WallStSmart

Grab Holdings Ltd (GRAB)vsShopify Inc (SHOP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shopify Inc generates 243% more annual revenue ($11.56B vs $3.37B). SHOP leads profitability with a 10.6% profit margin vs 8.0%. GRAB appears more attractively valued with a PEG of 0.53. GRAB earns a higher WallStSmart Score of 58/100 (C).

GRAB

Buy

58

out of 100

Grade: C

Growth: 9.3Profit: 4.5Value: 4.7Quality: 4.8
Piotroski: 5/9Altman Z: -0.37

SHOP

Hold

48

out of 100

Grade: D+

Growth: 7.3Profit: 7.0Value: 2.0Quality: 8.5
Piotroski: 3/9Altman Z: 4.73
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GRABSignificantly Overvalued (-50.5%)

Margin of Safety

-50.5%

Fair Value

$2.81

Current Price

$3.73

$0.92 premium

UndervaluedFair: $2.81Overvalued
SHOPSignificantly Overvalued (-1729.9%)

Margin of Safety

-1729.9%

Fair Value

$6.39

Current Price

$118.42

$112.03 premium

UndervaluedFair: $6.39Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GRAB4 strengths · Avg: 8.0/10
PEG RatioValuation
0.538/10

Growing faster than its price suggests

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
18.6%8/10

18.6% revenue growth

EPS GrowthGrowth
41.0%8/10

Earnings expanding 41.0% YoY

SHOP5 strengths · Avg: 9.4/10
Revenue GrowthGrowth
30.6%10/10

Revenue surging 30.6% year-over-year

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.7310/10

Safe zone — low bankruptcy risk

Market CapQuality
$151.59B9/10

Large-cap with strong market position

Operating MarginProfitability
20.3%8/10

Strong operational efficiency at 20.3%

Areas to Watch

GRAB4 concerns · Avg: 2.5/10
Return on EquityProfitability
3.0%3/10

ROE of 3.0% — below average capital efficiency

Profit MarginProfitability
8.0%3/10

8.0% margin — thin

P/E RatioValuation
63.2x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
-0.372/10

Distress zone — elevated risk

SHOP4 concerns · Avg: 2.8/10
Price/BookValuation
11.5x4/10

Trading at 11.5x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
9.562/10

Expensive relative to growth rate

P/E RatioValuation
123.6x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : GRAB

The strongest argument for GRAB centers on PEG Ratio, Price/Book, Revenue Growth. Revenue growth of 18.6% demonstrates continued momentum. PEG of 0.53 suggests the stock is reasonably priced for its growth.

Bull Case : SHOP

The strongest argument for SHOP centers on Revenue Growth, Debt/Equity, Altman Z-Score. Revenue growth of 30.6% demonstrates continued momentum.

Bear Case : GRAB

The primary concerns for GRAB are Return on Equity, Profit Margin, P/E Ratio. A P/E of 63.2x leaves little room for execution misses.

Bear Case : SHOP

The primary concerns for SHOP are Price/Book, Piotroski F-Score, PEG Ratio. A P/E of 123.6x leaves little room for execution misses.

Key Dynamics to Monitor

SHOP carries more volatility with a beta of 2.90 — expect wider price swings.

SHOP is growing revenue faster at 30.6% — sustainability is the question.

SHOP generates stronger free cash flow (715M), providing more financial flexibility.

Monitor SOFTWARE - APPLICATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

GRAB scores higher overall (58/100 vs 48/100) and 18.6% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Grab Holdings Ltd

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Grab Holdings Ltd is a leading technology company in Southeast Asia, recognized for its extensive range of services spanning ride-hailing, food delivery, and digital payments. Founded in 2012, Grab has swiftly expanded its operations to cater to urban mobility and convenience for millions of users across the region. The company is committed to innovation and sustainability, leveraging strategic partnerships and technology investments to enhance its platform. As Grab continues to diversify its service offerings and expand its geographic footprint, it is well-positioned to capitalize on the growing demand for integrated consumer services in the dynamic Southeast Asian digital economy.

Shopify Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Shopify Inc., a commerce company, offers a commerce and service platform in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company is headquartered in Ottawa, Canada.

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