World Acceptance Corp (WRLD) Files 10-K for the Fiscal Year Ended on March 31, 2017
- By insider
World Acceptance Corp (WRLD) files its latest 10-K with SEC for the fiscal year ended on March 31, 2017. World Acceptance Corp is a small-loan consumer finance company. It provides short-term small loans, medium-term larger loans, related credit insurance products and ancillary products and services to individuals. World Acceptance Corp has a market cap of $651.810 million; its shares were traded at around $74.21 with a P/E ratio of 8.84 and P/S ratio of 1.30. World Acceptance Corp had annual average EBITDA growth of 18.80% over the past ten years. GuruFocus rated World Acceptance Corp the business predictability rank of 5-star.
Warning! GuruFocus has detected 4 Warning Signs with WRLD. Click here to check it out.
The intrinsic value of WRLD
For the last quarter World Acceptance Corp reported a revenue of $139.4 million, compared with the revenue of $137.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $510.2 million, a decrease of 3.8% from the previous year. For the last five years World Acceptance Corp had an average revenue decline of 0.7% a year.
The reported diluted earnings per share was $8.38 for the year, a decline of 16.6% from the previous year. Over the last five years World Acceptance Corp had an EPS growth rate of 6.2% a year. The World Acceptance Corp had a decent operating margin of 22.34%, compared with the operating margin of 25.99% a year before. The 10-year historical median operating margin of World Acceptance Corp is 28.72%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, World Acceptance Corp has the cash and cash equivalents of $15.2 million, compared with $12.4 million in the previous year. The long term debt was $295.1 million, compared with $374.7 million in the previous year. The interest coverage to the debt is 5.3. World Acceptance Corp has a financial strength rank of 6 (out of 10).
At the current stock price of $74.21, World Acceptance Corp is traded at 20.2% discount to its historical median P/S valuation band of $93.02. The P/S ratio of the stock is 1.30, while the historical median P/S ratio is 1.61. The intrinsic value of the stock is $231.08 a share, according to GuruFocus DCF Calculator. The stock gained 80.52% during the past 12 months.
Directors and Officers Recent Trades:
SVP, Southeastern Division Jackie C Willyard sold 1,380 shares of WRLD stock on 06/09/2017 at the average price of $82.83. The price of the stock has decreased by 10.41% since.
EVP, Branch Operations Daniel Clinton Dyer sold 1,800 shares of WRLD stock on 06/02/2017 at the average price of $81. The price of the stock has decreased by 8.38% since.
For the complete 20-year historical financial data of WRLD, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Signs with WRLD. Click here to check it out.
The intrinsic value of WRLD
