AFYAAfya Limited
Is the business good?
The checks split: nothing decisive, though earnings fully cash-backed (1.6×).
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
Margin-driven, fat margins on slower asset turns. ROE 16% = margin × turnover × leverage.
Unless marked, from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is AFYA?
Afya Limited keeps 33% of every revenue dollar as operating profit, against 13% for the median Education & Training Services name.
Operating margin · Education & Training Services median 13% · fiscal year to FY2025
- Cash conversion
- 1.60×
Cash conversion · 1.48× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +0.12%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 64%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 30% |
| FY2021 | 26% |
| FY2022 | 29% |
| FY2023 | 27% |
| FY2024 | 31% |
| FY2025 | 33% |
Details›
- Gross marginfiscal year to FY2025
- 64%
- Operating marginfiscal year to FY2025
- 33%
- Net marginfiscal year to FY2025
- 20%
- Free cash flow margin
- 37%
- Revenue, trailing twelve months
- $3.70B
- Free cash flow, trailing twelve months
- $1.37B
- Net income, trailing twelve months
- $752M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Education & Training Services
Ranks #1 of 15 by RyuScore