AGC - Grab Holdings: Worth More Than Just 39.6 Billion Dollars

• Grab has evolved to be almost ubiquitous in Southeast Asia due to its success with ride-hailing and food delivery in the region, which provide significant macro tailwinds to leverage on.
• Grab is strategically positioned in a league of its own, allowing it to outcompete competitors in the long-run.
• A rough DCF valuation reveals the likelihood that Grab will be fairly valued at IPO if benchmarked to a similar food delivery service.
• There might be some risks involved, but given its stellar business model and strategic position within a fast-growing industry, Grab is very likely to outcompete this benchmark, suggesting that it is worth more than 39.6 Billion dollars.

For further details see: