World Acceptance Corporation offers short-term small and medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The company was founded in 1962 and is based in Greenville, South Carolina.
WRLD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for World Acceptance Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that World Acceptance Corp ranked in the 67th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for WRLD, they are:
The company's compound free cash flow growth rate over the past 5.75 years comes in at -0.02%; that's greater than only 22.27% of US stocks we're applying DCF forecasting to.
World Acceptance Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 11.25% of tickers in our DCF set.
Relative to other stocks in its sector (Financial Services), World Acceptance Corp has a reliance on debt greater than 64.57% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as WRLD, try OCN, OCSI, ORI, SAMG, and ADS.
LOS ANGELES--(BUSINESS WIRE)---- $WRLD #classaction--The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of World Acceptance Corporation (“World Acceptance” or the “Company”) (NASDAQ: WRLD) concerning whether the board breached its fiduciary duties to shareholders. If you are a shareholder, click here to participate. On August 6, 2020, the U.S. Securities and Exchange Commission (“SEC”) announced that World Acceptance would pay $21.7 million to resolve claims that its for
World Acceptance ([[WRLD]] +5.1%) agrees to pay $21.7M to resolve charges that its former Mexican subsidiary paid more than $4M in bribes to Mexican and government officials and union officials.According to the SEC order, WAC Mexico paid the bribes from at least December 2017 through June 2017 to secure the...
Through a lack of adequate internal accounting controls and a culture that undermined its internal audit and compliance functions, World Acceptance Corporation created the perfect environment for illicit activity to occur for nearly a decade,” Charles Cain, a senior SEC enforcement official, said in a statement.