Overview Dividends

(NU) Nu Holdings - Ratings and Ratios

Exchange: NYSE • Country: Brazil • Currency: USD • Type: Common Stock • ISIN: KYG6683N1034

Credit Card Digital Account Personal Loan Crypto Trading Insurance

Diversified Banks
Market Cap in USD: 81,212m

IPO / Inception: 2021-12-09
Return 12m vs S&P 500: 39.0%

EPS (Earnings per Share)

EPS CAGR: 62.71%
EPS Trend: 94.5%

Last SUE: 1.13
Qual. Beats: 1

Revenue

Rev. CAGR: 67.30%
Rev. Trend: 94.2%

Last SUE: -0.14
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	38.9%
Value at Risk 5%th	59.4%
Relative Tail Risk	-7.14%

Reward TTM
Sharpe Ratio	1.24
Alpha	40.57
CAGR/Max DD	1.54

Character TTM
Hurst Exponent	0.566
Beta	1.182
Beta Downside	1.408

Drawdowns 3y
Max DD	39.58%
Mean DD	9.97%
Median DD	6.83%

Description: NU Nu Holdings December 03, 2025

Nu Holdings Ltd. (NYSE:NU) operates a fully digital banking ecosystem across Brazil, Mexico, Colombia, the Cayman Islands and the United States. Its product suite spans consumer-focused cards (Nu credit/prepaid, Ultraviolet premium metal card), mobile-first payment tools (instant transfers, bill pay, NuPay), a marketplace (Nu Shopping), and a range of financial services including personal and business accounts, goal-based investing (Money Boxes), crypto trading (NuCrypto), unsecured/secured loans, and insurance and ancillary services such as travel and mobile plans.

Key metrics that illustrate the company’s scale and growth trajectory include: • ~ 80 million total customers (≈ 70 million in Brazil alone) as of Q3 2024, reflecting a 30 % YoY increase in active users. • Revenue of $1.58 billion in FY 2023, up 38 % YoY, driven largely by higher loan-interest income and fee-based services. • Net profit margin expanding to 13 % in FY 2023, supported by a 45 % rise in credit-card spend and strong adoption of Pix-based financing, which benefits from Brazil’s open-banking reforms and the country’s 70 %+ smartphone penetration.

Macro-level drivers that could affect Nu’s outlook are Brazil’s persistent un-banked population (≈ 30 % of adults) and the rapid diffusion of instant-payment infrastructure (Pix), both of which create tailwinds for digital-only banks. Additionally, the recent tightening of Brazilian interest rates has boosted net interest income on the firm’s loan portfolio, while competitive pressure from traditional banks and emerging fintechs remains a material risk.

For a deeper, data-driven look at Nu Holdings’ valuation and scenario analysis, the ValueRay platform offers a concise, model-ready overview.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (2.53b TTM) > 0 and > 6% of Revenue (6% = 820.8m TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA -8.33pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -45.11% (prev -4.19%; Δ -40.92pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 4.04b > Net Income 2.53b (YES >=105%, WARN >=100%)

Net Debt (-14.20b) to EBITDA (3.65b) ratio: -3.89 <= 3.0 (WARN <= 3.5)

Current Ratio 0.88 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (4.91b) change vs 12m ago 0.32% (target <= -2.0% for YES)

Gross Margin 43.05% (prev 50.74%; Δ -7.69pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 23.39% (prev 21.44%; Δ 1.94pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.90 (EBITDA TTM 3.65b / Interest Expense TTM 3.95b) >= 6 (WARN >= 3)

Altman Z'' 0.18

(A) -0.09 = (Total Current Assets 47.26b - Total Current Liabilities 53.43b) / Total Assets 68.36b

(B) 0.08 = Retained Earnings (Balance) 5.49b / Total Assets 68.36b

(D) 0.10 = Book Value of Equity 5.49b / Total Liabilities 57.81b

Total Rating: 0.18 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 91.01

1. Piotroski 4.0pt

2. FCF Yield 6.88%

3. FCF Margin 28.03%

4. Debt/Equity 0.30

5. Debt/Ebitda -3.89

6. ROIC - WACC (= 14.63)%

7. RoE 27.81%

8. Rev. Trend 94.23%

9. EPS Trend 94.52%

What is the price of NU shares?

As of December 25, 2025, the stock is trading at USD 16.74 with a total of 7,272,788 shares traded.
Over the past week, the price has changed by +5.55%, over one month by +5.15%, over three months by +4.56% and over the past year by +61.43%.

Is NU a buy, sell or hold?

Nu Holdings has received a consensus analysts rating of 3.70. Therefor, it is recommend to hold NU.

Strong Buy: 7
Buy: 4
Hold: 7
Sell: 0
Strong Sell: 2

What are the forecasts/targets for the NU price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	19.2	14.8%
Analysts Target Price	19.2	14.8%
ValueRay Target Price	24	43.2%

NU Fundamental Data Overview December 25, 2025

Market Cap USD = 81.21b (81.21b USD * 1.0 USD.USD)
P/E Trailing = 32.2308
P/E Forward = 20.8768
P/S = 12.7678
P/B = 7.6964
Beta = 1.078
Revenue TTM = 13.68b USD
EBIT TTM = 3.56b USD
EBITDA TTM = 3.65b USD
Long Term Debt = 1.22b USD (from longTermDebt, last quarter)
Short Term Debt = 1.87b USD (from shortTermDebt, last quarter)
Debt = 3.12b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -14.20b USD (from netDebt column, last quarter)
Enterprise Value = 55.79b USD (81.21b + Debt 3.12b - CCE 28.54b)
Interest Coverage Ratio = 0.90 (Ebit TTM 3.56b / Interest Expense TTM 3.95b)
FCF Yield = 6.88% (FCF TTM 3.84b / Enterprise Value 55.79b)
FCF Margin = 28.03% (FCF TTM 3.84b / Revenue TTM 13.68b)
Net Margin = 18.49% (Net Income TTM 2.53b / Revenue TTM 13.68b)
Gross Margin = 43.05% ((Revenue TTM 13.68b - Cost of Revenue TTM 7.79b) / Revenue TTM)
Gross Margin QoQ = 43.74% (prev 42.31%)
Tobins Q-Ratio = 0.82 (Enterprise Value 55.79b / Total Assets 68.36b)
Interest Expense / Debt = 40.91% (Interest Expense 1.28b / Debt 3.12b)
Taxrate = 29.89% (333.6m / 1.12b)
NOPAT = 2.49b (EBIT 3.56b * (1 - 29.89%))
Current Ratio = 0.88 (Total Current Assets 47.26b / Total Current Liabilities 53.43b)
Debt / Equity = 0.30 (Debt 3.12b / totalStockholderEquity, last quarter 10.55b)
Debt / EBITDA = -3.89 (Net Debt -14.20b / EBITDA 3.65b)
Debt / FCF = -3.70 (Net Debt -14.20b / FCF TTM 3.84b)
Total Stockholder Equity = 9.10b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.70% (Net Income 2.53b / Total Assets 68.36b)
RoE = 27.81% (Net Income TTM 2.53b / Total Stockholder Equity 9.10b)
RoCE = 34.48% (EBIT 3.56b / Capital Employed (Equity 9.10b + L.T.Debt 1.22b))
RoIC = 25.67% (NOPAT 2.49b / Invested Capital 9.72b)
WACC = 11.05% (E(81.21b)/V(84.33b) * Re(10.37%) + D(3.12b)/V(84.33b) * Rd(40.91%) * (1-Tc(0.30)))
Discount Rate = 10.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.28%
[DCF Debug] Terminal Value 63.97% ; FCFE base≈5.01b ; Y1≈3.74b ; Y5≈2.20b
Fair Price DCF = 7.68 (DCF Value 29.34b / Shares Outstanding 3.82b; 5y FCF grow -30.17% → 3.0% )
EPS Correlation: 94.52 | EPS CAGR: 62.71% | SUE: 1.13 | # QB: 1
Revenue Correlation: 94.23 | Revenue CAGR: 67.30% | SUE: -0.14 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.19 | Chg30d=+0.011 | Revisions Net=+3 | Analysts=5
EPS next Year (2026-12-31): EPS=0.84 | Chg30d=+0.024 | Revisions Net=+9 | Growth EPS=+42.6% | Growth Revenue=+31.8%

Additional Sources for NU Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle