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World Acceptance (World Acceptance) 5-Year RORE %

: 17.11% (As of Dec. 2023)
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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. World Acceptance's 5-Year RORE % for the quarter that ended in Dec. 2023 was 17.11%.

The industry rank for World Acceptance's 5-Year RORE % or its related term are showing as below:

WRLD's 5-Year RORE % is ranked better than
66.02% of 462 companies
in the Credit Services industry
Industry Median: 5.485 vs WRLD: 17.11

World Acceptance 5-Year RORE % Historical Data

The historical data trend for World Acceptance's 5-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

World Acceptance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.00 -20.37 13.43 7.09 -1.37

World Acceptance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
5-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.40 -1.37 -1.85 9.06 17.11

Competitive Comparison

For the Credit Services subindustry, World Acceptance's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


World Acceptance 5-Year RORE % Distribution

For the Credit Services industry and Financial Services sector, World Acceptance's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where World Acceptance's 5-Year RORE % falls into.



World Acceptance 5-Year RORE % Calculation

World Acceptance's 5-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 11.285-4.497 )/( 39.666-0 )
=6.788/39.666
=17.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 5-year before.


World Acceptance  (NAS:WRLD) 5-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


World Acceptance 5-Year RORE % Related Terms

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World Acceptance (World Acceptance) Business Description

Traded in Other Exchanges
N/A
Address
104 South Main Street, Greenville, SC, USA, 29601
World Acceptance Corp operates a small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. It also offers income tax return preparation services to its loan customers and other individuals.
Executives
Calmes John L Jr officer: VP, CFO and Treasurer C/O WORLD ACCEPTANCE CORPORATION, 108 FREDERICK STREET, GREENVILLE SC 29607
Jason E. Childers officer: SVP, IT Strategic Solutions 108 FREDERICK STREET, GREENVILLE SC 29607
Scott Mcintyre officer: SVP, Accounting 108 FREDERICK STREET, GREENVILLE SC 29607
Clifford Sosin 10 percent owner 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
Thomas W Smith 10 percent owner, other: Member of Section 13(d) Group 2200 BUTTS ROAD, SUITE 320, BOCA RATON FL 33431
Luke J. Umstetter officer: SVP, General Counsel 104 SOUTH MAIN STREET, SUITE 400, GREENVILLE SC 29601
Darrell E Whitaker director 14 BATSON ORCHARD CT., TAYLORS SC 29687
R Chad Prashad officer: See remarks 108 FREDERICK STREET, GREENVILLE SC 29607
Alice Lindsay Caulder officer: SVP, Human Resources 108 FREDERICK STREET, GREENVILLE SC 29607
Daniel Clinton Dyer officer: SVP, CENTRAL DIVISION 230 4TH AVENUE NORTH SUITE 500, NASHVILLE TN 37219
Charles D Way director
Elizabeth R. Neuhoff director 146 SOTA DRIVE, JUPITER FL 33458
Robinson Benjamin E Iii director 325 CORPORATE DRIVE, PORTSMOUTH NH 03885
Bramlett Ken R Jr director 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Alison N Labruyere officer: SVP and General Counsel 108 FREDERICK STREET, GREENVILLE SC 29607