WallStSmart

Neo-Concept International Group Holdings Limited Ordinary Shares (NCI)vsSea Ltd (SE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sea Ltd generates 10488% more annual revenue ($22.94B vs $216.65M). SE leads profitability with a 6.9% profit margin vs 4.0%. SE appears more attractively valued with a PEG of 0.59. SE earns a higher WallStSmart Score of 70/100 (B-).

NCI

Buy

52

out of 100

Grade: C-

Growth: 4.7Profit: 5.5Value: 8.7Quality: 6.0
Piotroski: 4/9Altman Z: 2.26

SE

Strong Buy

70

out of 100

Grade: B-

Growth: 10.0Profit: 6.0Value: 7.3Quality: 5.5
Piotroski: 6/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NCIUndervalued (+85.4%)

Margin of Safety

+85.4%

Fair Value

$16.32

Current Price

$0.95

$15.37 discount

UndervaluedFair: $16.32Overvalued
SEUndervalued (+53.2%)

Margin of Safety

+53.2%

Fair Value

$244.86

Current Price

$84.88

$159.98 discount

UndervaluedFair: $244.86Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NCI3 strengths · Avg: 9.3/10
P/E RatioValuation
3.4x10/10

Attractively priced relative to earnings

Price/BookValuation
0.5x10/10

Reasonable price relative to book value

EPS GrowthGrowth
34.0%8/10

Earnings expanding 34.0% YoY

SE4 strengths · Avg: 9.3/10
Revenue GrowthGrowth
38.4%10/10

Revenue surging 38.4% year-over-year

EPS GrowthGrowth
58.2%10/10

Earnings expanding 58.2% YoY

Market CapQuality
$51.99B9/10

Large-cap with strong market position

PEG RatioValuation
0.598/10

Growing faster than its price suggests

Areas to Watch

NCI4 concerns · Avg: 3.0/10
Market CapQuality
$17.97M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
4.0%3/10

4.0% margin — thin

Operating MarginProfitability
3.8%3/10

Operating margin of 3.8%

Debt/EquityHealth
1.183/10

Elevated debt levels

SE3 concerns · Avg: 3.0/10
P/E RatioValuation
33.7x4/10

Premium valuation, high expectations priced in

Profit MarginProfitability
6.9%3/10

6.9% margin — thin

Free Cash FlowQuality
$02/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : NCI

The strongest argument for NCI centers on P/E Ratio, Price/Book, EPS Growth. PEG of 1.13 suggests the stock is reasonably priced for its growth.

Bull Case : SE

The strongest argument for SE centers on Revenue Growth, EPS Growth, Market Cap. Revenue growth of 38.4% demonstrates continued momentum. PEG of 0.59 suggests the stock is reasonably priced for its growth.

Bear Case : NCI

The primary concerns for NCI are Market Cap, Profit Margin, Operating Margin. Thin 4.0% margins leave little buffer for downturns.

Bear Case : SE

The primary concerns for SE are P/E Ratio, Profit Margin, Free Cash Flow.

Key Dynamics to Monitor

NCI profiles as a value stock while SE is a hypergrowth play — different risk/reward profiles.

SE carries more volatility with a beta of 1.70 — expect wider price swings.

SE is growing revenue faster at 38.4% — sustainability is the question.

Monitor APPAREL MANUFACTURING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SE scores higher overall (70/100 vs 52/100) and 38.4% revenue growth. NCI offers better value entry with a 85.4% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Neo-Concept International Group Holdings Limited Ordinary Shares

CONSUMER CYCLICAL · APPAREL MANUFACTURING · USA

Navigant Consulting, Inc. provides professional services worldwide. The company is headquartered in Chicago, Illinois.

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Sea Ltd

CONSUMER CYCLICAL · INTERNET RETAIL · USA

Sea Limited is engaged in the digital entertainment, e-commerce and digital financial services businesses in Southeast Asia, Latin America, the rest of Asia and internationally. The company is headquartered in Singapore.

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