World Acceptance Corporation
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- Market Cap.:
- $486.89 million
- Book Value:
- Revenue TTM:
- $617.27 million
- Operating Margin TTM:
- Gross Profit TTM:
- $396.64 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
World Acceptance Corporation had its IPO on 1991-11-26 under the ticker symbol WRLD.
The company operates in the Financial Services sector and Credit Services industry. World Acceptance Corporation has a staff strength of 3,121 employees.
Shares of World Acceptance Corporation opened at $77.06 at the start of the last trading session i.e. 2023-03-24.
The stocks traded within a range of $75.19 - $78.99, and closed at $77.97.
This is a -0.43% slip from the previous day's closing price.
A total volume of 57,487 shares were traded at the close of the day’s session.
In the last one week, shares of World Acceptance Corporation have slipped by -5.58%.
World Acceptance Corporation's Key Ratios
World Acceptance Corporation has a market cap of $486.89 million, indicating a price to book ratio of 1.9433 and a price to sales ratio of 0.6409.
In the last 12-months World Acceptance Corporation’s revenue was $617.27 million with a gross profit of $396.64 million and an EBITDA of $71.81 million. The EBITDA ratio measures World Acceptance Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, World Acceptance Corporation’s operating margin was 9.83% while its return on assets stood at 3.05% with a return of equity of 3.63%.
In Q4, World Acceptance Corporation’s quarterly earnings growth was a negative -14% while revenue growth was a negative 1.4%.
World Acceptance Corporation’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $2.14 per share while it has a forward price to earnings multiple of 23.4742 and a PEG multiple of 7.1. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into World Acceptance Corporation’s profitability.
World Acceptance Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.6409.
World Acceptance Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.22 billion
- Total Liabilities
- $857.35 million
- Operating Cash Flow
- Capital Expenditure
- $2.74 million
- Dividend Payout Ratio
World Acceptance Corporation ended 2023 with $1.22 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.22 billion while shareholder equity stood at $359.63 million.
World Acceptance Corporation ended 2023 with $0 in deferred long-term liabilities, $857.35 million in other current liabilities, in common stock, $73.39 million in retained earnings and $7.37 million in goodwill. Its cash balance stood at $20.96 million and cash and short-term investments were $20.96 million. The company’s total short-term debt was $808,550,813 while long-term debt stood at $722.54 million.
World Acceptance Corporation’s total current assets stands at $1.00 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.79 million compared to accounts payable of $48.80 million and inventory worth $0.
In 2023, World Acceptance Corporation's operating cash flow was $0 while its capital expenditure stood at $2.74 million.
Comparatively, World Acceptance Corporation paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
World Acceptance Corporation stock is currently trading at $77.97 per share. It touched a 52-week high of $209.88 and a 52-week low of $209.88. Analysts tracking the stock have a 12-month average target price of $57.
Its 50-day moving average was $90.18 and 200-day moving average was $96.56 The short ratio stood at 8.3 indicating a short percent outstanding of 0%.
Around 850.6% of the company’s stock are held by insiders while 8880% are held by institutions.
Frequently Asked Questions About World Acceptance Corporation
Similar Industry Stocks (Credit Services)
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.