Growing revenue +40%, 20x Forward PE, PEG of 1.2x
A lot of investors screen for low P/E.
Far fewer screen for the combination of growth, valuation, and capital allocation.
The interesting question isn't whether Sea is cheap.
It's whether the market is still underestimating the durability of the ecosystem.
A lot of investors screen for low P/E.
Far fewer screen for the combination of growth, valuation, and capital allocation.
The interesting question isn't whether Sea is cheap.
It's whether the market is still underestimating the durability of the ecosystem.