WallStSmart

Sea Ltd (SE)vsSES AI Corp (SES)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sea Ltd generates 118057% more annual revenue ($27.72B vs $23.46M). SE leads profitability with a 5.9% profit margin vs -289.6%. SE earns a higher WallStSmart Score of 56/100 (C).

SE

Buy

56

out of 100

Grade: C

Growth: 8.7Profit: 5.5Value: 6.7Quality: 6.5
Piotroski: 6/9Altman Z: 1.53

SES

Avoid

31

out of 100

Grade: F

Growth: 6.3Profit: 2.0Value: 6.7Quality: 6.5
Piotroski: 3/9Altman Z: 0.36
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SEUndervalued (+56.1%)

Margin of Safety

+56.1%

Fair Value

$260.75

Current Price

$106.24

$154.51 discount

UndervaluedFair: $260.75Overvalued
SESUndervalued (+89.9%)

Margin of Safety

+89.9%

Fair Value

$18.15

Current Price

$0.53

$17.62 discount

UndervaluedFair: $18.15Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SE3 strengths · Avg: 9.0/10
Revenue GrowthGrowth
48.1%10/10

Revenue surging 48.1% year-over-year

Market CapQuality
$65.07B9/10

Large-cap with strong market position

Free Cash FlowQuality
$1.15B8/10

Generating 1.1B in free cash flow

SES3 strengths · Avg: 10.0/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
43.8%10/10

Revenue surging 43.8% year-over-year

Debt/EquityHealth
0.0410/10

Conservative balance sheet, low leverage

Areas to Watch

SE3 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.534/10

Distress zone — elevated risk

Profit MarginProfitability
5.9%3/10

5.9% margin — thin

P/E RatioValuation
41.5x2/10

Premium valuation, high expectations priced in

SES4 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$196.86M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-35.8%2/10

ROE of -35.8% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : SE

The strongest argument for SE centers on Revenue Growth, Market Cap, Free Cash Flow. Revenue growth of 48.1% demonstrates continued momentum. PEG of 1.04 suggests the stock is reasonably priced for its growth.

Bull Case : SES

The strongest argument for SES centers on Price/Book, Revenue Growth, Debt/Equity. Revenue growth of 43.8% demonstrates continued momentum.

Bear Case : SE

The primary concerns for SE are Altman Z-Score, Profit Margin, P/E Ratio. A P/E of 41.5x leaves little room for execution misses.

Bear Case : SES

The primary concerns for SES are EPS Growth, Market Cap, Piotroski F-Score.

Key Dynamics to Monitor

SE carries more volatility with a beta of 1.52 — expect wider price swings.

SE is growing revenue faster at 48.1% — sustainability is the question.

SE generates stronger free cash flow (1.1B), providing more financial flexibility.

Monitor INTERNET RETAIL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SE scores higher overall (56/100 vs 31/100) and 48.1% revenue growth. SES offers better value entry with a 89.9% margin of safety. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

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.

SES AI Corp

CONSUMER CYCLICAL · AUTO PARTS · USA

Synthesis Energy Systems, Inc., an energy company, is dedicated to licensing and commercializing SES gasification technology for synthesis gas production in China and internationally. The company is headquartered in Houston, Texas.

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