GRAB vs. MVST

Last updated Apr 1, 2026

Compare and contrast key facts about Grab Holdings Limited (GRAB) and Microvast Holdings, Inc. (MVST).

Performance

GRAB vs. MVST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grab Holdings Limited (GRAB) and Microvast Holdings, Inc. (MVST). The values are adjusted to include any dividend payments, if applicable.

GRAB vs. MVST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GRAB Grab Holdings Limited	-26.65%	5.72%	40.06%	4.66%	-54.84%	-44.56%	8.16%
MVST Microvast Holdings, Inc.	-46.43%	35.27%	47.86%	-8.50%	-72.97%	-66.90%	49.21%

Fundamentals

Market Cap GRAB : $16.21B MVST : $506.14M
EPS GRAB : $0.06 MVST : -$0.09
PS Ratio GRAB : 4.65 MVST : 1.15
PB Ratio GRAB : 2.41 MVST : 1.23
Total Revenue (TTM) GRAB : $3.37B MVST : $427.52M
Gross Profit (TTM) GRAB : $1.46B MVST : $122.11M
EBITDA (TTM) GRAB : $421.00M MVST : -$57.51M

Returns By Period

In the year-to-date period, GRAB achieves a -26.65% return, which is significantly higher than MVST's -46.43% return.

GRAB

• 1D: 3.68%
• 1M: -13.27%
• YTD: -26.65%
• 6M: -39.20%
• 1Y: -19.21%
• 3Y*: 6.73%
• 5Y*: -21.07%
• 10Y*: —

MVST

• 1D: 6.38%
• 1M: -33.04%
• YTD: -46.43%
• 6M: -61.04%
• 1Y: 28.21%
• 3Y*: 6.55%
• 5Y*: -34.53%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GRAB vs. MVST — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GRAB

GRAB Risk / Return Rank: 24
GRAB Sharpe Ratio Rank: 23
GRAB Sortino Ratio Rank: 23
GRAB Omega Ratio Rank: 24
GRAB Calmar Ratio Rank: 29
GRAB Martin Ratio Rank: 24

MVST

MVST Risk / Return Rank: 55
MVST Sharpe Ratio Rank: 52
MVST Sortino Ratio Rank: 62
MVST Omega Ratio Rank: 59
MVST Calmar Ratio Rank: 52
MVST Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GRAB vs. MVST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grab Holdings Limited (GRAB) and Microvast Holdings, Inc. (MVST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GRAB	MVST	Difference
Sharpe ratio Return per unit of total volatility	-0.43	0.28	-0.70
Sortino ratio Return per unit of downside risk	-0.35	1.23	-1.58
Omega ratio Gain probability vs. loss probability	0.96	1.15	-0.19
Calmar ratio Return relative to maximum drawdown	-0.44	0.39	-0.83
Martin ratio Return relative to average drawdown	-1.01	0.76	-1.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GRAB vs. MVST - Sharpe Ratio Comparison

The current GRAB Sharpe Ratio is -0.43, which is lower than the MVST Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of GRAB and MVST, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GRAB	MVST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.43	0.28	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	-0.19	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	-0.32	-0.15	-0.18

Correlation

The correlation between GRAB and MVST is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GRAB vs. MVST - Dividend Comparison

Neither GRAB nor MVST has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

GRAB vs. MVST - Drawdown Comparison

The maximum GRAB drawdown since its inception was -86.46%, smaller than the maximum MVST drawdown of -99.34%. Use the drawdown chart below to compare losses from any high point for GRAB and MVST.

Drawdown Indicators

	GRAB	MVST	Difference
Max Drawdown Largest peak-to-trough decline	-86.46%	-99.34%	+12.88%
Max Drawdown (1Y) Largest decline over 1 year	-45.27%	-77.97%	+32.70%
Max Drawdown (5Y) Largest decline over 5 years	-86.46%	-98.91%	+12.45%
Current Drawdown Current decline from peak	-78.55%	-93.88%	+15.33%
Average Drawdown Average peak-to-trough decline	-66.96%	-62.48%	-4.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.65%	40.16%	-20.51%

Volatility

GRAB vs. MVST - Volatility Comparison

The current volatility for Grab Holdings Limited (GRAB) is 10.39%, while Microvast Holdings, Inc. (MVST) has a volatility of 46.99%. This indicates that GRAB experiences smaller price fluctuations and is considered to be less risky than MVST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GRAB	MVST	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.39%	46.99%	-36.60%
Volatility (6M) Calculated over the trailing 6-month period	27.41%	69.44%	-42.03%
Volatility (1Y) Calculated over the trailing 1-year period	45.26%	101.71%	-56.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.61%	186.88%	-126.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.31%	160.96%	-99.65%

Financials

GRAB vs. MVST - Profitability Comparison

The chart below illustrates the profitability comparison between Grab Holdings Limited and Microvast Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GRAB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Grab Holdings Limited reported a gross profit of 397.00M and revenue of 906.00M. Therefore, the gross margin over that period was 43.8%.

MVST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Microvast Holdings, Inc. reported a gross profit of 959.00K and revenue of 96.40M. Therefore, the gross margin over that period was 1.0%.

GRAB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Grab Holdings Limited reported an operating income of 95.00M and revenue of 906.00M, resulting in an operating margin of 10.5%.

MVST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Microvast Holdings, Inc. reported an operating income of -41.16M and revenue of 96.40M, resulting in an operating margin of -42.7%.

GRAB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Grab Holdings Limited reported a net income of 171.00M and revenue of 906.00M, resulting in a net margin of 18.9%.

MVST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Microvast Holdings, Inc. reported a net income of 16.54M and revenue of 96.40M, resulting in a net margin of 17.2%.