GRAB Stock Analysis: Grab Holdings | NASDAQ
Software - Application | NASDAQ, USA | Market Cap: 12.806m USD | 12M Return: -49.1% | KYG4124C1096 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 218M
Qual. Beats: 3
Rev. Trend: 99.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Grab Holdings Limited operates the Grab superapp across eight Southeast Asian markets: Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Founded in 2012 and headquartered in Singapore, the company runs a multi-service platform spanning food and goods delivery (GrabFood, GrabMart), ride-hailing (GrabCar, GrabTaxi, GrabBike, JustGrab), and mobility solutions (GrabRentals, carpooling, three-wheel vehicle options, autonomous vehicle services). It also offers a corporate management portal, Grab for Business, an agent network called GrabKios, and an in-app advertising product, GrabAds.
The company has expanded well beyond transport into financial services and digital payments, including GrabPay, the GrabFin suite (covering digital and offline lending, PayLater, receivables factoring, and working capital loans), insurance products under GrabInsure, a payment gateway (GrabLink), and a digital banking savings account through a partnership bank. Banking products include GX Bank debit cards and the GXS FlexiCard credit card, alongside mapping services, last-mile delivery infrastructure, and a loyalty rewards platform (GrabCoins).
Grab is classified under the Industrials sector (GICS Sub Industry: Passenger Ground Transportation) but functions as a broad superapp, combining ride-hailing, food delivery, logistics, and fintech within a single platform. Southeast Asias superapp model is notable for bundling diverse consumer services to drive user engagement and cross-sell across high-population, mobile-first markets. The company is publicly traded on NASDAQ under the ticker GRAB.
- Ride-hailing demand recovery lifts deliveries and mobility GMV
- Indonesia and Thailand on-demand segment revenue grows double digits
- Fintech lending margins expand as PayLater credit losses stabilize
- Singapore digital bank competition pressures deposit growth and profitability
| Net Income: 596.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -6.29 > 1.0 |
| NWC/Revenue: 77.41% < 20% (prev 125.5%; Δ -48.12% < -1%) |
| CFO/TA 0.00 > 3% & CFO 37.0m > Net Income 596.0m |
| Net Debt (-4.03b) to EBITDA (837.0m): -4.82 < 3 |
| Current Ratio: 1.52 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.17b) vs 12m ago -1.70% < -2% |
| Gross Margin: 43.63% > 18% (prev 42.87%; Δ 0.76% > 0.5%) |
| Asset Turnover: 30.35% > 50% (prev 27.56%; Δ 2.78% > 0%) |
| Interest Coverage Ratio: 5.58 > 6 (EBIT TTM 631.0m / Interest Expense TTM 113.0m) |
| A: 0.21 (Total Current Assets 8.41b - Total Current Liabilities 5.52b) / Total Assets 13.4b |
| B: -1.29 (Retained Earnings -17.3b / Total Assets 13.4b) |
| C: 0.05 (EBIT TTM 631.0m / Avg Total Assets 12.3b) |
| D: 1.08 (Book Value of Equity 6.77b / Total Liabilities 6.24b) |
| Altman-Z'' = -1.31 = CCC |
| DSRI: 1.85 (Receivables 1.79b/796.0m, Revenue 3.73b/3.07b) |
| GMI: 0.98 (GM 42.87% / 43.63%) |
| AQI: 1.51 (AQ_t 0.31 / AQ_t-1 0.20) |
| SGI: 1.21 (Revenue 3.73b / 3.07b) |
| TATA: 0.04 (NI 596.0m - CFO 37.0m) / TA 13.4b) |
| Beneish M = -1.88 (Cap -4..+1) = B |
As of October 05, 2026, the stock is trading at USD 3.08 with a total of 64,339,223 shares traded. Over the past week, the price has changed by -1.60%, over one month by -12.75%, over three months by -21.03% and over the past year by -49.09%.
Current recommended Stop Loss: 2.90 (which is 5.8% or 1.5 ATR below the current price).
Grab Holdings has received a consensus analysts rating of 4.52. Therefore, it is recommended to buy GRAB.
- StrongBuy: 17
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 5.8 | 87% |
P/E Trailing = 28.4545
P/E Forward = 25.5102
P/S = 3.4323
P/B = 1.935
P/EG = 0.6647
Revenue TTM = 3.73b USD
EBIT TTM = 631.0m USD
EBITDA TTM = 837.0m USD
Long Term Debt = 409.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.62b USD (from shortTermDebt, last quarter)
Debt = 2.27b USD (from shortLongTermDebtTotal, last quarter) + Leases 234.0m
Net Debt = -4.03b USD (calculated: Debt 2.27b - CCE 6.30b)
Enterprise Value = 8.77b USD (12.8b + Debt 2.27b - CCE 6.30b)
Interest Coverage Ratio = 5.58 (Ebit TTM 631.0m / Interest Expense TTM 113.0m)
EV/FCF = -130.9x (Enterprise Value 8.77b / FCF TTM -67.0m)
FCF Yield = -0.76% (FCF TTM -67.0m / Enterprise Value 8.77b)
FCF Margin = -1.80% (FCF TTM -67.0m / Revenue TTM 3.73b)
Net Margin = 15.97% (Net Income TTM 596.0m / Revenue TTM 3.73b)
Gross Margin = 43.63% ((Revenue TTM 3.73b - Cost of Revenue TTM 2.10b) / Revenue TTM)
Gross Margin QoQ = 43.63% (prev 43.35%)
Tobins Q-Ratio = 0.65 (Enterprise Value 8.77b / Total Assets 13.4b)
Interest Expense / Debt = 4.98% (Interest Expense 113.0m / Debt 2.27b)
Taxrate = 25.65% (69.0m / 269.0m)
NOPAT = 469.1m (EBIT 631.0m * (1 - 25.65%))
Current Ratio = 1.52 (Total Current Assets 8.41b / Total Current Liabilities 5.52b)
Debt / Equity = 0.34 (Debt 2.27b / totalStockholderEquity, last quarter 6.77b)
Debt / EBITDA = -4.82 (Net Debt -4.03b / EBITDA 837.0m)
Debt / FCF = 60.19 (negative FCF - burning cash) (Net Debt -4.03b / FCF TTM -67.0m)
Total Stockholder Equity = 6.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.85% (Net Income 596.0m / Total Assets 13.4b)
RoE = 9.00% (Net Income TTM 596.0m / Total Stockholder Equity 6.62b)
RoCE = 8.98% (EBIT 631.0m / Capital Employed (Equity 6.62b + L.T.Debt 409.0m))
RoIC = 5.01% (NOPAT 469.1m / Invested Capital 9.36b)
WACC = 11.54% (E(12.8b)/V(15.1b) * Re(12.93%) + D(2.27b)/V(15.1b) * Rd(4.98%) * (1-Tc(0.26)))
Discount Rate = 12.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 69.97 | Cagr: 2.59%
[DCF] Fair Price = unknown (Cash Flow -67.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 3.68 | # QB: 3
Revenue Correlation: 99.88 | Revenue CAGR: 20.16% | SUE: 0.31 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.02 | Chg30d=N/A | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.13 | Chg30d=-0.75% | Revisions=+40% | GrowthEPS=+92.8% | GrowthRev=+24.5%
EPS next Year (2027-12-31): EPS=0.14 | Chg30d=-1.80% | Revisions=+29% | GrowthEPS=+2.8% | GrowthRev=+23.7%
[Analyst] Revisions Ratio: +50% (up=6, down=1)