AFYA vs. KMT

Last updated Jun 23, 2026

AFYA (Afya Limited) and KMT (Kennametal Inc.) are both stocks. AFYA operates in Education & Training Services (Consumer Defensive), while KMT operates in Tools & Accessories (Industrials). Over the past 5 years, AFYA returned -11.44%/yr vs 3.25%/yr for KMT. At a 0.22 correlation, their price movements are largely independent.

Performance

AFYA vs. KMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Afya Limited (AFYA) and Kennametal Inc. (KMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AFYA achieves a -3.78% return, which is significantly lower than KMT's 26.04% return.

AFYA

• 1D: 0.92%
• 1M: 1.43%
• YTD: -3.78%
• 6M: 0.12%
• 1Y: -13.94%
• 3Y*: 2.87%
• 5Y*: -11.44%
• 10Y*: —

KMT

• 1D: -2.42%
• 1M: -1.77%
• YTD: 26.04%
• 6M: 22.55%
• 1Y: 66.70%
• 3Y*: 12.45%
• 5Y*: 3.25%
• 10Y*: 7.51%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AFYA vs. KMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AFYA Afya Limited	-3.78%	-1.70%	-27.59%	40.40%	-0.57%	-37.91%	-6.71%	15.40%
KMT Kennametal Inc.	26.04%	22.58%	-3.95%	10.48%	-30.97%	1.20%	1.08%	10.09%

Correlation

The correlation between AFYA and KMT is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jul 19, 2019	0.22

The correlation between AFYA and KMT shifts across timeframes, from 0.11 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AFYA : $1.28B KMT : $2.74B
EPS AFYA : R$8.30 KMT : $1.78
PE Ratio AFYA : 8.81 KMT : 19.92
PEG Ratio AFYA : 0.22 KMT : 0.60
PS Ratio AFYA : 1.77 KMT : 1.28
PB Ratio AFYA : 1.41 KMT : 1.96
Total Revenue (TTM) AFYA : R$3.77B KMT : $2.14B
Gross Profit (TTM) AFYA : R$2.42B KMT : $682.06M
EBITDA (TTM) AFYA : R$1.57B KMT : $249.28M

Return for Risk

AFYA vs. KMT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AFYA

AFYA Risk / Return Rank: 22
AFYA Sharpe Ratio Rank: 20
AFYA Sortino Ratio Rank: 20
AFYA Omega Ratio Rank: 20
AFYA Calmar Ratio Rank: 24
AFYA Martin Ratio Rank: 26

KMT

KMT Risk / Return Rank: 80
KMT Sharpe Ratio Rank: 81
KMT Sortino Ratio Rank: 76
KMT Omega Ratio Rank: 81
KMT Calmar Ratio Rank: 80
KMT Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AFYA vs. KMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Afya Limited (AFYA) and Kennametal Inc. (KMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AFYA	KMT	Difference
Sharpe ratio: Return per unit of total volatility	-0.50	1.46	-1.96
Sortino ratio: Return per unit of downside risk	-0.53	2.01	-2.54
Omega ratio: Gain probability vs. loss probability	0.94	1.30	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.52	2.55	-3.07
Martin ratio: Return relative to average drawdown	-0.80	5.81	-6.61

AFYA vs. KMT - Sharpe Ratio Comparison

The current AFYA Sharpe Ratio is -0.50, which is lower than the KMT Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of AFYA and KMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AFYA vs. KMT - Drawdown Comparison

The maximum AFYA drawdown since its inception was -72.09%, roughly equal to the maximum KMT drawdown of -70.10%. Use the drawdown chart below to compare losses from any high point for AFYA and KMT.

Drawdown Indicators

	AFYA	KMT	Difference
Max Drawdown Largest peak-to-trough decline	-72.09%	-70.10%	-1.99%
Max Drawdown (1Y) Largest decline over 1 year	-27.05%	-26.25%	-0.80%
Max Drawdown (3Y) Largest decline over 3 years	-40.41%	-42.95%	+2.54%
Max Drawdown (5Y) Largest decline over 5 years	-67.60%	-52.70%	-14.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-69.28%	—
Current Drawdown Current decline from peak	-53.52%	-17.65%	-35.87%
Average Drawdown Average peak-to-trough decline	-43.18%	-24.56%	-18.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.44%	11.51%	+5.93%

Volatility

AFYA vs. KMT - Volatility Comparison

The current volatility for Afya Limited (AFYA) is 7.35%, while Kennametal Inc. (KMT) has a volatility of 13.07%. This indicates that AFYA experiences smaller price fluctuations and is considered to be less risky than KMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AFYA	KMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.35%	13.07%	-5.72%
Volatility (6M) Calculated over the trailing 6-month period	21.97%	34.36%	-12.39%
Volatility (1Y) Calculated over the trailing 1-year period	27.88%	46.10%	-18.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.12%	37.00%	+3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.05%	41.00%	+6.05%

Dividends

AFYA vs. KMT - Dividend Comparison

AFYA's dividend yield for the trailing twelve months is around 4.62%, more than KMT's 2.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFYA Afya Limited	4.62%	1.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KMT Kennametal Inc.	2.26%	2.82%	3.33%	3.10%	3.33%	2.23%	2.21%	2.17%	2.40%	1.65%	2.56%	3.96%

Financials

AFYA vs. KMT - Profitability Comparison

The chart below illustrates the profitability comparison between Afya Limited and Kennametal Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AFYA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Afya Limited reported a gross profit of 685.00M and revenue of 993.76M. Therefore, the gross margin over that period was 68.9%.

KMT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kennametal Inc. reported a gross profit of 206.38M and revenue of 592.61M. Therefore, the gross margin over that period was 34.8%.

AFYA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Afya Limited reported an operating income of 385.21M and revenue of 993.76M, resulting in an operating margin of 38.8%.

KMT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kennametal Inc. reported an operating income of 79.43M and revenue of 592.61M, resulting in an operating margin of 13.4%.

AFYA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Afya Limited reported a net income of 252.21M and revenue of 993.76M, resulting in a net margin of 25.4%.

KMT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kennametal Inc. reported a net income of 58.23M and revenue of 592.61M, resulting in a net margin of 9.8%.

Frequently Asked Questions

Can I hold both AFYA and KMT in my portfolio?

AFYA and KMT have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AFYA or KMT?

KMT has higher volatility (13.07%) compared to AFYA (7.35%). In terms of maximum drawdown, AFYA dropped -72.09% vs KMT's -70.10%.

Which has better risk-adjusted returns?

KMT currently has the higher Sharpe Ratio (1.46 vs -0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.