$Sea Ltd(SE)$ Is it worth to invest in SEA now?

SEA price between $50-$55 is worth the risk to owns it. As current Sea's liabilities are manageable, even though they are more than its cash and near-term receivables combined. This is because market capitalization is a more comprehensive measure of a company's value than its cash and near-term receivables. Market capitalization takes into account the company's assets, liabilities, and future earnings potential.

In Sea's case, its market capitalization of US$32.9 billion is more than 15 times its liabilities of US$2.22 billion. This suggests that investors believe that Sea has the ability to repay its liabilities and still have a significant amount of value left over.

According to the analysts' price projection, Sea Limited (SE) is expected to have earnings of $0.63 per share in the next quarter. The range of estimates is from $0.27 to $0.82. The previous quarter's EPS was $0.15. SE has beaten its EPS estimate 75% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.6% of the time in the same period. In the last calendar year SE has outperformed its overall industry.

There are a few reasons why analysts are bullish on SE's earnings for the next quarter. First, the company's e-commerce business, Shopee, is growing rapidly in Southeast Asia. In the first quarter of 2023, Shopee's gross merchandise volume (GMV) grew 50% year-over-year to $17.1 billion. Second, SE's gaming business, Garena, is also doing well. In the first quarter of 2023, Garena's revenue grew 33% year-over-year to $2.9 billion.

Overall, analysts believe that SE is a well-positioned company to continue to grow its earnings in the next quarter and beyond. The company has a strong track record of beating analyst expectations, and its businesses are growing rapidly in Southeast Asia. As a result, the median analyst price target for SE is $94.34, which represents a potential upside of over 70% from the current price.