GRAB vs CPNG vs MRT Stock Comparison

Grab Holdings, Coupang and Marti Technologies Prices as of Nov 5, 2026 Peers: Industry group
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GRAB Grab Holdings Ltd
$3.48 +13.4% 1M -38.3% 1Y
Market cap
$14.04B
P/E
21.4x
Revenue (TTM)
$3.97B
Div. yield
–
Ride-Hailing and Delivery Technology
4 wins
CPNG Coupang, Inc.
$16.44 +13.9% 1M -45.6% 1Y
Market cap
$29.20B
P/E
–
Revenue (TTM)
$36.16B
Div. yield
–
Online Retail Consumer Discretionary
2 wins
MRT Marti Technologies, Inc.
$1.95 +0.5% 1M -23.8% 1Y
Market cap
$162.38M
P/E
–
Revenue (TTM)
$52.32M
Div. yield
–
Ride-Hailing and Delivery Technology
3 wins

Head to Head

9 decided of 12

Grab Holdings leads on 4 of the 12 questions below (Grab Holdings 4, Marti Technologies 3, Coupang 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGRABCPNGMRTLeader
Larger companyMarket capitalisation $14.04B $29.20B $162.38M CPNG
Cheaper on earningsLower P/E, profitable companies only 21.4x -21.4x -4.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.9x — — –
Faster revenue growthRevenue growth, trailing twelve months +22.9% +7.4% +174.4% MRT
More profitableNet margin, trailing twelve months 16.5% -3.8% -74.9% GRAB
Better return on capitalReturn on invested capital 2.4% -24.6% — GRAB
Less leveragedLower net debt / EBITDA -4.4x 5.7x -7.2x MRT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -38.3% -45.6% -23.8% MRT
Better 5-year returnAnnualised price return, 5 years -21.9%/yr -11.3%/yr -27.6%/yr CPNG
Less volatileAnnualised volatility, 1 year 40.5% 49.5% 55.7% GRAB
Higher overall scoreMean of the five percentile scores vs peers 68/100 30/100 24/100 GRAB

Percentile Scorecard

GRABCPNGMRT

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

AxisGRABCPNGMRT
Valuation 47 #88 of 166 7 #101 of 108 9 #152 of 166
Growth 95 #8 of 154 6 #98 of 104 60 #63 of 154
Profitability 53 #73 of 154 17 #86 of 103 16 #129 of 154
Financial Health 75 #46 of 179 36 #73 of 114 13 #156 of 179
Shareholder Returns – 87 #11 of 77 –
Overall 68 30 24
  • GRAB ranked among 185 companies in Internet Platforms
  • CPNG ranked among 116 companies in Retail
  • MRT ranked among 185 companies in Internet Platforms

Price Performance

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

Returns

PeriodGRABCPNGMRTSPY
1 month +13.4%+13.9%+0.5% -5.9%
3 months -5.2%+0.5%+8.3% -4.6%
6 months -8.2%-4.5%-6.3% +0.2%
Year to date -30.3%-30.3%-17.7% +7.5%
1 year -38.3%-45.6%-23.8% +8.2%
3 years +10.8%-1.6%+275.0% +68.3%
3 years, per year +3.5%-0.5%+55.4% +19.0%
5 years -70.8%-45.1%-80.1% +56.5%
5 years, per year -21.9%-11.3%-27.6% +9.4%

Risk

MeasureGRABCPNGMRTSPY
Volatility, 1Y 40.5%49.5%55.7% 13.6%
Downside volatility, 1Y 39.1%49.7%56.6% 14.2%
Beta vs S&P 500, 1Y 1.161.390.17 1.00
Return / volatility, 1Y -0.95-0.92-0.43 0.60
Max drawdown, 5Y -86.5%-69.1%-96.8% -25.4%
From 52-week high -41.0%-45.6%-23.8% -5.9%
52-week high $5.90$30.22$2.56 $779.14
52-week low $2.71$13.75$1.30 $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.

MultipleGRABCPNGMRT
P/E now vs peer median 21.7xmedian 18.0x -21.7xmedian 18.8x -3.9xmedian 18.0x
P/S now vs peer median 3.5xmedian 1.3x 0.8xmedian 0.5x 3.2xmedian 1.3x
EV/EBITDA now vs peer median 21.1xmedian 15.5x -38.3xmedian 9.0x -20.1xmedian 15.5x
P/FCF now vs peer median 64.2xmedian 11.4x -71.3xmedian 15.3x -8.5xmedian 11.4x
P/B now vs peer median 1.9xmedian 1.7x 10.4xmedian 1.8x -2.0xmedian 1.7x
PEG now vs peer median —median 0.38 0.30median 0.87 -0.11median 0.38

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 monthsGRABCPNGMRT
Revenue $3.97B $36.16B $52.32M
Gross profit $1.20B $9.90B $33.36M
Operating income $201.00M -$1.24B -$16.33M
Net income $526.00M -$1.36B -$70.58M
Free cash flow – -$412.00M -$19.81M
R&D $412.00M – $3.04M
EPS (diluted) $0.16 $-0.76 $-0.50
Cash & equivalents $2.85B $5.44B $12.50M
Total debt $452.00M $1.64B $106.33M
Shares (diluted) 4.21B 1.80B 78.05M
Enterprise value -$655.92M $5.03B $133.10M

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
MetricGRABCPNGMRT
P/E 21.7x -21.7x -3.9x
P/FCF 64.2x -71.3x -8.5x
P/Operating cash flow – 34.8x -8.4x
P/S 3.5x 0.8x 3.2x
P/B 1.9x 10.4x -2.0x
P/Tangible book 1.9x 11.0x -2.0x
EV/EBITDA 21.1x -38.3x -20.1x
EV/EBIT 56.8x -20.6x -16.0x
EV/Revenue 2.9x 0.7x 5.0x
EV/FCF – -62.1x -13.2x
EV/Operating cash flow – 30.3x -13.1x
PEG (3Y EPS CAGR) – 0.30 -0.11

Growth

14 metrics
MetricGRABCPNGMRT
Revenue growth (1Y) 22.9% 7.4% 174.4%
Revenue CAGR (3Y) 21.6% 16.0% –
Gross profit growth (1Y) 17.0% -1.9% 5,402%
Gross profit CAGR (3Y) 32.7% 19.6% –
Operating income growth (1Y) 1,240% -259.6% 45.7%
Operating income CAGR (3Y) 31.5% -69.9% –
Net income growth (1Y) 806.9% -449.5% 38.6%
Net income CAGR (3Y) 37.6% -73.0% -38.7%
EPS growth (1Y) 974.3% -462.9% 60.5%
EPS CAGR (3Y) – -73.2% 35.1%
Operating cash flow growth (1Y) – -64.3% 44.4%
Operating cash flow CAGR (3Y) – -31.4% -20.4%
Free cash flow growth (1Y) – -132.6% 45.0%
Free cash flow CAGR (3Y) – -30.5% -20.1%

Profitability

14 metrics
MetricGRABCPNGMRT
Gross margin 30.1% 27.4% 63.8%
EBITDA margin 13.7% -1.8% -24.9%
Operating margin 5.1% -3.4% -31.2%
Pretax margin 13.2% -3.5% -74.9%
Net margin 16.5% -3.8% -74.9%
FCF margin – -1.1% -37.9%
Operating cash flow margin – 2.3% -38.2%
Return on equity 7.5% -46.8% –
Return on assets 3.8% -7.6% -136.6%
Return on invested capital 2.4% -24.6% –
Return on capital employed – -19.1% -105.8%
Asset turnover 0.3x 2.0x 1.8x
Cash conversion (OCF / net income) – -0.6x 0.3x
Stock comp / revenue 5.9% 1.6% 17.9%

Financial Health

11 metrics
MetricGRABCPNGMRT
Debt / assets 3.2% 9.0% 328.6%
Debt / equity 0.1x 0.6x -1.3x
Net debt / EBITDA -4.4x 5.7x -7.2x
Debt / FCF – -4.0x -5.4x
Liabilities / assets 48.9% 84.5% 359.1%
Equity / assets 51.1% 15.5% -259.1%
Interest coverage 1.7x -16.3x –
Current ratio – 0.8x 1.4x
Quick ratio – 0.5x 1.0x
Cash ratio – 0.5x 0.9x
Altman Z-score – 2.33 -7.70

Shareholder Returns

7 metrics
MetricGRABCPNGMRT
Dividend yield – – –
Net buyback yield – 4.1% –
Shareholder yield – 4.1% 0.0%
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.

ConsensusGRABCPNGMRT
Forward P/E 24.9xFY2026 – –
EPS, next fiscal year $0.14FY2026 $-0.52FY2026 $-0.32FY2026
EPS growth, next FY +133.3%FY2026 -572.7%FY2026 –
EPS growth, the year after +21.4% – –
Revenue, next fiscal year $4.10BFY2026 $36.34BFY2026 $82.00MFY2026
Revenue growth, next FY +21.7%FY2026 +5.2%FY2026 +109.0%FY2026
Revenue growth, the year after +33.8% +23.9% +72.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGRABCPNGMRT
Held by institutions 75.6% 81.8% –
Institutions holding 484 590 –
Change in shares held, QoQ +0.9% -2.8% –
Institutions buying 231 262 –
Institutions selling 168 245 –
Buyers to sellers 1.38 1.07 –

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.

GRABCPNGMRT
GRAB 1.00 0.34 -0.08
CPNG 0.34 1.00 -0.03
MRT -0.08 -0.03 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, GRAB, CPNG and MRT?

Coupang (CPNG) is the largest by market capitalisation: Grab Holdings (GRAB) $14.04B, Coupang (CPNG) $29.20B, Marti Technologies (MRT) $162.38M.

Which company is growing faster?

Marti Technologies (MRT) grew revenue fastest over the trailing twelve months: Grab Holdings (GRAB) +22.9%, Coupang (CPNG) +7.4%, Marti Technologies (MRT) +174.4%.

Which company is more profitable?

Grab Holdings (GRAB) has the highest net margin (Grab Holdings (GRAB) 16.5%, Coupang (CPNG) -3.8%, Marti Technologies (MRT) -74.9%). On return on invested capital, Grab Holdings (GRAB) leads (Grab Holdings (GRAB) 2.4%, Coupang (CPNG) -24.6%).

Which stock has performed better?

Over the past year Marti Technologies (MRT) returned the most: Grab Holdings (GRAB) -38.3%, Coupang (CPNG) -45.6%, Marti Technologies (MRT) -23.8%. Over five years, Coupang (CPNG) compounded fastest (Grab Holdings (GRAB) -21.9%/yr, Coupang (CPNG) -11.3%/yr, Marti Technologies (MRT) -27.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Grab Holdings (GRAB) has been the steadiest (Grab Holdings (GRAB) 40.5%, Coupang (CPNG) 49.5%, Marti Technologies (MRT) 55.7%). Volatility measures how widely the price swings, not the risk of the business.

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

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 4. 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.