Afya Ltd (AFYA) - Net Assets
Based on the latest financial reports, Afya Ltd (AFYA) has net assets worth $4.73 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.51 Billion) and total liabilities ($4.78 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore AFYA asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.73 Billion |
| % of Total Assets | 49.73% |
| Annual Growth Rate | 78.82% |
| 5-Year Change | 62.96% |
| 10-Year Change | N/A |
| Growth Volatility | 376.47 |
Afya Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Afya Ltd's net assets have evolved over time, based on quarterly financial data. Check AFYA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Afya Ltd (2017–2025)
The table below shows the annual net assets of Afya Ltd from 2017 to 2025. For live valuation and market cap data, see Afya Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.89 Billion | +13.41% |
| 2024-12-31 | $4.31 Billion | +18.32% |
| 2023-12-31 | $3.64 Billion | +12.09% |
| 2022-12-31 | $3.25 Billion | +8.34% |
| 2021-12-31 | $3.00 Billion | +5.87% |
| 2020-12-31 | $2.83 Billion | +34.07% |
| 2019-12-31 | $2.11 Billion | +258.04% |
| 2018-12-31 | $590.35 Million | +1162.47% |
| 2017-12-31 | $46.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Afya Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6432.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.63 Billion | 54.30% |
| Common Stock | $16.99K | 0.00% |
| Other Comprehensive Income | $202.71 Million | 4.18% |
| Other Components | $2.01 Billion | 41.52% |
| Total Equity | $4.85 Billion | 100.00% |
Afya Ltd Competitors by Market Cap
The table below lists competitors of Afya Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
National Grid PLC
LSE:NG
|
$740.35 Million |
|
Golden Entertainment Inc
NASDAQ:GDEN
|
$740.46 Million |
|
Tianjin Economic-technological Development Area Co Ltd
SHE:000652
|
$740.62 Million |
|
Infund Holding Co Ltd
SHE:002141
|
$740.64 Million |
|
Kingfa Science & Technology (India) Limited
NSE:KINGFA
|
$740.02 Million |
|
Advanced Wireless Semiconductor Co
TWO:8086
|
$739.86 Million |
|
UBISOFT ENTMT ADR 1/5
F:UEN0
|
$739.77 Million |
|
Cangzhou Dahua Co Ltd
SHG:600230
|
$739.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Afya Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,269,955,000 to 4,849,361,136, a change of 579,406,136 (13.6%).
- Net income of 737,680,255 contributed positively to equity growth.
- Share repurchases of 75,489,430 reduced equity.
- Other comprehensive income increased equity by 15,216,213.
- Other factors decreased equity by 98,000,902.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $737.68 Million | +15.21% |
| Share Repurchases | $75.49 Million | -1.56% |
| Other Comprehensive Income | $15.22 Million | +0.31% |
| Other Changes | $-98.00 Million | -2.02% |
| Total Change | $- | 13.57% |
Book Value vs Market Value Analysis
This analysis compares Afya Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.26x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 26.62x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.53 | $14.00 | x |
| 2018-12-31 | $5.72 | $14.00 | x |
| 2019-12-31 | $27.10 | $14.00 | x |
| 2020-12-31 | $29.71 | $14.00 | x |
| 2021-12-31 | $31.33 | $14.00 | x |
| 2022-12-31 | $35.57 | $14.00 | x |
| 2023-12-31 | $39.78 | $14.00 | x |
| 2024-12-31 | $46.84 | $14.00 | x |
| 2025-12-31 | $53.13 | $14.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Afya Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.35%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.93x
- Recent ROE (15.21%) is below the historical average (21.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 98.44% | 21.01% | 2.08x | 2.25x | $40.78 Million |
| 2018 | 17.20% | 25.86% | 0.36x | 1.83x | $36.15 Million |
| 2019 | 7.45% | 20.50% | 0.26x | 1.41x | $-52.59 Million |
| 2020 | 10.50% | 24.32% | 0.25x | 1.72x | $13.85 Million |
| 2021 | 7.58% | 12.99% | 0.27x | 2.19x | $-71.49 Million |
| 2022 | 11.68% | 16.04% | 0.32x | 2.25x | $53.69 Million |
| 2023 | 10.73% | 13.43% | 0.38x | 2.11x | $26.17 Million |
| 2024 | 14.79% | 19.11% | 0.37x | 2.07x | $204.51 Million |
| 2025 | 15.21% | 20.35% | 0.39x | 1.93x | $252.74 Million |
Industry Comparison
This section compares Afya Ltd's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $326,276,388
- Average return on equity (ROE) among peers: -23.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Afya Ltd (AFYA) | $4.73 Billion | 98.44% | 1.01x | $740.30 Million |
| ATA Creativity Global (AACG) | $-50.02 Million | 0.00% | 0.00x | $29.63 Million |
| Ambow Education Holding Ltd (AMBO) | $23.01 Million | 12.98% | 5.61x | $6.45 Million |
| American Public Education Inc (APEI) | $291.98 Million | -16.20% | 0.91x | $896.26 Million |
| Adtalem Global Education Inc (ATGE) | $1.40 Billion | 9.19% | 0.60x | $3.40 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $-38.95 Million | 0.00% | 0.00x | $17.48 Million |
| Chegg Inc (CHGG) | $498.83 Million | -1.93% | 1.98x | $103.56 Million |
| China Liberal Education Holdings (CLEU) | $62.48 Million | -2.70% | 0.66x | $336.66K |
| 51Talk Online Education Group (COE) | $6.58 Million | -195.29% | 3.20x | $113.01 Million |
| Coursera Inc (COUR) | $741.51 Million | -19.58% | 0.29x | $1.53 Billion |
About Afya Ltd
Afya Limited operates as a medical education group in Brazil. The company operates in three segments: Undergraduate, Continuing Education, and Medical Practice Solutions. The Undergraduate segment offers educational services through undergraduate courses related to medical school, health sciences, and other non-health undergraduate programs, including medicine, dentistry, nursing, radiology, psyc… Read more