MVST vs. GRAB

Last updated Apr 2, 2026

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

Performance

MVST vs. GRAB - Performance Comparison

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

MVST vs. GRAB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MVST Microvast Holdings, Inc.	-47.86%	35.27%	47.86%	-8.50%	-72.97%	-66.90%	49.21%
GRAB Grab Holdings Limited	-26.45%	5.72%	40.06%	4.66%	-54.84%	-44.56%	8.16%

Fundamentals

Market Cap MVST : $492.65M GRAB : $16.25B
EPS MVST : -$0.09 GRAB : $0.06
PS Ratio MVST : 1.12 GRAB : 4.66
PB Ratio MVST : 1.20 GRAB : 2.42
Total Revenue (TTM) MVST : $427.52M GRAB : $3.37B
Gross Profit (TTM) MVST : $122.11M GRAB : $1.46B
EBITDA (TTM) MVST : -$57.51M GRAB : $421.00M

Returns By Period

In the year-to-date period, MVST achieves a -47.86% return, which is significantly lower than GRAB's -26.45% return.

MVST

• 1D: -2.67%
• 1M: -33.33%
• YTD: -47.86%
• 6M: -65.07%
• 1Y: -5.81%
• 3Y*: 5.60%
• 5Y*: -34.88%
• 10Y*: —

GRAB

• 1D: 0.27%
• 1M: -12.20%
• YTD: -26.45%
• 6M: -37.80%
• 1Y: -19.34%
• 3Y*: 6.83%
• 5Y*: -21.03%
• 10Y*: —

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

Return for Risk

MVST vs. GRAB — Risk / Return Rank

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

MVST

MVST Risk / Return Rank: 44
MVST Sharpe Ratio Rank: 37
MVST Sortino Ratio Rank: 45
MVST Omega Ratio Rank: 44
MVST Calmar Ratio Rank: 48
MVST Martin Ratio Rank: 47

GRAB

GRAB Risk / Return Rank: 23
GRAB Sharpe Ratio Rank: 21
GRAB Sortino Ratio Rank: 21
GRAB Omega Ratio Rank: 22
GRAB Calmar Ratio Rank: 27
GRAB Martin Ratio Rank: 24

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.

MVST vs. GRAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Microvast Holdings, Inc. (MVST) and Grab Holdings Limited (GRAB). 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.

	MVST	GRAB	Difference
Sharpe ratio Return per unit of total volatility	-0.06	-0.43	+0.37
Sortino ratio Return per unit of downside risk	0.66	-0.36	+1.01
Omega ratio Gain probability vs. loss probability	1.08	0.96	+0.12
Calmar ratio Return relative to maximum drawdown	0.32	-0.42	+0.74
Martin ratio Return relative to average drawdown	0.61	-0.96	+1.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MVST vs. GRAB - Sharpe Ratio Comparison

The current MVST Sharpe Ratio is -0.06, which is higher than the GRAB Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of MVST and GRAB, 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

	MVST	GRAB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.06	-0.43	+0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	-0.35	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	-0.32	+0.18

Correlation

The correlation between MVST and GRAB 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

MVST vs. GRAB - Dividend Comparison

Neither MVST nor GRAB has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

MVST vs. GRAB - Drawdown Comparison

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

Drawdown Indicators

	MVST	GRAB	Difference
Max Drawdown Largest peak-to-trough decline	-99.34%	-86.46%	-12.88%
Max Drawdown (1Y) Largest decline over 1 year	-77.97%	-45.27%	-32.70%
Max Drawdown (5Y) Largest decline over 5 years	-98.91%	-86.46%	-12.45%
Current Drawdown Current decline from peak	-94.04%	-78.49%	-15.55%
Average Drawdown Average peak-to-trough decline	-62.50%	-66.97%	+4.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.45%	19.84%	+20.61%

Volatility

MVST vs. GRAB - Volatility Comparison

Microvast Holdings, Inc. (MVST) has a higher volatility of 46.99% compared to Grab Holdings Limited (GRAB) at 10.25%. This indicates that MVST's price experiences larger fluctuations and is considered to be riskier than GRAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MVST	GRAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.99%	10.25%	+36.74%
Volatility (6M) Calculated over the trailing 6-month period	69.30%	27.40%	+41.90%
Volatility (1Y) Calculated over the trailing 1-year period	101.75%	45.26%	+56.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	186.88%	60.60%	+126.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	160.92%	61.29%	+99.63%

Financials

MVST vs. GRAB - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.