GRAB
Grab Holdings Limited
GRAB's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over GRAB overall, supported by stronger valuation and stronger fundamentals.
GRAB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Healthy |
GRAB's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is under pressure.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
GRAB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 22x | $3.24 | — |
| Current | 23x | $3.24 | — |
| Cheap | 38x | $5.39 | +66% |
| Fair | 63x | $8.83 | +173% |
| Expensive | 251x | $35.19 | +986% |
Historical ranges are pointers, not guarantees.
GRAB has the edge over MU in the historical PE scenario, which offers more potential upside but is not a forecast.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
GRAB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for GRAB, with profitability improving.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
GRAB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | +4.6% |
| Q2 2026 | $0.14 | +367% |
| Q1 2026 | $0.09 | +800% |
| Q4 2025 | $0.07 | +$0.10 |
| Q3 2025 | $0.03 | +$0.06 |
| Q2 2025 | $0.03 | +$0.08 |
| Q1 2025 | $0.01 | +$0.08 |
| Q4 2024 | -$0.03 | +$0.07 |
| Q3 2024 | -$0.03 | +$0.18 |
GRAB's earnings per share have climbed steadily: $0.14 over the past year, about five times what it earned the year before, and higher year over year every quarter since late 2022. Its recent earnings include one-off gains.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU's earnings per share have climbed steadily: $74.33 over the past year, about 10 times what it earned the year before, and higher year over year for 10 quarters in a row.
GRAB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $997M | +22% |
| Q1 2026 | $955M | +24% |
| Q4 2025 | $906M | +19% |
| Q3 2025 | $873M | +22% |
| Q2 2025 | $819M | +23% |
| Q1 2025 | $773M | +18% |
| Q4 2024 | $764M | +17% |
| Q3 2024 | $716M | +16% |
GRAB's revenue has grown year over year for 18 quarters in a row: $997M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 1.9% | -2.8 points |
| Q1 2026 | 7.8% | +5.9 points |
| Q4 2025 | 11% | +9.6 points |
| Q3 2025 | 7.7% | +13 points |
| Q2 2025 | 4.8% | +13 points |
| Q1 2025 | 1.8% | +13 points |
| Q4 2024 | 1.2% | +8.1 points |
| Q3 2024 | -5.3% | +9.8 points |
GRAB's operating margin was 1.9% last quarter, down 2.8 points from the same quarter a year ago.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over GRAB on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over GRAB on profitability, with a higher operating margin.
GRAB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $72M | +41% |
| Q1 2026 | -$29M | -151% |
| Q4 2025 | $49M | -78% |
| Q3 2025 | -$159M | -153% |
| Q2 2025 | $51M | -80% |
| Q1 2025 | $57M | +$79M |
| Q4 2024 | $223M | +$277M |
| Q3 2024 | $302M | +1% |
GRAB has burned cash in most quarters: −$67M over the past year, against $633M the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over GRAB on cash generation, producing positive trailing cash flow while its opponent burns cash.
GRAB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -6.1% | -273M shares |
| 1 year | -1.7% | -72M shares |
| 3 years | +6.9% | +268M shares |
| 5 years | +5.5% | +219M shares |
GRAB has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $400M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $274M |
| Q1 2025 | — |
| Q4 2024 | $37M |
| Q3 2024 | $58M |
GRAB spent $400M buying back its own shares over the past year, up 8.4% from the year before.
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has 1.1B diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
GRAB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -1.5x | Net Cash |
| Q4 2025 | -2.7x | Net Cash |
| Q3 2025 | -3.7x | Net Cash |
| Q2 2025 | -6.9x | Net Cash |
| Q1 2025 | -14.0x | Net Cash |
| Q4 2024 | -27.1x | Net Cash |
| Q3 2024 | -20.5x | Net Cash |
GRAB has the edge over MU on leverage, with a lower net debt burden relative to earnings.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has more cash than debt.
GRAB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.4 | Neutral |
| Stochastic | 36.2 | Neutral |
GRAB's weekly RSI is 47 (neutral) and its Stochastic is 36 (neutral).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
GRAB PE vs Technology Sector
| Metric | GRAB | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 28x | 16% below |
| PE % | 4 | 39 | 35 pts below |
GRAB is trading at 23x earnings, a 16% discount to the Technology sector's median of 28x, though its recent earnings include one-off gains.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU has the edge over GRAB on valuation relative to its sector.
GRAB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.06 | 5.9% above |
| 20 week MA | $3.32 | 2.4% below |
| 50 week MA | $3.78 | 14% below |
| 100 week MA | $4.40 | 26% below |
| 200 week MA | $3.92 | 17% below |
GRAB has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 17% below its 200-week average.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has the edge over GRAB on trend strength, trading above more of its moving averages.
GRAB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.4 | $13.3 | +7.4% |
| 2021 | $13.3 | $7.35 | -45% |
| 2022 | $7.35 | $3.27 | -56% |
| 2023 | $3.27 | $3.37 | +3.1% |
| 2024 | $3.37 | $4.81 | +43% |
| 2025 | $4.81 | $5.15 | +7.1% |
| 2026 YTD | $5.15 | $3.24 | -37% |
GRAB is down 37% so far in 2026, after finishing higher in four of the previous six years.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over GRAB on returns for 2026, with the stronger performance.