Stock fact sheet · data as of
Grab Holdings Limited (GRAB): fair value, margin of safety and Wheel Score
Technology · Software - Application · Singapore · High Growth
Is GRAB undervalued?
Grab Holdings Limited (GRAB) closed at 3.00 on 16 Oct 2026, 16% above the GLS average fair value of 2.59. Only 1 of the 6 models that produced a number value the shares above the current price. The margin of safety is negative, so the stock fails the "below fair value" rule of the Sunday Scan; a premium of this size is common for companies whose growth the models are conservative about.
The 6 models disagree widely: 10 Cap gives 0.1720 while GLS Growth gives 7.69. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files GRAB under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for GRAB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 2.33 | -22% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 2.87 | -4% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.8487 | -72% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 7.69 | +156% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 0.1720 | -94% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 1.62 | -46% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.7183 | -76% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 6.16 | +105% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: GRAB passes 4 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 3.7 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC 3.1%, ROE 4.0%, ROA 2.2% - with debt at 0.31 times equity and negative free cash flow.
Grab Holdings Limited pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Deliveries 54%, Mobility 36%, Financial Services 10% (fiscal year FY2025).
Institutional ownership scores 9/10, insider activity 8/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 21 Sep 2026.
| Piotroski F-score | 4 / 9 | ROIC | 3.1% |
|---|---|---|---|
| GLS Moat | 3.7 / 10 | ROE | 4.0% |
| Debt / equity | 0.31 | ROA | 2.2% |
| Free-cash-flow yield | -0.6% | Payout ratio | 0% |
| Institutions | 9 / 10 | Insiders · Congress | 8 · 5 / 10 |
Wheel Score 60: Fair
GRAB scores 60 out of 100 on the Wheel Score (Fair band, 50-64): a usable but unremarkable fit for the wheel strategy. The parts: Value 6/25, Health 9/20, Moat 6/15, Premium 20/20, Stability 20/20. Value (6/25) is where the points are missing.
Implied volatility is 54% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 2,302,065 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 57.6M shares a day on a market cap of $11.9B, with a beta of 0.91; the Stability part of the Wheel Score gives that 20 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 6 / 25 | -16% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 6 / 15 | moat 3.7/10 | |
| Premium | 20 / 20 | implied volatility 54% | |
| Stability | 20 / 20 | 57.6M shares/day, $11.9B cap, beta 0.91 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 3 Nov 2026 (before the open), 18 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to Grab Holdings Limited by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HUBS HubSpot, Inc. | 238.87 | 143.81 | -66% | 57Fair | $12.2B |
| FROG JFrog Ltd. | 94.54 | 19.42 | -387% | 45Weak | $11.5B |
| CHYM Chime Financial, Inc. Class A Common Stock | 29.96 | 17.23 | -74% | 45Weak | $11.3B |
| FIG Figma, Inc. | 22.99 | 9.99 | -130% | 45Weak | $11.2B |
| AUR Aurora Innovation, Inc. | 5.40 | 0.0358 | -15005% | 37Weak | $10.8B |
| PAYC Paycom Software, Inc. | 239.00 | 241.50 | +1% | 76Good | $10.8B |
| MANH Manhattan Associates, Inc. | 226.96 | 112.69 | -101% | 64Fair | $13.2B |
| BSY Bentley Systems, Incorporated | 36.23 | 27.56 | -31% | 72Good | $10.5B |
| ESTC Elastic N.V. | 97.24 | 93.55 | -4% | 70Good | $10.2B |
| TYL Tyler Technologies, Inc. | 350.11 | 266.33 | -31% | 67Good | $14.3B |
| GWRE Guidewire Software, Inc. | 175.77 | 71.34 | -146% | 65Good | $14.4B |
| DOCU DocuSign, Inc. | 77.52 | 73.27 | -6% | 75Good | $14.5B |
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about GRAB
Is GRAB undervalued right now?
No: at 3.00 the stock trades 16% above the GLS average fair value of 2.59 (data as of 16 Oct 2026). The margin of safety is negative.
What is the Wheel Score of GRAB and what does it mean?
GRAB scores 60 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for GRAB?
2.59 per share as of 16 Oct 2026 - the simple average of the 6 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Grab Holdings Limited report earnings next?
The next earnings report is due on 3 Nov 2026 (before the open), 18 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does GRAB have listed options, and how liquid are they?
Yes. The nightly snapshot found 326 listed contracts with 2,302,065 open interest across all expiries and implied volatility of 54% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.