(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

EPS (Earnings per Share)

EPS (Earnings per Share) of NU over the last years for every Quarter: "2020-09": -0.0803, "2020-12": -0.0367, "2021-03": -0.0111, "2021-06": -0.01, "2021-09": -0.01, "2021-12": -0.02, "2022-03": -0.01, "2022-06": -0.01, "2022-09": 0.01, "2022-12": 0.02, "2023-03": 0.04, "2023-06": 0.05, "2023-09": 0.07, "2023-12": 0.07, "2024-03": 0.09, "2024-06": 0.1, "2024-09": 0.11, "2024-12": 0.13, "2025-03": 0.12, "2025-06": 0.13, "2025-09": 0.16,

Revenue

Revenue of NU over the last years for every Quarter: 2020-09: 119.579, 2020-12: 153.444, 2021-03: 205.231, 2021-06: 290.178, 2021-09: 435.791, 2021-12: 581.348, 2022-03: 820.338, 2022-06: 1306.87, 2022-09: 1450.54, 2022-12: 1618.67, 2023-03: 1543.306, 2023-06: 1796.748, 2023-09: 2030.912, 2023-12: 2183.563, 2024-03: 2638.73, 2024-06: 2750.163, 2024-09: 2857.408, 2024-12: 2989.295, 2025-03: 3146.58, 2025-06: 3539.856, 2025-09: 4004.903,
Risk via 10d forecast
Volatility 38.6%
Value at Risk 5%th 59.5%
Relative Tail Risk -6.23%
Reward TTM
Sharpe Ratio 0.52
Alpha 2.44
Character TTM
Hurst Exponent 0.531
Beta 1.236
Beta Downside 1.544
Drawdowns 3y
Max DD 39.58%
Mean DD 10.33%
Median DD 7.36%

Description: NU Nu Holdings September 26, 2025

Nu Holdings Ltd. (NYSE:NU) operates a digital-banking platform across Brazil, Mexico, Colombia, the Cayman Islands, and the United States, delivering a suite of spending, transactional, investment, borrowing, and protection products through its Nu app.

Core spending solutions include the Nu credit and prepaid card, the premium Ultraviolet metal card, and Nubank+ Tier, which layers additional benefits onto the base offering. Mobile-first payment capabilities enable instant transfers, bill payments, and everyday purchases, while Nu Shopping aggregates e-commerce merchants into an integrated marketplace.

Transactional services span Nu Personal Accounts for individuals and Nu Business accounts (including prepaid and credit cards) for entrepreneurs, providing a full-service digital ledger for everyday financial activity.

On the wealth side, the company offers Money Boxes for goal-based investing, a conflict-free investment advisory product, and NuCrypto, which lets users buy and sell major cryptocurrencies directly within the app.

Borrowing products cover unsecured and secured personal loans, Pix financing for free instant peer-to-peer transfers, Boleto financing for bill payments, purchase- and cash-in financing, and NuPay for online checkout.

Protection services comprise NuInsurance (life, mobile, auto, home, and financial protection) and ancillary offerings such as NuTravel and NuCel, a mobile-phone service.

Founded in 2013 and headquartered in São Paulo, Nubank has grown to over 80 million customers (≈ 70 % in Brazil) and reported FY 2023 revenue of $2.1 bn, driven primarily by credit-card fees and loan interest margins. The business benefits from Brazil’s high inflation environment, which fuels demand for alternative credit and savings products, and from the broader Latin-American shift toward fintech-enabled banking, where digital-only banks now capture roughly 15 % of new account openings.

Analysts should watch the company’s net interest margin trajectory, customer acquisition cost trends, and the regulatory outlook for open-banking APIs in Brazil, as these factors materially affect profitability and scalability.

For a deeper quantitative assessment, you may find ValueRay’s detailed financial model and scenario analysis useful.

NU Stock Overview

Market Cap in USD 76,996m
Sub-Industry Diversified Banks
IPO / Inception 2021-12-09
Return 12m vs S&P 500 -1.24%
Analyst Rating 3.70 of 5

NU Dividends

Currently no dividends paid

NU Growth Ratios

Metric Value
CAGR 3y 55.82%
CAGR/Max DD Calmar Ratio 1.41
CAGR/Mean DD Pain Ratio 5.40
Current Volume 36011.8k
Average Volume 33323.9k

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 (-14.88b) to EBITDA (3.65b) ratio: -4.08 <= 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
(C) 0.06 = EBIT TTM 3.56b / Avg Total Assets 58.50b
(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) 91.61

1. Piotroski 4.0pt
2. FCF Yield 7.54%
3. FCF Margin 28.03%
4. Debt/Equity 0.23
5. Debt/Ebitda -4.08
6. ROIC - WACC (= 15.43)%
7. RoE 27.81%
8. Rev. Trend 98.53%
9. EPS Trend 93.04%

What is the price of NU shares?

As of November 25, 2025, the stock is trading at USD 15.92 with a total of 36,011,750 shares traded.
Over the past week, the price has changed by +2.05%, over one month by +0.51%, over three months by +11.88% and over the past year by +11.88%.

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 18.1 13.7%
Analysts Target Price 18.1 13.7%
ValueRay Target Price 20.9 31%

NU Fundamental Data Overview November 23, 2025

Market Cap USD = 77.00b (77.00b USD * 1.0 USD.USD)
P/E Trailing = 30.5577
P/E Forward = 19.1205
P/S = 12.105
P/B = 7.0351
Beta = 1.083
Revenue TTM = 13.68b USD
EBIT TTM = 3.56b USD
EBITDA TTM = 3.65b USD
Long Term Debt = 328.9m USD (from longTermDebt, last fiscal year)
Short Term Debt = 2.41b USD (from shortTermDebt, last quarter)
Debt = 2.44b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -14.88b USD (from netDebt column, last quarter)
Enterprise Value = 50.89b USD (77.00b + Debt 2.44b - CCE 28.54b)
Interest Coverage Ratio = 0.90 (Ebit TTM 3.56b / Interest Expense TTM 3.95b)
FCF Yield = 7.54% (FCF TTM 3.84b / Enterprise Value 50.89b)
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 = 0.74 (Enterprise Value 50.89b / Total Assets 68.36b)
Interest Expense / Debt = 52.37% (Interest Expense 1.28b / Debt 2.44b)
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 = 0.23 (Debt 2.44b / totalStockholderEquity, last quarter 10.55b)
Debt / EBITDA = -4.08 (Net Debt -14.88b / EBITDA 3.65b)
Debt / FCF = -3.88 (Net Debt -14.88b / 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 = 37.76% (EBIT 3.56b / Capital Employed (Equity 9.10b + L.T.Debt 328.9m))
RoIC = 25.67% (NOPAT 2.49b / Invested Capital 9.72b)
WACC = 10.25% (E(77.00b)/V(79.43b) * Re(10.57%) + (debt cost/tax rate unavailable))
Discount Rate = 10.57% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.24%
[DCF Debug] Terminal Value 63.24% ; FCFE base≈5.01b ; Y1≈3.74b ; Y5≈2.20b
Fair Price DCF = 7.49 (DCF Value 28.63b / Shares Outstanding 3.82b; 5y FCF grow -30.17% → 3.0% )
EPS Correlation: 93.04 | EPS CAGR: 113.0% | SUE: 1.09 | # QB: 1
Revenue Correlation: 98.53 | Revenue CAGR: 39.02% | SUE: -0.14 | # QB: 0

Additional Sources for NU Stock

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