GRAB HOLDINGS LTD - CL A (GRAB) Stock Fundamental Analysis
NASDAQ:GRAB - Nasdaq - KYG4124C1096 - Common Stock - Currency: USD
GRAB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 39 industry peers in the Ground Transportation industry. No worries on liquidiy or solvency for GRAB as it has an excellent financial health rating, but there are worries on the profitability. GRAB is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GRAB had negative earnings in the past year.
In the past year GRAB had a positive cash flow from operations.
GRAB had negative earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: GRAB reported negative operating cash flow in multiple years.
1.2 Ratios
GRAB's Return On Assets of -1.12% is on the low side compared to the rest of the industry. GRAB is outperformed by 73.68% of its industry peers.
Looking at the Return On Equity, with a value of -1.63%, GRAB is doing worse than 71.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.12% | ||
| ROE | -1.63% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 41.97%, GRAB is in line with its industry, outperforming 55.26% of the companies in the same industry.
GRAB's Gross Margin has declined in the last couple of years.
GRAB does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 41.97% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-30.36%
2. Health
2.1 Basic Checks
GRAB does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for GRAB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 2.26 indicates that GRAB is not a great score, but indicates only limited risk for bankruptcy at the moment.
GRAB's Altman-Z score of 2.26 is in line compared to the rest of the industry. GRAB outperforms 47.37% of its industry peers.
GRAB has a debt to FCF ratio of 0.49. This is a very positive value and a sign of high solvency as it would only need 0.49 years to pay back of all of its debts.
GRAB has a better Debt to FCF ratio (0.49) than 94.74% of its industry peers.
A Debt/Equity ratio of 0.04 indicates that GRAB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.04, GRAB belongs to the top of the industry, outperforming 86.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.49 | ||
| Altman-Z | 2.26 |
ROIC/WACCN/A
WACC9.4%
2.3 Liquidity
GRAB has a Current Ratio of 2.53. This indicates that GRAB is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.53, GRAB belongs to the best of the industry, outperforming 97.37% of the companies in the same industry.
A Quick Ratio of 2.51 indicates that GRAB has no problem at all paying its short term obligations.
GRAB has a Quick ratio of 2.51. This is amongst the best in the industry. GRAB outperforms 97.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.53 | ||
| Quick Ratio | 2.51 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 80.00% over the past year.
Looking at the last year, GRAB shows a quite strong growth in Revenue. The Revenue has grown by 18.52% in the last year.
GRAB shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 60.62% yearly.
EPS 1Y (TTM)80%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)18.52%
Revenue growth 3Y60.62%
Revenue growth 5YN/A
Sales Q2Q%17%
3.2 Future
GRAB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 87.07% yearly.
Based on estimates for the next years, GRAB will show a quite strong growth in Revenue. The Revenue will grow by 17.71% on average per year.
EPS Next Y305.94%
EPS Next 2Y162.4%
EPS Next 3Y133.37%
EPS Next 5Y87.07%
Revenue Next Year20.47%
Revenue Next 2Y18.65%
Revenue Next 3Y21.77%
Revenue Next 5Y17.71%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for GRAB. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 114.84, the valuation of GRAB can be described as expensive.
GRAB's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. GRAB is more expensive than 71.05% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.44, GRAB is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 114.84 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GRAB is valued more expensive than 81.58% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GRAB is valued a bit cheaper than 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.78 | ||
| EV/EBITDA | 131.83 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GRAB's earnings are expected to grow with 133.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y162.4%
EPS Next 3Y133.37%
5. Dividend
5.1 Amount
No dividends for GRAB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.73
-0.12 (-2.47%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners49.36%
Inst Owner Change49.01%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap19.05B
Analysts82.58
Price Target5.66 (19.66%)
Short Float %4.73%
Short Ratio4.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)302.39%
Min EPS beat(2)259.67%
Max EPS beat(2)345.1%
EPS beat(4)2
Avg EPS beat(4)-75.21%
Min EPS beat(4)-880.39%
Max EPS beat(4)345.1%
EPS beat(8)6
Avg EPS beat(8)-8.13%
EPS beat(12)8
Avg EPS beat(12)-10.28%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.09%
Min Revenue beat(2)-1.13%
Max Revenue beat(2)1.31%
Revenue beat(4)1
Avg Revenue beat(4)-0.87%
Min Revenue beat(4)-3.31%
Max Revenue beat(4)1.31%
Revenue beat(8)5
Avg Revenue beat(8)0.78%
Revenue beat(12)9
Avg Revenue beat(12)9.41%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.15%
PT rev (3m)3.38%
EPS NQ rev (1m)-26.9%
EPS NQ rev (3m)95%
EPS NY rev (1m)-6.31%
EPS NY rev (3m)-8.35%
Revenue NQ rev (1m)-2.75%
Revenue NQ rev (3m)-7.84%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 114.84 | ||
| P/S | 6.81 | ||
| P/FCF | 25.78 | ||
| P/OCF | 22.36 | ||
| P/B | 2.98 | ||
| P/tB | 3.51 | ||
| EV/EBITDA | 131.83 |
EPS(TTM)-0.02
EYN/A
EPS(NY)0.04
Fwd EY0.87%
FCF(TTM)0.18
FCFY3.88%
OCF(TTM)0.21
OCFY4.47%
SpS0.69
BVpS1.59
TBVpS1.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.12% | ||
| ROE | -1.63% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 41.97% | ||
| FCFM | 26.42% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-30.36%
F-Score7
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.49 | ||
| Debt/EBITDA | 2.74 | ||
| Cap/Depr | 76.87% | ||
| Cap/Sales | 4.04% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 968.18% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.53 | ||
| Quick Ratio | 2.51 | ||
| Altman-Z | 2.26 |
F-Score7
WACC9.4%
ROIC/WACCN/A
Cap/Depr(3y)63.22%
Cap/Depr(5y)44.93%
Cap/Sales(3y)4.37%
Cap/Sales(5y)6.85%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)80%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y305.94%
EPS Next 2Y162.4%
EPS Next 3Y133.37%
EPS Next 5Y87.07%
Revenue 1Y (TTM)18.52%
Revenue growth 3Y60.62%
Revenue growth 5YN/A
Sales Q2Q%17%
Revenue Next Year20.47%
Revenue Next 2Y18.65%
Revenue Next 3Y21.77%
Revenue Next 5Y17.71%
EBIT growth 1Y84.91%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year404.65%
EBIT Next 3Y96.71%
EBIT Next 5Y65.98%
FCF growth 1Y12416.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y890.7%
OCF growth 3YN/A
OCF growth 5YN/A