Grab Holdings Limited

NasdaqGS:GRAB Stock Report

Market Cap: US$20.1b

Grab Holdings Valuation

Is GRAB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GRAB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$8.22
Fair Value
40.4% undervalued intrinsic discount
27
Number of Analysts

Below Fair Value: GRAB ($4.9) is trading below our estimate of fair value ($8.22)

Significantly Below Fair Value: GRAB is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for GRAB?

Key metric: As GRAB is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for GRAB. This is calculated by dividing GRAB's market cap by their current revenue.
What is GRAB's PS Ratio?
PS Ratio6.8x
SalesUS$2.92b
Market CapUS$20.07b

Price to Sales Ratio vs Peers

How does GRAB's PS Ratio compare to its peers?

The above table shows the PS ratio for GRAB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.5x
DIDI.Y DiDi Global
0.7x7.6%US$20.2b
LYFT Lyft
1.2x9.9%US$7.0b
CAR Avis Budget Group
0.3x1.8%US$3.6b
UBER Uber Technologies
3.8x12.1%US$172.1b
GRAB Grab Holdings
6.8x14.1%US$20.1b

Price-To-Sales vs Peers: GRAB is expensive based on its Price-To-Sales Ratio (6.8x) compared to the peer average (1.5x).


Price to Sales Ratio vs Industry

How does GRAB's PS Ratio compare vs other companies in the US Transportation Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
HTZ Hertz Global Holdings
0.2x1.7%US$1.92b
DSKE Daseke
0.2xn/aUS$391.76m
USX U.S. Xpress Enterprises
0.2x3.1%US$322.82m
BTOC Armlogi Holding
0.3x18.4%US$49.18m
GRAB 6.8xIndustry Avg. 1.1xNo. of Companies11PS01.22.43.64.86+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: GRAB is expensive based on its Price-To-Sales Ratio (6.8x) compared to the US Transportation industry average (1.1x).


Price to Sales Ratio vs Fair Ratio

What is GRAB's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GRAB PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.8x
Fair PS Ratio3x

Price-To-Sales vs Fair Ratio: GRAB is expensive based on its Price-To-Sales Ratio (6.8x) compared to the estimated Fair Price-To-Sales Ratio (3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GRAB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$4.90
US$5.76
+17.6%
11.1%US$8.00US$5.10n/a27
May ’26US$4.77
US$5.73
+20.1%
11.2%US$8.00US$5.10n/a27
Apr ’26US$4.55
US$5.77
+26.8%
11.5%US$8.00US$4.65n/a27
Mar ’26US$4.85
US$5.76
+18.8%
11.6%US$8.00US$4.65n/a27
Feb ’26US$4.58
US$5.58
+21.8%
11.1%US$8.00US$4.80n/a27
Jan ’26US$4.72
US$5.52
+17.0%
12.1%US$8.00US$4.23n/a28
Dec ’25US$5.00
US$5.40
+8.0%
13.8%US$8.00US$4.00n/a28
Nov ’25US$4.07
US$4.73
+16.2%
13.3%US$7.00US$3.90n/a28
Oct ’25US$3.79
US$4.65
+22.6%
14.5%US$7.00US$3.50n/a27
Sep ’25US$3.22
US$4.65
+44.3%
14.5%US$7.00US$3.50n/a27
Aug ’25US$3.24
US$4.75
+46.6%
13.8%US$7.00US$3.70n/a26
Jul ’25US$3.53
US$4.78
+35.3%
13.3%US$7.00US$4.00n/a26
Jun ’25US$3.67
US$4.78
+30.2%
13.3%US$7.00US$4.00n/a25
May ’25US$3.49
US$4.66
+33.6%
13.9%US$7.00US$3.80US$4.7727
Apr ’25US$3.19
US$4.65
+45.7%
14.0%US$7.00US$3.80US$4.5527
Mar ’25US$3.10
US$4.64
+49.8%
14.1%US$7.00US$3.80US$4.8526
Feb ’25US$3.13
US$4.72
+50.9%
13.9%US$7.00US$3.80US$4.5826
Jan ’25US$3.37
US$4.71
+39.6%
14.7%US$7.00US$3.15US$4.7226
Dec ’24US$3.07
US$4.73
+54.0%
14.9%US$7.00US$3.15US$5.0026
Nov ’24US$3.05
US$4.68
+53.5%
15.2%US$7.00US$3.10US$4.0725
Oct ’24US$3.54
US$4.71
+32.9%
14.9%US$7.00US$3.40US$3.7924
Sep ’24US$3.83
US$4.62
+20.7%
16.7%US$7.00US$3.15US$3.2225
Aug ’24US$3.80
US$4.27
+12.3%
14.3%US$5.40US$3.00US$3.2424
Jul ’24US$3.43
US$4.16
+21.4%
14.2%US$5.20US$3.00US$3.5324
Jun ’24US$2.98
US$4.21
+41.4%
16.3%US$5.50US$2.55US$3.6725
May ’24US$2.94
US$4.23
+43.7%
18.9%US$6.00US$2.65US$3.4926
AnalystConsensusTarget
Consensus Narrative from 27 Analysts
US$5.76
Fair Value
15.0% undervalued intrinsic discount
27
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/09 17:57
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Grab Holdings Limited is covered by 44 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nirgunan TiruchelvamAletheia Analyst Network Limited
Ishan MajumdarBaptista Research
Jiong ShaoBarclays