(AFYA) Afya - Overview

Exchange: NASDAQ • Country: Brazil • Currency: USD • Type: Common Stock • ISIN: KYG011251066

Stock: Medical Education, Digital Health, Medical Software

Total Rating 32
Risk 83
Buy Signal -0.76

EPS (Earnings per Share)

EPS (Earnings per Share) of AFYA over the last years for every Quarter: "2020-12": 0.18, "2021-03": 0.89, "2021-06": 0.64, "2021-09": 1.19, "2021-12": 1.05, "2022-03": 1.83, "2022-06": 1.12, "2022-09": 1.28, "2022-12": 1.38, "2023-03": 1.8, "2023-06": 1.42, "2023-09": 1.38, "2023-12": 1.79, "2024-03": 2.74, "2024-06": 2.29, "2024-09": 1.79, "2024-12": 2.1, "2025-03": 2.76, "2025-06": 2.27, "2025-09": 2.08, "2025-12": 0,

Revenue

Revenue of AFYA over the last years for every Quarter: 2020-12: 345.266, 2021-03: 394.351, 2021-06: 372.374, 2021-09: 454.387, 2021-12: 498.259, 2022-03: 566.324, 2022-06: 598.156, 2022-09: 580.575, 2022-12: 584.002, 2023-03: 709.961, 2023-06: 712.607, 2023-09: 723.479, 2023-12: 729.866, 2024-03: 804.239, 2024-06: 809.89, 2024-09: 841.185, 2024-12: 849.015, 2025-03: 936.36, 2025-06: 919.4, 2025-09: 928.505, 2025-12: null,

Dividends

Dividend Yield 1.29%
Yield on Cost 5y 0.99%
Yield CAGR 5y 0.00%
Payout Consistency 100.0%
Payout Ratio 3.3%
Risk 5d forecast
Volatility 32.1%
Relative Tail Risk -1.40%
Reward TTM
Sharpe Ratio -0.21
Alpha -12.63
Character TTM
Beta 0.592
Beta Downside 0.447
Drawdowns 3y
Max DD 38.14%
CAGR/Max DD 0.12

Description: AFYA Afya January 14, 2026

Afya Limited (NASDAQ:AFYA) is a Brazil-based medical education group that operates across three core segments: Undergraduate medical training, Continuing Education for practicing clinicians, and Digital Services. Its portfolio includes accredited medical schools, residency-prep courses, graduate programs, and a suite of digital health tools-ranging from a subscription-based clinical decision-support app to practice-management platforms (iClinic, Shosp) and specialty solutions such as Rx PRO and the free Glic diabetes-care app.

Key metrics that signal the company’s growth trajectory include a FY 2023 revenue increase of roughly 18% year-over-year to BRL 1.9 billion, driven largely by a 35% surge in digital-service subscriptions; an EBITDA margin of ~12% after scaling the iClinic SaaS platform; and a user base exceeding 1.2 million health-professional accounts on its mobile and web portals. The broader Brazilian medical-education market is expanding at ~7% CAGR, buoyed by rising physician shortages and government incentives for health-professional training, which underpin Afya’s addressable opportunity.

For a data-rich, quantitative deep-dive on Afya’s valuation dynamics, you may find ValueRay’s analyst toolkit useful.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income: 729.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.14 > 0.02 and ΔFCF/TA 3.47 > 1.0
NWC/Revenue: -1.05% < 20% (prev 17.30%; Δ -18.35% < -1%)
CFO/TA 0.17 > 3% & CFO 1.56b > Net Income 729.4m
Net Debt (1.98b) to EBITDA (1.61b): 1.23 < 3
Current Ratio: 0.98 > 1.5 & < 3
Outstanding Shares: last quarter (91.3m) vs 12m ago 0.04% < -2%
Gross Margin: 64.98% > 18% (prev 0.62%; Δ 6435 % > 0.5%)
Asset Turnover: 40.59% > 50% (prev 36.55%; Δ 4.04% > 0%)
Interest Coverage Ratio: 2.66 > 6 (EBITDA TTM 1.61b / Interest Expense TTM 480.9m)

Altman Z'' 2.39

A: -0.00 (Total Current Assets 1.76b - Total Current Liabilities 1.80b) / Total Assets 9.19b
B: 0.27 (Retained Earnings 2.46b / Total Assets 9.19b)
C: 0.14 (EBIT TTM 1.28b / Avg Total Assets 8.95b)
D: 0.56 (Book Value of Equity 2.46b / Total Liabilities 4.40b)
Altman-Z'' Score: 2.39 = BBB

Beneish M -2.96

DSRI: 1.14 (Receivables 716.9m/552.4m, Revenue 3.63b/3.19b)
GMI: 0.96 (GM 64.98% / 62.38%)
AQI: 0.96 (AQ_t 0.63 / AQ_t-1 0.66)
SGI: 1.14 (Revenue 3.63b / 3.19b)
TATA: -0.09 (NI 729.4m - CFO 1.56b) / TA 9.19b)
Beneish M-Score: -2.96 (Cap -4..+1) = A

What is the price of AFYA shares?

As of February 07, 2026, the stock is trading at USD 15.43 with a total of 113,216 shares traded.
Over the past week, the price has changed by +2.59%, over one month by -0.52%, over three months by +9.28% and over the past year by -6.29%.

Is AFYA a buy, sell or hold?

Afya has received a consensus analysts rating of 2.67. Therefor, it is recommend to hold AFYA.
  • StrongBuy: 1
  • Buy: 2
  • Hold: 2
  • Sell: 1
  • StrongSell: 3

What are the forecasts/targets for the AFYA price?

Issuer Target Up/Down from current
Wallstreet Target Price 18.2 17.7%
Analysts Target Price 18.2 17.7%
ValueRay Target Price 15.5 0.5%

AFYA Fundamental Data Overview February 02, 2026

Market Cap BRL = 7.16b (1.37b USD * 5.2395 USD.BRL)
P/E Trailing = 9.7662
P/E Forward = 7.6982
P/S = 0.3759
P/B = 1.4926
Revenue TTM = 3.63b BRL
EBIT TTM = 1.28b BRL
EBITDA TTM = 1.61b BRL
Long Term Debt = 996.8m BRL (from longTermDebt, last quarter)
Short Term Debt = 969.4m BRL (from shortTermDebt, last quarter)
Debt = 2.97b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.98b BRL (from netDebt column, last quarter)
Enterprise Value = 9.13b BRL (7.16b + Debt 2.97b - CCE 996.8m)
Interest Coverage Ratio = 2.66 (Ebit TTM 1.28b / Interest Expense TTM 480.9m)
EV/FCF = 7.27x (Enterprise Value 9.13b / FCF TTM 1.26b)
FCF Yield = 13.75% (FCF TTM 1.26b / Enterprise Value 9.13b)
FCF Margin = 34.56% (FCF TTM 1.26b / Revenue TTM 3.63b)
Net Margin = 20.08% (Net Income TTM 729.4m / Revenue TTM 3.63b)
Gross Margin = 64.98% ((Revenue TTM 3.63b - Cost of Revenue TTM 1.27b) / Revenue TTM)
Gross Margin QoQ = 63.39% (prev 62.72%)
Tobins Q-Ratio = 0.99 (Enterprise Value 9.13b / Total Assets 9.19b)
Interest Expense / Debt = 4.08% (Interest Expense 121.4m / Debt 2.97b)
Taxrate = 11.75% (21.2m / 180.6m)
NOPAT = 1.13b (EBIT 1.28b * (1 - 11.75%))
Current Ratio = 0.98 (Total Current Assets 1.76b / Total Current Liabilities 1.80b)
Debt / Equity = 0.63 (Debt 2.97b / totalStockholderEquity, last quarter 4.75b)
Debt / EBITDA = 1.23 (Net Debt 1.98b / EBITDA 1.61b)
Debt / FCF = 1.58 (Net Debt 1.98b / FCF TTM 1.26b)
Total Stockholder Equity = 4.50b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.15% (Net Income 729.4m / Total Assets 9.19b)
RoE = 16.20% (Net Income TTM 729.4m / Total Stockholder Equity 4.50b)
RoCE = 23.23% (EBIT 1.28b / Capital Employed (Equity 4.50b + L.T.Debt 996.8m))
RoIC = 16.99% (NOPAT 1.13b / Invested Capital 6.64b)
WACC = 6.78% (E(7.16b)/V(10.13b) * Re(8.10%) + D(2.97b)/V(10.13b) * Rd(4.08%) * (1-Tc(0.12)))
Discount Rate = 8.10% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.38%
[DCF Debug] Terminal Value 85.35% ; FCFF base≈1.11b ; Y1≈1.37b ; Y5≈2.33b
Fair Price DCF = 1070 (EV 52.16b - Net Debt 1.98b = Equity 50.18b / Shares 46.9m; r=6.78% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 1.37 | EPS CAGR: -47.49% | SUE: -4.0 | # QB: 0
Revenue Correlation: 97.26 | Revenue CAGR: 18.06% | SUE: 0.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.99 | Chg30d=-0.115 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=9.83 | Chg30d=-0.277 | Revisions Net=-2 | Growth EPS=+6.3% | Growth Revenue=+7.5%

Additional Sources for AFYA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle