World Acceptance Corp

Find Ratings Reports
WRLD : NASDAQ : Financial
$79.68 | %
Today's Range: 79.05 - 80.23
Avg. Daily Volume: 101300.0
09/22/17 - 4:00 PM ET

Financial Analysis


WORLD ACCEPTANCE CORP/DE's gross profit margin for the first quarter of its fiscal year 2017 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line.

During the same period, stockholders' equity ("net worth") has increased by 18.20% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY17 Q1 FY16
Net Sales ($mil)128.91127.08
EBITDA ($mil)27.1333.97
EBIT ($mil)25.1532.12
Net Income ($mil)13.0716.62


Balance Sheet Q1 FY17 Q1 FY16
Cash & Equiv. ($mil)14.5410.12
Total Assets ($mil)826.76810.43
Total Debt ($mil)300.55360.36
Equity ($mil)478.46404.78


Profitability Q1 FY17 Q1 FY16
Gross Profit Margin21.0526.73
EBITDA Margin21.0426.73
Operating Margin19.5125.27
Sales Turnover0.650.68
Return on Assets8.479.91
Return on Equity14.6419.85
Debt Q1 FY17 Q1 FY16
Current Ratio0.00.0
Debt/Capital0.390.47
Interest Expense4.255.59
Interest Coverage5.925.75


Share Data Q1 FY17 Q1 FY16
Shares outstanding (mil)8.828.79
Div / share0.00.0
EPS1.481.89
Book value / share54.2746.06
Institutional Own % n/a n/a
Avg Daily Volume104506.0172293.0

Valuation


HOLD. This stock's P/E ratio indicates a discount compared to an average of 15.10 for the Consumer Finance industry and a significant discount compared to the S&P 500 average of 24.93. Conducting a second comparison, its price-to-book ratio of 1.47 indicates a significant discount versus the S&P 500 average of 3.11 and a discount versus the industry average of 2.28. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. Upon assessment of these and other key valuation criteria, WORLD ACCEPTANCE CORP/DE proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
WRLD 9.97 Peers 15.10   WRLD 3.27 Peers 7.14

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

WRLD is trading at a significant discount to its peers.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

WRLD is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
WRLD 10.32 Peers 14.40   WRLD NM Peers 5.71

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

WRLD is trading at a significant discount to its peers.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

WRLD's negative PEG ratio makes this valuation measure meaningless.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
WRLD 1.47 Peers 2.28   WRLD -13.55 Peers 42.55

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

WRLD is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, WRLD is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
WRLD 1.31 Peers 1.92   WRLD -2.80 Peers 6.08

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

WRLD is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

WRLD significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades