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Company Analysis

DLocal Limited DLO

A comprehensive view of key metrics, scores, and financial health for DLocal Limited

Overview of DLocal Limited

DLO NMS
Technology Software - Infrastructure Framework: Software & SaaS Mid Cap
DLocal Limited (DLO), is a Mid Cap company, in the Software - Infrastructure industry, last closed at $14.95, about 9.0% undervalued vs fair value, +8.9% 1Y return, ranked 212/780 in sector.
Metrics P/E 21.7× Rev Growth 46.6% ROE 37.2% Gross Margin 36.8% Div Yield 3.60%
USD 14.95
-3.67%
(Delayed)
• Vol 90d: 49.8%
52-Week Range
Market Cap
$4.28B
Enterprise Value
$3.40B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Good
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Good
Completeness: 94%
Confidence: 61%
Updated: Sep 12
Top Beats

Quick Facts

Website https://www.dlocal.com
HQ Montevideo
Employees 1,095
Fiscal year Dec 31

Next Events

Earnings Nov 11 Estimated

Fair Value Snapshot

Bear Base Bull
$15
$16
$18
Current: $14.95 +9% vs base

Engine Room Money Flow™

Mid Cap

Software & SaaS - Where revenue goes and how value is created

Flow Steps
Total Revenue
$1.1B
46.6%%
Gross Profit
$402.8M
36.7%%
Operating Income (GAAP)
$222.1M
57.6%%
Operating Cash Flow
$415.5M
1367.3%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Software & SaaS

Quality & Reliability Indicators

Gross Margin
36.8%
Fair

Gross Profit / Revenue — pricing power and product moat (SaaS benchmark: >70%)

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$150.0M
39.6% of FCF

Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
0
Active Leaks
0/0
Improving
0
High Impact
0
Critical
Moat Analysis Software & SaaS Specialized

Competitive Advantage Assessment

Evaluating DLocal Limited's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
71
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • R&D Reinvestment Supports Growth R&D commitment is strong relative to peers (score 0.85).
  • Asset-Light Returns Return profile is strong (score 0.90), supporting a capital-efficient model.

Key risks

  • Lumpy Revenue Trajectory Revenue consistency is weak (score 0.26), suggesting demand may be less recurring than peers.
  • FCF Trend Is Softening FCF trend is weak (score 0.21), suggesting cash scalability is deteriorating.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
60
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Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Software SaaS vs Industry Peers 94% Coverage
Trade-Off Triangle Visualization A ternary plot showing DLO's balance between Growth (34.7%), Profitability (33.6%), and Safety (31.7%). Growth 35% Safety 32% Profitability 34%

Click axes to expand details. Marker shows current allocation.

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Growth

79th percentile vs peers
80
Key Signals
Rev Growth YoY 46.6% 88p Revenue CAGR 3Y 37.7% 89p TSR 30.1% 74p EPS Growth YoY 65.3% 66p Buyback % 3.3% 42p
Strengths
  • Rev Growth YoY in top 20% of peers (46.6%, 88th percentile)
  • Revenue CAGR 3Y in top 20% of peers (37.7%, 89th percentile)
  • Rule of 40 in top 20% of peers (81.2%, 94th percentile)
  • FCF Margin in top 20% of peers (34.6%, 94th percentile)
  • Cash Flow to Debt Ratio in top 20% of peers (3.13, 89th percentile)
Risks

No significant risks identified for this axis.

Profitability

77th percentile vs peers
77
Key Signals
Strengths
Risks
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Safety

72th percentile vs peers
72
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for DLocal Limited.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$16.29
- - -
+9.0% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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