NXT.L vs. AFYA
NXT.L (Next plc) and AFYA (Afya Limited) are both stocks. NXT.L operates in Apparel Retail (Consumer Cyclical), while AFYA operates in Education & Training Services (Consumer Defensive). Over the past 5 years, NXT.L returned 13.87%/yr vs -8.04%/yr for AFYA. At a 0.07 correlation, their price movements are largely independent.
Performance
NXT.L vs. AFYA - Performance Comparison
Loading charts...
Different Trading Currencies
NXT.L is traded in GBp, while AFYA is traded in USD. To make them comparable, the AFYA values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, NXT.L achieves a 0.02% return, which is significantly higher than AFYA's -1.38% return.
NXT.L
- 1D
- 1.33%
- 1M
- 2.50%
- YTD
- 0.02%
- 6M
- -3.66%
- 1Y
- 8.06%
- 3Y*
- 31.21%
- 5Y*
- 13.87%
- 10Y*
- 13.29%
AFYA
- 1D
- 0.96%
- 1M
- 4.56%
- YTD
- -1.38%
- 6M
- -0.78%
- 1Y
- -15.43%
- 3Y*
- 4.19%
- 5Y*
- -8.04%
- 10Y*
- —
NXT.L vs. AFYA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NXT.L Next plc | 0.02% | 46.85% | 19.71% | 43.86% | -24.92% | 16.60% | 0.97% | 29.64% |
AFYA Afya Limited | -1.38% | -8.70% | -26.32% | 33.38% | 11.25% | -37.32% | -9.45% | 7.14% |
Correlation
The correlation between NXT.L and AFYA is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2019 | 0.07 |
Fundamentals
NXT.L:
£16.32B
AFYA:
$1.31B
NXT.L:
£11.72
AFYA:
$8.30
NXT.L:
11.37
AFYA:
1.75
NXT.L:
1.14
AFYA:
0.04
NXT.L:
1.42
AFYA:
0.35
NXT.L:
9.82
AFYA:
0.28
NXT.L:
£11.39B
AFYA:
$3.77B
NXT.L:
£5.00B
AFYA:
$2.42B
NXT.L:
£2.41B
AFYA:
$1.57B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NXT.L vs. AFYA — Risk / Return Rank
NXT.L
AFYA
NXT.L vs. AFYA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Next plc (NXT.L) and Afya Limited (AFYA). 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.
| NXT.L | AFYA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.92 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | -0.54 | +1.08 |
| Martin ratioReturn relative to average drawdown | 1.29 | -0.82 | +2.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NXT.L | AFYA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.35 | -0.57 | +0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | -0.20 | +0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | -0.16 | +0.64 |
Drawdowns
NXT.L vs. AFYA - Drawdown Comparison
The maximum NXT.L drawdown since its inception was -91.55%, which is greater than AFYA's maximum drawdown of -71.16%. Use the drawdown chart below to compare losses from any high point for NXT.L and AFYA.
Loading charts...
Drawdown Indicators
| NXT.L | AFYA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.55% | -71.16% | -20.39% |
Max Drawdown (1Y)Largest decline over 1 year | -14.96% | -28.51% | +13.55% |
Max Drawdown (3Y)Largest decline over 3 years | -14.96% | -43.32% | +28.36% |
Max Drawdown (5Y)Largest decline over 5 years | -45.80% | -62.07% | +16.27% |
Max Drawdown (10Y)Largest decline over 10 years | -53.81% | — | — |
Current DrawdownCurrent decline from peak | -5.58% | -56.56% | +50.98% |
Average DrawdownAverage peak-to-trough decline | -17.07% | -45.96% | +28.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.23% | 18.96% | -12.73% |
Volatility
NXT.L vs. AFYA - Volatility Comparison
Next plc (NXT.L) has a higher volatility of 8.26% compared to Afya Limited (AFYA) at 6.87%. This indicates that NXT.L's price experiences larger fluctuations and is considered to be riskier than AFYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NXT.L | AFYA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 6.87% | +1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 16.63% | 21.09% | -4.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.13% | 27.32% | -4.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.31% | 39.55% | -13.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.22% | 46.55% | -15.33% |
Dividends
NXT.L vs. AFYA - Dividend Comparison
NXT.L's dividend yield for the trailing twelve months is around 4.54%, which matches AFYA's 4.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFYA Afya Limited | 4.52% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXT.L Next plc | 4.54% | 1.79% | 2.27% | 2.54% | 6.08% | 1.35% | 0.00% | 2.39% | 5.14% | 6.48% | 4.37% | 5.25% |
Financials
NXT.L vs. AFYA - Financials Comparison
This section allows you to compare key financial metrics between Next plc and Afya Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NXT.L vs. AFYA - Profitability Comparison
NXT.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Next plc reported a gross profit of 1.68B and revenue of 3.76B. Therefore, the gross margin over that period was 44.6%.
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%.
NXT.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Next plc reported an operating income of 730.10M and revenue of 3.76B, resulting in an operating margin of 19.4%.
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%.
NXT.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Next plc reported a net income of 509.00M and revenue of 3.76B, resulting in a net margin of 13.6%.
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%.
Frequently Asked Questions
NXT.L and AFYA have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for NXT.L and AFYA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer