NASDAQ · GRAB

Grab Holdings Limited

Technology · Software - Application

$3.01▼ 0.99% ($0.03)at close

After hours$3.02▲ 0.33%7:59 PM ET

52-week

$2.96$6.62

Market cap

$11.96B

P/E

21.05

Volume

77.98M

Shares outstanding

3.97B

What the market price implies · Reverse DCF

To support a price of $3.01, this model requires revenue to grow by 6.11%/yr over the next 10 years, compounded annually.

Historical revenue grew by 49.48%/yr over the past 4 years. The required annual growth rate is 43.37 percentage points lower.

Selected forecast · Base scenario

17.96%/yr · actual 10-year annualized revenue growth

Year 1 growth: 30.57%

Market-implied · Base operating assumptions + edited margins

6.11%/yr · flat 10-year annualized revenue growth

Reverse DCF solves revenue growth itself using Base operating assumptions and your edited margins. Changing forecast growth alone does not change the implied rate. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Revenue & margin DCF

Price used

$3.01

Estimated value / share

$6.95

Base scenario

This estimate is 130.96% above the price used.

USD · TTM ending 2026-06-30

Year 1 growth 30.57% · Ending margin 7.24% · Discount rate 9.06%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 10, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 11, 2026, 5:15 AM UTC · provider

Why this method?

There is not a stable run of positive FCFF to anchor a direct cash-flow CAGR, so the model should start from revenue and margin assumptions instead.

Is FCFF positive and has it been for 3+ consecutive years? Latest FCFF is not positive.

Price vs Fundamentals

Why The Stock Is Moving

Likely multiple compressionModerate confidence

1Y Price: -42.53%Revenue (TTM): 21.45%FCF (TTM): -110.58%P/S: 0th pct

What changed

The stock fell 42.53% over the last year. Revenue grew 21.45% over the trailing twelve months. Operating margin moved from 0.78% to 6.92%. Free cash flow declined 110.58% over the trailing twelve months.

What the market seems to be pricing

Visible fundamentals weakened far less than the stock price. The market appears to be discounting durability, risk, or trust rather than just the latest reported numbers.

What would invalidate this read

This read changes if operating margin (currently 6.92%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.

Performance

Return analysis

Company profile

Grab Holdings Limited operates a leading super-application, providing a wide array of services including transportation, food and package delivery, financial technology solutions, and business support offerings.

CEOPing Yeow Tan

SectorTechnology

IndustrySoftware - Application

Employees12,012

IPO dateDec 1, 2020

http://www.grab.com

Market multiples

Forward P/E—

EV/EBITDA36.83

Enterprise value$19.04B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth21.73%

Gross margin43.63%▲1.2ppvs FY2024

Operating margin6.92%▲8.6ppvs FY2024

ROE9.08%▲5.0ppvs FY2025

Analyst consensus

RatingBuy

Target price$5.95▲97.67%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 3, 2026

Q4 FY26 · EPS est $0.02 · Revenue est $1.07B

View