B3 · BRL
COGN3
Cogna Educacao S.A.
- Day's range
- R$2.17 – R$2.34
- Day's volume
- R$93.1m
- 52-week range
- R$1.99 – R$4.75
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See how COGN3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountCOGN3 in numbers
- Market cap
- R$4.8bn
- P/E
- 0.89
- P/B
- 0.05
- Dividend yield (12m)
- 5.56%
- Net debt/EBITDA
- 3.87
The 12-month dividend yield of COGN3 is 5.56%, above its 5-year average of 0.42%.
COGN3 price history
COGN3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -25.24% | -3.59% | -5.37% |
| Volatility (annualised) | 58.43% | 57.23% | 55.88% |
| Largest drawdown | -51.85% | -68.77% | -68.77% |
| Positive months | 5/12 | 15/36 | 27/60 |
How much did investing in COGN3 return?
R$1,000.00 invested on 01/09/2021 would be worth R$946.30 today.
- Value today in COGN3
- R$946.30
- Return over the period
- -5.37%
- Return per year
- -1.10%
- In the Ibovespa
- R$1,657.66
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
COGN3 fundamentals
Valuation
- P/E0.89
- P/B0.05
- EV/EBITDA6.05
- EV/EBIT9.06
- EV/Revenue1.69
- P/EBIT3.27
- P/S0.61
- P/OCF3.11
- P/FCF18.40
- Earnings yield11.04%
- PEG ratio—
- Earnings per shareR$2.61
- Book value per shareR$51.11
Debt
- Net debtR$8.5bn
- Net debt/EBITDA3.87
- Net debt/Equity0.62
- Debt/Equity0.72
- Current ratio1.88
- Quick ratio1.70
- Cash ratio0.53
Efficiency
- Gross margin65.20%
- EBITDA margin28.00%
- Operating margin18.70%
- Net margin8.63%
- Asset turnover0.32
Profitability
- ROE5.11%
- ROA2.76%
- ROIC6.31%
- Payout4.94%
Growth
- Revenue CAGR (5 years)11.58%
- Earnings CAGR (5 years)—
- Revenue growth (year)9.80%
- Earnings growth (year)-28.91%
- Revenue growth (quarter)16.29%
- Earnings growth (quarter)-36.80%
What is COGN3's fair price?
Two classic value formulas, with today's numbers. The current price is R$2.32.
- Graham's fair price
- R$54.81
- 2,262.44% above the price
√(22.50 × R$2.61 × R$51.11)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- R$0.22
- 90.41% below the price
R$0.01 (5-year average) ÷ 6%
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
COGN3 indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 11.47 | 2.32 | -13.29 | -7.52 | -9.44 | -1.50 | 91.18 | 10.39 |
| P/B | 0.53 | 0.15 | 0.52 | 0.30 | 0.34 | 0.61 | 1.35 | 0.91 |
| EV/EBITDA | 7.93 | 5.64 | 12.44 | 15.67 | 20.90 | — | 18.43 | 15.86 |
| Dividend yield | 2.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.16% | 4.86% |
| Earnings per share | R$0.30 | R$0.47 | -R$0.26 | -R$0.28 | -R$0.26 | -R$3.09 | R$0.13 | R$0.85 |
| Book value per share | R$6.52 | R$7.22 | R$6.77 | R$7.06 | R$7.34 | R$7.61 | R$8.44 | R$9.74 |
| ROE | 4.65% | 6.50% | -3.88% | -3.99% | -3.55% | -40.64% | 1.49% | 8.77% |
| ROIC | 5.93% | 5.88% | 3.11% | 1.13% | 0.27% | -11.10% | 2.89% | 4.33% |
| Gross margin | 68.79% | 66.93% | 63.73% | 63.38% | 60.16% | 63.05% | 60.02% | 62.57% |
| EBITDA margin | 28.31% | 31.93% | 24.07% | 19.11% | 17.37% | -45.95% | 31.52% | 28.41% |
| Net margin | 8.91% | 13.77% | -8.48% | -10.39% | -10.24% | -110.19% | 3.35% | 23.16% |
| Net debt/EBITDA | 4.32 | 4.64 | 7.76 | 11.58 | 15.34 | — | 8.74 | 7.39 |
COGN3 financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$7bn | R$6.4bn | R$5.8bn | R$5.1bn | R$4.8bn | R$5.3bn |
| Cost of sales | -R$2.2bn | -R$2.1bn | -R$2.1bn | -R$1.9bn | -R$1.9bn | -R$1.9bn |
| Gross profit | R$4.8bn | R$4.3bn | R$3.7bn | R$3.2bn | R$2.9bn | R$3.3bn |
| EBITDA | R$2bn | R$2bn | R$1.4bn | R$973m | R$830m | -R$2.4bn |
| EBIT | R$1.3bn | R$1.4bn | R$732.2m | R$303.3m | R$78.4m | -R$3.2bn |
| Net finance result | -R$728m | -R$689.1m | -R$903.7m | -R$895.4m | -R$583.8m | -R$598.7m |
| Profit before tax | R$579m | R$662.8m | -R$171.6m | -R$592.1m | -R$505.4m | -R$3.8bn |
| Income tax | R$7.1m | R$332.1m | -R$295.7m | R$51.1m | R$43.8m | R$209.2m |
| Net income | R$625.5m | R$879.9m | -R$492.9m | -R$528.9m | -R$489.1m | -R$5.8bn |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
COGN3 against its sector
The same indicators for the company's other shares and the sector's largest stocks.
| Stock | P/E | P/B | Dividend yield (12m) | ROE | Market cap |
|---|---|---|---|---|---|
| COGN3Cogna Educação | 0.89 | 0.05 | 5.56% | 5.11% | R$4.8bn |
| GGPS3GPS PARTICIPACOES E EMPREENDIMENTOS S.A. | 10.31 | 2.10 | 2.59% | 20.36% | R$9.4bn |
| TTEN3TRÊS TENTOS AGROINDUSTRIAL S/A | 8.68 | 1.02 | 1.79% | 11.76% | R$5.1bn |
| OPCT3OCEANPACT SERVICOS MARITIMOS S.A. | 25.45 | 4.12 | 1.08% | 16.19% | R$4.3bn |
| YDUQ3YDUQS PARTICIPACOES S.A. | 26.89 | 1.05 | 5.11% | 3.89% | R$3.1bn |
| VTRU3VITRU EDUCAÇÃO S.A | 2.07 | 0.56 | 0.17% | 27.23% | R$2.3bn |
Does COGN3 pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 23/12/2025 | 20/12/2028 | R$0.05 |
Dividend yield per year
- 2.54%2017
- 4.86%2018
- 1.16%2019
- 0.00%2020
- 0.00%2021
- 0.00%2022
- 0.00%2023
- 0.00%2024
- 2.11%2025
- 3.47%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 27/04/2026 | 29/05/2026 | R$0.01 |
| Dividend | 23/12/2025 | 13/02/2026 | R$0.07 |
| Dividend | 28/04/2025 | 30/05/2025 | R$0.07 |
| Dividend | 19/11/2019 | 29/11/2019 | R$0.00 |
| Dividend | 20/08/2019 | 29/08/2019 | R$0.03 |
| Dividend | 21/05/2019 | 30/05/2019 | R$0.06 |
| Dividend | 04/04/2019 | 15/04/2019 | R$0.03 |
| Dividend | 16/11/2018 | 27/11/2018 | R$0.08 |
| Dividend | 20/08/2018 | 29/08/2018 | R$0.11 |
| Dividend | 17/05/2018 | 28/05/2018 | R$0.11 |
| Dividend | 22/03/2018 | 03/04/2018 | R$0.09 |
| Dividend | 16/11/2017 | 27/11/2017 | R$0.10 |
See all 33 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 17/08/2017 | 28/08/2017 | R$0.13 |
| Dividend | 18/05/2017 | 29/05/2017 | R$0.12 |
| Dividend | 28/03/2017 | 10/04/2017 | R$0.08 |
| Dividend | 16/11/2016 | 25/11/2016 | R$0.08 |
| Dividend | 17/08/2016 | 26/08/2016 | R$0.11 |
| Dividend | 12/05/2016 | 30/05/2016 | R$0.12 |
| Dividend | 15/03/2016 | 28/03/2016 | R$0.04 |
| Dividend | 12/11/2015 | 18/11/2015 | R$0.05 |
| Dividend | 12/08/2015 | 20/08/2015 | R$0.06 |
| Dividend | 03/07/2014 | 21/07/2014 | R$1.12 |
| Dividend | 13/05/2014 | 26/05/2014 | R$0.24 |
| Dividend | 18/03/2014 | 31/03/2014 | R$0.10 |
| Dividend | 14/05/2013 | 07/06/2013 | R$0.15 |
| Dividend | 20/03/2013 | 15/04/2013 | R$0.17 |
| Dividend | 25/06/2009 | 15/09/2009 | R$0.06 |
| Dividend | 03/04/2009 | 15/04/2009 | R$0.06 |
| Dividend | 12/05/2015 | — | R$0.05 |
| Dividend | 03/07/2014 | — | R$0.34 |
| Dividend | 07/11/2013 | — | R$0.11 |
| Dividend | 08/08/2013 | — | R$0.09 |
| Dividend | 19/04/2013 | — | R$0.06 |
| Event | Last day to own | Ratio |
|---|---|---|
| Bonus shares | 23/12/2025 | 10.00% in shares |
| Split | 11/09/2014 | 4 for 1 |
| Split | 05/03/2013 | 2 for 1 |
| Share consolidation | 04/12/2012 | 1 for 7 |
About Cogna Educação
- Sector
- Educação
- Segment
- Serviços Educacionais
- Listing segment
- Novo Mercado
- Tag along
- 100.00%
- Free float
- 92.96%
- Shares issued
- 2.06bn ordinary
- Average daily trading
- R$64.6m
- Ibovespa weight
- 0.16%
- Listed since
- 08/06/2007
- CNPJ
- 02.800.026/0001-40
A Cogna Educação S.A. é uma companhia brasileira de serviços educacionais com atuação em ensino básico, ensino superior presencial e digital, conteúdo didático e soluções para escolas e redes de ensino. A empresa opera por meio de marcas e plataformas que cobrem diferentes etapas da jornada educacional, de educação básica à pós-graduação. A estrutura de negócios é segmentada em unidades voltadas a B2C e B2B, incluindo operação de instituições de ensino superior, distribuição de conteúdo educacional e serviços de tecnologia aplicados à aprendizagem. O portfólio combina receitas de mensalidades, materiais, sistemas de ensino e serviços acadêmicos. A companhia é listada na B3 e integra o setor de educação, com foco em escala operacional, digitalização e eficiência acadêmica. Sua presença nacional envolve campi, polos de ensino a distância e relacionamento com redes públicas e privadas de educação.
Investor website| Shareholder | Ordinary | Preferred | Total |
|---|---|---|---|
| Alaska Investimentos Ltda. | 15.34% | 0.00% | 15.34% |
| Robeco Institutional Asset Management B.V. | 5.04% | 0.00% | 5.04% |
| Outros | 76.60% | 0.00% | 76.60% |
| Ações Tesouraria | 3.02% | 0.00% | 3.02% |
Questions about COGN3
How much is COGN3 today?
COGN3 is at R$2.32 (5.45% on the day), last traded on 30/09/2026.
How much did COGN3 pay in dividends in 2025?
COGN3 paid R$0.07 per share in 2025, a dividend yield of 2.11%.
When is the next COGN3 dividend?
The next announced payment is R$0.05 per share on 20/12/2028.
What are the P/E and P/B of COGN3?
COGN3 trades at a P/E of 0.89 and a P/B of 0.05.
How much did COGN3 return in 12 months?
COGN3 returned -25.24% in 12 months, with annualised volatility of 58.43% and a largest drawdown of -51.85%.
What sector is COGN3 in?
Cogna Educação is in the Educação sector, Serviços Educacionais segment.