WRLD - World Acceptance Corp Stock Price, Fair Value and News

137.72USD-1.48 (-1.06%)Market Closed

Market Summary

USD137.72-1.48

Market Closed

-1.06%

WRLD Stock Price

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WRLD RSI Chart

WRLD Valuation

Market Cap

837.4M

Price/Earnings (Trailing)

12.33

Price/Sales (Trailing)

1.46

EV/EBITDA

5.97

Price/Free Cashflow

3.2

WRLD Price/Sales (Trailing)

WRLD Profitability

EBT Margin

14.42%

Return on Equity

16.69%

Return on Assets

6.07%

Free Cashflow Yield

31.28%

WRLD Fundamentals

WRLD Revenue

Revenue (TTM)

574.8M

Rev. Growth (Yr)

-5.99%

Rev. Growth (Qtr)

0.64%

WRLD Earnings

Earnings (TTM)

67.9M

Earnings Growth (Yr)

187.1%

Earnings Growth (Qtr)

3.62%

Breaking Down WRLD Revenue

Last 7 days

5.2%

Last 30 days

0.6%

Last 90 days

-0.4%

Trailing 12 Months

49.3%

How does WRLD drawdown profile look like?

WRLD Financial Health

WRLD Investor Care

Buy Backs (1Y)

2.38%

Diluted EPS (TTM)

11.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	616.5M	598.0M	583.6M	574.8M
2022	585.2M	613.4M	626.9M	624.4M
2021	525.5M	531.3M	544.7M	562.8M
2020	590.0M	575.5M	558.3M	542.3M
2019	544.5M	560.2M	574.6M	584.0M
2018	502.7M	508.8M	517.0M	528.9M
2017	531.7M	521.3M	511.0M	505.8M
2016	557.5M	547.3M	540.2M	531.3M
2015	610.2M	601.5M	589.7M	580.7M
2014	599.3M	604.9M	608.0M	601.5M
2013	583.7M	591.2M	596.8M	602.4M
2012	540.2M	549.8M	557.1M	570.8M
2011	491.4M	504.2M	518.3M	528.2M
2010	440.6M	453.3M	466.0M	478.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of World Acceptance Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 01, 2024	umstetter luke j.	sold	-52,564	131	-400	see remarks
Dec 01, 2023	calmes john l jr	acquired	562,380	86.52	6,500	see remarks
Dec 01, 2023	calmes john l jr	sold	-738,933	113	-6,500	see remarks
Oct 15, 2023	calmes john l jr	sold (taxes)	-365,428	123	-2,952	see remarks
Oct 15, 2023	childers jason e.	sold (taxes)	-172,192	123	-1,391	svp, information technology
Oct 15, 2023	umstetter luke j.	sold (taxes)	-286,945	123	-2,318	svp, general counsel
Oct 15, 2023	caulder alice lindsay	sold (taxes)	-172,192	123	-1,391	svp, human resources
Oct 15, 2023	dyer daniel clinton	sold (taxes)	-365,428	123	-2,952	chief branch operation officer
Oct 15, 2023	prashad r chad	sold (taxes)	-504,568	123	-4,076	president and ceo
Oct 15, 2023	mcintyre scott	sold (taxes)	-172,192	123	-1,391	svp, accounting

Which funds bought or sold WRLD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Louisiana State Employees Retirement System	unchanged	-	24,565	246,466	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-16.17	-12,000	162,000	-%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	new	-	649,655	649,655	0.01%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	7,256	272,938	-%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-2.1	24,000	296,000	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	43.00	435	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	new	-	241,537	241,537	-%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	new	-	967,886	967,886	0.03%
Apr 12, 2024	Range Financial Group LLC	sold off	-100	-544,441	-	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	new	-	1,160	1,160	-%

Are Funds Buying or Selling WRLD?

Are funds buying WRLD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WRLD

No. of Funds

Unveiling World Acceptance Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	cas investment partners, llc	9.0%	562,491	SC 13G/A
Feb 13, 2024	vanguard group inc	5.99%	372,666	SC 13G/A
Jan 24, 2024	blackrock inc.	9.6%	599,853	SC 13G/A
Feb 14, 2023	cas investment partners, llc	12.0%	755,768	SC 13G/A
Feb 09, 2023	vanguard group inc	7.60%	475,368	SC 13G/A
Jan 24, 2023	blackrock inc.	9.4%	590,267	SC 13G
Feb 14, 2022	cas investment partners, llc	11.3%	755,768	SC 13G/A
Jan 27, 2022	blackrock inc.	10.1%	679,343	SC 13G/A
Jan 25, 2022	blackrock inc.	10.1%	679,343	SC 13G/A
Mar 10, 2021	blackrock inc.	10.1%	684,085	SC 13G/A

Recent SEC filings of World Acceptance Corp

View All Filings

Date Filed	Form Type	Document
Mar 19, 2024	UPLOAD	UPLOAD
Mar 08, 2024	CORRESP	CORRESP
Feb 28, 2024	8-K	Current Report
Feb 22, 2024	8-K	Current Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 07, 2024	10-Q	Quarterly Report
Feb 02, 2024	4	Insider Trading
Feb 01, 2024	144	Notice of Insider Sale Intent
Jan 24, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to World Acceptance Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MA	436.4B	25.1B	-2.88%	25.45%	38.98	17.39	12.87%	12.74%
AXP	166.1B	62.0B	5.79%	53.16%	18.47	2.68	11.96%	24.39%
PYPL	69.5B	29.8B	-1.76%	-9.67%	16.37	2.33	8.19%	75.53%
COF	56.6B	41.9B	5.91%	56.77%	11.47	1.35	34.26%	32.87%
DFS	32.3B	17.8B	3.03%	26.80%	10.94	1.81	38.72%	-32.51%
ALLY	12.1B	14.0B	0.84%	55.43%	11.85	0.87	31.42%	-40.49%
MID-CAP
CACC	6.4B	1.9B	-4.80%	9.92%	22.5	3.38	3.79%	-46.60%
FCFS	6.0B	3.2B	7.51%	37.67%	27.16	1.89	15.50%	-13.49%
WU	4.4B	4.4B	-0.66%	26.77%	7.17	1.01	0.29%	-19.79%
NNI	3.6B	1.1B	2.92%	1.17%	38.81	3.2	8.54%	-77.53%
SMALL-CAP
ENVA	1.7B	2.2B	4.80%	33.33%	9.62	0.74	22.40%	-16.16%
ATLC	363.6M	1.2B	-16.29%	-10.91%	3.54	0.31	10.41%	-24.15%
CPSS	186.8M	352.0M	17.24%	-6.46%	4.12	0.53	6.77%	-47.27%
AIHS	7.8M	7.3M	-18.81%	-5.75%	-2.03	1.07	-51.06%	-195.09%
CURO	3.7M	853.2M	-40.00%	-95.05%	-0.01	0	-15.13%	-1364.54%

World Acceptance Corp News

Latest updates

World Acceptance Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.6%	138	137	139	161	147	151	158	169	149	138	130	146	131	124	124	163	147	142	138	157	138
Costs and Expenses	2.0%	118	116	127	131	139	151	169	146	141	124	109	92.00	114	107	103	-	153	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	107	103	137	152	138	127	112	131
S&GA Expenses	4.7%	66.00	63.00	68.00	69.00	65.00	70.00	72.00	77.00	75.00	75.00	73.00	77.00	78.00	75.00	72.00	97.00	91.00	78.00	82.00	79.00	77.00
EBITDA Margin	8.9%	0.24*	0.22*	0.18*	0.14*	0.12*	0.11*	0.13*	0.18*	0.23*	0.26*	0.27*	0.27*	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.8%	12.00	13.00	12.00	12.00	14.00	13.00	11.00	11.00	10.00	7.00	6.00	7.00	7.00	6.00	6.00	8.00	7.00	6.00	4.00	5.00	5.00
Income Taxes	-41.0%	3.00	5.00	3.00	9.00	2.00	1.00	-2.16	5.00	0.00	2.00	5.00	11.00	2.00	4.00	6.00	3.00	0.00	1.00	2.00	7.00	1.00
Earnings Before Taxes	-6.7%	20.00	21.00	12.00	30.00	8.00	-0.09	-10.73	23.00	8.00	14.00	21.00	56.00	17.00	17.00	21.00	26.00	-5.91	4.00	11.00	54.00	6.00
EBT Margin	18.1%	0.14*	0.12*	0.09*	0.05*	0.03*	0.03*	0.06*	0.11*	0.18*	0.20*	0.21*	0.21*	-	-	-	-	-	-	-	-	-
Net Income	3.6%	17.00	16.00	10.00	26.00	6.00	-0.64	-8.57	18.00	7.00	12.00	16.00	45.00	14.00	13.00	16.00	23.00	-6.27	3.00	9.00	38.00	6.00
Net Income Margin	20.8%	0.12*	0.10*	0.07*	0.04*	0.02*	0.03*	0.05*	0.09*	0.14*	0.16*	0.17*	0.17*	-	-	-	-	-	-	-	-	-
Free Cashflow	-6.7%	58.00	62.00	58.00	84.00	68.00	77.00	57.00	103	59.00	56.00	48.00	93.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.3%	1,120	1,106	1,114	1,117	1,217	1,247	1,279	1,218	1,270	1,141	1,024	954	1,034	932	903	1,030	1,143	1,078	1,041	855	928
Cash Equivalents	-32.0%	13.00	19.00	16.00	17.00	21.00	21.00	13.00	19.00	19.00	17.00	8.00	16.00	10.00	14.00	10.00	12.00	12.00	10.00	10.00	9.00	11.00
Net PPE	-2.1%	23.00	24.00	24.00	24.00	24.00	25.00	24.00	24.00	25.00	25.00	24.00	25.00	26.00	26.00	25.00	25.00	28.00	27.00	26.00	25.00	24.00
Goodwill	0%	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00
Liabilities	2.4%	713	696	717	732	857	891	925	845	861	722	618	549	675	565	511	618	751	683	491	303	353
Shareholder's Equity	-0.7%	407	410	397	385	359	356	352	373	409	419	405	405	359	367	391	412	390	393	550	552	574
Retained Earnings	-0.5%	122	123	107	97.00	73.00	68.00	69.00	92.00	134	146	144	149	118	130	160	185	171	177	341	354	387
Additional Paid-In Capital	-0.8%	285	287	290	288	286	289	285	281	275	273	261	256	241	238	232	227	221	218	209	198	187
Shares Outstanding	-2.8%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	389	-	-	-	839	-	-	-	487	-	-	-	610	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-7.1%	58,884	63,360	59,726	85,680	69,216	78,480	58,177	105,039	60,406	58,017	48,984	95,545	51,202	28,367	51,839	110,410	52,391	60,012	58,165	80,510	68,891
Share Based Compensation	-162.8%	-690	1,100	1,413	3,455	-679	677	3,816	6,835	3,645	909	4,184	5,200	4,044	5,027	4,584	9,403	1,168	6,685	8,312	8,681	5,566
Cashflow From Investing	-94.6%	-70,033	-35,995	-51,280	35,411	-41,394	-40,252	-134,347	-16,613	-186,713	-149,094	-99,469	49,254	-142,247	-54,177	65,173	29,678	-112,182	-84,761	-111,822	41,417	-137,095
Cashflow From Financing	120.9%	5,139	-24,567	-8,965	-125,544	-27,553	-30,835	70,236	-87,856	128,089	99,577	43,126	-138,743	86,748	29,838	-118,671	-140,508	61,606	25,215	54,081	-123,723	73,741
Buy Backs	-	17,292	-	-	1*	-	-	14,314	60,679	19,348	10,030	21,083	13,604	26,161	43,236	19,451	7,389	-	168,195	21,816	70,760	3,760

WRLD Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Interest and fee income	$ 118,665,105	$ 126,201,028	$ 352,237,133	$ 386,867,966
Insurance and other income, net	19,084,282	20,331,122	61,711,366	68,840,650
Total revenues	137,749,387	146,532,150	413,948,499	455,708,616
Expenses:
Provision for credit losses	40,631,994	59,608,655	127,697,072	214,051,068
General and administrative expenses:
Personnel	39,890,187	40,700,713	120,119,638	131,173,726
Occupancy and equipment	12,090,198	12,932,456	37,138,444	39,658,067
Advertising	3,721,155	1,323,671	8,712,406	4,541,863
Amortization of intangible assets	1,050,926	1,114,540	3,182,805	3,352,694
Other	9,156,841	8,880,014	27,828,730	27,569,744
Total general and administrative expenses	65,909,307	64,951,394	196,982,023	206,296,094
Interest expense	11,689,924	14,070,458	36,475,411	38,277,223
Total expenses	118,231,225	138,630,507	361,154,506	458,624,385
Income (loss) before income taxes	19,518,162	7,901,643	52,793,993	(2,915,769)
Income tax expense	2,853,344	2,097,057	10,508,008	483,696
Net income (loss)	$ 16,664,818	$ 5,804,586	$ 42,285,985	$ (3,399,465)
Net income (loss) per common share:
Basic (in dollars per share)	$ 2.89	$ 1.01	$ 7.32	$ (0.59)
Diluted (in dollars per share)	$ 2.84	$ 0.99	$ 7.17	$ (0.59)
Weighted average common shares outstanding:
Basic (in shares)	5,772,503	5,761,954	5,775,108	5,743,094
Diluted (in shares)	5,860,117	5,857,490	5,896,716	5,743,094

WRLD Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Mar. 31, 2023
ASSETS
Cash and cash equivalents	$ 12,775,524	$ 16,508,935
Gross loans receivable	1,400,621,989	1,390,015,568
Less:
Unearned interest, insurance and fees	(372,310,672)	(376,674,349)
Allowance for credit losses	(121,082,068)	(125,552,733)
Loans receivable, net	907,229,249	887,788,486
Income taxes receivable	1,716,789	0
Operating lease right‐of‐use assets, net	80,049,367	81,289,240
Property and equipment, net	23,195,803	23,926,080
Deferred income taxes, net	37,047,569	41,722,361
Other assets, net	38,046,804	43,422,669
Goodwill	7,370,791	7,370,791
Intangible assets, net	12,106,773	15,289,579
Total assets	1,119,538,669	1,117,318,141
Liabilities:
Senior notes payable	305,089,480	307,910,824
Senior unsecured notes payable, net	279,915,756	287,352,892
Income taxes payable	0	2,532,766
Operating lease liability	82,471,106	83,735,002
Accounts payable and accrued expenses	45,043,161	50,559,920
Total liabilities	712,519,503	732,091,404
Commitments and contingencies
Shareholders' equity:
Preferred stock, no par value Authorized 5,000,000, no shares issued or outstanding	0	0
Common stock, no par value Authorized 95,000,000 shares; issued and outstanding 6,073,299 and 6,231,082 shares at December 31, 2023 and March 31, 2023, respectively	0	0
Additional paid-in capital	284,870,280	288,071,839
Retained earnings	122,148,886	97,154,898
Total shareholders' equity	407,019,166	385,226,737
Total liabilities and shareholders' equity	$ 1,119,538,669	$ 1,117,318,141

About World Acceptance Corp

World Acceptance Corporation engages in consumer finance business in the United States. 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 income tax return preparation and filing services; and automobile club memberships. 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. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.

CEO	Mr. Ravin Chad Prashad
WEBSITE	loansbyworld.com
INDUSTRY	Credit Services

World Acceptance Corp Frequently Asked Questions

What is the ticker symbol for World Acceptance Corp? What does WRLD stand for in stocks?

WRLD is the stock ticker symbol of World Acceptance Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of World Acceptance Corp (WRLD)?

As of Wed Apr 24 2024, market cap of World Acceptance Corp is 837.38 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WRLD stock?

You can check WRLD's fair value in chart for subscribers.

What is the fair value of WRLD stock?

You can check WRLD's fair value in chart for subscribers. The fair value of World Acceptance Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of World Acceptance Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WRLD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is World Acceptance Corp a good stock to buy?

The fair value guage provides a quick view whether WRLD is over valued or under valued. Whether World Acceptance Corp is cheap or expensive depends on the assumptions which impact World Acceptance Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WRLD.

What is World Acceptance Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, WRLD's PE ratio (Price to Earnings) is 12.33 and Price to Sales (PS) ratio is 1.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WRLD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on World Acceptance Corp's stock?

In the past 10 years, World Acceptance Corp has provided 0.057 (multiply by 100 for percentage) rate of return.