World Acceptance Corporation (WRLD) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-59.9%

$66.29

vs $165.43 price

Levered DCF

$705.53

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

1.37

Distress zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	19.37×	7.65×	10.33×	22.57×	21.6×	9.81×	14.92×	29.97×
P/B	1.93×	1.59×	1.88×	1.24×	3.12×	2.14×	1.02×	2×
P/S	1.16×	1.23×	1.39×	0.78×	1.99×	1.64×	0.71×	2.03×
EV / EBITDA	24.6×	7.38×	12.38×	29.99×	24.92×	10.88×	20.44×	13.76×
Gross margin	59.3%	70.0%	64.2%	49.7%	62.5%	78.8%	64.8%	69.4%
Operating margin	7.7%	28.1%	17.3%	4.4%	11.2%	21.1%	5.9%	16.5%
Net margin	5.9%	15.9%	13.5%	3.4%	9.2%	16.7%	4.8%	6.8%
Current ratio	0.77×	0.23×	0.28×	0.33×	0.33×	0.38×	0.2×	0.24×
Debt / equity	1.88×	1.2×	1.36×	1.76×	2.09×	1.23×	1.34×	0.46×
Interest coverage	0.92×	3.71×	2.06×	0.54×	1.96×	4.33×	1.35×	5.01×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	9.9%	20.5%	18.2%	5.5%	14.5%	21.8%	6.8%	6.7%
Return on invested capital	3.4%	13.2%	7.7%	2.0%	4.6%	9.7%	2.9%	9.1%
Return on assets	3.3%	8.9%	7.3%	1.9%	4.4%	9.3%	2.7%	4.4%
Free cash flow yield	37.6%	35.9%	32.5%	59.7%	22.9%	24.9%	60.8%	20.3%
Earnings yield	5.1%	12.9%	9.7%	4.4%	4.6%	10.2%	6.7%	3.4%
Enterprise value	$1.3B	$1.2B	$1.4B	$1.1B	$1.9B	$1.3B	$962.1M	$1.3B
Net debt / EBITDA	12.08×	3.16×	5.13×	17.41×	9.85×	3.88×	11.52×	2.48×
Cash conversion cycle (days)	-58	-91	-94	466	518	373	-104	-86