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PagSeguro Digital Ltd. PAGS R2K

Technology · Software - Infrastructure · Brazil
https://pagbank.com.br

PagSeguro Digital Ltd., together with its subsidiaries, provides financial and payment solutions for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company provides digital banking solutions, including bill payments, deposits, top-ups, debt management, direct deposits, pix, tax collections, tax collections, wire transfer, and ATM withdrawal; cards, such as debit, credit, cash, and prepaid cards; and credit products comprising FGTS withdrawals, payroll loans, working capital loans, and overdraft accounts. It offers insurance services, including account, card, home, business, health assistance, life, and credit life insurance; investment services, such as recommendation from our distribution team, financial education, stocks and REITs, investment, PagBank CD, Third-party fixed income, treasury, automatic savings and money boxes; and operates cashback and Shopping PagBank, a marketplace for various brands. In addition, it provides software solutions comprising PagVendas, a POS software app; ClubPag, a marketing tool that allows merchants to advertise across client base, available for POS devices; PlugPag, a wireless solution that connects the machine to the commercial automation system, via Bluetooth technology; and Envio Fácil, a logistics solution for online sales. The company was founded in 2006 and is headquartered in São Paulo, Brazil.

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$9.35
+8.98% 1Y

Market & Price

Market Cap
$2.61B
Current Price
$9.35
High / Low (52W)
$11.72 / $7.57
Beta
1.34

Valuation

Stock P/E
6.49
Industry PE
32.74
Forward P/E
4.80
PEG Ratio
-
Book Value
$10.38
Price to Book
0.90
P/S
0.13
EV/EBITDA
0.32
Dividend Yield
11.12%

Profitability & Returns

ROCE
26.05%
ROE
14.52%
ROA
6.51%
Profit Margin
10.79%
Op Margin
37.33%
EPS (Latest Qtr)
$1.93
EPS (TTM)
$1.44

Balance Sheet & Liquidity

Debt/Equity
0.18
Quick Ratio
1.33
Current Ratio
1.43
Debt
$2.55B
Total Assets
$74.41B
Current Assets
$64.93B
Working Capital
$17.15B

Ownership

Promoter Holding
3.46%
Chg in Prom Hold
-
FII / Inst Holding
1,002.03%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$2.95B
Total Revenue (TTM)
$19.81B
EBITDA
$9.32B
Free Cash Flow
$5.23B
Operating Cash Flow
$7.28B
Shares Outstanding
159.06M
Gross Margin
51.27%
Payout Ratio
10.84%

Growth (CAGR)

Revenue 5Y
10.00%
Profit 5Y
12.08%
Revenue (YoY)
1.50%
Earnings (YoY)
12.20%

PROS

  • Healthy ROCE of 26.0%.
  • Profit CAGR of 12.1% over 5 years.
  • Attractive dividend yield of 11.12%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PAGS PagSeguro Digital Ltd. R2K 9.35 6.49 $2.61B 11.12% 26.05% 14.52% 10.00% 12.08%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
Ad space

Quarterly Results

Figures in USD.

Metric Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -4.85B5.06B5.11B5.40B5.01B
Cost of Revenue -2.36B2.41B2.40B2.53B2.32B
Gross Profit -2.49B2.65B2.71B2.87B2.69B
Operating Expenses -666.05M679.03M633.76M656.27M677.23M
Operating Income -1.82B1.97B2.08B2.21B2.01B
EBITDA -2.20B2.09B2.49B1.71B2.42B
Interest Expense -1.18B1.03B1.39B534.15M1.34B
Pretax Income -579.91M616.25M636.43M716.84M620.82M
Tax Provision -54.82M79.49M81.95M214.81M75.30M
Net Income -525.09M536.76M554.49M502.02M545.52M
Diluted EPS -1.721.791.881.731.93

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -15.33B15.95B18.81B20.41B
Cost of Revenue -7.47B8.13B9.54B9.70B
Gross Profit -7.86B7.82B9.27B10.71B
Operating Expenses -2.61B2.16B2.83B2.64B
Operating Income -5.25B5.65B6.43B8.08B
EBITDA -6.04B6.64B7.73B8.74B
Interest Expense -3.15B3.27B3.75B4.39B
Pretax Income -1.76B2.02B2.38B2.55B
Tax Provision -254.55M363.42M263.56M431.06M
Net Income -1.50B1.65B2.12B2.12B
Diluted EPS -4.575.106.627.11

Compounded Sales Growth

5 Years:10.00%
1 Year:1.50%

Compounded Profit Growth

5 Years:12.08%
1 Year:12.20%

Stock Price Performance

1 Year:+8.98%
6 Months:-2.30%
3 Months:-9.76%
1 Month:-5.17%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -45.33B55.11B72.90B74.41B
Current Assets -39.77B48.73B64.62B64.93B
Cash & Equivalents -1.83B2.90B927.67M1.86B
Inventory -13.28M33.54M1.64M0
Receivables -36.25B41.76B56.17B55.56B
Total Liabilities -33.49B41.87B58.23B59.77B
Current Liabilities -29.74B34.43B42.74B47.78B
Long Term Debt -1.89B4.82B11.41B9.48B
Total Debt -12.00B27.76B40.64B43.11B
Total Equity -11.84B13.24B14.67B14.64B
Shares Outstanding -329.61M329.61M329.61M305.68M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -3.55B4.00B-3.42B7.56B
Investing Cash Flow --2.18B-2.70B-1.83B-2.30B
Financing Cash Flow --1.33B-225.99M3.27B-4.33B
Capital Expenditure --2.14B-1.99B-2.32B-2.28B
Free Cash Flow -1.41B2.01B-5.74B5.29B
Net Change in Cash -34.73M1.07B-1.97B929.84M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -51.3%49.0%49.3%52.5%
Operating Margin % -34.2%35.4%34.2%39.6%
Net Margin % -9.8%10.4%11.3%10.4%
ROE % -12.7%12.5%14.4%14.5%
ROCE % -33.7%27.3%21.3%30.3%

Shareholding Pattern

Insiders
3.46%
Institutions
1,002.03%
Public Float
1,037.92%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.85% 16.63M $155.45M
2 Robeco Institutional Asset Management B.V. 4.30% 9.11M $85.18M
3 Artemis Investment Management Llp 4.02% 8.50M $79.52M
4 Point72 Asset Management, L.P. 3.37% 7.13M $66.67M
5 Polunin Capital Partners Ltd 2.36% 5.00M $46.79M
6 Goldman Sachs Group Inc 2.30% 4.86M $45.44M
7 State Street Corporation 2.11% 4.46M $41.71M
8 Causeway Capital Management LLC 1.91% 4.04M $37.81M
9 Vanguard Portfolio Management LLC 1.34% 2.83M $26.44M
10 Geode Capital Management, LLC 1.25% 2.65M $24.77M

Analyst View

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