COMP <GO>
CART vs GRAB // FORWARD P/E MULTIPLE
Maplebear Inc. (NASDAQ) VS. Grab Holdings Limited (Class A) (NASDAQ) • 15-METRIC TALLY: CART 9
— GRAB 2
▲ FORWARD P/E MULTIPLE LEADER: CART
LAST: $56.45 (-1.16%) • MKT CAP: $13.55B
forward-pe
28.2x
LAST: $2.71 (-1.81%) • MKT CAP: $11.32B
forward-pe
30.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CART VS. GRAB)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CART | GRAB | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 73.70% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 17.20% | 9.90% | +7.30 | CART | /roic <GO> |
| EV/EBITDA & P/E Valuation | 24.2x | 21.0x | +3.20 | GRAB | /valuation <GO> |
| Free Cash Flow Yield | 6.71% | 2.21% | +4.50 | CART | /fcf-yield <GO> |
| Operating Margin | 13.30% | 13.90% | -0.60 | GRAB | /operating-margins <GO> |
| Net Profit Margin | 11.90% | 10.90% | +1.00 | CART | /net-margins <GO> |
| Revenue Growth (YoY) | 10.80% | 5.50% | +5.30 | CART | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 8.52 | 3.74 | +4.78 | CART | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 8/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 65.7 | 38.4 | +27.30 | CART | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.02 | 0.94 | +0.08 | CART | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 28.2x | 30.5x | -2.30 | CART | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $13.55B | $11.32B | $2.24B | CART | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CART REV | GRAB REV | CART GROSS % | GRAB GROSS % | CART FCF | GRAB FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $3.74B | — | 73.7% | — | $910.0M | — |
| FY 2024 | $3.38B | — | 75.3% | — | $623.0M | — |
| FY 2023 | $3.04B | — | — | — | $449.1M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CART // BETA 1.02
GRAB // BETA 0.94