World Acceptance stock: fair value
WRLDThe fair value of World Acceptance under our model is $487.79, the price is 72% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Possible value trapIn our model the price counts as cheap below $348.42 and expensive above $812.99 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $845.57 (cash-flow model) and $130.01 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 10%. At 11% the fair value would be $429.47, at 9% it would be $568.63.
Possible value trap: looks cheap, but high risk.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (11.8).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.8%. Discounted at 10.0% (government bond yield 3.8% plus beta 1.38 times a risk premium of 4.5%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $845.57 per share: free cash flow for the next ten years, each year discounted to today at 10.0%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 10.0%) |
|---|---|---|---|---|
| 2027 | $255M | extrapolated at 0.1% | 0.9091 | $231.81M |
| 2028 | $258.02M | extrapolated at 1.2% | 0.8264 | $213.23M |
| 2029 | $263.13M | extrapolated at 2.0% | 0.7513 | $197.68M |
| 2030 | $269.8M | extrapolated at 2.5% | 0.6830 | $184.26M |
| 2031 | $277.68M | extrapolated at 2.9% | 0.6209 | $172.4M |
| 2032 | $286.56M | extrapolated at 3.2% | 0.5644 | $161.73M |
| 2033 | $296.26M | extrapolated at 3.4% | 0.5131 | $152.01M |
| 2034 | $306.68M | extrapolated at 3.5% | 0.4664 | $143.05M |
| 2035 | $317.76M | extrapolated at 3.6% | 0.4240 | $134.74M |
| 2036 | $329.45M | extrapolated at 3.7% | 0.3855 | $126.99M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $1.72B |
| Terminal value: cash flow 2036 × (1 + 3.8%) / (10.0% − 3.8%) | $5.54B |
| Present value of terminal value (× 0.3855) | $2.14B |
| Equity value (sum plus present value of terminal value) | $3.85B |
| Shares (diluted) | 4.56M |
| Value per share (equity value divided by shares) | $845.57 |
| Earnings per share, last twelve months | $10.98 |
| × 11.8 (industry P/E) | $130.01 |
| Fair value (average of both parts) | $487.79 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 24 Oct 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.