World Acceptance Corporation (WRLD) Stock

World Acceptance Corporation (WRLD) is a Financials stock trading at $196.58 (as of 2026-07-27), with a market capitalization of $970.49M and a trailing P/E of 28.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

World Acceptance Corporation and its subsidiaries provide consumer finance products, including short-term small installment loans and medium-term larger installment loans, along with related credit insurance and other ancillary services. It also offers automobile club memberships and income tax return preparation/electronic filing, serving individuals who may have limited access to other credit sources.

Understand World Acceptance Corporation: how it makes money

World Acceptance Corporation provides small consumer installment loans and related products, including credit insurance and automobile club memberships, and also offers income tax return preparation and electronic filing to its customers. It makes money primarily through lending and fee based ancillary services tied to its borrower relationships.

Earnings depend on how much loan business World Acceptance can generate, and how well it controls credit losses and delinquency, because net charge-offs and credit loss provisioning directly reduce results.

Business quality (Weak): In the latest provided period (2025-12-31), operating margin is negative (-0.7), indicating profitability is challenging. The provided operating KPIs focus on credit performance (annualized net charge-offs and delinquency) and lending scale (loan volume), but no reportable segment revenue detail is provided here.

Valuation: At 21× earnings, WRLD trades 69% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Loan business scale: Loan Volume is $0.68B, and there are 1,009 open branches, showing an established distribution footprint.
Customer replenishment: New Customers as a Percentage of the Portfolio is 8.2%, indicating ongoing inflow of borrowers.
Trackable credit outcomes: Delinquency metrics are provided, including Recency Delinquency for Accounts 90 Days or More Past Due at 3.7%.

Bear case

Profitability is currently negative: Operating margin is -0.7 for 2025-12-31.
Credit losses are a central headwind: Annualized net charge-offs as a Percentage of Average Net Loans Receivable are 18.7%, and Net Charge-offs are $0.05B.
Higher delinquency earlier in the timeline: Recency Delinquency for Accounts 0 to 89 Days Past Due is 22.1%, which can signal weaker collection performance before eventual 60+ and 90+ buckets.

Valuation — source: SEC EDGAR (first-party)
Price	$196.58
Market Cap	$970.49M
P/E Ratio	28.1
EV / EBITDA	29.9
Price / Book	2.76
Price / Sales	1.66
FCF Yield	26.3%
DCF Value (model)	$65.51
DCF Upside vs Price	-66.7%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$585.17M
Net Margin	5.9%
Revenue Growth (YoY)	3.6%
EPS Growth (YoY)	-57.7%
FCF Growth (YoY)	2.0%

Valuation vs Sector & Industry
Stock P/E	28.1
Sector P/E (Financials)	15.4
Industry P/E (Banking)	13.5
vs Sector	82.3%
vs Industry	107.8%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Prescott General Partners LLC ($204.24M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Ravin Chad Prashad
Employees	2,872
Country	US
IPO Date	1991-11-26

Related Companies (Business model: Specialty Finance / Lending; 8 closest by market cap; US-domiciled)

Data as of 2026-07-27.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.