AFYA vs. WMG

Last updated Apr 1, 2026

Compare and contrast key facts about Afya Limited (AFYA) and Warner Music Group Corp. (WMG).

Performance

AFYA vs. WMG - Performance Comparison

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

AFYA vs. WMG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AFYA Afya Limited	0.76%	-1.70%	-27.59%	40.40%	-0.57%	-37.91%	19.96%
WMG Warner Music Group Corp.	-16.19%	1.36%	-11.48%	4.44%	-17.21%	15.31%	27.16%

Fundamentals

EPS AFYA : $8.27 WMG : $0.88
PE Ratio AFYA : 1.80 WMG : 29.04
PEG Ratio AFYA : 0.05 WMG : 2.99
PS Ratio AFYA : 0.37 WMG : 1.29
Total Revenue (TTM) AFYA : $3.71B WMG : $6.88B
Gross Profit (TTM) AFYA : $2.39B WMG : $3.16B
EBITDA (TTM) AFYA : $1.58B WMG : $949.00M

Returns By Period

In the year-to-date period, AFYA achieves a 0.76% return, which is significantly higher than WMG's -16.19% return.

AFYA

• 1D: -0.34%
• 1M: 14.17%
• YTD: 0.76%
• 6M: -0.46%
• 1Y: -13.40%
• 3Y*: 12.12%
• 5Y*: -4.21%
• 10Y*: —

WMG

• 1D: 5.98%
• 1M: -10.70%
• YTD: -16.19%
• 6M: -24.05%
• 1Y: -16.42%
• 3Y*: -6.39%
• 5Y*: -3.55%
• 10Y*: —

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

Return for Risk

AFYA vs. WMG — Risk / Return Rank

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

AFYA

AFYA Risk / Return Rank: 24
AFYA Sharpe Ratio Rank: 20
AFYA Sortino Ratio Rank: 19
AFYA Omega Ratio Rank: 20
AFYA Calmar Ratio Rank: 29
AFYA Martin Ratio Rank: 31

WMG

WMG Risk / Return Rank: 18
WMG Sharpe Ratio Rank: 18
WMG Sortino Ratio Rank: 18
WMG Omega Ratio Rank: 18
WMG Calmar Ratio Rank: 23
WMG Martin Ratio Rank: 13

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. WMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Afya Limited (AFYA) and Warner Music Group Corp. (WMG). 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.

	AFYA	WMG	Difference
Sharpe ratio Return per unit of total volatility	-0.48	-0.54	+0.06
Sortino ratio Return per unit of downside risk	-0.50	-0.57	+0.07
Omega ratio Gain probability vs. loss probability	0.94	0.93	+0.01
Calmar ratio Return relative to maximum drawdown	-0.40	-0.57	+0.17
Martin ratio Return relative to average drawdown	-0.61	-1.39	+0.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AFYA vs. WMG - Sharpe Ratio Comparison

The current AFYA Sharpe Ratio is -0.48, which is comparable to the WMG Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of AFYA and WMG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AFYA	WMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	-0.54	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	-0.10	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	-0.02	-0.10

Correlation

The correlation between AFYA and WMG is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AFYA vs. WMG - Dividend Comparison

AFYA's dividend yield for the trailing twelve months is around 4.41%, more than WMG's 2.94% yield.

	TTM	2025	2024	2023	2022	2021	2020
AFYA Afya Limited	4.41%	1.51%	0.00%	0.00%	0.00%	0.00%	0.00%
WMG Warner Music Group Corp.	2.94%	2.41%	2.26%	1.84%	1.77%	1.25%	0.63%

Drawdowns

AFYA vs. WMG - Drawdown Comparison

The maximum AFYA drawdown since its inception was -72.09%, which is greater than WMG's maximum drawdown of -54.04%. Use the drawdown chart below to compare losses from any high point for AFYA and WMG.

Drawdown Indicators

	AFYA	WMG	Difference
Max Drawdown Largest peak-to-trough decline	-72.09%	-54.04%	-18.05%
Max Drawdown (1Y) Largest decline over 1 year	-32.89%	-30.04%	-2.85%
Max Drawdown (5Y) Largest decline over 5 years	-67.60%	-54.04%	-13.56%
Current Drawdown Current decline from peak	-51.33%	-43.11%	-8.22%
Average Drawdown Average peak-to-trough decline	-42.89%	-26.85%	-16.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.36%	12.17%	+9.19%

Volatility

AFYA vs. WMG - Volatility Comparison

The current volatility for Afya Limited (AFYA) is 8.84%, while Warner Music Group Corp. (WMG) has a volatility of 12.78%. This indicates that AFYA experiences smaller price fluctuations and is considered to be less risky than WMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AFYA	WMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.84%	12.78%	-3.94%
Volatility (6M) Calculated over the trailing 6-month period	19.18%	23.22%	-4.04%
Volatility (1Y) Calculated over the trailing 1-year period	27.93%	30.69%	-2.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.86%	34.68%	+6.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.52%	34.85%	+12.67%

Financials

AFYA vs. WMG - Profitability Comparison

The chart below illustrates the profitability comparison between Afya Limited and Warner Music Group Corp. 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 Apr 2026, Afya Limited reported a gross profit of 572.94M and revenue of 926.87M. Therefore, the gross margin over that period was 61.8%.

WMG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Warner Music Group Corp. reported a gross profit of 853.00M and revenue of 1.84B. Therefore, the gross margin over that period was 46.4%.

AFYA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Afya Limited reported an operating income of 276.97M and revenue of 926.87M, resulting in an operating margin of 29.9%.

WMG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Warner Music Group Corp. reported an operating income of 288.00M and revenue of 1.84B, resulting in an operating margin of 15.7%.

AFYA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Afya Limited reported a net income of 175.59M and revenue of 926.87M, resulting in a net margin of 18.9%.

WMG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Warner Music Group Corp. reported a net income of 176.00M and revenue of 1.84B, resulting in a net margin of 9.6%.