(WRLD) World Acceptance - NASDAQ
Sector: Financial Services | Industry: Credit Services | Exchange: NASDAQ (USA) | Market Cap: 828m USD | Total Return: 11.4% in 12m
Avg Turnover: 22.2M
EPS Trend: 26.7%
Qual. Beats: 0
Rev. Trend: -36.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Shakeout, Supp Ema20
World Acceptance Corporation (WRLD) is a South Carolina-based consumer finance company specializing in small and medium-term installment loans. The business serves subprime borrowers and individuals with limited access to traditional banking institutions or credit card lines. Beyond lending, the company generates revenue through credit insurance, ancillary financial products, and income tax preparation services.
The installment loan sector typically operates under state-specific interest rate caps and regulatory frameworks, distinguishing it from high-velocity payday lending through longer repayment schedules. WRLD utilizes a localized branch model to manage credit risk and facilitate collections within its target demographic. Investors should consider reviewing the companys historical delinquency rates on ValueRay to better understand its portfolio performance. This business model relies heavily on the spread between the cost of capital and the interest income generated from its high-yield loan portfolio.
- Loan volume growth among subprime borrowers drives core interest income revenue
- Delinquency rates and credit loss provisions impact quarterly bottom line profitability
- Federal and state regulatory oversight poses significant operational and compliance risk
- High interest rate environments increase borrowing costs and compress net interest margins
- Demand for ancillary tax preparation services provides seasonal non-interest income stability
| Net Income: 35.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -17.0k > 0.02 and ΔFCF/TA -1.70m > 1.0 |
| NWC/Revenue: 140.9% < 20% (prev 134.0%; Δ 6.83% < -1%) |
| CFO/TA 0.25 > 3% & CFO 259.4m > Net Income 35.0m |
| Net Debt (730.1m) to EBITDA (67.5m): 10.82 < 3 |
| Current Ratio: 38.84 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.75m) vs 12m ago -12.87% < -2% |
| Gross Margin: 69.25% > 18% (prev 62.48%; Δ 6.77% > 0.5%) |
| Asset Turnover: 56.87% > 50% (prev 56.06%; Δ 0.82% > 0%) |
| Interest Coverage Ratio: 1.18 > 6 (EBIT TTM 58.5m / Interest Expense TTM 49.4m) |
| A: 0.78 (Total Current Assets 847.0m - Total Current Liabilities 21.8m) / Total Assets 1.05b |
| B: 0.07 (Retained Earnings 71.6m / Total Assets 1.05b) |
| C: 0.06 (EBIT TTM 58.5m / Avg Total Assets 1.03b) |
| D: 0.48 (Book Value of Equity 351.0m / Total Liabilities 736.9m) |
| Altman-Z'' = 6.25 = AAA |
| DSRI: 1.00 (Receivables 841.9m/813.0m, Revenue 585.7m/564.8m) |
| GMI: 0.90 (GM 62.48% / 69.25%) |
| AQI: 0.45 (AQ_t 0.04 / AQ_t-1 0.09) |
| SGI: 1.04 (Revenue 585.7m / 564.8m) |
| TATA: -0.21 (NI 35.0m - CFO 259.4m) / TA 1.05b) |
| Beneish M = -3.44 (Cap -4..+1) = AA |
As of June 19, 2026, the stock is trading at USD 173.40 with a total of 100,797 shares traded.
Over the past week, the price has changed by +1.21%,
over one month by +11.05%,
over three months by +25.02% and
over the past year by +11.41%.
World Acceptance has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold WRLD.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 141 | -18.7% |
P/E Trailing = 25.9375
P/E Forward = 9.6061
P/S = 1.416
P/B = 2.3641
P/EG = 0.6996
Revenue TTM = 585.7m USD
EBIT TTM = 58.5m USD
EBITDA TTM = 67.5m USD
Long Term Debt = 587.2m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 735.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 74.0m
Net Debt = 730.1m USD (calculated: Debt 735.2m - CCE 5.11m)
Enterprise Value = 1.56b USD (828.1m + Debt 735.2m - CCE 5.11m)
Interest Coverage Ratio = 1.18 (Ebit TTM 58.5m / Interest Expense TTM 49.4m)
EV/FCF = -0.00x (Enterprise Value 1.56b / FCF TTM -17877b)
FCF Yield = -1.15m% (FCF TTM -17877b / Enterprise Value 1.56b)
FCF Margin = -3.05m% (FCF TTM -17877b / Revenue TTM 585.7m)
Net Margin = 5.98% (Net Income TTM 35.0m / Revenue TTM 585.7m)
Gross Margin = 69.25% ((Revenue TTM 585.7m - Cost of Revenue TTM 180.1m) / Revenue TTM)
Gross Margin QoQ = none% (prev 63.59%)
Tobins Q-Ratio = 1.48 (Enterprise Value 1.56b / Total Assets 1.05b)
Interest Expense / Debt = 6.73% (Interest Expense 49.4m / Debt 735.2m)
Taxrate = 23.58% (10.8m / 45.8m)
NOPAT = 44.7m (EBIT 58.5m * (1 - 23.58%))
Current Ratio = 14.16 (Total Current Assets 847.0m / Total Current Liabilities 59.8m)
Debt / Equity = 2.09 (Debt 735.2m / totalStockholderEquity, last quarter 351.0m)
Debt / EBITDA = 10.82 (Net Debt 730.1m / EBITDA 67.5m)
Debt / FCF = -0.00 (negative FCF - burning cash) (Net Debt 730.1m / FCF TTM -17877b)
Total Stockholder Equity = 374.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.40% (Net Income 35.0m / Total Assets 1.05b)
RoE = 9.36% (Net Income TTM 35.0m / Total Stockholder Equity 374.0m)
RoCE = 6.09% (EBIT 58.5m / Capital Employed (Equity 374.0m + L.T.Debt 587.2m))
RoIC = 4.36% (NOPAT 44.7m / Invested Capital 1.03b)
WACC = 6.98% (E(828.1m)/V(1.56b) * Re(8.61%) + D(735.2m)/V(1.56b) * Rd(6.73%) * (1-Tc(0.24)))
Discount Rate = 8.61% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -8.95%
[DCF] Fair Price = unknown (Cash Flow -17877b)
EPS Correlation: 26.75 | EPS CAGR: 12.71% | SUE: -0.02 | # QB: 0
Revenue Correlation: -36.14 | Revenue CAGR: -0.86% | SUE: 0.75 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.58 | Chg30d=+31.82% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.35 | Chg30d=-12.50% | Revisions=-20% | Analysts=1
EPS current Year (2027-03-31): EPS=10.99 | Chg30d=+2.42% | Revisions=-20% | GrowthEPS=+57.7% | GrowthRev=+7.9%
EPS next Year (2028-03-31): EPS=14.12 | Chg30d=+3.60% | Revisions=-20% | GrowthEPS=+28.5% | GrowthRev=+6.0%