Friday 6 November 2026
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Grab Holdings Limited
GRAB Technology Software Application
Grab Holdings Limited’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 20.5% from fiscal 2024.
- Revenue
- +27.4%
- EPS
- −56.0%
- Free cash flow
- +108.4%
- Total debt
- −3.14%
Quarter to September 2026, against a year earlier
3.48
0.12
+3.57%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | (845) | 469 | 675 | 1,433 | 2,359 | 2,797 | 3,370 | 3,969 | n/m | 2,990 | 3,732 | 4,460 | +9.8% | |
| Gross margin, % | — | — | — | 256.21 | (105.33) | (58.52) | 5.37 | 36.46 | 41.97 | 43.20 | 44.39 | (213.0) pt | ||||||
| EBT | — | — | — | (3,981) | (2,743) | (3,552) | (1,734) | (466) | (95) | 269 | 524 | n/m | ||||||
| EBT margin, % | — | — | — | 471.12 | (584.86) | (526.22) | (121.00) | (19.75) | (3.40) | 7.98 | 13.20 | (463.1) pt | ||||||
| Net income | — | 0 | — | (3,981) | (2,743) | (3,552) | (1,734) | (466) | (95) | 269 | 523 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | (5.48) | 2.59 | 1.25 | 0.38 | 0.61 | 0.70 | 0.82 | 0.97 | n/m | |||||
| Earnings | — | — | — | (25.87) | (15.15) | (6.58) | (0.44) | (0.11) | (0.03) | 0.07 | 0.13 | n/m | ||||||
| Cash flow | — | — | — | (13.70) | (3.55) | (1.77) | (0.21) | 0.02 | 0.21 | 0.02 | 0.03 | n/m | ||||||
| Capex | — | — | — | (0.87) | 0.13 | (0.11) | (0.02) | (0.02) | (0.02) | (0.03) | (0.03) | (44.3%) | ||||||
| Free cash flow | — | — | — | (14.57) | (3.42) | (1.88) | (0.23) | 0.01 | 0.19 | (0.01) | 0.00 | (72.1%) | ||||||
| Book value | — | — | — | 0.00 | (34.74) | 14.85 | 1.75 | 1.66 | 1.59 | 1.65 | 1.78 | n/m | ||||||
| Shares, m | — | — | — | 154 | 181 | 540 | 3,814 | 3,895 | 3,995 | 4,092 | 4,088 | +72.7% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 71.29 | 25.89 | 10.2 | |||||
| P/S | — | — | — | 0.00 | 0.00 | 5.70 | 9.21 | 5.45 | 6.74 | 6.06 | 3.58 | 4.7 | ||||||
| P/B | — | — | — | 37,156.25 | 160.75 | 0.48 | 1.98 | 1.99 | 2.97 | 3.02 | 1.96 | 5,332.5 | ||||||
| EV/Sales | — | — | — | 0.00 | 0.00 | (3.27) | 6.61 | 3.65 | 4.86 | 4.65 | 2.67 | 2.4 | ||||||
| EV/FCF | — | — | — | 0.00 | 0.00 | 2.18 | (11.02) | 2,150.65 | 17.77 | (559.60) | (5,307.67) | 228.6 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (2,112) | (643) | (954) | (798) | 86 | 852 | 79 | 121 | n/m | |||||
| Capex | — | — | — | (134) | 23 | (60) | (62) | (64) | (87) | (107) | (123) | (3.7%) | ||||||
| Free cash flow | — | — | — | (2,246) | (620) | (1,014) | (860) | 22 | 765 | (28) | (2) | (51.8%) | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | 2,357 | 2,919 | 7,649 | 4,591 | 4,290 | 3,974 | 3,453 | 2,206 | +6.6% | |||||
| Net debt | — | — | — | 5,847 | (3,220) | (6,056) | (3,721) | (4,250) | (5,265) | (4,751) | (3,588) | n/m | ||||||
| Shareholders’ equity | — | — | — | — | (6,294) | 8,019 | 6,657 | 6,468 | 6,351 | 6,757 | 7,255 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | 0.00 | (95.85) | (41.50) | (16.54) | (4.83) | (1.16) | 2.52 | 4.59 | +2.5 pt | |||||
| ROIC | — | — | — | (32.17) | 0.00 | (49.51) | (29.23) | (14.62) | (9.67) | 2.03 | 3.43 | +34.2 pt | ||||||
| ROE | — | — | — | 0.00 | 49.28 | (399.88) | (22.94) | (6.61) | (1.64) | 4.09 | 8.53 | +4.1 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | 11,267 | 12,012 | — | +6.6% | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.28 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Grab Holdings Limited vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| FICO Fair Isaac Corporation | $15.3B | 20.4× | 19.2× | +25.68% (above 0%: growing) | +39.65% (above 0%: growing) | +34.07% (above 0%: growing) | 87.09% | 53.79% | Compare |
| MANH Manhattan Associates, Inc. | $14.8B | 71.0× | 68.4× | +11.02% (above 0%: growing) | +8.25% (above 0%: growing) | −22.46% (below 0%: shrinking) | 56.93% | 26.45% | Compare |
| DOCU Docusign Inc. | $14.8B | 47.3× | 45.2× | +9.38% (above 0%: growing) | +32.26% (above 0%: growing) | +35.89% (above 0%: growing) | 79.69% | 13.43% | Compare |
| GRAB Grab Holdings Limited | $14.2B | 25.9× | 19.3× | +27.38% (above 0%: growing) | −56.00% (below 0%: shrinking) | +108.44% (above 0%: growing) | 46.49% | 9.71% | |
| GWRE Guidewire Software, Inc. | $13.8B | 101× | 74.0× | +15.29% (above 0%: growing) | −38.71% (below 0%: shrinking) | +16.42% (above 0%: growing) | 65.60% | 15.16% | Compare |
| BSY Bentley Systems, Incorporated | $13.6B | 43.3× | 39.1× | +12.24% (above 0%: growing) | +61.11% (above 0%: growing) | −8.34% (below 0%: shrinking) | 82.93% | 29.09% | Compare |
| DT Dynatrace, Inc. | $12.5B | 79.3× | 70.5× | +17.43% (above 0%: growing) | +23.84% (above 0%: growing) | +29.38% (above 0%: growing) | 80.56% | 16.49% | Compare |
| PAYC Paycom Software, Inc. | $11.1B | 23.8× | 24.7× | +10.24% (above 0%: growing) | +52.79% (above 0%: growing) | +105.01% (above 0%: growing) | 0.00% | 36.01% | Compare |
| FIG Figma, Inc. | $9.8B | — (loss-making) | — (loss-making) | +42.76% (above 0%: growing) | n/m | −5.62% (below 0%: shrinking) | 80.33% | (30.44%) | Compare |
| Median of peers | $13.7B | 47.3× | 45.2× | +13.77% | +32.26% | +22.90% | 80.01% | 21.47% |
Grab Holdings Limited (GRAB) Latest News
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4 Nov
3 Nov
28 Oct
27 Oct
22 Oct
21 Oct
GRAB metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score