Grab Holdings Limited (GRAB): Bull Theory Theory

We came across a thesis About Grab Holdings Limited on Chit Chat Stock by Ryan Henderson. In this article, we will summarize Bulls’s thesis for GRAB. Grab Holdings Limited Action was traded at $ 5.36 by July 25^thS Grab’s Trailing and P/E were respectively 536.00 and 90.09, according to Yahoo Finance.

A close -up view that holds a smartphone using a ride sharing app.

Grab, founded in 2012 by Anthony Tan and Tan Hui Ling as MyTeksi during the Harvard Business School competition, started by dealing with the safety problems of fees in Southeast Asia with the driving app with an activated GPS. Rebranded for grab in 2016, the company has become a super application, combining mobility, delivery and financial services. Mobility remains its largest profit engine, with a fleet strategy that encourages electric vehicles, increases delivery and maintains a 55% EBITDA margin segment.

Grab dominates most markets in Southeast Asia with shares over 85% in Malaysia, the Philippines and Thailand, while dividing Indonesia 50/50 with Gojek against the background of rumors of acquisition. Deliveries, now GRAB’s largest revenue line, have grown rapidly, reaching 14% EBITDA margins after becoming profitable, supported by the financing of merchants, grocery acquisitions such as Jaya Grocery and increasing advertising revenue.

Grabpay’s financial services have expanded in digital banking and lending, with deposits tripling the year to $ 1.4 billion, although the fast -growing loan portfolio of $ 566 million has caused credit risk concerns. The acquisition of Grab for 2018 at Uber Southeast Asia operations has strengthened its market dominance and added Grabfood, with Uber now being its largest external shareholder to 13%.

The company, led by executive director, Anthony Tan, maintains a long-term growth focus, emphasizing the scale of short-term margins, proven by initiatives such as Saver Rides, which now represents one-third of the delivery and a quarter of mobility walks. The $ 14.5 billion in EV, only GRAB mobility and supply can generate $ 1.7 billion in EBITDA by 2029, which suggests 8.5 times a set, offering meaningful upwards, if the performance remains strong, despite being delayed in fears about its bank ambitions.

We had previously covered a thesis Of Grab Holdings Limited (GRAB) to Gabgrowth in June 2025, emphasizing undervalued financial performance, super applied moat and potential Gojek acquisition. The action estimated about 7.5%as the foundations are intensified. The thesis still stands on money and market leadership. Ryan Henderson shares a similar opinion, but emphasizes the growth of eBitda, scale -oriented and expanding Fintech.