WRLD

World Acceptance Corp.

Finance/Real Estate


Presented:12/18/2019
Price:$87.00
Cap:$0.69B
Current Price:$115.50
Cap:$0.68B

Presented

Date12/18/2019
Price$87.00
Market Cap$0.69B
Ent Value$1.67B
P/E Ratio13.93x
Book Value$49.70
Div Yield0%
Shares O/S7.92M
Ave Daily Vol118,036
Short Int30.65%

Current

Price$115.50
Market Cap$0.68B
World Acceptance Corp. engages in the small-loan consumer finance business. It offers short-term small instalment, medium-term larger loans, related credit insurance, ancillary products and services to individuals. The company also offers income tax return preparation services to customers. It also markets computer software and related services to financial services companies through its subsidiary ParaData Financial Systems. World Acceptance was founded in 1962 and is headquartered in Greenville, SC.

Publicly traded companies mentioned herein: World Acceptance Corp (WRLD)

Highlights

The presenter is short shares of World Acceptance Corp (WRLD), believing the stock should trade more in line with its peers which are valued around 1x BV and 5x earnings. WRLD is a subprime installment lender that offers loans ranging from $100 - $4000 to people without access to credit. These loans are payable in monthly installments and typically have terms from 6 - 36 months. 

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Idea Discussion

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