers, held for 16 days
Price at the screen
$123.18
Valuation
47.56 trailing · 23.97 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.51
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
11.49%
Below 33%
Interest-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 cash
5.71%
Below 33%
Cash held in interest-bearing accounts and securities is 5.7% of assets, under the one-third limit.
Pass
Receivables
15.45%
Below 49%
Money owed to the company is 15.4% of assets, under the 49% limit.
Pass
Revenue purity
1.44%
Below 5%
Only 1.4% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-08-25 screen. The gold marker is the market price at the same screen. A 8.4% margin of safety to the base estimate.
Third-party analyst targets: 28 covering, consensus Strong Buy. The average target sits +25% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-08-25 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
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.
Where & How to Trade
SE trades on the NYSE (the company is based in Singapore). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-12Markdown · changed$123.18+11.0%Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 11.0% 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.
2026-08-12Markup$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.
