Credit Acceptance Corp
NASDAQ:CACC

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Credit Acceptance Corp
NASDAQ:CACC
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Price: 469.2 USD -0.77% Market Closed
Market Cap: 5.7B USD
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Credit Acceptance Corp
Net Change in Cash

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Credit Acceptance Corp
Net Change in Cash Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Change in Cash CAGR 3Y CAGR 5Y CAGR 10Y
Credit Acceptance Corp
NASDAQ:CACC
Net Change in Cash
$278.1m
CAGR 3-Years
89%
CAGR 5-Years
N/A
CAGR 10-Years
82%
Synchrony Financial
NYSE:SYF
Net Change in Cash
$5.8B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-7%
Discover Financial Services
NYSE:DFS
Net Change in Cash
$1.6B
CAGR 3-Years
-16%
CAGR 5-Years
N/A
CAGR 10-Years
-1%
American Express Co
NYSE:AXP
Net Change in Cash
$4B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Capital One Financial Corp
NYSE:COF
Net Change in Cash
$5.8B
CAGR 3-Years
N/A
CAGR 5-Years
0%
CAGR 10-Years
30%
SoFi Technologies Inc
NASDAQ:SOFI
Net Change in Cash
$1.8B
CAGR 3-Years
41%
CAGR 5-Years
99%
CAGR 10-Years
N/A
No Stocks Found

Credit Acceptance Corp
Glance View

Market Cap
5.7B USD
Industry
Financial Services

In the bustling world of auto finance, Credit Acceptance Corp emerges as a distinctive player, crafting its niche in a market often wrought with complexity. Founded in 1972, the company specializes in providing financing programs to automobile dealerships that allow them to offer vehicle loans to consumers, regardless of their credit history. This model thrives on partnerships with registered car dealers nationwide, enabling Credit Acceptance to tap into a clientele segment often overlooked by traditional lenders. The company prides itself on offering a second chance for many, thus bridging the gap between stringent borrowing criteria and consumer demand. In essence, Credit Acceptance positions itself as a lifeline for dealerships and customers, using its proprietary Credit Approval Processing System (CAPS) to match consumer applications with its credit guidelines, hence securing a broader base of potential borrowers. The revenue engine fueling Credit Acceptance Corp is predominantly driven by the finance charges from these loans, capitalizing on higher interest rates associated with high-risk lending. The company derives its income through two primary channels: the Program and Portfolio programs. The Program segment allows dealers to share in the potential upside when collections exceed certain benchmarks, essentially giving them a stake in the loan's performance. Conversely, the Portfolio program shifts more responsibility to the dealer, enabling them to receive payments up-front in exchange for taking on more of the loan risk. This dual approach not only mitigates financial risk for Credit Acceptance but also aligns the company's interests with those of its dealer partners, ensuring a symbiotic relationship. Through these mechanisms, Credit Acceptance not only sustains its financial viability but also sustains its commitment to expanding car ownership across diverse economic demographics.

CACC Intrinsic Value
778.78 USD
Undervaluation 40%
Intrinsic Value
Price

See Also

What is Credit Acceptance Corp's Net Change in Cash?
Net Change in Cash
278.1m USD

Based on the financial report for Sep 30, 2024, Credit Acceptance Corp's Net Change in Cash amounts to 278.1m USD.

What is Credit Acceptance Corp's Net Change in Cash growth rate?
Net Change in Cash CAGR 10Y
82%

Over the last year, the Net Change in Cash growth was 550%. The average annual Net Change in Cash growth rates for Credit Acceptance Corp have been 89% over the past three years , and 82% over the past ten years .

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