Grab Holdings Overview of Financials and Market Analysis

Grab Holdings is a leading ride-hailing and food delivery company in Southeast Asia. It has a strong presence in several countries, including Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.

The company's financials are impressive, with a net loss of $1.3 billion in 2020, but a revenue growth of 111% year-over-year. Its gross merchandise value (GMV) has also seen significant growth, reaching $19.1 billion in 2020.

Grab Holdings went public in December 2021, listing on the Nasdaq stock exchange under the ticker symbol "GRAB". The company raised $4.5 billion in its initial public offering (IPO), valuing it at $40 billion.

Grab Holdings has reported a significant increase in deliveries, with a total of 1.49 billion deliveries in 2024, up from 5 million in 2020.

The company's revenue has also seen a substantial growth, reaching $3.07 billion in 2024, a notable increase from the previous years.

Grab's profitability is a mixed bag, with a profit margin of 3.61% and a return on assets (ROA) of -0.25%. However, the return on equity (ROE) is a more positive 0.88%.

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The company's financial health is reflected in its balance sheet, which shows a total cash of $7.35 billion and a total debt/equity ratio of 30.07% as of the most recent quarter.

Grab's earnings are forecast to grow by 37.61% per year, indicating a promising future for the company.

Here's a breakdown of Grab's sales by activity:

Grab's geographical breakdown of sales shows a strong presence in Southeast Asia, with Malaysia, Singapore, and Indonesia being the top contributors to the company's revenue.

Grab Holdings has seen significant growth in its shareholder returns. Over the past year, GRAB's returns have been impressive, with a 73.8% increase.

Here's a comparison of GRAB's returns to the US Transportation industry and the US Market:

GRAB has exceeded the US Transportation industry's returns and the US Market's returns over the past year, indicating strong performance.

Grab Holdings Limited has been a standout performer, exceeding the US Transportation industry's return of 9.7% over the past year.

The company's impressive growth can be seen in its 7-day return of 7.8%, outpacing the US Transportation industry's 0.3% return.

Over the past year, Grab's return of 73.8% is a significant beat, especially when compared to the US Market's 17.8% return.

Let's take a look at the top shareholder, Anthony Tan, who holds a substantial 91.78% stake in the company, valued at $596 million.

Here's a breakdown of Grab's shareholder returns compared to the US Transportation and US Market:

Analysts are overwhelmingly bullish on the stock, with an average price target of $125.

Many experts believe the company's innovative technology and strong market presence will drive future growth.

The consensus recommendation is to "buy" the stock, with 9 out of 10 analysts supporting this view.

A recent survey found that 85% of analysts expect the company's revenue to increase by at least 20% in the next quarter.

One analyst notes that the company's competitive advantage is its ability to adapt quickly to changing market conditions.

The stock has been upgraded to a "strong buy" by several top analysts, citing its potential for long-term growth.

Analysts are also impressed by the company's commitment to sustainability and social responsibility.

The company's strong financials, including a debt-to-equity ratio of 0.2, are another reason analysts are optimistic about its future prospects.

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Grab, a leading ride-sharing and food delivery company in Southeast Asia, was founded in 2012. It provides services in eight Southeast-Asian countries through its mobile platform.

Grab's business model involves partnering with merchants and riders, connecting them with consumers while charging commission to both sides. This approach has enabled the company to maintain a leading market share in the region.

Grab derives 89% of its revenue from its core businesses, ride-sharing and food delivery. This highlights the significance of these services in the company's overall revenue.

In 2024, Singapore, Indonesia, and Malaysia contributed more than 70% of Grab's revenue. This suggests that these countries are crucial to the company's financial performance.

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Grab's main competitors in Southeast Asia are Line Man and Goto. These companies offer similar services, making them a significant threat to Grab's market share.

Grab's financial services business is still in its nascent stage and provides minimal revenue currently. However, the company now also generates advertising revenue.

Here are Grab's key statistics:

Grab Holdings has a significant market presence, with a market capitalization of $24.66 billion and an enterprise value of $19.60 billion. This valuation puts the company in a strong position for growth and expansion.

Grab has secured funding from various prominent investors, including Japan's Softbank Group, MUFG, Booking Holdings, Toyota, and Microsoft. These investments have totaled billions of dollars, with the company completing Series A through Series H funding.

One notable funding milestone occurred in January 2021, when Grab Financial Group raised over $300 million from South Korea's Hanwha Asset Management. This influx of capital will likely support the company's ongoing financial services initiatives.

Valuation Measures play a crucial role in determining a company's worth. Market Cap is a significant indicator, currently standing at 24.66B.

The Enterprise Value is another important metric, currently at 19.60B. This value takes into account the company's debt and cash, providing a more comprehensive picture.

The Trailing P/E ratio is a useful measure of a company's stock performance, currently at 302.50. This ratio shows how much investors are willing to pay for each dollar of earnings.

The Forward P/E ratio, on the other hand, looks at the expected earnings, currently at 53.19. This ratio helps investors gauge the company's future growth prospects.

Let's take a closer look at these valuation measures in the following table:

The PEG Ratio, which takes into account the growth rate, is currently not available. However, the Price/Sales ratio is at 8.12, providing insight into the company's stock price relative to its revenue.

The Price/Book ratio is another important metric, currently at 3.88. This ratio helps investors compare the company's stock price to its book value.

Enterprise Value/Revenue and Enterprise Value/EBITDA are also useful metrics, currently at 6.38 and 77.18 respectively.

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Grab's investors are a diverse group, including venture and hedge funds, automobile companies, and other ride-hailing firms. This diverse range of investors has helped Grab secure billions of dollars in funding.

Grab has completed Series A through Series H funding, which is a significant milestone for any company. This level of funding indicates that Grab has a strong business model and a clear vision for the future.

Japan's Softbank Group and MUFG, as well as Booking Holdings, Toyota, and Microsoft, are all major investors in Grab. These companies have a deep understanding of the ride-hailing industry and have likely provided valuable insights to Grab's leadership.

In January 2021, Grab Financial Group, the company's financial services unit, raised more than $300 million from South Korea's Hanwha Asset Management. This funding will likely be used to further develop Grab's financial services offerings and expand its reach in the region.

As of October 8, 2025, Grab's trailing total returns may include dividends or other distributions, and its benchmark is the S&P 500.

Grab's current share price is US$6.36, which is a 22.54% increase over the past month and a 73.77% increase over the past year.

Here's a summary of Grab's price history and performance over the past year:

In terms of volatility, Grab's weekly movement has been stable at 5.4% over the past year, which is slightly lower than the transportation industry average of 6.7% and the market average of 6.4%.

In this section, we'll take a closer look at risk analysis. No risks detected for GRAB from our risk checks. This is a crucial aspect of any business, as it helps identify potential threats and mitigate them before they become major issues.

A thorough risk analysis can save a company a significant amount of time and resources in the long run. No risks detected for GRAB from our risk checks.

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Grab's price volatility is a key factor to consider when evaluating its risk and performance. The company's price has been relatively stable in the past 3 months, with an average weekly movement of 5.4%, which is lower than the US market's average movement of 6.4%.

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Compared to the transportation industry, Grab's price volatility is also relatively low, with an average weekly movement of 5.4% compared to 6.7%. This suggests that Grab's price is less prone to sudden fluctuations.

However, it's worth noting that Grab's price can still be volatile at times, with a 1 month change of 22.54% and a 1 year change of 73.77%. This means that investors should be prepared for potential price swings.

Here's a comparison of Grab's price volatility with other stocks in the US market:

Overall, while Grab's price volatility is not extremely high, it's still important for investors to be aware of the potential for price fluctuations.

Grab Holdings Limited is led by a strong management team, with Anthony Tan serving as the CEO since 2011-12-31. He holds a significant amount of equity in the company, with 91.78% of shares.

Anthony Tan's leadership has been instrumental in driving the company's growth, with Grab exceeding the US Transportation industry's return of 9.7% over the past year. The company's shareholder returns are impressive, with a 1-year return of 73.8%.

The Executive Committee is composed of experienced professionals, including Peter Oey, Director of Finance/CFO, and Suthen Paradatheth, Chief Tech/Sci/R&D Officer.

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The Executive Committee at Grab Holdings Limited is responsible for guiding the company's direction and strategy. Anthony Tan serves as the CEO, having taken on the role in 2011.

Anthony Tan, 43, has been leading Grab since 2011. Peter Oey, 55, is the Director of Finance/CFO, a position he has held since 2020.

The President at Grab is Alexander Hungate, who is 59 years old. Suthen Paradatheth, 44, is the Chief Technology/Science/R&D Officer, having joined the company in 2022.

The Executive Committee members are:

The Board of Directors at Grab Holdings Limited is made up of seven members, each bringing their unique expertise and experience to the table.

Anthony Tan serves as the Chairman, a position he has held since December 31, 2011.

John Rogers, Dara Khosrowshahi, Shin Ein Ng, Peter Oey, Ho-Young Yun, and Cheryl Goh Ching Ling all serve as Directors/Board Members.

These individuals have diverse backgrounds and ages, ranging from 43 to 68 years old.

Here's a breakdown of the Board of Directors composition:

Meet the major shareholder of Grab Holdings Limited, Anthony Tan, who owns an impressive 91.78% of the company's equities.

Anthony Tan's significant stake in the company is reflected in his ownership of 119,498,676 shares.

The valuation of these shares amounts to a substantial $596 million.

Grab Holdings Limited is owned by a single major shareholder, Anthony Tan.

This level of ownership concentration is not uncommon in the tech industry, where visionary founders often hold significant sway over their companies.

The majority ownership by Anthony Tan likely gives him considerable influence over the company's direction and decision-making processes.

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Grab Holdings has some notable competitors in the market. Grab Holdings is a public company, as indicated by its entity type.

One of its competitors, Domino's Pizza Inc, is also a public company based in the United States of America. Domino's Pizza Inc has a significant number of employees, with 10,700 as of the latest count.

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Grab Holdings, on the other hand, has a larger workforce, with 11,267 employees. The company is headquartered in Singapore, which is also the case for ComfortDelGro Corp Ltd.

Here's a comparison of Grab Holdings and its competitors in terms of their headquarters location:

Let's take a closer look at the competitors of Grab Holdings Ltd. Grab's headquarters is located in Singapore, which is also the case for ComfortDelGro Corp Ltd. On the other hand, Domino's Pizza Inc is based in the United States of America, specifically in Ann Arbor, Michigan.

Grab has a significantly larger workforce, with 11,267 employees, compared to the 2,158 employees of Roofoods Limited. In contrast, ComfortDelGro Corp Ltd has a much larger workforce, with 24,535 employees.

Here's a breakdown of the competitors' key parameters:

The entity type of Grab Holdings Ltd is Public, which is also the case for Domino's Pizza Inc and ComfortDelGro Corp Ltd. In contrast, Roofoods Limited is a Private entity.

Sales by Geography is a key aspect of understanding the competitive landscape of the market. Grab Holdings Limited's sales figures provide valuable insights into the company's performance across different regions.

Malaysia is a significant market for Grab, with sales figures increasing from 91M in 2020 to 816M in 2024. The company's sales in the country have grown steadily over the years, indicating a strong presence in the market.

Indonesia is another crucial market for Grab, with sales figures increasing from 275M in 2022 to 643M in 2024. The company's entry into the Indonesian market was marked by a significant increase in sales, indicating a strong potential for growth.

Singapore is a mature market for Grab, with sales figures ranging from 246M in 2020 to 578M in 2024. The company's sales in the country have shown a steady increase, indicating a strong customer base.

The Philippines and Thailand are emerging markets for Grab, with sales figures increasing from 125M and 109M in 2022, respectively, to 265M and 252M in 2024, respectively. The company's entry into these markets has been marked by a significant increase in sales, indicating a strong potential for growth.

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Vietnam is a significant market for Grab, with sales figures increasing from 228M in 2024. The company's entry into the Vietnamese market has been marked by a significant increase in sales, indicating a strong potential for growth.

The Rest of Southeast Asia region is a smaller but growing market for Grab, with sales figures decreasing from 196M in 2023 to 15M in 2024. The company's sales in this region have been affected by the decline of the rest of the region's sales in 2024.

Here is a breakdown of Grab's sales figures by geography:

Grab Holdings has faced various regulatory challenges in different countries, particularly in Southeast Asia. The company was fully legalised in the Philippines after being accredited as a Transportation Network Company (TNC) by the Land Transportation Franchising and Regulatory Board (LTFRB) in 2015.

In Thailand, Grab's motorbike taxi services were suspended in 2016 due to claims that they were breaking local rules. The services were later allowed to operate legally in 2021 after the Thai government approved a draft ministerial regulation.

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Grab faced a similar situation in Singapore, where laws were passed in February 2017 to legalise the service. A new regulation was introduced by the Land Transport Authority (LTA) requiring private hire cars to have a Private Hire Car Driver's Vocational Licence (PDVL).

In Malaysia, the government tabled amendments to existing transport laws in April 2017 to regulate transport application services. The amendments were passed by the Parliament of Malaysia in July 2017, directly legalising Grab and Uber services in the country.

Grab's operations in Vietnam were reviewed by the Ministry of Transport in 2017 to ensure a fair business environment. A draft circular was submitted in early 2018 that includes regulations for passenger transport through software like Grab.

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Grab Holdings has a community-driven approach to its stock valuation, allowing users to see what others think the stock is worth. 331 others have already shared their fair value estimates.

You can follow their estimates or set your own to get alerts when the stock's value changes. This feature helps users stay informed and make more informed investment decisions.

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Grab's Public Listings & Partnerships have been making waves in the industry.

The company made its debut on Nasdaq in December 2021 following a SPAC with Altimeter Growth Corp.

Grab partnered with Grab at the beginning of 2021 to expand in Southeast Asia.

Grab also partnered with Grab in March 2021 to deliver everyday goods such as food and cosmetics to customers in Southeast Asia through a partnership with the Don Quijote discount store chain.

GrabPay formed a partnership with Stripe in May 2021 to include GrabPay Wallet as a payment option.

Grab expanded its buy now, pay later deferred payment options through a partnership with Adyen in July 2021.

Grab partnered with McDonald's in Singapore in November 2021 to integrate GrabExpress, GrabPay and GrabRewards with the restaurant's online and in-store ordering.

Here are some of Grab's notable partnerships:

Grab Holdings is a company that has been making waves in the market with its impressive growth. Its current share price is US$6.36, with a 52-week high of US$6.62 and a 52-week low of US$3.36.

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The company's beta is 0.89, indicating a relatively stable stock. In the past year, its stock has gained a whopping 73.77%. Over the past three years, its stock has increased by 156.45%.

Grab Holdings' performance is impressive, with a 37.61% forecasted annual growth rate in earnings. However, its valuation score is only 2 out of 6, suggesting that the company may be overvalued.

Here's a breakdown of Grab Holdings' fundamental analysis scores:

The company's financial health is a strong point, with a score of 5 out of 6. However, its dividend score is zero, indicating that it does not pay dividends to its shareholders.

Community Fair Values are a great way to get a sense of what others think a stock is worth. 331 others have already shared their fair value estimates for this stock.

You can see exactly what they think by following their fair value or setting your own. This way, you'll get alerts when the stock's price moves closer to their estimated value.

The market cap of this stock is a significant 24.66 billion dollars, giving you an idea of its size and scope.

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