Nu Holdings Ltd - Ordinary Shares Class A

Nu Holdings Ltd - Ordinary Shares Class A

NU

Market Cap$63.24B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Nu Holdings Ltd - Ordinary Shares Class ANu Holdings Ltd - Ordinary Shares Class A41.4-23%13.50.3

Earnings Call Q3 2024

November 13, 2024 - AI Summary

Robust Customer Growth: Nu Holdings reached a total of 110 million customers, reflecting a 56% increase in customer count compared to two years ago. Notable growth was observed in Brazil, with the customer base surpassing 100 million and in Mexico with 1.2 million net ads during the quarter.
Strong Financial Performance: Revenue reached $2.9 billion, up 56% year-over-year, with gross profit amounting to $1.3 billion (67% YoY growth) and an adjusted net income of $592 million, marking an 89% increase YoY. Net income grew 107% to $553 million, translating to a net income margin of 19%.
Risk-Adjusted Net Interest Margin (NIM): NIM experienced a decline due to a mix shift towards more secure lending products and increased funding costs, particularly in Mexico and Colombia. The management expressed confidence in future expansions in loan-to-deposit ratios to offset this decline and enhance profitability.

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$23.08

Current Fair Value

70.4% upside

Undervalued by 70.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$63.24 Billion
Enterprise Value$57.61 Billion
Dividend Yield$0 (0%)
Earnings per Share$0.22
Beta1.16
Outstanding Shares4,788,239,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio41.4
PEG50.12
Price to Sales13.54
Price to Book Ratio13.54
Enterprise Value to Revenue6.61
Enterprise Value to EBIT22.26
Enterprise Value to Net Income32
Total Debt to Enterprise0.03
Debt to Equity0.26

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Nu Holdings Ltd