Grab Holdings Ltd. (GRAB) intrinsic value & 10-year financials
Grab Holdings Ltd. (GRAB) has a Graham intrinsic value of $1.99 per share. Over the last 8 fiscal years revenue grew 48.4% a year to $3.4B, with an average return on invested capital of 27.9%.
- Graham intrinsic value
- $1.99
- Revenue (FY2025)
- $3.4B
- Revenue growth (8-yr CAGR)
- 48.4%
- ROIC (10-yr avg)
- 27.9%
- Free cash flow (FY2025)
- -$18.0M
GRAB 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.4B | $200.0M | $0.06 | -$18.0M | 1.9% | 1.1% |
| FY2024 | $2.8B | -$158.0M | -$0.03 | $775.0M | -6.0% | -4.3% |
| FY2023 | $2.4B | -$485.0M | -$0.11 | $15.0M | -22.0% | -10.2% |
| FY2022 | $1.4B | -$1.7B | -$0.44 | -$856.0M | -95.8% | -24.4% |
| FY2021 | $675.0M | -$3.6B | -$0.00 | — | -230.4% | 103.2% |
| FY2020 | $469.0M | -$2.7B | -$0.00 | — | -276.8% | 15.8% |
| FY2019 | -$845.0M | -$4.0B | -$0.00 | — | 356.2% | 113.8% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Grab Holdings Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Grab Holdings Ltd returns on capital have been average, hovering around 13.5% ROIC over the decade.
Grab Holdings Ltd capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Grab Holdings Ltd is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.99 per share.