GRAB
Grab Holdings Limited
GRAB's outlook is improving, though it still trails on the overall score.
NVDA
NVIDIA Corporation
NVDA 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.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA'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's PE is in its cheap range at 23x, but its recent earnings include one-off gains. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
NVDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $166 | — |
| Current | 21x | $166 | — |
| Cheap | 44x | $345 | +108% |
| Fair | 65x | $511 | +207% |
| Expensive | 93x | $734 | +342% |
Historical ranges are pointers, not guarantees.
NVDA has the edge over GRAB in the historical PE scenario, which offers more potential upside but is not a forecast.
GRAB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
GRAB has the edge over NVDA on the outlook, with more favorable profitability expectations.
NVDA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVDA, but weaker profitability.
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.
NVDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.77 | +74% |
| Q3 2026 | $7.91 | +125% |
| Q2 2026 | $6.53 | +111% |
| Q1 2026 | $4.90 | +67% |
| Q4 2025 | $4.03 | +59% |
| Q3 2025 | $3.51 | +65% |
| Q2 2025 | $3.10 | +81% |
| Q1 2025 | $2.94 | +147% |
| Q4 2024 | $2.54 | +234% |
NVDA's earnings per share have climbed steadily: $7.91 over the past year, up 125% from the year before, and higher year over year for 13 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.
NVDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.2B | +106% |
| Q2 2026 | $81.6B | +85% |
| Q1 2026 | $68.1B | +73% |
| Q4 2025 | $57B | +62% |
| Q3 2025 | $46.7B | +56% |
| Q2 2025 | $44.1B | +69% |
| Q1 2025 | $39.3B | +78% |
| Q4 2024 | $35.1B | +94% |
NVDA has the edge over GRAB on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +5.4 points |
| Q2 2026 | 66% | +17 points |
| Q1 2026 | 65% | +3.9 points |
| Q4 2025 | 63% | +0.8 points |
| Q3 2025 | 61% | -1.2 points |
| Q2 2025 | 49% | -16 points |
| Q1 2025 | 61% | -0.5 points |
| Q4 2024 | 62% | +4.9 points |
NVDA 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.
NVDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.4B | +59% |
| Q2 2026 | $48.6B | +86% |
| Q1 2026 | $34.9B | +124% |
| Q4 2025 | $22.1B | +32% |
| Q3 2025 | $13.5B | -0.3% |
| Q2 2025 | $26.2B | +75% |
| Q1 2025 | $15.6B | +38% |
| Q3 2024 | $13.5B | +113% |
NVDA 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 NVDA 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.
NVDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -106M shares |
| 1 year | -1% | -247M shares |
| 3 years | -2.8% | -705M shares |
| 5 years | -4.1% | -1B shares |
| Available history | -1.8% | -435M shares |
NVDA has 24.3B diluted shares, down 1% from a year ago, with $55.3B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7B |
| Q2 2026 | $19.3B |
| Q1 2026 | $3.8B |
| Q4 2025 | $12.5B |
| Q3 2025 | $9.7B |
| Q2 2025 | $14.1B |
| Q1 2025 | $7.8B |
| Q4 2024 | $11B |
NVDA spent $55.3B buying back its own shares over the past year, up 30% from the year before.
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 NVDA on leverage, with a lower net debt burden relative to earnings.
NVDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.0x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NVDA's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
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).
NVDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 18.1 | Oversold |
NVDA's weekly RSI is 33 (neutral) and its Stochastic is 18 (oversold).
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.
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA 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.
NVDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $208.9 | 20% below |
| 20 week MA | $212.0 | 22% below |
| 50 week MA | $199.9 | 17% below |
| 100 week MA | $175.1 | 5.1% below |
| 200 week MA | $123.6 | 34% above |
NVDA has fallen below most of its moving averages, though it's still 34% above its 200-week average.
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.
NVDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.92 | $13.0 | +119% |
| 2021 | $13.0 | $29.6 | +128% |
| 2022 | $29.6 | $15.2 | -49% |
| 2023 | $15.2 | $49.5 | +226% |
| 2024 | $49.5 | $137.0 | +177% |
| 2025 | $137.0 | $190.5 | +39% |
| 2026 YTD | $190.5 | $166.2 | -13% |
NVDA has the edge over GRAB on returns for 2026, with the stronger performance.