Added to YB: 2024-06-14
Pitch date: 2024-06-13
DLO [bullish]
DLocal Limited
+95.53%
current return
Author Info
Steve Wagner provides in-depth analysis of my favorite individual companies. 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
$7.23
Price Target
21.20 (+50%)
Dividend
N/A
EV/EBITDA
14.93
P/E
22.79
EV/Sales
3.25
Sector
Financial Services
Category
value
Is DLocal Still a Buy?
DLO: Attractive value play post-selloff. Rising TPV, conservative 10yr 10% GP growth + stable margins = $13.80 FV, 15% = $21.20. 10% FCF yield, 7x GP. $680M net cash. Execution risk mitigated by new CEO. Buybacks strategic. High risk/reward.
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