Credit Acceptance Corp (NASDAQ:CACC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Credit Acceptance Corp is a consumer finance company that offers automobile dealers financing programs that enables them to sell vehicles to consumers regardless of their credit history. Credit Acceptance Corp has a market cap of $8.08 billion; its shares were traded at around $425.87 with a P/E ratio of 13.90 and P/S ratio of 6.74. Credit Acceptance Corp had annual average EBITDA growth of 24.20% over the past ten years. GuruFocus rated Credit Acceptance Corp the business predictability rank of 4.5-star.
For the last quarter Credit Acceptance Corp reported a revenue of $342.8 million, compared with the revenue of $287.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.3 billion, an increase of 15.8% from last year. For the last five years Credit Acceptance Corp had an average revenue growth rate of 14.1% a year. The Credit Acceptance Corp enjoyed an operating margin of 70.91%, compared with the operating margin of 63.42% a year before. The 10-year historical median operating margin of Credit Acceptance Corp is 67.03%. The profitability rank of the company is 9 (out of 10).
At the end of the fiscal year, Credit Acceptance Corp has the cash and cash equivalents of $25.7 million, compared with $8.20 million in the previous year. The long term debt was $3.8 billion, compared with $3.1 billion in the previous year. The interest coverage to the debt is 5.8. Credit Acceptance Corp has a financial strength rank of 5 (out of 10).
At the current stock price of $425.87, Credit Acceptance Corp is traded at 56.4% premium to its historical median P/S valuation band of $272.22. The P/S ratio of the stock is 6.74, while the historical median P/S ratio is 4.32. The intrinsic value of the stock is $874.55 a share, according to GuruFocus DCF Calculator. The stock gained 34.86% during the past 12 months.
For the complete 20-year historical financial data of CACC, click here.