(DLO) Dlocal - Ratings and Ratios
Pay-In, Pay-Out, Platform
Dividends
| Dividend Yield | 3.95% |
| Yield on Cost 5y | 1.70% |
| Yield CAGR 5y | % |
| Payout Consistency | 100.0% |
| Payout Ratio | 84.3% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 52.7% |
| Value at Risk 5%th | 72.9% |
| Relative Tail Risk | -15.96% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.62 |
| Alpha | 7.06 |
| CAGR/Max DD | 0.03 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.477 |
| Beta | 1.081 |
| Beta Downside | 1.128 |
| Drawdowns 3y | |
|---|---|
| Max DD | 68.59% |
| Mean DD | 34.92% |
| Median DD | 32.41% |
Description: DLO Dlocal November 09, 2025
DLocal Ltd (NASDAQ:DLO) operates a global payment-processing platform that enables merchants to accept pay-ins via international and local cards, bank transfers, direct debits, cash, and hundreds of alternative payment methods (APMs). Its complementary pay-out solution helps businesses disburse funds at scale, while the “dLocal for Platforms” suite offers end-to-end services for multi-sided marketplaces. The company serves a broad set of verticals-including commerce, streaming, ride-hailing, fintech, remittances, advertising, SaaS, travel, e-learning, on-demand delivery, gaming, and crypto-leveraging its Uruguay-based headquarters and a network of local acquiring partners.
According to the FY2023 earnings release, DLocal generated $1.1 billion in gross transaction volume (GTV), a 42 % YoY increase, and reported revenue of $224 million, up 39 % year-over-year, driven primarily by expanding merchant adoption in Latin America and Southeast Asia. The firm’s gross profit margin stabilized around 71 %, reflecting the high-margin nature of cross-border processing, while its net loss narrowed to $12 million as operating expenses grew more slowly than revenue. Key macro drivers include the rapid growth of e-commerce in emerging markets (projected to exceed 30 % CAGR through 2028) and the increasing regulatory push for local payment routing, which favors DLocal’s “local-first” model.
For a deeper quantitative dive, you might explore ValueRay’s analyst models on DLO to see how these trends translate into forward-looking valuation metrics.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (170.9m TTM) > 0 and > 6% of Revenue (6% = 57.6m TTM) |
| FCFTA 0.11 (>2.0%) and ΔFCFTA -1.52pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 42.63% (prev 52.31%; Δ -9.69pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 173.9m > Net Income 170.9m (YES >=105%, WARN >=100%) |
| Net Debt (-600.8m) to EBITDA (249.2m) ratio: -2.41 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.46 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (304.9m) change vs 12m ago 2.88% (target <= -2.0% for YES) |
| Gross Margin 38.60% (prev 38.48%; Δ 0.13pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 74.44% (prev 62.29%; Δ 12.15pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.76 (EBITDA TTM 249.2m / Interest Expense TTM 60.3m) >= 6 (WARN >= 3) |
Altman Z'' 4.78
| (A) 0.29 = (Total Current Assets 1.31b - Total Current Liabilities 897.8m) / Total Assets 1.41b |
| (B) 0.34 = Retained Earnings (Balance) 479.3m / Total Assets 1.41b |
| (C) 0.18 = EBIT TTM 226.5m / Avg Total Assets 1.29b |
| (D) 0.56 = Book Value of Equity 504.5m / Total Liabilities 904.1m |
| Total Rating: 4.78 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 86.98
| 1. Piotroski 5.0pt |
| 2. FCF Yield 4.92% |
| 3. FCF Margin 16.38% |
| 4. Debt/Equity 0.01 |
| 5. Debt/Ebitda -2.41 |
| 6. ROIC - WACC (= 27.67)% |
| 7. RoE 34.42% |
| 8. Rev. Trend 96.73% |
| 9. EPS Trend 63.25% |
What is the price of DLO shares?
Over the past week, the price has changed by -1.12%, over one month by -6.21%, over three months by -0.97% and over the past year by +23.95%.
Is DLO a buy, sell or hold?
- Strong Buy: 2
- Buy: 1
- Hold: 7
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the DLO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 17.3 | 30% |
| Analysts Target Price | 17.3 | 30% |
| ValueRay Target Price | 13.5 | 1.4% |
DLO Fundamental Data Overview December 05, 2025
P/E Trailing = 23.5714
P/E Forward = 15.7233
P/S = 4.0517
P/B = 7.7109
Beta = 1.101
Revenue TTM = 960.2m USD
EBIT TTM = 226.5m USD
EBITDA TTM = 249.2m USD
Long Term Debt = 2.86m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 1.15m USD (from shortTermDebt, last quarter)
Debt = 3.71m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -600.8m USD (from netDebt column, last quarter)
Enterprise Value = 3.19b USD (3.89b + Debt 3.71m - CCE 699.5m)
Interest Coverage Ratio = 3.76 (Ebit TTM 226.5m / Interest Expense TTM 60.3m)
FCF Yield = 4.92% (FCF TTM 157.3m / Enterprise Value 3.19b)
FCF Margin = 16.38% (FCF TTM 157.3m / Revenue TTM 960.2m)
Net Margin = 17.80% (Net Income TTM 170.9m / Revenue TTM 960.2m)
Gross Margin = 38.60% ((Revenue TTM 960.2m - Cost of Revenue TTM 589.5m) / Revenue TTM)
Gross Margin QoQ = 36.53% (prev 38.56%)
Tobins Q-Ratio = 2.27 (Enterprise Value 3.19b / Total Assets 1.41b)
Interest Expense / Debt = 108.7% (Interest Expense 4.04m / Debt 3.71m)
Taxrate = 15.35% (9.39m / 61.2m)
NOPAT = 191.8m (EBIT 226.5m * (1 - 15.35%))
Current Ratio = 1.46 (Total Current Assets 1.31b / Total Current Liabilities 897.8m)
Debt / Equity = 0.01 (Debt 3.71m / totalStockholderEquity, last quarter 504.5m)
Debt / EBITDA = -2.41 (Net Debt -600.8m / EBITDA 249.2m)
Debt / FCF = -3.82 (Net Debt -600.8m / FCF TTM 157.3m)
Total Stockholder Equity = 496.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.13% (Net Income 170.9m / Total Assets 1.41b)
RoE = 34.42% (Net Income TTM 170.9m / Total Stockholder Equity 496.6m)
RoCE = 45.35% (EBIT 226.5m / Capital Employed (Equity 496.6m + L.T.Debt 2.86m))
RoIC = 37.66% (NOPAT 191.8m / Invested Capital 509.2m)
WACC = 9.99% (E(3.89b)/V(3.89b) * Re(10.0%) + (debt cost/tax rate unavailable))
Discount Rate = 10.0% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 1.54%
[DCF Debug] Terminal Value 71.62% ; FCFE base≈153.8m ; Y1≈155.2m ; Y5≈167.6m
Fair Price DCF = 12.90 (DCF Value 2.14b / Shares Outstanding 165.7m; 5y FCF grow 0.47% → 3.0% )
EPS Correlation: 63.25 | EPS CAGR: 29.42% | SUE: 1.01 | # QB: 1
Revenue Correlation: 96.73 | Revenue CAGR: 41.79% | SUE: 1.13 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.19 | Chg30d=+0.005 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.87 | Chg30d=+0.020 | Revisions Net=+2 | Growth EPS=+22.4% | Growth Revenue=+27.9%
Additional Sources for DLO Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle