Valuation XP Inc. Buenos Aires S.E.

Stocks

End-of-day quote Buenos Aires S.E. 12/11/2026			5-day change	1st Jan Change
6,300.00 ^ARS	-1.10%		+1.78%	-0.32%

11-05	UBS Adjusts XP Price Target to $23 From $37, Maintains Buy Rating	MT
10-29	Morgan Stanley Downgrades XP to Equalweight, Price Target is $19	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	89,601	45,438	69,332	39,358	47,627	42,904	-	-
Change	-	-49.29%	52.59%	-43.23%	21.01%	-9.92%	-	-
Enterprise Value (EV) ¹	117,991	50,579	74,964	42,913	37,509	19,333	18,907	19,681
Change	-	-57.13%	48.21%	-42.76%	-12.59%	-48.46%	-2.2%	4.09%
P/E	25.6x	13x	17.7x	8.9x	9.28x	7.72x	6.93x	6.16x
PBR	6.22x	2.64x	3.57x	1.97x	2.06x	1.7x	1.55x	1.42x
PEG	-	-92.46x	1.2x	0.6x	0.5x	0.6x	0.6x	0.5x
Capitalization / Revenue	7.42x	3.4x	4.67x	2.3x	2.59x	2.14x	1.93x	1.74x
EV / Revenue	9.77x	3.79x	5.04x	2.51x	2.04x	0.96x	0.85x	0.8x
EV / EBITDA	28.2x	12.4x	15.8x	7.19x	5.98x	2.84x	2.51x	2.29x
EV / EBIT	29.8x	13.1x	16.7x	7.52x	6.28x	2.99x	2.59x	2.46x
EV / FCF	-27x	30.2x	9.45x	3.96x	3.17x	2.79x	1.22x	1.67x
FCF Yield	-3.71%	3.32%	10.6%	25.3%	31.6%	35.8%	81.8%	59.9%
Dividend per Share ²	-	-	6.459	3.774	-	7.738	8.566	9.131
Rate of return	-	-	5.11%	5.15%	-	9.15%	10.1%	10.8%
EPS ²	6.259	6.25	7.16	8.231	9.719	10.95	12.19	13.73
Distribution rate	-	-	90.2%	45.8%	-	70.7%	70.3%	66.5%
Net sales ¹	12,077	13,348	14,860	17,078	18,412	20,076	22,189	24,684
EBITDA ¹	4,190	4,065	4,732	5,971	6,272	6,807	7,541	8,591
EBIT ¹	3,958	3,859	4,480	5,706	5,968	6,464	7,291	8,006
Net income ¹	3,589	3,580	3,899	4,515	5,169	5,633	6,185	6,893
Net Debt ¹	28,390	5,141	5,632	3,555	-10,119	-23,571	-23,997	-23,223
Reference price ²	160.13	81.10	126.50	73.29	90.17	84.54	84.54	84.54
Nbr of stocks (in thousands)	559,549	560,294	548,083	537,004	528,220	507,483	-	-
Announcement Date	08/02/22	16/02/23	27/02/24	18/02/25	12/02/26	-	-	-

¹BRL in Million²BRL

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
MORGAN STANLEY	14.65x	6.42x	-	2.28%	296B
THE GOLDMAN SACHS GROUP, INC.	12.78x	9.96x	-	2.09%	274B
CITIGROUP INC.	10.88x	-	-	2.03%	205B
CHARLES SCHWAB	14.84x	5.34x	8.85x	1.4%	158B
CITIC SECURITIES COMPANY LIMITED	9.99x	1.49x	-	3.62%	54.96B
BANCO BTG PACTUAL S.A.	10.44x	7.48x	12.11x	3.21%	46.35B
EAST MONEY INFORMATION CO.,LTD.	19.17x	10.69x	11.93x	0.69%	43.21B
GUOTAI HAITONG SECURITIES CO., LTD.	9.2x	6.45x	-	3.53%	39.23B
INTERACTIVE BROKERS GROUP, INC.	29.88x	4.19x	5.3x	0.5%	36.85B
Average	14.65x	6.50x	9.55x	2.15%	128B
Weighted average by Cap.	13.64x	7.14x	9.39x	2.09%