AFYA
Afya Limited
AFYA trails on the overall score without a compensating advantage in the available component scores.
CELH
Celsius Holdings, Inc.
CELH has the edge over AFYA overall, supported by stronger valuation and stronger fundamentals.
AFYA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Healthy |
AFYA's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
AFYA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 6.7x | $10.33 | — |
| Cheap | 11x | $16.60 | +61% |
| Fair | 21x | $31.84 | +208% |
| Expensive | 42x | $64.46 | +524% |
Historical ranges are pointers, not guarantees.
AFYA has the edge over CELH in the historical PE scenario, which offers more potential upside but is not a forecast.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH's PE is in its cheap range at 35x. If earnings grow as analysts expect, today's price would be 21x next year's earnings.
AFYA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect AFYA's earnings, revenue and profitability to hold roughly steady.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
CELH has the edge over AFYA on the outlook, with more favorable earnings and revenue expectations.
AFYA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $1.55 | +14% |
| Q1 2026 | $1.48 | +10% |
| Q4 2025 | $1.48 | +19% |
| Q3 2025 | $1.43 | +25% |
| Q2 2025 | $1.36 | +25% |
| Q1 2025 | $1.34 | +43% |
| Q4 2024 | $1.24 | +61% |
| Q3 2024 | $1.14 | +63% |
AFYA has the edge over CELH on earnings, with more consistent year-over-year improvement.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH earned $0.90 per share over the past year, about eight times what it earned the year before.
AFYA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $178M | +8.1% |
| Q1 2026 | $177.9M | +6.1% |
| Q4 2025 | $165.9M | +9.2% |
| Q3 2025 | $166.2M | +10% |
| Q2 2025 | $164.6M | +14% |
| Q1 2025 | $167.6M | +16% |
| Q4 2024 | $152M | +16% |
| Q3 2024 | $150.6M | +16% |
AFYA's revenue has grown year over year every quarter since late 2020: $178M last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 30% | -1 points |
| Q1 2026 | 39% | -1 points |
| Q4 2025 | 30% | -0.5 points |
| Q3 2025 | 30% | +2.1 points |
| Q2 2025 | 31% | +2.5 points |
| Q1 2025 | 40% | +3.8 points |
| Q4 2024 | 30% | +7 points |
| Q3 2024 | 28% | +1.5 points |
AFYA has the edge over CELH on profitability, with a higher operating margin.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH's revenue has grown year over year for six quarters in a row: $847M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH's operating margin was 20% last quarter, up 31 points from the same quarter a year ago.
AFYA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $31M | -3.1% |
| Q1 2026 | $74.8M | +2.5% |
| Q4 2025 | $25.1M | -42% |
| Q3 2025 | $76.6M | +42% |
| Q2 2025 | $32M | -13% |
| Q1 2025 | $73M | +25% |
| Q4 2024 | $43.1M | +$45.6M |
| Q3 2024 | $54M | +336% |
AFYA has the edge over CELH on cash flow, with more consistent year-over-year improvement.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH still generates free cash flow, though less than at its 2025 peak: $269M over the past year.
AFYA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -830K shares |
| 1 year | -2.6% | -2.4M shares |
| 3 years | -1.1% | -982K shares |
| 5 years | -5.2% | -4.9M shares |
| Available history | +2.8% | +2.4M shares |
AFYA has the edge over CELH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $12.1M |
| Q1 2026 | $12.2M |
| Q4 2025 | $12M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
AFYA spent $36M buying back its own shares over the past year, after none the year before.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has 255M diluted shares, down 1.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
AFYA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.3x | Healthy |
| Q1 2026 | 1.1x | Healthy |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 1.2x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.7x | Healthy |
| Q3 2024 | 1.8x | Healthy |
AFYA's net debt is about 1.3 years of its operating earnings (EBITDA), about the same as a year ago.
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has the edge over AFYA on leverage, with a lower net debt burden relative to earnings.
AFYA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.7 | Neutral |
| Stochastic | 13.7 | Oversold |
AFYA's weekly RSI is 34 (neutral) and its Stochastic is 14 (oversold).
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
AFYA PE vs Consumer Defensive Sector
| Metric | AFYA | Sector median | Relative |
|---|---|---|---|
| PE | 6.7x | 19x | 66% below |
| PE % | 1 | 18 | 17 pts below |
AFYA has the edge over CELH on valuation relative to its sector.
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
AFYA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.6 | 18% below |
| 20 week MA | $13.6 | 24% below |
| 50 week MA | $14.1 | 27% below |
| 100 week MA | $15.2 | 32% below |
| 200 week MA | $15.8 | 35% below |
AFYA is in a downtrend: it's below all five of its weekly moving averages, and 35% below its 200-week average.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has the edge over AFYA on trend strength, trading above more of its moving averages.
AFYA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.1 | $25.5 | -6.2% |
| 2021 | $25.5 | $14.6 | -43% |
| 2022 | $14.6 | $15.5 | +5.8% |
| 2023 | $15.5 | $21.9 | +42% |
| 2024 | $21.9 | $15.9 | -28% |
| 2025 | $15.9 | $15.0 | -5.7% |
| 2026 YTD | $15.0 | $10.3 | -31% |
AFYA has finished lower in four of the last six years. It's down 31% so far in 2026.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH has the edge over AFYA on returns for 2026, with the stronger performance.