World Acceptance CorporationWRLD

$177.95+4.55 (+2.62%)
NASDAQFinancial Services24:00 UTC

Company snapshot

Market Cap
$844M
Small-cap
+124%
2016 — today
10-Year Price
+312%
2016 — today
52-Week Range
$115.57$184.43
Current $177.95· 91%

World Acceptance Corporation (WRLD) functions as a consumer finance provider, specializing in offering small-dollar loans. The company's product portfolio includes various installment loan types, ranging from short-term, modest sums to larger, medium-term credit facilities. Beyond direct lending, it furnishes a suite of complementary products and services. These encompass the sale of credit insurance—such as life, accident and health, property, auto, unemployment, and accidental death and dismemberment policies—marketed in conjunction with its loan offerings. Additionally, World Acceptance Corporation provides automobile club memberships to its borrowers and supports clients with income tax preparation and electronic filing services. Its primary demographic comprises individuals who encounter difficulties accessing credit through traditional channels like banks, credit unions, or larger financial institutions. Founded in 1962 and headquartered in Greenville, South Carolina, the corporation operated a network of 1,167 branches across seventeen U.S. states (Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee, Texas, Utah, and Wisconsin) as of March 31, 2022.

Valuation in context

P/E ratio
24.1
Historically pricey
Historically pricey — last 10 years
P/B ratio
2.4
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
15.0
Around average
Around the 10-year average
FCF Yield
30.3%
Around average
Around the 10-year average
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