Credit Acceptance Corp
NASDAQ:CACC

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Credit Acceptance Corp
NASDAQ:CACC
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Price: 464.54 USD -1.75% Market Closed
Market Cap: 5.6B USD
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Credit Acceptance Corp
Tax Provision

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
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Credit Acceptance Corp
NASDAQ:CACC
Tax Provision
-$64.4m
CAGR 3-Years
39%
CAGR 5-Years
20%
CAGR 10-Years
8%
Synchrony Financial
NYSE:SYF
Tax Provision
-$954m
CAGR 3-Years
9%
CAGR 5-Years
4%
CAGR 10-Years
2%
Discover Financial Services
NYSE:DFS
Tax Provision
-$1.3B
CAGR 3-Years
4%
CAGR 5-Years
-9%
CAGR 10-Years
1%
American Express Co
NYSE:AXP
Tax Provision
-$2.8B
CAGR 3-Years
-4%
CAGR 5-Years
-10%
CAGR 10-Years
1%
Capital One Financial Corp
NYSE:COF
Tax Provision
-$1B
CAGR 3-Years
32%
CAGR 5-Years
1%
CAGR 10-Years
7%
SoFi Technologies Inc
NASDAQ:SOFI
Tax Provision
$416k
CAGR 3-Years
-84%
CAGR 5-Years
-15%
CAGR 10-Years
N/A
No Stocks Found

Credit Acceptance Corp
Glance View

Market Cap
5.6B 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
776.25 USD
Undervaluation 40%
Intrinsic Value
Price

See Also

What is Credit Acceptance Corp's Tax Provision?
Tax Provision
-64.4m USD

Based on the financial report for Sep 30, 2024, Credit Acceptance Corp's Tax Provision amounts to -64.4m USD.

What is Credit Acceptance Corp's Tax Provision growth rate?
Tax Provision CAGR 10Y
8%

Over the last year, the Tax Provision growth was 32%. The average annual Tax Provision growth rates for Credit Acceptance Corp have been 39% over the past three years , 20% over the past five years , and 8% over the past ten years .

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