WallStSmart

National Vision Holdings Inc (EYE)vsSea Ltd (SE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sea Ltd generates 1263% more annual revenue ($27.72B vs $2.03B). SE leads profitability with a 5.9% profit margin vs 2.5%. EYE trades at a lower P/E of 27.6x. SE earns a higher WallStSmart Score of 56/100 (C).

EYE

Buy

52

out of 100

Grade: C-

Growth: 6.7Profit: 4.0Value: 4.3Quality: 5.0
Piotroski: 5/9Altman Z: 1.50

SE

Buy

56

out of 100

Grade: C

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

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EYESignificantly Overvalued (-19.2%)

Margin of Safety

-19.2%

Fair Value

$23.65

Current Price

$17.29

$6.36 premium

UndervaluedFair: $23.65Overvalued
SEUndervalued (+56.1%)

Margin of Safety

+56.1%

Fair Value

$260.75

Current Price

$106.24

$154.51 discount

UndervaluedFair: $260.75Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EYE2 strengths · Avg: 8.0/10
Price/BookValuation
1.5x8/10

Reasonable price relative to book value

EPS GrowthGrowth
36.4%8/10

Earnings expanding 36.4% YoY

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

Areas to Watch

EYE4 concerns · Avg: 3.8/10
P/E RatioValuation
27.6x4/10

Moderate valuation

Revenue GrowthGrowth
2.5%4/10

2.5% revenue growth

Altman Z-ScoreHealth
1.504/10

Distress zone — elevated risk

Market CapQuality
$1.35B3/10

Smaller company, higher risk/reward

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

Comparative Analysis Report

WallStSmart Research

Bull Case : EYE

The strongest argument for EYE centers on Price/Book, EPS Growth.

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.

Bear Case : EYE

The primary concerns for EYE are P/E Ratio, Revenue Growth, Altman Z-Score. Thin 2.5% margins leave little buffer for downturns.

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.

Key Dynamics to Monitor

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

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.

Bottom Line

SE scores higher overall (56/100 vs 52/100) and 48.1% revenue growth. Both earn "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.

National Vision Holdings Inc

CONSUMER CYCLICAL · SPECIALTY RETAIL · USA

National Vision Holdings, Inc., is an optical retailer in the United States. The company is headquartered in Duluth, Georgia.

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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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