World Acceptance Corp WRLD

FinancialsBanking ServicesUnited States of America

Last close 175.92 USD on Nov 1, 2026, +17.2% year to date

Quant rating

Quant rating C Rank 443 of 799 in Financials

Growth B 275 of 799
Valuation C 443 of 799
Quality D 571 of 799
Revisions B 218 of 799
Momentum C 515 of 799

Wall Street consensus Hold (3.00)Average target 180.00 USD +2.3%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 740M
Enterprise value: 1.3B
52-week range: 110.00 – 226.86
3-year range: 98.82 – 226.86
Dividend yield: –
Beta (5 years): 1.23
Shares outstanding: 4.5M
Next earnings: Jan 27, 2027

About the company

World Acceptance Corporation is a people-focused finance company that provides personal installment loan solutions and personal tax preparation and filing services. The Company generally serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses and credit card lenders. The Company, as an agent for an unaffiliated insurance company, markets and sells credit life, credit accident and health, credit property and auto, unemployment, and accidental death and dismemberment insurance in connection with its loans in selected states where the sale of such insurance is permitted by law. It offers automobile club memberships to its borrowers in Alabama, Georgia, Idaho, Indiana, Kentucky, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee, Texas, South Carolina, Utah and Wisconsin, as an agent for an unaffiliated automobile club. The Company operates approximately 1,000 community-based branches across 16 states.

Growth and profitability fiscal year ends March 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	585	564	573	617	582	–
Revenue growth	3.7%	−1.5%	−7.1%	5.9%	10.8%	2.2%
EPS (basic, normalized)	7.57	16.30	13.17	3.45	8.88	–
EPS growth	−53.6%	23.8%	281.8%	−61.2%	−34.7%	−11.0%
Gross margin	92.2%	92.3%	91.3%	91.5%	94.3%	92.3%
Net margin	5.9%	15.8%	13.5%	3.4%	9.3%	9.6%
ROE	–	20.8%	19.1%	5.8%	13.9%	14.9%

Balance sheet, last quarter
Cash & short-term investments (mil)	8.3
Tier 1 risk-adjusted capital ratio	–
Long-term debt (mil)	573
Net debt (mil)	562
Total equity (mil)	362
Net debt / equity	1.55x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2026 actual	585	+3.7%	2.2x	75.38	−4.4%	2.3x	6.97	−57.2%	25.2x
2027	613	+4.8%	2.1x	–	–	–	12.37	+77.5%	14.2x
2028	655	+6.8%	2.0x	–	–	–	15.14	+22.4%	11.6x
2029	685	+4.6%	1.9x	–	–	–	17.44	+15.2%	10.1x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	613	0.0%	0.0%	−3.0%	12.37	−0.1%	−0.1%	+12.6%
2028	655	0.0%	0.0%	−2.2%	15.14	0.0%	0.0%	+7.2%
2029	685	–	–	–	17.44	–	–	–

Earnings surprises EPS beat in 1 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	159	130	131	139	165	132	134	141	178	139
Sales mean (mil)	149	141	140	132	155	122	128	136	–	144
Surprise	+6.6%	−8.1%	−5.8%	+5.2%	+7.0%	+8.2%	+5.2%	+4.0%	–	−3.3%
EPS reported	6.09	1.79	3.99	2.45	8.13	0.25	−0.38	−0.19	7.70	1.33
EPS mean	4.34	1.69	1.99	1.96	5.83	2.15	1.49	0.78	8.19	0.58
Surprise	+40.2%	+5.9%	+100.5%	+25.3%	+39.3%	−88.4%	−125.5%	−124.4%	−6.0%	+129.3%

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
WRLD World Acceptance Corp	740M	–	5.9%	–	14.2x	11.6x	–	–
BAC Bank of America Corporation	346.2B	14.0%	21.0%	1.72x	11.3x	9.7x	1.3x	1.2x
USB U.S. Bancorp	92.6B	12.2%	23.2%	1.36x	11.2x	10.1x	1.5x	1.4x
CACC Credit Acceptance Corp	4.7B	–	18.3%	–	11.3x	11.3x	17.6x	16.5x
NNI Nelnet, Inc.	4.4B	–	21.2%	–	16.5x	14.4x	–	–
ACMUY Acom Co Ltd	4.4B	–	23.6%	–	–	–	–	–
Mean		13.1%	18.9%	1.54x	12.9x	11.4x	6.8x	6.3x
Median		13.1%	21.1%	1.54x	11.3x	11.3x	1.5x	1.4x

Technical analysis

1M−4.0%
3M−13.3%
1Y+20.4%
3Y+68.7%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, World Acceptance Corp, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Interest income	585	564	573	617	582	526
Total interest expense	–	–	–	–	–	–
Net interest income	585	564	573	617	582	526
Loan loss provision	–	–	–	–	–	–
Net interest income after loan loss provision	–	–	–	–	–	–
Non-interest income	–	–	–	–	–	–
Non-interest expense	–	–	–	–	–	–
Net income before taxes	45.2	111	99.0	27.1	65.6	111
Provision for taxes	10.7	22.1	22.0	5.9	11.7	23.1
Minority interest & equity in affiliates	–	–	–	–	–	–
Other	0	0	0	0	0	0
Net income before extraordinary items	34.6	89.2	77.0	21.2	53.9	88.3
Extraordinary items	–	–	–	–	–	0
Net income	34.6	89.2	77.0	21.2	53.9	88.3
Basic weighted average shares (mil)	4.9	5.4	5.7	5.7	6.1	6.5
Diluted weighted average shares (mil)	5.0	5.5	5.9	5.9	6.4	6.7
Basic EPS excluding extraordinary items	7.00	16.45	13.40	3.69	8.88	13.59
Basic EPS, normalized	7.57	16.30	13.17	3.45	8.88	13.59

Balance sheet in millions of USD, fiscal years

Balance sheet, World Acceptance Corp, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & due from banks	–	–	–	–	–	–
Other earning assets	–	–	–	–	–	–
Net loans	–	–	–	–	–	–
Property, plant & equipment	89.0	96.0	102	105	111	116
Goodwill	7.4	7.4	7.4	7.4	7.4	7.4
Intangibles	4.2	7.4	11.1	15.3	19.8	23.5
Long-term investments	–	–	–	–	–	–
Other long-term assets	64.5	39.2	30.9	41.7	39.8	26.1
Other assets	−286	−268	−285	−333	−367	−248
Total assets	1,054	1,008	1,056	1,117	1,218	954
Liabilities
Accounts payable	–	–	–	–	–	–
Payable/accrued	38.0	42.4	54.0	50.6	58.0	41.0
Accrued expenses	74.0	78.7	81.9	83.7	87.4	91.7
Total deposits	–	–	–	–	–	–
Other bearing liabilities	–	–	–	–	–	–
Short-term borrowings	–	–	–	–	–	–
Current portion of long-term debt	0	0	0	0	0	0
Long-term debt	587	447	496	595	692	405
Minority interest	–	–	–	–	–	–
Other liabilities	3.9	3.6	0	2.5	7.4	11.6
Total liabilities	703	571	632	732	845	549
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0	0	0	0	0	0
Additional paid-in capital	279	266	286	288	281	256
Retained earnings (accumulated deficit)	71.6	171	138	97.2	92.1	149
Treasury stock	–	–	–	–	–	–
Other equity	0	0	0	0	0	0
Total equity	351	437	424	385	373	405
Total liabilities & shareholders' equity	1,054	1,008	1,056	1,117	1,218	954

Cash flow statement in millions of USD, fiscal years

Cash flow statement, World Acceptance Corp, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	34.6	89.7	77.3	21.2	53.9	88.3
Depreciation, depletion & amortization	9.0	10.1	10.9	10.7	11.3	12.0
Deferred taxes	−7.1	−2.3	10.7	−2.1	−14.8	5.7
Non-cash items	225	164	168	283	217	127
Changes in working capital	−2.1	−7.7	−1.3	−21.5	4.6	−15.9
Cash from operations	259	254	266	292	272	217
Investing activities
Capital expenditures	−3.9	−3.7	−5.9	−5.8	−6.1	−16.2
Other investing cash flows	−229	−149	−129	−175	−446	−56.1
Cash from investing	−233	−153	−135	−181	−452	−72.3
Financing activities
Financing cash flow items	−13.6	−2.7	−3.4	−3.7	−10.2	−4.0
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	6.8	−101	−132	−110	193	−137
Cash from financing	−6.8	−104	−135	−114	183	−141
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	19.6	−2.1	−4.7	−2.7	3.5	4.1
Free cash flow	255	250	260	286	266	201

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.