Valuation
26% of the score
61median 13
DLocal Limited is valued at 14.9x its operating profit, including debt: an ordinary multiple.
25x
20x
15x
10x
6x
14.9x
Full points at 6x or less, none from 25xfull points
DLODLocal Limited
$13.82+5.2% 1Y
$13.82
$10.8352 weeks$15.78
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 83 out of 100, Strong
Today's price. Only valuation depends on it.
Strong. DLocal Limited scores higher than 97% of the 1,794 companies Ryufin scores.
Carried by return on capital and return on new capital, with nothing holding it far back.
Technology median 43 · all companies 50
Return on capital
18% of the score
100median 34
Customers and suppliers fund the business: it runs on no capital of its own.
Return on new capital
16% of the score
100median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 15 cents. It did so while using less capital than before.
-5%
12%
15%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
69median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 1.2% a year over 5 years: new shares
485%
-3%
1.2%
0 pointsfull points
Assets against salesAssets grew 50% a year, sales 60%
10012%
-2%
-9.7%
0 pointsfull points
Cycle position
12% of the score
100median 62
Today's operating margin of 20% is 0.68x its normal 29%: near a trough. Normal is half the 7 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
0.7x
A trough earns points, a peak costs themfull points
7 years agonow 20%
Balance sheet
8% of the score
68median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDAMore cash than debt
100Interest coverOperating profit covers interest 5x
361.5x
12x
5.3x
0 pointsfull points
Earnings quality
6% of the score
100median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 1.45x profit over 3 years
1000.7x
1x
1.3x
1.4x
0 pointsfull points
AccrualsCash ran ahead of profit by 16.1% of assets
1008%
0%
-8%
-16%
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2025-12-31, latest annual report FY2025.
Software, Infrastructure
Ranks #3 of 59 by RyuScore