{
  "id": 18246745,
  "title": "Grab’s Singapore, Malaysia businesses worth more than share price: DBS",
  "url": "https://urgent.news/2026/11/05/grabs-singapore-malaysia-businesses-worth-more-than-share-price-dbs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T04:00:00.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/grabs-singapore-malaysia-businesses-worth-more-share-price-dbs"
  },
  "original_language": "en",
  "account": "DBS Group Research believes Grab's businesses in Singapore and Malaysia are worth more than the company's current share price, suggesting the recent share price decline may be overstated. The research house estimated Grab's operations in Singapore and Malaysia to be worth about US$3.07 per share, which is roughly 6% higher than the current share price of around US$2.90. This valuation does not include Grab's operations in Indonesia, Vietnam, the Philippines, and Thailand. DBS analyst Sachin Mittal calculated that the combined value of Singapore, Malaysia, and net cash is US$3.23 per share, surpassing Grab's share price. Singapore and Malaysia contribute to an estimated 58% of Grab's forecasted revenue for FY2027 and half of its adjusted earnings before interest, taxes, depreciation, and amortisation (Ebitda).",
  "summary": "However, Macquarie Equity Research takes a more cautious view, lowering its target price by 8%",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}