| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 6/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
DLO Overview
DLocal Limited operates a payments platform worldwide.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$66.51 |
| 52 Week High | US$29.57 |
| 52 Week Low | US$73.43 |
| Beta | 0 |
| 1 Month Change | 5.37% |
| 3 Month Change | 39.17% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 105.34% |
Recent News & Updates
dLocal: Solid Story, Steep Valuation
dLocal is a fintech company that offers large enterprises a simple solution to expanding their core businesses to emerging markets. The company is offering a unique solution that is drawing some of the largest companies to its platform, as Amazon, Google, and Microsoft are customers. DLO generated $104 million in Q1 of 2021, representing 88% year-over-year growth. In this article, I will provide a deep dive on dLocal's business, illustrating the stock's intrinsic value is ~$30.
Shareholder Returns
| DLO | US IT | US Market | |
|---|---|---|---|
| 7D | 2.1% | 1.4% | 0.1% |
| 1Y | n/a | 27.9% | 35.3% |
Return vs Industry: Insufficient data to determine how DLO performed against the US IT industry.
Return vs Market: Insufficient data to determine how DLO performed against the US Market.
Price Volatility
| DLO volatility | |
|---|---|
| DLO Beta | 0 |
| Industry Beta | 1.18 |
| Market Beta | 1 |
Stable Share Price: DLO is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: Insufficient data to determine DLO's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 365 | Sebastian Kanovich | https://www.dlocal.com |
DLocal Limited operates a payments platform worldwide. Its platform enables enterprise merchants to connect with consumers in emerging markets, accept payments, send payouts, and settle funds. The company serves customers in various industries, such as SaaS, shared economy and marketplaces, online retail, digital media, financial services, and travel and tourism.
DLocal Fundamentals Summary
| DLO fundamental statistics | |
|---|---|
| Market Cap | US$19.48b |
| Earnings (TTM) | US$54.85m |
| Revenue (TTM) | US$164.72m |
355.2x
P/E Ratio118.3x
P/S RatioIs DLO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DLO income statement (TTM) | |
|---|---|
| Revenue | US$164.72m |
| Cost of Revenue | US$70.11m |
| Gross Profit | US$94.61m |
| Expenses | US$39.76m |
| Earnings | US$54.85m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 57.44% |
| Net Profit Margin | 33.30% |
| Debt/Equity Ratio | 0% |
How did DLO perform over the long term?
See historical performance and comparisonValuation
Is DLocal undervalued compared to its fair value and its price relative to the market?
355.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DLO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DLO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DLO is poor value based on its PE Ratio (355.2x) compared to the US IT industry average (34.9x).
PE vs Market: DLO is poor value based on its PE Ratio (355.2x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: DLO is poor value based on its PEG Ratio (6.6x)
Price to Book Ratio
PB vs Industry: DLO is overvalued based on its PB Ratio (83.6x) compared to the US IT industry average (5.2x).
Future Growth
How is DLocal forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
53.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DLO's forecast earnings growth (53.6% per year) is above the savings rate (2%).
Earnings vs Market: DLO's earnings (53.6% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DLO's revenue (36.2% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: DLO's revenue (36.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DLO's Return on Equity is forecast to be very high in 3 years time (41.5%).
Past Performance
How has DLocal performed over the past 5 years?
150.9%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: DLO has high quality earnings.
Growing Profit Margin: DLO's current net profit margins (33.3%) are higher than last year (27.5%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if DLO's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare DLO's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: DLO earnings growth over the past year (150.9%) exceeded the IT industry 28%.
Return on Equity
High ROE: DLO's Return on Equity (23.6%) is considered high.
Financial Health
How is DLocal's financial position?
Financial Position Analysis
Short Term Liabilities: DLO's short term assets ($443.0M) exceed its short term liabilities ($256.4M).
Long Term Liabilities: DLO's short term assets ($443.0M) exceed its long term liabilities ($4.3M).
Debt to Equity History and Analysis
Debt Level: DLO is debt free.
Reducing Debt: DLO has not had any debt for past 5 years.
Debt Coverage: DLO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DLO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is DLocal current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DLO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DLO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DLO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DLO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DLO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Sebastian Kanovich (30 yo)
no data
Tenure
Mr. Sebastian Kanovich has been the Chief Executive Officer of Dlocal Llp since its inception in January 2016 and serves as its Director. Mr. Kanovich serves as Chief Executive Officer at Dlocal Limited an...
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: DLO only recently listed within the past 12 months.
Top Shareholders
Company Information
DLocal Limited's employee growth, exchange listings and data sources
Key Information
- Name: DLocal Limited
- Ticker: DLO
- Exchange: NasdaqGS
- Founded: 2016
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$19.482b
- Shares outstanding: 292.92m
- Website: https://www.dlocal.com
Number of Employees
Location
- DLocal Limited
- Dr. Luis Bonavita 1294
- Suite 1294
- Montevideo
- 11300
- Uruguay
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/25 22:07 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.