Grab Holdings Limited's (NASDAQ:GRAB) Share Price Matching Investor Opinion
Grab Holdings Limited's (NASDAQ:GRAB) Share Price Matching Investor Opinion
When you see that almost half of the companies in the Transportation industry in the United States have price-to-sales ratios (or "P/S") below 1.3x, Grab Holdings Limited (NASDAQ:GRAB) looks to be giving off strong sell signals with its 5.2x P/S ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly elevated P/S.
How Has Grab Holdings Performed Recently?
With revenue growth that's superior to most other companies of late, Grab Holdings has been doing relatively well. It seems that many are expecting the strong revenue performance to persist, which has raised the P/S. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.
Want the full picture on analyst estimates for the company? Then our free report on Grab Holdings will help you uncover what's on the horizon.Is There Enough Revenue Growth Forecasted For Grab Holdings?
There's an inherent assumption that a company should far outperform the industry for P/S ratios like Grab Holdings' to be considered reasonable.
Retrospectively, the last year delivered an exceptional 65% gain to the company's top line. The latest three year period has also seen an incredible overall rise in revenue, aided by its incredible short-term performance. Therefore, it's fair to say the revenue growth recently has been superb for the company.
Looking ahead now, revenue is anticipated to climb by 17% per annum during the coming three years according to the analysts following the company. That's shaping up to be materially higher than the 8.9% per annum growth forecast for the broader industry.
With this information, we can see why Grab Holdings is trading at such a high P/S compared to the industry. Apparently shareholders aren't keen to offload something that is potentially eyeing a more prosperous future.
What We Can Learn From Grab Holdings' P/S?
While the price-to-sales ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of revenue expectations.
Our look into Grab Holdings shows that its P/S ratio remains high on the merit of its strong future revenues. At this stage investors feel the potential for a deterioration in revenues is quite remote, justifying the elevated P/S ratio. Unless the analysts have really missed the mark, these strong revenue forecasts should keep the share price buoyant.
A lot of potential risks can sit within a company's balance sheet. Take a look at our free balance sheet analysis for Grab Holdings with six simple checks on some of these key factors.
If companies with solid past earnings growth is up your alley, you may wish to see this free collection of other companies with strong earnings growth and low P/E ratios.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
當你看到美國運輸行業將近一半的公司的市銷率(或 “市銷率”)低於1.3倍時,Grab Holdings Limited(納斯達克股票代碼:GRAB)似乎以其5.2倍的市銷率發出了強勁的賣出信號。但是,我們需要更深入地挖掘,以確定市銷售率大幅上升是否有合理的依據。
Grab Holdings最近表現如何?
Grab Holdings最近的收入增長優於大多數其他公司,因此表現相對較好。看來許多人預計強勁的收入表現將持續下去,這提高了市銷率。你真的希望如此,否則你將無緣無故地付出相當大的代價。
想全面了解分析師對公司的估計嗎?然後,我們關於Grab Holdings的免費報告將幫助您發現即將發生的事情。預計 Grab Holdings 的收入增長是否足夠?
人們固有的假設是,如果像Grab Holdings這樣的市銷率被認爲是合理的,公司的表現應該遠遠超過該行業。
回顧過去,去年的公司收入實現了65%的驚人增長。得益於其令人難以置信的短期表現,最近三年的總體收入也實現了令人難以置信的增長。因此,可以公平地說,該公司最近的收入增長非常好。
根據關注該公司的分析師的說法,展望未來,收入預計將在未來三年內每年增長17%。這將大大高於整個行業8.9%的年增長預期。
有了這些信息,我們可以明白爲何Grab Holdings的市銷率與行業相比如此之高。顯然,股東們並不熱衷於轉移可能着眼於更繁榮未來的東西。
我們可以從Grab Holdings的市銷率中學到什麼?
儘管市銷率不應該成爲決定你是否買入股票的決定性因素,但它是衡量收入預期的有力晴雨表。
我們對Grab Holdings的調查表明,由於其未來收入強勁,其市銷率仍然很高。在現階段,投資者認爲收入惡化的可能性微乎其微,這證明市銷售率上升是合理的。除非分析師真的沒有達到目標,否則這些強勁的收入預測應該會保持股價的上漲。
公司的資產負債表中可能存在許多潛在風險。看看我們對Grab Holdings的免費資產負債表分析,對其中一些關鍵因素進行了六次簡單檢查。
如果過去盈利增長穩健的公司處於困境,那麼你可能希望看到這些盈利增長強勁、市盈率低的其他公司的免費集合。
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。
譯文內容由第三人軟體翻譯。
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