Added to YB: 2025-11-11
Pitch date: 2025-11-07
DLO [bullish]
DLocal Limited
+1.87%
current return
Author Info
HatedMoats identifies hated moats. I buy companies when the market panics. Contrarian investor focused on quality, value & long-term growth. Sign up for the newsletter.
Company Info
DLocal Limited, together with its subsidiaries, operates a payment processing platform worldwide. The company offers a robust pay-in solution that allows businesses to get paid for their products and services through various payment methods, including international and local cards, online bank transfers, direct debit, cash, and hundreds of alternative payment methods (APMs).
Market Cap
$3.7B
Pitch Price
$13.87
Price Target
22.49 (+59%)
Dividend
N/A
EV/EBITDA
14.93
P/E
22.79
EV/Sales
3.25
Sector
Financial Services
Category
value
dLocal (DLO): DCF Valuation
DLO: DCF shows $22.49 intrinsic value vs $13.38 current price (~40.5% margin of safety). Payments platform in emerging markets w/ 21.4% EBIT margin, capital-light model generating >40% ROIC. Bull case $29.5, bear $16.4. Market pricing perpetual FCF decline despite growth runway.
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