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Discussion in 'Stocks' started by jackbyrd, Nov 16, 2005.

  1. 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