DASH vs CPNG vs GRAB Stock Comparison

DoorDash, Coupang and Grab Holdings Prices as of Oct 23, 2026 Peers: Industry group
DASH DoorDash, Inc.
$179.38 -5.2% 1M -29.5% 1Y
Market cap
$73.02B
P/E
86.8x
Revenue (TTM)
$15.89B
Div. yield
–
Ride-Hailing and Delivery Technology
4 wins
CPNG Coupang, Inc.
$13.90 -2.8% 1M -55.4% 1Y
Market cap
$24.70B
P/E
–
Revenue (TTM)
$35.46B
Div. yield
–
Online Retail Consumer Discretionary
GRAB Grab Holdings Ltd
$2.79 -12.8% 1M -51.2% 1Y
Market cap
$11.05B
P/E
19.3x
Revenue (TTM)
$3.73B
Div. yield
–
Ride-Hailing and Delivery Technology
7 wins

Head to Head

11 decided of 12

Grab Holdings leads on 7 of the 12 questions below (Grab Holdings 7, DoorDash 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDASHCPNGGRABLeader
Larger companyMarket capitalisation $73.02B $24.70B $11.05B DASH
Cheaper on earningsLower P/E, profitable companies only 86.8x -32.2x 19.3x GRAB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 64.5x — 17.4x GRAB
Faster revenue growthRevenue growth, trailing twelve months +33.6% +9.9% +21.5% DASH
More profitableNet margin, trailing twelve months 5.3% -2.2% 15.3% GRAB
Better return on capitalReturn on invested capital — -10.6% 1.5% GRAB
Less leveragedLower net debt / EBITDA — 49.4x -6.5x GRAB
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -29.5% -55.4% -51.2% DASH
Better 5-year returnAnnualised price return, 5 years -3.5%/yr -13.7%/yr -24.0%/yr DASH
Less volatileAnnualised volatility, 1 year 49.6% 48.1% 38.9% GRAB
Higher overall scoreMean of the five percentile scores vs peers 54/100 32/100 56/100 GRAB

Percentile Scorecard

DASHCPNGGRAB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDASHCPNGGRAB
Valuation 26 #124 of 167 10 #94 of 104 46 #91 of 167
Growth 83 #27 of 153 9 #90 of 99 81 #30 of 153
Profitability 63 #58 of 153 22 #77 of 99 45 #84 of 153
Financial Health 57 #77 of 179 33 #76 of 113 51 #89 of 179
Shareholder Returns 43 #54 of 94 86 #11 of 73 –
Overall 54 32 56
  • DASH ranked among 185 companies in Internet Platforms
  • CPNG ranked among 115 companies in Retail
  • GRAB ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDASHCPNGGRABSPY
1 month -5.2%-2.8%-12.8% -1.0%
3 months +3.7%-10.3%-15.7% +2.9%
6 months +1.5%-32.2%-28.5% +6.4%
Year to date -20.8%-41.1%-44.1% +11.4%
1 year -29.5%-55.4%-51.2% +13.1%
3 years +134.9%-23.2%-14.9% +79.4%
3 years, per year +33.0%-8.4%-5.3% +21.5%
5 years -16.1%-52.1%-74.6% +67.7%
5 years, per year -3.5%-13.7%-24.0% +10.9%

Risk

MeasureDASHCPNGGRABSPY
Volatility, 1Y 49.6%48.1%38.9% 12.7%
Downside volatility, 1Y 52.9%50.1%39.5% 12.7%
Beta vs S&P 500, 1Y 1.431.381.43 1.00
Return / volatility, 1Y -0.60-1.15-1.32 1.03
Max drawdown, 5Y -82.5%-69.3%-86.5% -25.4%
From 52-week high -32.6%-56.7%-54.4% -2.5%
52-week high $266.06$32.13$6.12 $779.14
52-week low $146.60$13.76$2.79 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDASHCPNGGRAB
P/E now vs peer median 92.7xmedian 17.5x -32.6xmedian 16.7x 20.0xmedian 17.5x
P/S now vs peer median 4.9xmedian 1.4x 0.7xmedian 0.5x 3.0xmedian 1.4x
EV/EBITDA now vs peer median 40.3xmedian 14.9x -301.4xmedian 9.1x 27.4xmedian 14.9x
P/FCF now vs peer median 29.9xmedian 11.2x 251.6xmedian 16.6x 57.4xmedian 11.2x
P/B now vs peer median 7.8xmedian 1.7x 8.3xmedian 1.7x 1.6xmedian 1.7x
PEG now vs peer median 2.48median 0.42 0.58median 0.73 —median 0.42

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDASHCPNGGRAB
Revenue $15.89B $35.46B $3.73B
Gross profit $8.17B $10.06B $1.63B
Operating income $712.00M -$628.00M $120.00M
Net income $841.00M -$767.00M $525.00M
Free cash flow $2.60B $99.00M $193.00M
R&D $1.71B – $417.00M
EPS (diluted) $1.91 $-0.43 $0.14
Cash & equivalents $4.42B $6.11B $2.86B
Total debt – $2.60B $2.99B
Shares (diluted) 439.35M 1.80B 4.21B
Enterprise value $52.39B -$1.26B -$4.08B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDASHCPNGGRAB
P/E 92.7x -32.6x 20.0x
P/FCF 29.9x 251.6x 57.4x
P/Operating cash flow 27.5x 17.5x 85.2x
P/S 4.9x 0.7x 3.0x
P/B 7.8x 8.3x 1.6x
P/Tangible book 9.8x 8.8x 1.6x
EV/EBITDA 40.3x -301.4x 27.4x
EV/EBIT 101.6x -34.1x 74.5x
EV/Revenue 4.6x 0.6x 2.4x
EV/FCF 27.9x 216.2x 46.3x
EV/Operating cash flow 25.6x 15.0x 68.8x
PEG (3Y EPS CAGR) 2.48 0.58 –

Growth

14 metrics
MetricDASHCPNGGRAB
Revenue growth (1Y) 33.6% 9.9% 21.5%
Revenue CAGR (3Y) 27.4% 17.1% 23.6%
Gross profit growth (1Y) 37.3% 4.3% 23.6%
Gross profit CAGR (3Y) 32.2% 22.6% 69.9%
Operating income growth (1Y) 31.4% -186.7% 340.0%
Operating income CAGR (3Y) 38.8% -52.0% 28.7%
Net income growth (1Y) 7.1% -310.1% 837.5%
Net income CAGR (3Y) 38.6% -55.9% 35.1%
EPS growth (1Y) 7.4% -316.7% 82.0%
EPS CAGR (3Y) 37.3% -55.9% –
Operating cash flow growth (1Y) 29.3% -25.4% -82.1%
Operating cash flow CAGR (3Y) 40.9% -10.1% 34.4%
Free cash flow growth (1Y) 30.8% -87.3% -76.7%
Free cash flow CAGR (3Y) 45.2% -55.0% 40.6%

Profitability

14 metrics
MetricDASHCPNGGRAB
Gross margin 51.4% 28.4% 43.6%
EBITDA margin 11.3% -0.2% 8.7%
Operating margin 4.5% -1.8% 3.2%
Pretax margin 5.5% -1.7% 13.9%
Net margin 5.3% -2.2% 15.3%
FCF margin 16.3% 0.3% 5.2%
Operating cash flow margin 17.8% 4.0% 3.5%
Return on equity 8.3% -22.2% 7.9%
Return on assets 4.3% -4.4% 4.2%
Return on invested capital – -10.6% 1.5%
Return on capital employed 5.3% -9.3% 1.7%
Asset turnover 0.8x 2.0x 0.3x
Cash conversion (OCF / net income) 3.4x -1.9x 0.2x
Stock comp / revenue 7.0% 1.5% 6.4%

Financial Health

11 metrics
MetricDASHCPNGGRAB
Debt / assets – 15.0% 15.1%
Debt / equity – 0.9x 0.3x
Net debt / EBITDA – 49.4x -6.5x
Debt / FCF – 26.3x 10.5x
Liabilities / assets 49.3% 82.8% 49.7%
Equity / assets 50.7% 17.2% 50.3%
Interest coverage – -8.3x 1.1x
Current ratio 1.4x 0.9x 1.5x
Quick ratio 1.1x 0.6x 0.8x
Cash ratio 0.9x 0.6x 0.8x
Altman Z-score 5.55 2.47 -0.24

Shareholder Returns

7 metrics
MetricDASHCPNGGRAB
Dividend yield – – –
Net buyback yield 1.3% 4.4% –
Shareholder yield 1.3% 4.4% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDASHCPNGGRAB
Forward P/E 64.5xFY2026 – 17.4xFY2026
EPS, next fiscal year $2.78FY2026 $-0.51FY2026 $0.16FY2026
EPS growth, next FY +30.5%FY2026 -563.6%FY2026 +166.7%FY2026
EPS growth, the year after +79.5% – +12.5%
Revenue, next fiscal year $18.88BFY2026 $36.30BFY2026 $4.07BFY2026
Revenue growth, next FY +37.6%FY2026 +5.1%FY2026 +20.9%FY2026
Revenue growth, the year after +11.2% +23.5% +33.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDASHCPNGGRAB
Held by institutions 88.2% 81.8% 75.6%
Institutions holding 1,043 588 483
Change in shares held, QoQ +7.4% -2.8% +0.9%
Institutions buying 578 262 231
Institutions selling 349 243 168
Buyers to sellers 1.66 1.08 1.38

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DASHCPNGGRAB
DASH 1.00 0.35 0.37
CPNG 0.35 1.00 0.29
GRAB 0.37 0.29 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DASH, CPNG and GRAB?

DoorDash (DASH) is the largest by market capitalisation: DoorDash (DASH) $73.02B, Coupang (CPNG) $24.70B, Grab Holdings (GRAB) $11.05B.

Which stock is cheaper, DASH, CPNG and GRAB?

Grab Holdings (GRAB) trades on the lowest price-to-earnings ratio (DoorDash (DASH) 86.8x, Coupang (CPNG) -32.2x, Grab Holdings (GRAB) 19.3x). On next year's consensus earnings, Grab Holdings (GRAB) is cheapest (DoorDash (DASH) 64.5x, Grab Holdings (GRAB) 17.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

DoorDash (DASH) grew revenue fastest over the trailing twelve months: DoorDash (DASH) +33.6%, Coupang (CPNG) +9.9%, Grab Holdings (GRAB) +21.5%.

Which company is more profitable?

Grab Holdings (GRAB) has the highest net margin (DoorDash (DASH) 5.3%, Coupang (CPNG) -2.2%, Grab Holdings (GRAB) 15.3%). On return on invested capital, Grab Holdings (GRAB) leads (Coupang (CPNG) -10.6%, Grab Holdings (GRAB) 1.5%).

Which stock has performed better?

Over the past year DoorDash (DASH) returned the most: DoorDash (DASH) -29.5%, Coupang (CPNG) -55.4%, Grab Holdings (GRAB) -51.2%. Over five years, DoorDash (DASH) compounded fastest (DoorDash (DASH) -3.5%/yr, Coupang (CPNG) -13.7%/yr, Grab Holdings (GRAB) -24.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Grab Holdings (GRAB) has been the steadiest (DoorDash (DASH) 49.6%, Coupang (CPNG) 48.1%, Grab Holdings (GRAB) 38.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DASH, CPNG and GRAB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Grab Holdings (GRAB) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.