| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 43 | 20.4x | 17.3x | Around median | |
Growth | 93 | 21.5% | 7.1% | Top tier | |
Quality | 38 | 1.3% | 4.5% | Bottom tier | |
Safety | 48 | — | 2.6x | Around median | |
Capital Return | 45 | 0.00% | 0.06% | Around median | |
Momentum | 8 | -44.7% | -1.6% | Bottom tier | |
Sentiment | 90 | 5 | 3 | Top tier |
The floor: what the company is worth if growth stopped today
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Grab operates an integrated digital platform across eight Southeast Asian markets and generates revenue from mobility, food and grocery delivery, and financial services. Its model is based on increasing users and transactions, then deepening their use of multiple services within the ecosystem; monthly transacting users reached a record 54 million in Q2 FY 2026, while on-demand services gross merchandise value reached $6.5 billion, up 21% year over year, or 22% on a constant-currency basis.
In Q2 FY 2026, adjusted EBITDA rose 54% year over year to a record $168 million, and its margin expanded from 13.3% to 16.9% of revenue, marking the eighteenth consecutive quarter of growth. Earnings per share reached $0.06 versus expectations of $0.01, while deliveries grew 24% on a constant-currency basis and mobility grew 18%, as financial services moved toward achieving adjusted profitability in the second half of FY 2026.
FY 2025 results confirm that the quarterly improvement rests on a broader financial transformation: revenue increased to $3.4 billion from $2.8 billion in FY 2024, and gross profit rose to $1.5 billion from $1.2 billion. Net income shifted from a loss of $158 million in FY 2024 to a profit of $200 million in FY 2025, with earnings per share improving from a loss of $0.03 to a profit of $0.06.
Analyst consensus rates GRAB shares as a Buy, with an average price target of $5.95 and a range of $5 to $7; the average is below the 52-week range high of $6.62, while the highest target exceeds that high. No displayed price-to-earnings ratio is available to rely on, so the available valuation framework depends on the breadth of the 52-week range between $3.18 and $6.62, the sustainability of the shift in net income to a profit of $200 million in FY 2025, and the achievement of FY 2026 guidance.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Adjusted EBITDA reached $168 million, up 54% year over year, and its margin expanded from 13.3% to 16.9% of revenue. On-demand services gross merchandise value grew 21% to $6.5 billion, and monthly transacting users reached 54 million. Earnings per share also reached $0.06, exceeding expectations of $0.01.
Grab recorded net income of $200 million and earnings per share of $0.06 in FY 2025, compared with a net loss of $158 million and a loss per share of $0.03 in FY 2024. In Q2 FY 2026, it recorded adjusted EBITDA of $168 million for the eighteenth consecutive quarter of growth. However, financial services were still targeting adjusted profitability in the second half of FY 2026, meaning the improvement was not uniform across all segments.
Grab consolidated Superbank’s results in May 2026, and the bank served more than 7.4 million customers after achieving full-year profitability in FY 2025. The company completed the acquisition of Stash in July 2026, adding a profitable platform that manages $5.5 billion in assets and has more than one million active subscribers. Management targets a combined loan portfolio exceeding $3 billion by the end of FY 2026 and financial services profitability in the second half of the year.
Automated analysis for informational purposes only — not investment advice.
GrabMart’s user count grew 42% year over year in Q2 FY 2026, and its gross merchandise value increased at 1.7 times the growth rate of food delivery. However, GrabMart users still represent about 14% of the food user base, leaving room for expansion within the existing ecosystem. Grab relies on Jaya Grocer, Everrise, major retailer partnerships, and Grab Shopping Agent to build shopping baskets and increase purchase frequency.
Higher fuel prices since March 2026 led to the allocation of $7 million for driver support programs and increased partner incentives in markets including the Philippines, Thailand, Singapore, and Vietnam. Although trips grew 28% year over year, mobility revenue increased only 12% because of a lower average trip value and the expansion of economy products, while the margin reached 8.6%. In Indonesia, the two-wheeled taxi business, which represents 6% of mobility gross merchandise value, is subject to a commission structure implemented in July 2026.
The average analyst price target is $5.95, with a low target of $5 and a high target of $7, and an overall consensus rating of Buy. The average target is below the 52-week range high of $6.62, while the highest target exceeds that high, reflecting differing assessments of the potential improvement. No displayed price-to-earnings ratio is available, so FY 2025 results, FY 2026 guidance, and the pace of margin expansion remain the primary available valuation pillars.