I will open up discussion on an interesting stock. Although, the technical purists will be aghast at the high volume gap down a few weeks back, the fundamental outlook and the sector would seem to be rather favorable from an investment standpoint. Here is some information to stimulate discussion, pro and con.
Yahoo Finance:
Asset Acceptance Capital Corp. engages in the purchase and collection of defaulted or charged-off accounts receivable portfolios. Its receivables are acquired from consumer credit originators, primarily credit card issuers, consumer finance companies, retail merchants, and telecommunications and other utility providers, as well as from resellers and other holders of consumer debt. The company also finances the sales of consumer product retailers located primarily in Michigan and Florida. Asset Acceptance Capital Corp. was founded in 1962 and is headquartered in Warren, Michigan.
Market Cap (intraday): 731.84M
Enterprise Value (16-Nov-05)3: 684.66M
Trailing P/E (ttm, intraday): 12.69
Forward P/E (fye 31-Dec-06) 1: 11.43
PEG Ratio (5 yr expected): 0.83
Price/Sales (ttm): 2.88
Price/Book (mrq): 3.03
Enterprise Value/Revenue (ttm)3: 2.68
Enterprise Value/EBITDA (ttm)3: N/A
Fiscal Year
Fiscal Year Ends: 31-Dec
Most Recent Quarter (mrq): 30-Sep-05
Profitability
Profit Margin (ttm): 22.57%
Operating Margin (ttm): 35.94%
Management Effectiveness
Return on Assets (ttm): 20.98%
Return on Equity (ttm): 27.01%
Income Statement
Revenue (ttm): 255.79M
Revenue Per Share (ttm): 6.871
Qtrly Revenue Growth (yoy): 14.50%
Gross Profit (ttm): 103.72M
EBITDA (ttm): N/A
Net Income Avl to Common (ttm): 57.74M
Diluted EPS (ttm): 1.55
Qtrly Earnings Growth (yoy): 7.40%
Balance Sheet
Total Cash (mrq): 52.25M
Total Cash Per Share (mrq): 1.404
Total Debt (mrq): 227.17K
Total Debt/Equity (mrq): 0.001
Current Ratio (mrq): 18.165
Book Value Per Share (mrq): 6.529
Share Statistics
Average Volume (3 month)3: 250,700
Average Volume (10 day)3: 311,886
Shares Outstanding: 37.23M
Float: N/A
% Held by Insiders4: 81.31%
% Held by Institutions4: 19.50%
Shares Short (as of 11-Oct-05)3: 888.91K
Short Ratio (as of 11-Oct-05)3: 5.2
Short % of Float (as of 11-Oct-05)3: 3.40%
Shares Short (prior month)3: 811.20K
Yahoo Finance:
Asset Acceptance Capital Corp. engages in the purchase and collection of defaulted or charged-off accounts receivable portfolios. Its receivables are acquired from consumer credit originators, primarily credit card issuers, consumer finance companies, retail merchants, and telecommunications and other utility providers, as well as from resellers and other holders of consumer debt. The company also finances the sales of consumer product retailers located primarily in Michigan and Florida. Asset Acceptance Capital Corp. was founded in 1962 and is headquartered in Warren, Michigan.
Market Cap (intraday): 731.84M
Enterprise Value (16-Nov-05)3: 684.66M
Trailing P/E (ttm, intraday): 12.69
Forward P/E (fye 31-Dec-06) 1: 11.43
PEG Ratio (5 yr expected): 0.83
Price/Sales (ttm): 2.88
Price/Book (mrq): 3.03
Enterprise Value/Revenue (ttm)3: 2.68
Enterprise Value/EBITDA (ttm)3: N/A
Fiscal Year
Fiscal Year Ends: 31-Dec
Most Recent Quarter (mrq): 30-Sep-05
Profitability
Profit Margin (ttm): 22.57%
Operating Margin (ttm): 35.94%
Management Effectiveness
Return on Assets (ttm): 20.98%
Return on Equity (ttm): 27.01%
Income Statement
Revenue (ttm): 255.79M
Revenue Per Share (ttm): 6.871
Qtrly Revenue Growth (yoy): 14.50%
Gross Profit (ttm): 103.72M
EBITDA (ttm): N/A
Net Income Avl to Common (ttm): 57.74M
Diluted EPS (ttm): 1.55
Qtrly Earnings Growth (yoy): 7.40%
Balance Sheet
Total Cash (mrq): 52.25M
Total Cash Per Share (mrq): 1.404
Total Debt (mrq): 227.17K
Total Debt/Equity (mrq): 0.001
Current Ratio (mrq): 18.165
Book Value Per Share (mrq): 6.529
Share Statistics
Average Volume (3 month)3: 250,700
Average Volume (10 day)3: 311,886
Shares Outstanding: 37.23M
Float: N/A
% Held by Insiders4: 81.31%
% Held by Institutions4: 19.50%
Shares Short (as of 11-Oct-05)3: 888.91K
Short Ratio (as of 11-Oct-05)3: 5.2
Short % of Float (as of 11-Oct-05)3: 3.40%
Shares Short (prior month)3: 811.20K