COGN3COGNA EDUCAÇÃO S.A.Company Data · 2T26updated 2026-08-24
COGNA EDUCAÇÃO S.A.
COGN3Emp. Adm. Part. - Educação
Cogna Educação S.A. operates as an educational organization in Brazil and internationally. It operates through three segments: Kroton, Vasta, and Saber. The company provides in-person and distance learning for higher education and postgraduate courses; and editing, marketing, and distribution of textbooks, paradidactic books and handouts. It also offers basic education, pre-university preparatory courses, and language courses; educational solutions for technical and higher education; and complementary activities, such as education technology development for services to complement management and training. In addition, the company advises on and/or facilitates direct and indirect financing for students; and develops software for adaptive teaching and academic management optimization. The company was incorporated in 1966 and is headquartered in Belo Horizonte, Brazil.
SectorEmp. Adm. Part. - Educação
Company HeadquartersBelo Horizonte, MG
Full Time Employees25.000
CEOMr. Roberto Afonso Valério Neto
Listing SegmentNovo Mercado
Foundation1966
Customer Rating—
Employee Rating—
Estrutura Acionária
Alaska Investimentos Ltda.15%
Robeco Institutional Asset Management B.V.5%
Free Float80%
Valuation
| Price | R$ 2,11 |
| Shares Outstanding | 2.001.229 |
| Market Capitalization | 4.223 |
| ( - ) Cash & Equivalents | 1.431 |
| ( + ) Total Debt | 6.687 |
| ( = ) Enterprise Value | 9.478 |
| P/E | 6,2x |
| EV / EBITDA | 4,0x |
Income Statement
| Revenue | 7.831 |
| EBITDA | 2.392 |
| EBIT | 1.465 |
| Net Income | 676 |
| SG&A % | (36,8%) |
Balance Sheet
| Assets | 24.534 |
| Cash | 1.431 |
| Total Debt | 6.687 |
| Net Debt | 5.255 |
| Fixed Assets | 18.303 |
| Working Capital | 1.711 |
| Equity | 13.744 |
Invested Capital & Reinvestment
| Invested Capital Turnover | 0,36x |
| Marginal IC Turnover | (5,53x) |
| Reinvestment % NOPAT | (4,4%) |
| Working Capital Turnover | 4,00x |
| Cash Conv. Cycle | 14,4 |
| Fixed Assets Turnover | 0,43x |
| D&A % Fixed Assets | 3,7% |
| Capex % Revenue | 7,0% |
Margins & Returns
| Revenue Growth | 16,3% |
| Gross Margin | 65,2% |
| EBITDA Margin | 30,6% |
| Net Income Margin | 8,6% |
| Effective Tax Rate | 4,2% |
| Operating Leverage | (0,16x) |
| RoIC | 6,5% |
| RoE | 4,9% |
Capital Structure
| Current Ratio | 1,88x |
| Financial Leverage | 1,79x |
| Asset Turnover | 0,32x |
| Net Debt / EBITDA | 2,20x |
| Net Debt & Lease / EBITDA | 3,35x |
Cash Flow
| CFO Conversion | 85,4% |
| FCFF Yield | 13,6% |
| FCFE Yield | 19,9% |
| Payout Ratio | 21,8% |
| Dividend Yield | 2,6% |
| Interest % FCFF | 33,7% |
Latest CVM filings
- 2026-08-12reported 2T26
- 2026-05-06reported 1T26
- 2026-03-11reported 4T25
- 2025-11-06reported 3T25
- 2025-08-06reported 2T25
- 2025-05-08reported 1T25