Added to YB: 2024-12-03
Pitch date: 2024-12-01
GRAB [bullish]
Grab Holdings Limited
+20.08%
current return
Author Info
No bio for this author
Company Info
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
Market Cap
$24.5B
Pitch Price
$5.05
Price Target
10.00 (+65%)
Dividend
N/A
EV/EBITDA
170.22
P/E
308.98
EV/Sales
6.21
Sector
Ground Transportation
Category
growth
Grab: Riding Profitability and Strategic Moats Toward a $10 Target
GRAB: SE Asian superapp (ride-hailing, food, payments) breaks out after 2+ years. Q3 GAAP profit $15M, raised EBITDA guidance 15%. 42M monthly users, $500M buyback. EV $14B, 17% growth. PT $10 by 2027. Founder-led, profitable, expanding margins. BofA downgrade questionable. Expect upgrades in 2025 if execution continues.
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