Overview Dividends

(GRAB) Grab Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: Singapore • Currency: USD • Type: Common Stock • ISIN: KYG4124C1096

Ride-Hailing, Food Delivery, E-Wallet, Digital Banking

GRAB EPS (Earnings per Share)

EPS Growth (3Y CAGR): 453.77%
EPS Trend (3Y Correlation): 82.4%

GRAB Revenue

Revenue Growth (3Y CAGR): 22.29%
Revenue Trend (3Y Correlation): 99.0%

Risk via 10d forecast
Volatility	46.8%
Value at Risk 5%th	65.9%
Relative Tail Risk	-14.32%

Reward TTM
Sharpe Ratio	0.38
Alpha	-6.95

Character TTM
Hurst Exponent	0.552
Beta	1.374
Beta Downside	1.556

Drawdowns 3y
Max DD	38.62%
Mean DD	13.92%
Median DD	13.60%

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.

GRAB Stock Overview

Market Cap in USD	22,724m
Sub-Industry	Passenger Ground Transportation
IPO / Inception	2020-12-01
Return 12m vs S&P 500	-0.21%
Analyst Rating	4.52 of 5

GRAB Dividends

Currently no dividends paid

GRAB Growth Ratios

CAGR 3y	19.20%
CAGR/Max DD Calmar Ratio	0.50
CAGR/Mean DD Pain Ratio	1.38
Current Volume	40982.2k
Average Volume	51338.1k

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 (286.0m) ratio: -4.00 <= 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 1.81 (EBITDA TTM 286.0m / Interest Expense TTM 67.0m) >= 6 (WARN >= 3)

Altman Z'' -1.49

(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

(D) 1.34 = Book Value of Equity 6.47b / Total Liabilities 4.84b

Total Rating: -1.49 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 55.71

1. Piotroski 3.50pt = -1.50

2. FCF Yield 1.23% = 0.61

3. FCF Margin 6.81% = 1.70

4. Debt/Equity 0.33 = 2.45

5. Debt/Ebitda -4.00 = 2.50

6. ROIC - WACC (= -9.40)% = -11.75

7. RoE 1.91% = 0.16

8. Rev. Trend 98.99% = 7.42

9. EPS Trend 82.38% = 4.12

What is the price of GRAB shares?

As of November 16, 2025, the stock is trading at USD 5.41 with a total of 40,982,177 shares traded.
Over the past week, the price has changed by -2.70%, over one month by -8.46%, over three months by +5.46% and over the past year by +14.38%.

Is Grab Holdings a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Grab Holdings is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 55.71 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GRAB is around 4.68 USD . This means that GRAB is currently overvalued and has a potential downside of -13.49%.

Is GRAB a buy, sell or hold?

Grab Holdings has received a consensus analysts rating of 4.52. Therefore, it is recommended to buy GRAB.

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	25.3%
Analysts Target Price	6.8	25.3%
ValueRay Target Price	5.3	-2%

GRAB Fundamental Data Overview November 10, 2025

Market Cap USD = 22.72b (22.72b USD * 1.0 USD.USD)
P/E Trailing = 278.0
P/E Forward = 53.1915
P/S = 7.0396
P/B = 3.8766
Beta = 0.887
Revenue TTM = 3.23b USD
EBIT TTM = 121.0m USD
EBITDA TTM = 286.0m USD
Long Term Debt = 116.0m USD (from longTermDebt, last fiscal year)
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 = 17.93b USD (22.72b + Debt 2.14b - CCE 6.93b)
Interest Coverage Ratio = 1.81 (Ebit TTM 121.0m / Interest Expense TTM 67.0m)
FCF Yield = 1.23% (FCF TTM 220.0m / Enterprise Value 17.93b)
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 = 1.58 (Enterprise Value 17.93b / Total Assets 11.36b)
Interest Expense / Debt = 0.51% (Interest Expense 11.0m / Debt 2.14b)
Taxrate = 55.26% (21.0m / 38.0m)
NOPAT = 54.1m (EBIT 121.0m * (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 = -4.00 (Net Debt -1.14b / EBITDA 286.0m)
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 = 1.85% (EBIT 121.0m / Capital Employed (Equity 6.43b + L.T.Debt 116.0m))
RoIC = 0.75% (NOPAT 54.1m / Invested Capital 7.25b)
WACC = 10.15% (E(22.72b)/V(24.86b) * Re(11.08%) + D(2.14b)/V(24.86b) * Rd(0.51%) * (1-Tc(0.55)))
Discount Rate = 11.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 3.38%
[DCF Debug] Terminal Value 58.12% ; FCFE base≈330.8m ; Y1≈217.2m ; Y5≈99.3m
Fair Price DCF = 0.32 (DCF Value 1.29b / Shares Outstanding 3.96b; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 82.38 | EPS CAGR: 453.8% | SUE: -0.31 | # QB: 0
Revenue Correlation: 98.99 | Revenue CAGR: 22.29% | SUE: -0.00 | # QB: 0

Additional Sources for GRAB Stock

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