WallStSmart

Afya Ltd (AFYA)vsGraham Holdings Co (GHC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Graham Holdings Co generates 33% more annual revenue ($4.91B vs $3.70B). AFYA leads profitability with a 20.3% profit margin vs 5.9%. AFYA trades at a lower P/E of 9.7x. AFYA earns a higher WallStSmart Score of 66/100 (B-).

AFYA

Strong Buy

66

out of 100

Grade: B-

Growth: 7.3Profit: 8.5Value: 8.3Quality: 5.8
Piotroski: 4/9

GHC

Buy

51

out of 100

Grade: C-

Growth: 4.0Profit: 4.5Value: 4.7Quality: 7.5
Piotroski: 4/9Altman Z: 3.27
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AFYAUndervalued (+68.3%)

Margin of Safety

+68.3%

Fair Value

$48.86

Current Price

$15.16

$33.70 discount

UndervaluedFair: $48.86Overvalued
GHCSignificantly Overvalued (-145.2%)

Margin of Safety

-145.2%

Fair Value

$452.34

Current Price

$1070.23

$617.89 premium

UndervaluedFair: $452.34Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AFYA4 strengths · Avg: 9.8/10
P/E RatioValuation
9.7x10/10

Attractively priced relative to earnings

Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
30.4%10/10

Strong operational efficiency at 30.4%

Profit MarginProfitability
20.3%9/10

Keeps 20 of every $100 in revenue as profit

GHC4 strengths · Avg: 9.3/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Altman Z-ScoreHealth
3.2710/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.269/10

Conservative balance sheet, low leverage

P/E RatioValuation
16.0x8/10

Attractively priced relative to earnings

Areas to Watch

AFYA1 concerns · Avg: 3.0/10
Market CapQuality
$1.37B3/10

Smaller company, higher risk/reward

GHC4 concerns · Avg: 3.0/10
Revenue GrowthGrowth
0.4%4/10

0.4% revenue growth

Return on EquityProfitability
6.5%3/10

ROE of 6.5% — below average capital efficiency

Profit MarginProfitability
5.9%3/10

5.9% margin — thin

PEG RatioValuation
4.042/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : AFYA

The strongest argument for AFYA centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 20.3% and operating margin at 30.4%.

Bull Case : GHC

The strongest argument for GHC centers on Price/Book, Altman Z-Score, Debt/Equity.

Bear Case : AFYA

The primary concerns for AFYA are Market Cap.

Bear Case : GHC

The primary concerns for GHC are Revenue Growth, Return on Equity, Profit Margin.

Key Dynamics to Monitor

AFYA profiles as a mature stock while GHC is a value play — different risk/reward profiles.

GHC carries more volatility with a beta of 0.81 — expect wider price swings.

AFYA is growing revenue faster at 7.5% — sustainability is the question.

AFYA generates stronger free cash flow (140M), providing more financial flexibility.

Bottom Line

AFYA scores higher overall (66/100 vs 51/100), backed by strong 20.3% margins. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Afya Ltd

CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES · USA

Afya Limited, is a medical education group in Brazil. The company is headquartered in Nova Lima, Brazil.

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Graham Holdings Co

CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES · USA

Graham Holdings Company is a diversified global media and education company. The company is headquartered in Arlington, Virginia.

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