NAS10031,224+0.48%S&P7,819+0.58%GOLD$4,164−0.55%BTC$84,090−1.98%VIX15.01−3.29%live tape · as of 05:04 UTC
The Screen · Financials · Banks - Regional
Inter & Co, Inc.
INTR · Nasdaq · USD · Market cap $2.2B
Inter & Co, Inc., through its subsidiaries, engages in the banking and spending, investments, insurance brokerage, and inter shop businesses in Brazil and the United States.
FAIL · Does not pass the screen
5.06 USD
Screen close, 2026-09-24 · not a live quote Last reviewed 13 days ago
Screened 2026-09-24 · the tape above runs as of 05:04 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 5.06 against the desk's fair-value range, base estimate 10.12, over the last year.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price5.06 USD
Fair value10.12
Ethical score30.0/100
Our investment reviews on this name
2026-07-02Read Distribution5.77-12.3% to today ✓
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Inter & Co, Inc. holds its Markdown at $5.06. Elevated stress, defensive posture warranted, held for 14 days.
As held on the ledger · 2026-09-24
Phase
Markdown · caution
Quantitative state
Elevated stress, defensive posture warranted, held for 14 days
Price at the screen
$5.06
Valuation
7.55 trailing · 5.49 forward price to earnings
Values screen
FAIL· score 30.0
Beta
0.95
The Workings
Five Screens, Shown in Full
Does not pass. Prohibited keyword in sector/industry: bank
Test
Figure
Limit
What it means
Status
Business activity
Excluded
Core business clean
Prohibited keyword in sector/industry: bank
Fail
Debt load
Excluded
Below 33%
Interest-bearing debt is of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
Excluded
Below 33%
Interest-bearing cash and securities are of assets, above the one-third limit.
Fail
Receivables
Excluded
Below 49%
Money owed to the company is of assets, above the 49% limit.
Fail
Revenue purity
Excluded
Below 5%
of revenue comes from non-compliant sources, over the 5% line.
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Falls Short, in Plain English
Inter & Co, does not clear the screen at the business-activity stage. It operates in conventional financial services, which the screen treats as interest-based, so the financial ratios are not the deciding factor here.
Read as at 2026-10-07. It updates when the underlying figures move, and past reads are kept below.
Fair value range in USD, drawn from the 2026-09-24 screen. The gold marker is the market price at the same screen. A 100.0% margin of safety to the base estimate.
Third-party analyst targets: 10 covering, consensus Buy. The average target sits +74% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-24 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Brazilian Digital Bank Growth Masks an Ethical Line
Every time a Brazilian switches to a digital bank for cheaper loans or instant transfers, the numbers look tempting. Inter & Co shows revenue climbing 25 percent, a forward P/E of 5.2 times, a 22 percent profit margin and 16 percent return on equity, with analysts pointing to a price that could double. Yet the opportunity rating stays at none because the business sits squarely inside a prohibited sector.
We pass for one straightforward reason. The ethical screen flags any bank exposure and this company fails it outright. No valuation discount or analyst consensus changes that filter. The screen exists to keep us out of entire categories regardless of how attractive the spreadsheets appear.
Currency swings, Brazilian interest rate moves and competition from bigger local players still sit in the background even if the numbers stayed clean. The ethical block simply removes the name from consideration before any of those risks get weighed. Analysis, not advice.
The risks · The things to watch: its business and earnings are exposed to Brazil and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
INTR trades on Nasdaq (the company is based in Brazil). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-10-02Distribution$5.06-0.6%Entry 6
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (10 analysts) rates it buy, with a mean price target of $10.
2026-09-02Distribution$5.09-5.2%Entry 5
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 5.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (10 analysts) rates it buy, with a mean price target of $10.
2026-08-02Distribution$5.37-6.9%Entry 4
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 6.9% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (10 analysts) rates it buy, with a mean price target of $10.
2026-07-18Distribution$5.77+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (10 analysts) rates it buy, with a mean price target of $10.
2026-07-03Distribution$5.77+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns.
2026-07-02Distribution$5.77Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
