Contrasting Spree Acquisition Corp. 1 (NYSE:SHAP) & Grab (NASDAQ:GRAB)

Grab (NASDAQ:GRAB) and Spree Acquisition Corp. 1 (NYSE:SHAP) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.

Analyst Recommendations

This is a breakdown of recent ratings for Grab and Spree Acquisition Corp. 1, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Grab	0	2	10	1	2.92
Spree Acquisition Corp. 1	0	0	0	0	0.00

Grab presently has a consensus target price of $5.62, indicating a potential upside of 26.35%. Given Grab’s stronger consensus rating and higher possible upside, research analysts plainly believe Grab is more favorable than Spree Acquisition Corp. 1.

Volatility and Risk

Grab has a beta of 0.88, meaning that its stock price is 12% less volatile than the S&P 500. Comparatively, Spree Acquisition Corp. 1 has a beta of -0.02, meaning that its stock price is 102% less volatile than the S&P 500.

Valuation and Earnings

This table compares Grab and Spree Acquisition Corp. 1″s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Grab	$2.80 billion	6.41	-$434.00 million	($0.02)	-222.50
Spree Acquisition Corp. 1	N/A	N/A	$4.35 million	N/A	N/A

Spree Acquisition Corp. 1 has lower revenue, but higher earnings than Grab.

Profitability

This table compares Grab and Spree Acquisition Corp. 1’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Grab	-3.72%	-1.63%	-1.21%
Spree Acquisition Corp. 1	N/A	-22.17%	6.72%

Insider & Institutional Ownership

55.5% of Grab shares are held by institutional investors. Comparatively, 9.9% of Spree Acquisition Corp. 1 shares are held by institutional investors. 3.6% of Grab shares are held by company insiders. Comparatively, 58.4% of Spree Acquisition Corp. 1 shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Grab beats Spree Acquisition Corp. 1 on 8 of the 12 factors compared between the two stocks.

About Grab

Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings. Grab Holdings Limited is headquartered in Singapore.

About Spree Acquisition Corp. 1

Spree Acquisition Corp. 1 Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the mobility-related technology businesses. The company was incorporated in 2021 and is based in Atlanta, Georgia.