-1.53%
25.54%
23.72%
15.59%
7.50%
-25.30%
63.25%
AI Spotlight on WRLD
Company Description
World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business.The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals.It also provides automobile club memberships to its borrowers; and income tax return preparation and electronic filing services.
In addition, the company markets and sells credit life, credit accident and health, credit property and auto, unemployment, and accidental death and dismemberment insurance in connection with its loans.It serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses, and credit card lenders.As of March 31, 2022, it operated 1,167 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee, Texas, Utah, and Wisconsin.
World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.
Market Data
| Last Price | 141.16 |
| Change Percentage | -1.53% |
| Open | 140.12 |
| Previous Close | 143.36 |
| Market Cap ( Millions) | 812 |
| Volume | 24052 |
| Year High | 161.63 |
| Year Low | 101.85 |
| M A 50 | 118.97 |
| M A 200 | 122.17 |
Financial Ratios
| FCF Yield | 12335.66% |
| Dividend Yield | 0.00% |
| ROE | 20.05% |
| Debt / Equity | 140.80% |
| Net Debt / EBIDTA | 358.16% |
| Price To Book | 1.85 |
| Price Earnings Ratio | 9.21 |
| Price To FCF | 0.01 |
| Price To sales | 1.45 |
| EV / EBITDA | 8.61 |
News
- Jan -29 - World Acceptance Corporation (WRLD) Hit a 52 Week High, Can the Run Continue?
- Jan -28 - World Acceptance Corporation (WRLD) Q3 2025 Earnings Call Transcript
- Jan -28 - World Acceptance (WRLD) Q3 Earnings and Revenues Top Estimates
- Jan -28 - World Acceptance Corporation Reports Fiscal 2025 Third Quarter Results
- Jan -21 - World Acceptance Corporation Announces Third Quarter 2025 Conference Call on the Internet
- Oct -25 - World Acceptance Corporation (WRLD) Q2 2025 Earnings Call Transcript
- Oct -25 - World Acceptance (WRLD) Surpasses Q2 Earnings Estimates
- Oct -25 - World Acceptance Corporation Reports Fiscal 2025 Second Quarter Results
- Jul -26 - World Acceptance Corporation (WRLD) Q1 2025 Earnings Call Transcript
- Jul -26 - World Acceptance (WRLD) Q1 Earnings Top Estimates
- Jul -19 - World Acceptance Corporation Announces First Quarter 2025 Conference Call on the Internet
- May -28 - 3 Payday Loan Stocks Set to Cash In on Summer Spending
- May -22 - Zacks Industry Outlook Mr. Cooper, World Acceptance and EZCORP
- May -21 - 3 Consumer Loan Stocks to Buy From a Prospering Industry
- May -20 - National Bank of Canada FI Decreases Stake in World Acceptance Co. (NASDAQ:WRLD)
- May -04 - World Acceptance Corporation (WRLD) Q4 2024 Earnings Call Transcript
- May -02 - World Acceptance (WRLD) Tops Q4 Earnings and Revenue Estimates
- May -02 - World Acceptance Corporation Reports Fiscal 2024 Fourth Quarter Results
- Apr -25 - World Acceptance Corporation Announces Fourth Quarter 2024 Conference Call on the Internet
- Apr -15 - ROSEN, A TOP RANKED LAW FIRM, Encourages World Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - WRLD
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Consumer Finance
Expected Growth : 7.88 %
What the company do ?
Consumer Finance from World Acceptance Corporation provides personal loans and other credit products to individuals, offering flexible repayment terms and competitive interest rates.
Why we expect these perspectives ?
World Acceptance Corporation's 7.88% growth in Consumer Finance is driven by increasing demand for short-term loans, expansion into new markets, and strategic partnerships. Additionally, the company's focus on providing affordable financial solutions to underserved communities and its efficient online lending platform have contributed to its growth.
World Acceptance Corporation Products
| Product Range | What is it ? |
|---|---|
| Installment Loans | Short-term loans that provide customers with immediate access to cash, with repayment terms ranging from 4 to 12 months. |
| Line of Credit | A revolving credit line that allows customers to borrow and repay funds as needed, with flexible repayment terms. |
| Refinancing Loans | Loans that allow customers to refinance existing debts, consolidating multiple payments into one loan with a single interest rate and repayment term. |
| Retail Sales Financing | Financing options for customers purchasing goods and services from participating retailers, with flexible repayment terms. |
World Acceptance Corporation's Porter Forces
Threat Of Substitutes
World Acceptance Corporation operates in the financial services industry, which is highly competitive. However, the company's focus on providing consumer loans and credit insurance products helps to differentiate it from other financial institutions. While there are substitutes available, such as credit unions and online lenders, World Acceptance Corporation's established brand and extensive branch network help to mitigate the threat of substitutes.
Bargaining Power Of Customers
World Acceptance Corporation's customers are primarily individuals and small businesses, which have limited bargaining power. The company's products and services are designed to meet the specific needs of these customers, and the company has a strong reputation for providing personalized service. As a result, customers are less likely to negotiate prices or demand customized products.
Bargaining Power Of Suppliers
World Acceptance Corporation's suppliers are primarily vendors that provide goods and services to support the company's operations. The company has a diverse supplier base, and no single supplier has significant bargaining power. Additionally, the company's scale and reputation help to negotiate favorable terms with suppliers.
Threat Of New Entrants
The financial services industry is highly regulated, and new entrants face significant barriers to entry. However, the rise of fintech companies and online lenders has increased competition in the industry. World Acceptance Corporation's established brand and extensive branch network help to mitigate the threat of new entrants, but the company must continue to innovate and adapt to changing market conditions.
Intensity Of Rivalry
The financial services industry is highly competitive, and World Acceptance Corporation operates in a crowded market. The company faces competition from traditional banks, credit unions, and online lenders, as well as fintech companies and other financial institutions. The company's ability to differentiate itself through its products and services, as well as its strong brand and extensive branch network, helps to mitigate the intensity of rivalry.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 54.99% |
| Debt Cost | 10.73% |
| Equity Weight | 45.01% |
| Equity Cost | 11.02% |
| WACC | 10.86% |
| Leverage | 122.19% |
World Acceptance Corporation : Quality Control
World Acceptance Corporation passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NICK | Nicholas Financial, Inc. operates as a consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and … |
| ENVA | Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; receivables … |
| PMTS | CPI Card Group Inc., together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through Debit and Credit, and Prepaid … |
| NRDS | NerdWallet, Inc. operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers. The company's platform offers guidance … |
| ATLC | Atlanticus Holdings Corporation provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Enova International
A-Score
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Atlanticus
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CPI Card Group
A-Score
1-Year Total Return ->
4
World Acceptance
A-Score
1-Year Total Return ->
5
Nicholas Financial
A-Score
1-Year Total Return ->
6
