GRAB HOLDINGS LTD - CL A (GRAB) Stock Fundamental Analysis
USA - NASDAQ:GRAB - KYG4124C1096 - Common Stock
6.02 USD
-0.09 (-1.47%)
6.01 USD
-0.01 (-0.17%)
GRAB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 industry peers in the Ground Transportation industry. GRAB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. GRAB is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year GRAB was profitable.
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
The Return On Assets of GRAB (1.00%) is comparable to the rest of the industry.
GRAB's Return On Equity of 1.74% is in line compared to the rest of the industry. GRAB outperforms 40.48% of its industry peers.
GRAB has a Return On Invested Capital of 0.99%. This is comparable to the rest of the industry: GRAB outperforms 40.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1% | ||
| ROE | 1.74% | ||
| ROIC | 0.99% |
ROA(3y)-8.14%
ROA(5y)-20.64%
ROE(3y)-11.29%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GRAB's Profit Margin of 3.61% is in line compared to the rest of the industry. GRAB outperforms 59.52% of its industry peers.
The Operating Margin of GRAB (2.77%) is comparable to the rest of the industry.
Looking at the Gross Margin, with a value of 42.87%, GRAB is in line with its industry, outperforming 59.52% of the companies in the same industry.
In the last couple of years the Gross Margin of GRAB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.77% | ||
| PM (TTM) | 3.61% | ||
| GM | 42.87% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GRAB is destroying value.
GRAB has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, GRAB has more shares outstanding
GRAB has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.65, we must say that GRAB is in the distress zone and has some risk of bankruptcy.
GRAB has a Altman-Z score (1.65) which is comparable to the rest of the industry.
The Debt to FCF ratio of GRAB is 3.14, which is a good value as it means it would take GRAB, 3.14 years of fcf income to pay off all of its debts.
GRAB's Debt to FCF ratio of 3.14 is amongst the best of the industry. GRAB outperforms 88.10% of its industry peers.
GRAB has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
GRAB has a Debt to Equity ratio of 0.04. This is amongst the best in the industry. GRAB outperforms 90.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 3.14 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.11
WACC9.4%
2.3 Liquidity
GRAB has a Current Ratio of 1.88. This is a normal value and indicates that GRAB is financially healthy and should not expect problems in meeting its short term obligations.
GRAB has a Current ratio of 1.88. This is amongst the best in the industry. GRAB outperforms 85.71% of its industry peers.
A Quick Ratio of 1.87 indicates that GRAB should not have too much problems paying its short term obligations.
The Quick ratio of GRAB (1.87) is better than 88.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
GRAB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 180.00%, which is quite impressive.
Looking at the last year, GRAB shows a quite strong growth in Revenue. The Revenue has grown by 18.84% 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)180%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)18.84%
Revenue growth 3Y60.62%
Revenue growth 5YN/A
Sales Q2Q%23.34%
3.2 Future
The Earnings Per Share is expected to grow by 79.87% on average over the next years. This is a very strong growth
Based on estimates for the next years, GRAB will show a quite strong growth in Revenue. The Revenue will grow by 19.99% on average per year.
EPS Next Y308.79%
EPS Next 2Y169.1%
EPS Next 3Y114.05%
EPS Next 5Y79.87%
Revenue Next Year20.16%
Revenue Next 2Y19.83%
Revenue Next 3Y19.14%
Revenue Next 5Y19.99%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
GRAB is valuated quite expensively with a Price/Earnings ratio of 150.50.
Based on the Price/Earnings ratio, GRAB is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
GRAB's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.67.
GRAB is valuated quite expensively with a Price/Forward Earnings ratio of 57.43.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GRAB indicates a slightly more expensive valuation: GRAB is more expensive than 61.90% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, GRAB is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 150.5 | ||
| Fwd PE | 57.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GRAB is valued a bit more expensive than the industry average as 73.81% of the companies are valued more cheaply.
66.67% of the companies in the same industry are more expensive than GRAB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.29 | ||
| EV/EBITDA | 68.55 |
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.
A more expensive valuation may be justified as GRAB's earnings are expected to grow with 114.05% in the coming years.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y169.1%
EPS Next 3Y114.05%
5. Dividend
5.1 Amount
GRAB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.02
-0.09 (-1.47%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners52.31%
Inst Owner Change0.05%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap24.54B
Analysts83.23
Price Target6.21 (3.16%)
Short Float %7.08%
Short Ratio4.26
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)1
Avg EPS beat(2)42.6%
Min EPS beat(2)-10.87%
Max EPS beat(2)96.08%
EPS beat(4)3
Avg EPS beat(4)172.49%
Min EPS beat(4)-10.87%
Max EPS beat(4)345.1%
EPS beat(8)5
Avg EPS beat(8)-3.81%
EPS beat(12)8
Avg EPS beat(12)0.55%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.94%
Min Revenue beat(2)-1.03%
Max Revenue beat(2)-0.85%
Revenue beat(4)1
Avg Revenue beat(4)-0.43%
Min Revenue beat(4)-1.13%
Max Revenue beat(4)1.31%
Revenue beat(8)3
Avg Revenue beat(8)-0.3%
Revenue beat(12)7
Avg Revenue beat(12)2.75%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)4.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.02%
EPS NY rev (1m)0.47%
EPS NY rev (3m)5.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 150.5 | ||
| Fwd PE | 57.43 | ||
| P/S | 7.99 | ||
| P/FCF | 40.29 | ||
| P/OCF | 33.75 | ||
| P/B | 3.86 | ||
| P/tB | 4.61 | ||
| EV/EBITDA | 68.55 |
EPS(TTM)0.04
EY0.66%
EPS(NY)0.1
Fwd EY1.74%
FCF(TTM)0.15
FCFY2.48%
OCF(TTM)0.18
OCFY2.96%
SpS0.75
BVpS1.56
TBVpS1.31
PEG (NY)0.49
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1% | ||
| ROE | 1.74% | ||
| ROCE | 1.25% | ||
| ROIC | 0.99% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 2.77% | ||
| PM (TTM) | 3.61% | ||
| GM | 42.87% | ||
| FCFM | 19.82% |
ROA(3y)-8.14%
ROA(5y)-20.64%
ROE(3y)-11.29%
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-Score6
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 3.14 | ||
| Debt/EBITDA | 1.18 | ||
| Cap/Depr | 76.62% | ||
| Cap/Sales | 3.84% | ||
| Interest Coverage | 2.93 | ||
| Cash Conversion | 304.18% | ||
| Profit Quality | 548.65% | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.87 | ||
| Altman-Z | 1.65 |
F-Score6
WACC9.4%
ROIC/WACC0.11
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)180%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
EPS Next Y308.79%
EPS Next 2Y169.1%
EPS Next 3Y114.05%
EPS Next 5Y79.87%
Revenue 1Y (TTM)18.84%
Revenue growth 3Y60.62%
Revenue growth 5YN/A
Sales Q2Q%23.34%
Revenue Next Year20.16%
Revenue Next 2Y19.83%
Revenue Next 3Y19.14%
Revenue Next 5Y19.99%
EBIT growth 1Y146.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year390.82%
EBIT Next 3Y103.15%
EBIT Next 5Y65.98%
FCF growth 1Y258.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y342.33%
OCF growth 3YN/A
OCF growth 5YN/A