Simply Wall St. Balance sheet
Credit Acceptance (CACC) Stock Looks Below Fair Value On Its 29% Run
Credit Acceptance (CACC) has seen a 29.5% gain over three years, despite a significant legal settlement involving debt cancellation and operational reforms in its subprime auto lending. The stock trades at 11.3x earnings, slightly above sector averages, yet a fair value model suggests it is undervalued. This valuation implies the market is already pricing in potential negative impacts โฆ