Dlocal Open Source Valuation Model

This is the detailed DCF model I used to value Dlocal in 2022. You can see a detailed post of the process and the results here.

I used the "dean of valuation" (Aswath Damodaran) DCF as a base, I left some of its notes in the template.

Please login/subscribe to see the DLO  valuation spreadsheet download link below