Inter & Co (INTR) is back in focus after reporting second quarter 2026 earnings, with net income of R$421.11 million and higher earnings per share from continuing operations than a year earlier.

Despite Inter & Co’s solid second quarter earnings, the stock’s share price has moved the other way, with the year to date share price return down 38.58% and the 1 year total shareholder return down 34.79%, even though the 3 year total shareholder return is up 22.77%.

If this mix of pressure and resilience has you thinking about where else the market might be mispricing growth potential, it could be a good time to review 21 top founder-led companies

Bulls see Inter & Co’s higher recent earnings and a value score of 5 as a mismatch with a share price that has fallen sharply. Bears argue the decline is justified. Which case fits the valuation work that follows?

Most Popular Narrative: 84.4% Undervalued

According to a widely followed narrative on Inter & Co, a fair value of $33.30 is applied to the stock compared with the last close at $5.19, which frames the recent share price weakness very differently from the market.

At the beginning of 2023, Inter surprised those who did not follow the thesis in the market by disclosing its 60/30/30 Plan, which is a set of company guidelines for the year 2027. The company's goal is to reach 60 million customers, an efficiency index (expenses/revenues) of 30% and a return on equity (ROE) of 30%. In addition, a profit goal of R$ 5 billion and a goal of reaching R$ 100 billion in your credit portfolio were disclosed.

The narrative behind that $33.30 fair value leans heavily on customer scale, efficiency, and profitability targets, all tied to a larger credit portfolio and higher earnings power. It is worth examining which specific growth, margin, and balance sheet assumptions are being used to justify that gap.

Result: Fair Value of $33.30 (UNDERVALUED)

However, the Inter & Co thesis still leans heavily on credit growth and efficiency gains. As a result, any setback in loan quality or cost control could quickly weaken it.

Next Steps

With both risks and rewards in play for Inter & Co, it makes sense to move quickly and develop your own view based on the full 4 key rewards and 2 important warning signs

Looking for more investment ideas beyond Inter & Co?

If you are reassessing Inter & Co after these results, it makes sense to widen your watchlist and look for other potentially mispriced opportunities using structured screeners.

• Target reliable income by reviewing companies that appear in the 10 dividend fortresses and see which payouts might fit your long term goals.
• Identify potential value opportunities early by working through the screener containing 20 high quality undiscovered gems before the wider market takes an interest.
• Prioritise resilience by focusing on businesses highlighted in the 80 resilient stocks with low risk scores so short term volatility does not dictate your entire portfolio.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.