QualityDipStocks / Consumer Discretionary · Business Services
DLocal DLO
Outside our quality screen, so we don’t track its dips. It’s 16% below its 52-week high.
Outside our quality screen. No fair value estimate for now: the model’s result is too extreme to stand behind.
- Fair value est.
- n/a
- Market Value
- —
- Off 52-wk high
- −16%
- Risk vs market
- Highbeta 1.69
5 bullish · 5 bearish See why
Repriced or dip?
Dip: business intact
The price is 16% below its 52-week high (Sep 3), but the business held up: shares outstanding unchanged, operating margin 0.0 pts, free cash flow 0.0%.
Some numbers held up (shares outstanding unchanged, operating margin 0.0 pts, free cash flow 0.0%), others slipped. The price is 16% below its 52-week high.
The price is 16% below its 52-week high, and the business changed too.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 8 numbers, high vs now
- Revenue, last 12 months$1.1B → $1.1B (0.0%)about the same
- Earnings per share, 12 months$0.65 → $0.65 (0.0%)about the same
- Free cash flow, 12 months$413M → $413M (0.0%)held up
- Operating margin20.1% → 20.1% (0.0 pts)held up
- Shares outstanding0.0% (unchanged)held up
- Stock vs its sector (Consumer Discretionary)stock −16%, sector median +2% since Sep 3about the same
- Price fall vs business numbersprice −16%, revenue/EPS/FCF median 0% (shown, not scored)
- Valuation multipleP/FCF 11.5× at the high → 9.7× now (shown, not scored)
No new report since the high (Sep 3, 2026): the business numbers are the same as then, so this read is capped at 65. Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Priced in
How much growth the market assumed at the 52-week high, the low and today (a reverse DCF).
At the high ($15.78, Sep 3) the price assumed about −3%/yr free-cash-flow growth; at the low ($11.01, May 15) about −9%; today about −6%. The last 3 years delivered 39%/yr (free cash flow).
Dashed line: what the last 3 years delivered, 39%/yr (free cash flow)
| High | Low | Now | |
|---|---|---|---|
| Price | $15.78Sep 3 | $11.01May 15 | $13.24 |
| Implied growth | −3% | −9% | −6% |
| P/E | 24.2× | 16.9× | 20.3× |
| P/FCF | 11.5× | 8.0× | 9.7× |
What this means: the higher the implied growth, the more the price already counts on. If today's number sits well below what the business has delivered, the market expects less than its track record.
How it’s computed
Reverse DCF: the same 10-year free-cash-flow model as our fair value estimate (9.5% discount rate, growth for years 1–5 fading to 3% by year 10, 3% after), solved for the growth that makes it equal the market value at each price. For the high and the low we use only the filings that were public on that day, so nothing from a later report leaks back. Market value = that close × diluted shares. P/E = market value / 12-month net income; Price / FCF = market value / 12-month free cash flow; EV / Sales = (market value + debt − cash) / 12-month revenue. Hidden when the share count moved over 20% (split, merger), free cash flow is negative, or the company reports in another currency.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
Estimate unreliable for DLO: the model gives 219% above the price, more than we can stand behind (usually peak-cycle cash flow, heavy debt, or cash flows that include customer or loan balances). We’d rather show nothing than a made-up number.
What the price implies To be worth today’s price, DLO’s free cash flow would need to shrink about 6% a year for five years; our estimate uses 15%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much DLO moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 3.5× the S&P 500’s.
- Beta vs S&P 500
- 1.69
- Volatility
- 44% vs 13% SPY
- Correlation SPY
- 0.49
- Correlation QQQ
- 0.38
How it ranks
Where DLO stands vs every one of the 1,996 stocks we cover that has the number. Longer bar = better.
Top quarter on 2 of 4 measures
- Free cash flow yield10% · free cash flow vs market capTop 10%of 1,391
- Dividends + buybacks yield3.8% · cash paid out or used to retire shares, vs market capTop 38%of 1,836
- Revenue growth, last 12 months+47% · vs the 12 months beforeTop 8%of 1,814
- Operating margin20% · of sales kept as operating profitTop 28%of 1,288
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
FCF value $29.71
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
ValuationFree-cash-flow yield of 10.3% (price / FCF 9.7×): $413M of free cash in the last 12 months.
GrowthSales grew 47% to $1.1B over the last 12 months vs the 12 months before (SEC filings).
GrowthDiluted EPS grew 67% to $0.65 in FY2025.
GrowthSales compounded 38% a year from FY2022 to FY2025.
ProfitabilityReturn on equity of 37% over the last 12 months.
Top bearish points 5 of 5
ProfitabilityOperating margin narrowed to 20.1% in FY2025 from 27.6% in FY2023 (SEC filings).
ProfitabilityGross margin narrowed to 36.8% in FY2025 from 42.6% in FY2023 (SEC filings).
Cash returnsDividends take 76% of earnings ($150M paid over 12 months), leaving little to reinvest or raise the payout.
RiskReports earnings Nov 12 (consensus EPS $0.22): results can move the price sharply and reset Market Value.
RiskSwings hard: beta 1.69 vs the S&P 500 and 44% yearly volatility (SPY 13%).
All fundamentals
P/E 20.3 · FCF yield 10.3% · ROE 37%
Valuation
- P/E
- 20.3×Consumer Discretionary median 20.7×
- Price / FCF
- 9.7×
- FCF yield
- 10.3%
- EV / EBITDA
- n/aD&A or debt not tagged in SEC data
- Price / sales
- 3.65×
- Price / book
- 7.02×
- Market cap
- $4.0Bprice × diluted shares
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- $1.1B
- Sales growth, 12 months
- +46.6%vs the 12 months before
- Sales growth, 3 yrs
- +37.7%/yrfrom FY2022
- Diluted EPS, 12 months
- $0.65
- EPS growth, last FY
- +66.7%
- Net income, 12 months
- $197M
- Net income growth
- +63%12 months vs before
Profitability
- Gross margin
- 36.8%
- Operating margin
- 20.1%
- Net margin
- 18.0%
- FCF margin
- 37.8%
- Return on equity
- 37%
- Return on invested capital
- n/aoperating income, debt, equity or cash not tagged
Balance sheet
- Cash & short-term inv.
- $720M
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/acash or debt not tagged in SEC data
- Debt / equity
- n/adebt or equity not tagged in SEC data
- Interest coverage
- 7.9×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $413M
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 3.75%$150M paid
- Payout ratio
- 76%
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Dec 31, 2025; balance sheet at Dec 31, 2025. From DLocal’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $0.3B · Sales +56%
- Free cash flow, 12 months$0.3B
- Free-cash-flow yield10.3%
- Free-cash-flow margin26%
- Gross margin34%
- Operating margin16%
- Return on equity41%
- Sales growth (latest quarter vs year-ago quarter)+56%
- Net debt / EBITDA−3.1×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $13.24
- 52-wk lowlowest close, 1 year$11.01−16.8%
- PriceMon Nov 2 close$13.24you are here
- 52-wk highhighest close, 1 year$15.78+19.2%
Momentum & 52-week range
RSI 35 · 5 days −8.3%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Next report
Nov 12
- DateThu Nov 12, after the close
- Consensus EPS$0.22
- Year-ago EPS$0.17
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
DLO is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on DLocal in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Business Services
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.