COMP <GO>

GRAB vs V // PIOTROSKI F-SCORE QUALITY

Grab Holdings Limited Class A (NASDAQ) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: GRAB 3 — V 11

▲ PIOTROSKI F-SCORE QUALITY LEADER: V

LAST: $2.71 (-1.81%) • MKT CAP: $11.32B

piotroski-score

8/9

LAST: $413.59 (+0.74%) • MKT CAP: $733.53B

piotroski-score

9/9

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (GRAB VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	GRAB	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	41.00%	0.00	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	9.90%	32.30%	-22.40	V	/roic <GO>
EV/EBITDA & P/E Valuation	21.0x	28.9x	-7.90	GRAB	/valuation <GO>
Free Cash Flow Yield	2.21%	2.90%	-0.69	V	/fcf-yield <GO>
Operating Margin	13.90%	60.00%	-46.10	V	/operating-margins <GO>
Net Profit Margin	10.90%	50.10%	-39.20	V	/net-margins <GO>
Revenue Growth (YoY)	5.50%	11.30%	-5.80	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.63%	-0.63	V	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.74	9.09	-5.35	V	/balance-sheet <GO>
Piotroski F-Score Quality ACTIVE	8/9	9/9	-1.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.70%	7.10%	-0.40	GRAB	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	33.9	69.4	-35.50	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.94	1.06	-0.12	V	/macro-sensitivity <GO>
Forward P/E Multiple	30.5x	34.0x	-3.50	GRAB	/forward-pe <GO>
Enterprise Scale & Market Cap	$11.32B	$733.53B	-$722.22B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	GRAB REV	V REV	GRAB GROSS %	V GROSS %	GRAB FCF	V FCF
FY 2025	—	$40.00B	—	44.0%	—	$21.26B
FY 2024	—	$35.93B	—	44.0%	—	$18.33B
FY 2023	—	$32.65B	—	44.0%	—	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

GRAB // BETA 0.94

V // BETA 1.06