DLO vs BH-A

Comparison between DLocal Ltd Class A (DLO, Company) and Biglari Holdings Inc - Class A (BH-A, Company).

DLO is from the Technology sector, while BH-A is from the Consumer Cyclical sector.

5-Year PerformanceBH-A has outperformed DLO, delivering a return of +19.1% compared to -22.0%

DLO vs BH-A - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DLO(COMPANY)	BH-A(COMPANY)
Market Cap	$4.28B	$4.28B
Max Drawdown	89.99%	77.48%
Sharpe Ratio	0.71	0.58
5Y Beta	1.18	0.53
Industry	Software - Infrastructure	Restaurants
P/E Ratio	22.34	192.33
Forward P/E	13.53	N/A
PEG Ratio	0.74	N/A
Dividend Yield	1.31%	N/A
5Y EPS CAGR	33.22%	N/A
Debt to Equity	0.50%	40.64%
Free Cash Flow Yield	8.69%	1.90%
P/S Ratio	3.46	3.32
P/B Ratio	7.86	1.70

Market Cap

DLO

$4.28B

Winner

BH-A

$4.28B

Max Drawdown

DLO

89.99%

Winner

BH-A

77.48%

Sharpe Ratio

Winner

DLO

0.71

BH-A

0.58

5Y Beta

DLO

1.18

Winner

BH-A

0.53

Industry

DLO

Software - Infrastructure

BH-A

Restaurants

P/E Ratio

Winner

DLO

22.34

BH-A

192.33

Forward P/E

DLO

13.53

BH-A

N/A

PEG Ratio

DLO

0.74

BH-A

N/A

Dividend Yield

DLO

1.31%

BH-A

N/A

5Y EPS CAGR

DLO

33.22%

BH-A

N/A

Debt to Equity

Winner

DLO

0.50%

BH-A

40.64%

Free Cash Flow Yield

Winner

DLO

8.69%

BH-A

1.90%

P/S Ratio

DLO

3.46

Winner

BH-A

3.32

P/B Ratio

DLO

7.86

Winner

BH-A

1.70

DLO vs BH-A - Historical Returns

Returns include dividend reinvestment.

Period	DLO	BH-A
1 month	+15.88%	+9.19%
3 months	+7.57%	+15.06%
6 months	-0.51%	-20.92%
1 year	+28.06%	+22.11%
5 years(CAGR)	-22.03%	+19.11%
10 years(CAGR)	N/A	+6.18%
Max(CAGR)	-13.92%	+6.18%

Winner

DLO

+15.88%

BH-A

+9.19%

DLO

+7.57%

Winner

BH-A

+15.06%

Winner

DLO

-0.51%

BH-A

-20.92%

Winner

DLO

+28.06%

BH-A

+22.11%

5Y(CAGR)

DLO

-22.03%

Winner

BH-A

+19.11%

10Y(CAGR)

DLO

N/A

BH-A

+6.18%

Max(CAGR)

DLO

-13.92%

Winner

BH-A

+6.18%

DLO vs BH-A - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	DLO	BH-A
2026	+1.76%	+6.00%
2025	+26.79%	+37.01%
2024	-35.10%	+60.59%
2023	+15.09%	+14.88%
2022	-56.07%	-1.08%
2021	+10.19%	+20.87%
2020	N/A	-0.68%
2019	N/A	-5.44%
2018	N/A	-50.01%

DLO vs BH-A Drawdown Comparison

The maximum drawdown for DLO was -89.99%, occurring on Aug 5, 2024. This drawdown has not yet recovered.

The maximum drawdown for BH-A was -77.48%, occurring on May 15, 2020. Recovery took 1668 trading sessions.

The current DLO drawdown is -78.27%. The current BH-A drawdown is -21.84%.

Rank	DLO	BH-A
#1	-89.99% Aug 24, 2021 - Aug 5, 2024	-77.48% May 1, 2018 - Dec 16, 2024
#2	-19.61% Jul 2, 2021 - Aug 19, 2021	-45.84% Jan 21, 2026 - May 11, 2026
#3	-10.20% Jun 4, 2021 - Jun 18, 2021	-24.85% Dec 26, 2024 - Jun 18, 2025
#4	-2.88% Aug 20, 2021 - Aug 24, 2021	-22.73% Oct 27, 2025 - Dec 23, 2025
#5	-0.88% Jun 30, 2021 - Jul 2, 2021	-13.54% Jul 23, 2025 - Aug 15, 2025
#6	N/A	-8.99% Dec 17, 2024 - Dec 26, 2024
#7	N/A	-7.47% Dec 23, 2025 - Jan 6, 2026
#8	N/A	-5.99% Aug 28, 2025 - Oct 2, 2025
#9	N/A	-5.15% Aug 15, 2025 - Aug 27, 2025
#10	N/A	-3.02% Oct 9, 2025 - Oct 13, 2025
#11	N/A	-2.74% Jun 23, 2025 - Jul 8, 2025
#12	N/A	-2.20% Jan 16, 2026 - Jan 21, 2026
#13	N/A	-2.01% Jul 9, 2025 - Jul 17, 2025
#14	N/A	-1.31% Oct 15, 2025 - Oct 17, 2025
#15	N/A	-1.00% Oct 2, 2025 - Oct 7, 2025

Correlation

Correlation between DLO and BH-A is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.38

-101