What is Credit Acceptance Corp worth?
With the base-case assumptions below, a discounted cash flow model on Credit Acceptance Corp's reported free cash flow gives $1,874.15 per share. The share price was $515.38 on November 10, 2026, 73% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 2.0% | 10.0% | $1,152.46 | +124% |
| Base | 7.0% | 9.0% | $1,874.15 | +264% |
| Bull | 12.0% | 8.0% | $3,221.22 | +525% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $2,396.96 | $2,556.96 | $2,752.52 | $2,996.97 | $3,311.25 |
| 8.0% | $2,006.52 | $2,110.28 | $2,232.90 | $2,380.06 | $2,559.91 |
| 9.0% | $1,721.35 | $1,792.29 | $1,874.15 | $1,969.65 | $2,082.51 |
| 10.0% | $1,504.22 | $1,554.67 | $1,611.85 | $1,677.19 | $1,752.59 |
| 11.0% | $1,333.58 | $1,370.56 | $1,411.90 | $1,458.40 | $1,511.11 |
Where the presets come from
Base: years 1 to 5 grow at Credit Acceptance Corp's revenue growth rate over the last 5 fiscal years (6.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions