<div id="readability-page-1"><div>Grab Holdings (GRAB) is in focus after Hesai Technology selected the company as its exclusive distributor for lidar products in Southeast Asia, a move tied directly to autonomous mobility and mapping initiatives. See our latest analysis for Grab Holdings. The lidar distribution deal comes as Grab’s share price has faced pressure, with a 30 day share price return of 12.16% and a 90 day share price return of 26.42%. The 3 year total shareholder return of 22.41% contrasts with a 5 year total shareholder return of 69.31%, which hints that longer term sentiment has been mixed even as the business pushes further into autonomous mobility and AI related infrastructure. If this move into AI enabled mobility has your attention, it could be a good moment to scan our screener of 33 AI infrastructure stocks as potential next candidates for your watchlist. With Grab posting positive annual revenue and net income growth, yet carrying a value score of 3 and trading below some analyst targets and intrinsic estimates, you have to ask: is there still mispricing here, or is the market already baking in future growth? <h2>Most Popular Narrative: 48% Undervalued</h2> According to the most followed narrative on Grab Holdings, a fair value of $8.20 sits well above the last close at $4.26, which puts a spotlight on how the business mix and long term growth ambitions are being weighed against today’s price. <blockquote> Grab has undergone a dramatic financial transformation. • Margins: Profit margin hit 3.6% in Q2 2025, up from -8.2% from 2024. • Revenue: $819M in Q2 2025, +23% YoY. Revenues have compounded at &gt;20% annually for three years. • Profitability: First GAAP net profit in Q1 2025. Now profitable for two consecutive quarters. • Balance Sheet: $7.3B cash vs. $1.7B debt, resulting in net cash, with &gt;37% of market cap in liquidity. • Returns on Capital: ROCE is trending up as Grab transitions from cash-burn to monetisation. </blockquote> Read the complete narrative. Want to see what kind of revenue compounding and margin lift needs to hold for that valuation to stick? According to BlackGoat, the fair value hinges on ambitious earnings expansion, richer profitability in higher margin segments, and a future earnings multiple usually reserved for market leaders. Result: Fair Value of $8.20 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there is still real execution risk here, from thin GAAP margins and heavy share count to any Grab GoTo deal running into drawn out regulatory pushback. Find out about the key risks to this Grab Holdings narrative. <h2>Another View: Earnings Multiple Sends A Warning</h2> The first narrative leans on cash flows and fair value, but the current P/E of 142.7x tells a different story. That is far above the US Transportation industry at 39.2x, the peer average at 38.5x, and even the fair ratio of 29.7x, which suggests meaningful valuation risk if growth or sentiment wobbles. Which signal do you trust more right now: the cash flow model or the earnings multiple? See what the numbers say about this price — find out in our valuation breakdown. <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/42550d29-9c5a-406d-98f7-4e9293ce901e/chart/pe-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/42550d29-9c5a-406d-98f7-4e9293ce901e/chart/pe-multiple-vs-industry"/><figcaption>NasdaqGS:GRAB P/E Ratio as at Feb 2026</figcaption></figure><h2> Build Your Own Grab Holdings Narrative</h2> If you are not fully on board with these narratives or simply want to test your own assumptions against the same data, you can quickly build a personalised view in just a few minutes using Do it your way. A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding Grab Holdings. <h2>Looking for more investment ideas?</h2> If Grab is on your radar, do not stop there. Use the wider market data to spot other opportunities that might suit your goals and risk comfort. <ul> <li>Target potential mispricing by scanning our list of 52 high quality undervalued stocks that combine quality fundamentals with prices that may not fully reflect their underlying strength.</li> <li>Focus on resilience by checking companies in the 82 resilient stocks with low risk scores to see which businesses carry lower risk scores based on our model.</li> <li>Hunt for lesser known opportunities with the screener containing 24 high quality undiscovered gems, where you can review companies that have strong fundamentals but attract less attention.</li> </ul> This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.<div><h3>New: Manage All Your Stock Portfolios in One Place</h3>We've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency • Be alerted to new Warning Signs or Risks via email or mobile • Track the Fair Value of your stocks Try a Demo Portfolio for Free</div></div></div>

02525

BOTZ

ROBO

ARKQ

GRAB

HSAI

IBOT

HAIL

Grab Holdings (GRAB) has been selected as the exclusive distributor for Hesai Technology's lidar products in Southeast Asia, enhancing its focus on autonomous mobility. Despite a recent share price increase, Grab's valuation remains a topic of debate, with a fair value estimated at $8.20 compared to its current price of $4.26. The company has shown positive revenue growth and profitability, but its high P/E ratio of 142.7x raises concerns about valuation risks. Investors are encouraged to explore further opportunities in undervalued stocks and resilient companies.

Simplywall

HESAI-W

Global X Robotics & Artificial

ROBO Global Robotics

ARK Autonomous Tech & Robotics ETF

Grab

Hesai

VanEck Robotics ETF

SPDR S&P Kensho Smart Mobility ETF

Assessing Grab Holdings (NasdaqGS:GRAB) Valuation After Exclusive Hesai Lidar Distribution Deal