(GRAB) Grab Holdings - Ratings and Ratios

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

Mobility, Deliveries, Financial Services, Superapp

Stock: Passenger Ground Transportation
Age 5.1y

MCap 17,901m
Avg Vol 35.3M (179M USD)

Beta 1.387
Volatility 43.65%

EPS (Earnings per Share)

EPS CAGR: 41.24%
EPS Trend: 86.7%

Last SUE: -0.61
Qual. Beats: 0

Revenue

Rev. CAGR: 69.01%
Rev. Trend: 85.4%

Last SUE: 0.00
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	43.7%
Value at Risk 5%th	62.6%
Relative Tail Risk	-12.80%

Reward TTM
Sharpe Ratio	0.18
Alpha	-19.08
CAGR/Max DD	0.20

Character TTM
Hurst Exponent	0.531
Beta	1.387
Beta Downside	1.383

Drawdowns 3y
Max DD	38.62%
Mean DD	12.95%
Median DD	13.23%

Description: GRAB Grab Holdings December 17, 2025

Grab Holdings Ltd (NASDAQ:GRAB) operates a super-app ecosystem across eight Southeast Asian markets, delivering mobility, food and parcel deliveries, and a suite of digital financial services-including a licensed digital bank-through four business segments: Deliveries, Mobility, Financial Services, and Others.

Key recent metrics show that Grab’s monthly active users surpassed 120 million in Q3 2024, while its total gross merchandise value (GMV) grew 18% YoY, driven largely by strong demand for on-demand logistics in Indonesia and Vietnam. The company’s financial-services revenue is expanding at a faster pace than its mobility segment, reflecting regional trends of rising mobile-payment adoption and under-banked populations. Macro-level drivers include rapid urbanization, rising middle-class disposable income, and the Southeast Asian digital payments market projected to exceed $300 bn by 2027.

For a deeper quantitative analysis, consider reviewing Grab’s data on ValueRay to complement your research.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (122.0m TTM) > 0 and > 6% of Revenue (6% = 193.7m TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA -3.90pp (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 0.02 (>3.0%) and CFO 263.0m > Net Income 122.0m (YES >=105%, WARN >=100%)

Net Debt (-1.14b) to EBITDA (311.0m) ratio: -3.68 <= 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 1.54 (EBITDA TTM 311.0m / Interest Expense TTM 95.0m) >= 6 (WARN >= 3)

Altman Z'' -1.47

(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: -1.47 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 55.78

1. Piotroski 3.50pt

2. FCF Yield 1.31%

3. FCF Margin 5.33%

4. Debt/Equity 0.33

5. Debt/Ebitda -3.68

6. ROIC - WACC (= -8.44)%

7. RoE 1.90%

8. Rev. Trend 85.37%

9. EPS Trend 86.71%

What is the price of GRAB shares?

As of January 21, 2026, the stock is trading at USD 4.51 with a total of 69,484,219 shares traded.
Over the past week, the price has changed by -5.85%, over one month by -12.93%, over three months by -20.46% and over the past year by -2.17%.

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	51.4%
Analysts Target Price	6.8	51.4%
ValueRay Target Price	4.5	-1.1%

GRAB Fundamental Data Overview January 21, 2026

P/E Trailing = 219.0
P/E Forward = 49.0196
P/S = 5.5456
P/B = 2.7664
P/EG = 1.2235
Revenue TTM = 3.23b USD
EBIT TTM = 146.0m USD
EBITDA TTM = 311.0m 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 = 13.11b USD (17.90b + Debt 2.14b - CCE 6.93b)
Interest Coverage Ratio = 1.54 (Ebit TTM 146.0m / Interest Expense TTM 95.0m)
EV/FCF = 76.23x (Enterprise Value 13.11b / FCF TTM 172.0m)
FCF Yield = 1.31% (FCF TTM 172.0m / Enterprise Value 13.11b)
FCF Margin = 5.33% (FCF TTM 172.0m / Revenue TTM 3.23b)
Net Margin = 3.78% (Net Income TTM 122.0m / 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 = 1.15 (Enterprise Value 13.11b / Total Assets 11.36b)
Interest Expense / Debt = 1.26% (Interest Expense 27.0m / Debt 2.14b)
Taxrate = 21.0% (US default 21%)
NOPAT = 115.3m (EBIT 146.0m * (1 - 21.00%))
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 = -3.68 (Net Debt -1.14b / EBITDA 311.0m)
Debt / FCF = -6.65 (Net Debt -1.14b / FCF TTM 172.0m)
Total Stockholder Equity = 6.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.19% (Net Income 122.0m / Total Assets 11.36b)
RoE = 1.90% (Net Income TTM 122.0m / Total Stockholder Equity 6.43b)
RoCE = 2.16% (EBIT 146.0m / Capital Employed (Equity 6.43b + L.T.Debt 320.0m))
RoIC = 1.52% (NOPAT 115.3m / Invested Capital 7.59b)
WACC = 9.96% (E(17.90b)/V(20.04b) * Re(11.03%) + D(2.14b)/V(20.04b) * Rd(1.26%) * (1-Tc(0.21)))
Discount Rate = 11.03% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 3.38%
[DCF Debug] Terminal Value 61.92% ; FCFF base≈302.0m ; Y1≈198.2m ; Y5≈90.5m
Fair Price DCF = 0.62 (EV 1.32b - Net Debt -1.14b = Equity 2.47b / Shares 3.96b; r=9.96% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 86.71 | EPS CAGR: 41.24% | SUE: -0.61 | # QB: 0
Revenue Correlation: 85.37 | Revenue CAGR: 69.01% | SUE: -0.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.02 | Chg30d=-0.000 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=0.10 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+172.8% | Growth Revenue=+21.3%

Additional Sources for GRAB Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle