(GRAB) Grab Holdings - Ratings and Ratios
Ride-Hailing, Food Delivery, E-Wallet, Digital Banking
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 49.8% |
| Value at Risk 5%th | 71.9% |
| Relative Tail Risk | -12.26% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.29 |
| Alpha | -14.33 |
| CAGR/Max DD | 0.52 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.469 |
| Beta | 1.397 |
| Beta Downside | 1.597 |
| Drawdowns 3y | |
|---|---|
| Max DD | 38.62% |
| Mean DD | 14.05% |
| Median DD | 13.85% |
Description: GRAB Grab Holdings October 14, 2025
Grab Holdings Ltd (NASDAQ:GRAB) operates a multi-service “superapp” across eight Southeast Asian markets-Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam-offering mobility, deliveries, and digital financial services to both consumers and partner merchants.
The business is organized into four segments: Deliveries, Mobility, Financial Services, and “Others,” the latter covering ancillary offerings such as digital banking. Its platform integrates driver- and merchant-partner tools with consumer-facing services, creating cross-selling opportunities and network effects that underpin the company’s growth strategy.
Key performance indicators from the most recent fiscal year (2023) show a reported revenue of roughly $2.6 billion, a 28 % year-over-year increase, and an active user base exceeding 80 million monthly active users (MAU). In the financial-services segment, Grab processed over $30 billion in payment volume, reflecting the broader regional shift toward cashless transactions driven by rising internet penetration and supportive regulatory reforms.
Sector-level drivers that materially affect Grab include the rapid urbanization of Southeast Asia’s middle class, which fuels demand for on-demand mobility and delivery, and the expansion of digital banking frameworks that lower entry barriers for fintech players. Competitive pressure from regional rivals (e.g., Gojek, Sea Ltd.) and evolving government policies on gig-economy labor rights remain sources of uncertainty that could impact margin trajectories.
For a deeper dive into Grab’s valuation metrics and scenario analysis, the ValueRay platform offers a useful toolkit.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (123.0m TTM) > 0 and > 6% of Revenue (6% = 193.7m TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA -3.48pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 112.2% (prev 153.1%; Δ -40.96pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.03 (>3.0%) and CFO 307.0m > Net Income 123.0m (YES >=105%, WARN >=100%) |
| Net Debt (-1.14b) to EBITDA (295.0m) ratio: -3.87 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.83 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (4.19b) change vs 12m ago -1.55% (target <= -2.0% for YES) |
| Gross Margin 43.11% (prev 41.62%; Δ 1.49pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 31.45% (prev 29.27%; Δ 2.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.38 (EBITDA TTM 295.0m / Interest Expense TTM 94.0m) >= 6 (WARN >= 3) |
Altman Z'' -1.48
| (A) 0.32 = (Total Current Assets 8.00b - Total Current Liabilities 4.38b) / Total Assets 11.36b |
| (B) -1.55 = Retained Earnings (Balance) -17.64b / Total Assets 11.36b |
| warn (B) unusual magnitude: -1.55 — check mapping/units |
| (C) 0.01 = EBIT TTM 130.0m / Avg Total Assets 10.27b |
| (D) 1.34 = Book Value of Equity 6.47b / Total Liabilities 4.84b |
| Total Rating: -1.48 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 54.55
| 1. Piotroski 3.50pt |
| 2. FCF Yield 1.30% |
| 3. FCF Margin 6.81% |
| 4. Debt/Equity 0.33 |
| 5. Debt/Ebitda -3.87 |
| 6. ROIC - WACC (= -9.45)% |
| 7. RoE 1.91% |
| 8. Rev. Trend 87.66% |
| 9. EPS Trend 76.52% |
What is the price of GRAB shares?
Over the past week, the price has changed by +11.22%, over one month by -8.25%, over three months by +9.66% and over the past year by +9.00%.
Is GRAB a buy, sell or hold?
- Strong Buy: 17
- Buy: 7
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the GRAB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 6.8 | 24.8% |
| Analysts Target Price | 6.8 | 24.8% |
| ValueRay Target Price | 5.3 | -2.6% |
GRAB Fundamental Data Overview November 20, 2025
P/E Trailing = 266.0
P/E Forward = 59.5238
P/S = 6.7357
P/B = 3.36
Beta = 0.887
Revenue TTM = 3.23b USD
EBIT TTM = 130.0m USD
EBITDA TTM = 295.0m USD
Long Term Debt = 320.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.82b USD (from shortTermDebt, last quarter)
Debt = 2.14b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.14b USD (from netDebt column, last quarter)
Enterprise Value = 16.95b USD (21.74b + Debt 2.14b - CCE 6.93b)
Interest Coverage Ratio = 1.38 (Ebit TTM 130.0m / Interest Expense TTM 94.0m)
FCF Yield = 1.30% (FCF TTM 220.0m / Enterprise Value 16.95b)
FCF Margin = 6.81% (FCF TTM 220.0m / Revenue TTM 3.23b)
Net Margin = 3.81% (Net Income TTM 123.0m / Revenue TTM 3.23b)
Gross Margin = 43.11% ((Revenue TTM 3.23b - Cost of Revenue TTM 1.84b) / Revenue TTM)
Gross Margin QoQ = 43.76% (prev 43.22%)
Tobins Q-Ratio = 1.49 (Enterprise Value 16.95b / Total Assets 11.36b)
Interest Expense / Debt = 1.26% (Interest Expense 27.0m / Debt 2.14b)
Taxrate = 55.26% (21.0m / 38.0m)
NOPAT = 58.2m (EBIT 130.0m * (1 - 55.26%))
Current Ratio = 1.83 (Total Current Assets 8.00b / Total Current Liabilities 4.38b)
Debt / Equity = 0.33 (Debt 2.14b / totalStockholderEquity, last quarter 6.47b)
Debt / EBITDA = -3.87 (Net Debt -1.14b / EBITDA 295.0m)
Debt / FCF = -5.20 (Net Debt -1.14b / FCF TTM 220.0m)
Total Stockholder Equity = 6.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.08% (Net Income 123.0m / Total Assets 11.36b)
RoE = 1.91% (Net Income TTM 123.0m / Total Stockholder Equity 6.43b)
RoCE = 1.93% (EBIT 130.0m / Capital Employed (Equity 6.43b + L.T.Debt 320.0m))
RoIC = 0.77% (NOPAT 58.2m / Invested Capital 7.59b)
WACC = 10.21% (E(21.74b)/V(23.88b) * Re(11.16%) + D(2.14b)/V(23.88b) * Rd(1.26%) * (1-Tc(0.55)))
Discount Rate = 11.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 3.38%
[DCF Debug] Terminal Value 57.83% ; FCFE base≈330.8m ; Y1≈217.2m ; Y5≈99.3m
Fair Price DCF = 0.32 (DCF Value 1.28b / Shares Outstanding 3.96b; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 76.52 | EPS CAGR: 290.2% | SUE: -0.31 | # QB: 0
Revenue Correlation: 87.66 | Revenue CAGR: 69.01% | SUE: -0.00 | # QB: 0
Additional Sources for GRAB Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle