DLocal (MEX:DLON) EV-to-EBITDA: 11.90 (As of Aug. 09, 2026) — 46% Below Median

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MEX:DLON DLocal Ltd MEX:DLON
70 GF Score
Price MXN249.68
GF Value MXN320.83
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is DLocal EV-to-EBITDA?

DLocal MEX:DLON -1.31% 70 EV-to-EBITDA is 11.90 as of Aug. 09, 2026, which is 46% below its 10-year median of 21.91. GuruFocus rates MEX:DLON with a GF Score™ of 70/100 and a GF Value™ of MXN320.83 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,957 Software companies, DLocal ranks worse than 58.15% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, DLocal's enterprise value is MXN57,277 Mil. DLocal's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN4,812 Mil. Therefore, DLocal's EV-to-EBITDA for today is 11.90.

The historical rank and industry rank for DLocal's EV-to-EBITDA or its related term are showing as below:

MEX:DLON' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.03   Med: 21.91   Max: 329.72
Current: 12.68

During the past 7 years, the highest EV-to-EBITDA of DLocal was 329.72. The lowest was 8.03. And the median was 21.91.

MEX:DLON's EV-to-EBITDA is ranked worse than
58.15% of 1957 companies
in the Software industry
Industry Median: 10.48 vs MEX:DLON: 12.68

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-09), DLocal's stock price is MXN249.68. DLocal's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN11.545. Therefore, DLocal's PE Ratio (TTM) for today is 21.63.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


DLocal  (MEX:DLON) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

DLocal's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=249.68/11.545
=21.63

DLocal's share price for today is MXN249.68.
DLocal's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN11.545.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


DLocal EV-to-EBITDA Related Terms


DLocal EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for DLocal's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DLocal EV-to-EBITDA Chart

DLocal Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 114.06 33.93 25.03 17.40 14.55

DLocal Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.46 14.04 16.26 14.55 11.07

MEX:DLON vs BOX, NTSK, FOUR: EV-to-EBITDA Comparison

For the Software - Infrastructure subindustry, DLocal's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DLocal EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, DLocal's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where DLocal's EV-to-EBITDA falls into.


MEX:DLON
70GF Score
DLocal Ltd MEX:DLON
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DLocal EV-to-EBITDA Calculation

DLocal's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=57277.492/4812.495
=11.90

DLocal's current Enterprise Value is MXN57,277 Mil.
DLocal's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN4,812 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 11.90 mean?
DLocal (MEX:DLON) has a EV-to-EBITDA of 11.90 as of Aug. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on DLocal. This is 46% below median its historical median of 21.91. Over the past decade, DLocal's EV-to-EBITDA has ranged from 8.03 to 329.72. According to the industry distribution chart, DLocal ranks #1138 out of 1957 companies in the Software industry, placing it in the top 58.2%.
Is DLocal's EV-to-EBITDA too high?
DLocal's current EV-to-EBITDA of 11.90 is 46% below median its 10-year median of 21.91. Over the past 10 years, this metric has ranged from a low of 8.03 to a high of 329.72. The Software industry median EV-to-EBITDA is 10.48. DLocal's value of 11.90 is 13.5% above this industry median. Based on the distribution chart, DLocal ranks #1138 out of 1957 companies in the Software industry, which is below the industry midpoint. Overall, DLocal has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DLocal's EV-to-EBITDA compare to BOX and NTSK?
According to the Software industry distribution chart, DLocal ranks #1138 out of 1957 companies for EV-to-EBITDA. This places DLocal in the lower half of its industry. The industry median EV-to-EBITDA is 10.48. DLocal's value of 11.90 is 13.5% above this benchmark. Historically, DLocal's own EV-to-EBITDA has ranged from 8.03 to 329.72 over the past decade. While the company's 10-year median is 21.91 vs. the industry median of 10.48, DLocal has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.48, based on 1,957 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DLocal's current EV-to-EBITDA of 11.90 is 13.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on DLocal. For the Software industry, the median EV-to-EBITDA is 10.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLocal's current EV-to-EBITDA is 11.90, which is 46% below median its own 10-year median of 21.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLocal stock overvalued right now?
Based on GuruFocus' analysis, DLocal (MEX:DLON) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN320.83, compared to a current price of MXN249.68 — trading 22.2% below its estimated fair value. The current EV-to-EBITDA is 11.90, which is 46% below median its 10-year median of 21.91 and 13.5% above the Software industry median of 10.48. DLocal's overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For DLocal (MEX:DLON), the current EV-to-EBITDA is 11.90 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DLocal (MEX:DLON) Overvalued in 2026?

Based on GuruFocus' analysis, DLocal stock appears to be undervalued. The current stock price of MXN249.68 is trading 22.2% below its estimated GF Value™ of MXN320.83. GuruFocus considers DLocal to be Modestly Undervalued.

Key valuation signals for MEX:DLON:

  • EV-to-EBITDA: 11.90 (46% below median its 10-year median of 21.91)
  • GF Value™: MXN320.83 vs. price of MXN249.68 (22.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 13.5% above the Software median (#1138 of 1957)

No single metric tells the full story. See the MEX:DLON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DLocal Business Description

Other Exchanges DLO:USA86G:Germany
Address Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102
DLocal Ltd is focused on making the complex simple, redefining the online payment experience in emerging markets. Through its technology platform, One dLocal, the company enables world-wide enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The company earns revenue from fees charged to merchants in connection with payment processing services for cross-border and local payment transactions. The company operates in a single operating segment, which is payment processing. The company's geographical segments include Latin America and Non-Latin America, with a majority of its revenue being generated from Brazil in the Latin America region.
70GF Score

Get the complete analysis for MEX:DLON

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN249.68
Price
MXN320.83
GF Value