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 6,538 - -
Change - -8.67% 28.69% -7.27% -13.13% -15.08% - -
Enterprise Value (EV) 1 8,758 9,048 11,679 11,124 9,693 8,081 8,046 7,981
Change - 3.31% 29.08% -4.75% -12.87% -16.63% -0.43% -0.81%
P/E 36.9x 20x 24.9x 14.2x 10.3x 8.45x 7.53x 6.98x
PBR 2.77x 2.33x 2.67x 2.1x 1.58x 1.25x 1.22x 1.24x
PEG - 0.3x 6.84x 0.2x 0.5x 1.39x 0.6x 0.89x
Capitalization / Revenue 4.73x 3.19x 3.32x 2.68x 2.08x 1.64x 1.53x 1.45x
EV / Revenue 5.09x 3.88x 4.06x 3.37x 2.62x 2.03x 1.89x 1.77x
EV / EBITDA 11.6x 9.41x 10x 7.64x 5.77x 4.71x 4.41x 4.15x
EV / EBIT 14.6x 12x 15.2x 9.91x 7.42x 6.39x 5.82x 5.44x
EV / FCF 24.7x 16.5x 14.6x 10.7x 8.3x 7x 6.98x 6.55x
FCF Yield 4.04% 6.04% 6.83% 9.35% 12% 14.3% 14.3% 15.3%
Dividend per Share 2 - - - - 3.447 3.164 6.496 8.885
Rate of return - - - - 4.06% 4.28% 8.79% 12%
EPS 2 2.37 4.12 4.27 6.93 8.24 8.741 9.811 10.58
Distribution rate - - - - 41.8% 36.2% 66.2% 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 1,265 1,382 1,468
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 73.89 73.89 73.89
Nbr of stocks (in thousands) 92,902 89,937 89,812 90,230 90,698 88,478 - -
Announcement Date 31/03/22 22/03/23 14/03/24 13/03/25 12/03/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.38x2.71x8.8x3.9% 531.85Cr
29.83x7.43x19.67x1.98% 142.99Cr
8.45x2.03x4.71x4.28% 128.56Cr
9.92x1.35x4.47x3.54% 113.73Cr
20.31x3.62x13.37x3.69% 88Cr
9.3x0.59x2.45x2.81% 85Cr
11.39x1.29x3.9x3.95% 68Cr
Average 15.37x 2.72x 8.19x 3.45% 165.56Cr
Weighted average by Cap. 16.93x 2.91x 8.86x 3.58%

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