Company Valuation: Afya Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,132 7,427 9,557 8,862 7,698 6,271 - -
Change - -8.67% 28.69% -7.27% -13.13% -18.54% - -
Enterprise Value (EV) 1 8,758 9,048 11,679 11,124 9,693 7,814 7,779 7,714
Change - 3.31% 29.08% -4.75% -12.87% -19.39% -0.45% -0.83%
P/E 36.9x 20x 24.9x 14.2x 10.3x 8.11x 7.22x 6.7x
PBR 2.77x 2.33x 2.67x 2.1x 1.58x 1.19x 1.17x 1.19x
PEG - 0.3x 6.84x 0.2x 0.5x 1.33x 0.6x 0.85x
Capitalization / Revenue 4.73x 3.19x 3.32x 2.68x 2.08x 1.58x 1.47x 1.39x
EV / Revenue 5.09x 3.88x 4.06x 3.37x 2.62x 1.96x 1.83x 1.71x
EV / EBITDA 11.6x 9.41x 10x 7.64x 5.77x 4.55x 4.26x 4.01x
EV / EBIT 14.6x 12x 15.2x 9.91x 7.42x 5.95x 5.59x 5.23x
EV / FCF 24.7x 16.5x 14.6x 10.7x 8.3x 6.77x 6.75x 6.33x
FCF Yield 4.04% 6.04% 6.83% 9.35% 12% 14.8% 14.8% 15.8%
Dividend per Share 2 - - - - 3.447 3.164 5.838 8.885
Rate of return - - - - 4.06% 4.46% 8.24% 12.5%
EPS 2 2.37 4.12 4.27 6.93 8.24 8.741 9.811 10.58
Distribution rate - - - - 41.8% 36.2% 59.5% 84%
Net sales 1 1,719 2,329 2,876 3,304 3,697 3,981 4,262 4,512
EBITDA 1 754.8 961.9 1,166 1,456 1,680 1,717 1,826 1,923
EBIT 1 600.6 755.7 767.1 1,122 1,307 1,313 1,391 1,475
Net income 1 223.3 373.6 386.3 631.5 752.5 792.7 894.6 961.2
Net Debt 1 626.3 1,622 2,122 2,262 1,995 1,543 1,508 1,443
Reference price 2 87.53 82.58 106.41 98.22 84.88 70.87 70.87 70.87
Nbr of stocks (in thousands) 92,902 89,937 89,812 90,230 90,698 88,478 - -
Announcement Date 3/31/22 3/22/23 3/14/24 3/13/25 3/12/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.44x2.71x8.8x7.52% 5.31B
30.71x7.64x20.24x1.92% 1.47B
7.95x1.93x4.48x4.55% 1.23B
10.06x1.36x4.49x3.49% 1.17B
10.13x0.67x2.75x2.59% 927M
26.83x3.76x15x4.04% 876M
2.91x1.13x2.06x - 742M
Average 15.29x 2.74x 8.26x 4.02% 1.68B
Weighted average by Cap. 17.03x 2.93x 8.91x 5.31%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Afya Limited

Historical PBR trend

Valuation ratios - PBR - Afya Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Afya Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Afya Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Afya Limited