Professional
Added to YB: 2024-01-24
Pitch date: 2024-01-24
NU [bullish]
Nu Holdings Ltd.
+86.95%
current return
Author Info
White Falcon Capital is a value-investing fund that aspires to buy and hold a collection of wonderful publicly listed businesses run by aligned and like-minded managers and owners. Follow on Twitter/X.
Company Info
Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.
Market Cap
$80.8B
Pitch Price
$9.04
Price Target
20.63 (+22%)
Dividend
N/A
EV/EBITDA
N/A
P/E
32.34
EV/Sales
N/A
Sector
Banks
Category
growth
White Falcon holding: Nu Holdings ($NU)
$NU: Revolutionizing LatAm banking w/ digital-only model. 89M clients (50% of Brazil) at <$7 CAC. 3 products/client, 25-30% lower delinq rates. Invests in growth but op leverage coming. At 21x fwd PE, could 2x to $20 on 25x target PE. White Falcon long.
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