First Acceptance Corporation, through with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and other ancillary products in the United States. The company operates through two segments, Insurance, and Real Estate and Corporate. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment history or need for monthly payment plans, failure to maintain continuous insurance coverage, or driving record. The company also offers optional products that provide ancillary reimbursements and benefits in the event of an automobile accident, which include products that offer reimbursements for medical expenses and hospital stays as a result of injuries sustained in an automobile accident, automobile towing and rental, and ambulance services; and underwrites a tenant homeowner policy that provides contents and liability coverage to customers who are renters. In addition, it offers products through third-party carriers for homeowners, renters, motorcycle, life, and commercial automobile. It primarily distributes its products through its retail locations, as well as through call center and Internet. As of December 31, 2017, the company leased and operated 350 retail locations, and a call center. First Acceptance Corporation was founded in 1969 and is based in Nashville, Tennessee. more
| Dec '14 | Dec '15 | Dec '16 | Dec '17 | |||
|---|---|---|---|---|---|---|
| Total Revenue | 263.19M | 331.89M | 389.62M | 347.52M | [{"date":"2014-12-31","value":67.55,"profit":true},{"date":"2015-12-31","value":85.18,"profit":true},{"date":"2016-12-31","value":100,"profit":true},{"date":"2017-12-31","value":89.19,"profit":true}] | |
| Cost of Revenue | 161.30M | 219.03M | 309.00M | 220.78M | [{"date":"2014-12-31","value":52.2,"profit":true},{"date":"2015-12-31","value":70.88,"profit":true},{"date":"2016-12-31","value":100,"profit":true},{"date":"2017-12-31","value":71.45,"profit":true}] | |
| Gross Profit | 101.89M | 112.86M | 80.62M | 126.73M | [{"date":"2014-12-31","value":80.4,"profit":true},{"date":"2015-12-31","value":89.05,"profit":true},{"date":"2016-12-31","value":63.61,"profit":true},{"date":"2017-12-31","value":100,"profit":true}] | |
| Gross Margin | 38.71% | 34.01% | 20.69% | 36.47% | [{"date":"2014-12-31","value":100,"profit":true},{"date":"2015-12-31","value":87.84,"profit":true},{"date":"2016-12-31","value":53.45,"profit":true},{"date":"2017-12-31","value":94.2,"profit":true}] | |
| Operating Expenses | - | - | - | - | [{"date":"2014-12-31","value":"-","profit":true},{"date":"2015-12-31","value":"-","profit":true},{"date":"2016-12-31","value":"-","profit":true},{"date":"2017-12-31","value":"-","profit":true}] | |
| Operating Income | 9.72M | (2.57M) | (45.13M) | 6.59M | [{"date":"2014-12-31","value":100,"profit":true},{"date":"2015-12-31","value":-26.45,"profit":false},{"date":"2016-12-31","value":-464.16,"profit":false},{"date":"2017-12-31","value":67.74,"profit":true}] | |
| Total Non-Operating Income/Expense | - | - | - | - | [{"date":"2014-12-31","value":"-","profit":true},{"date":"2015-12-31","value":"-","profit":true},{"date":"2016-12-31","value":"-","profit":true},{"date":"2017-12-31","value":"-","profit":true}] | |
| Pre-Tax Income | 9.72M | (2.57M) | (45.13M) | 6.59M | [{"date":"2014-12-31","value":100,"profit":true},{"date":"2015-12-31","value":-26.45,"profit":false},{"date":"2016-12-31","value":-464.16,"profit":false},{"date":"2017-12-31","value":67.74,"profit":true}] | |
| Income Taxes | (18.34M) | (642.00K) | (15.85M) | 15.19M | [{"date":"2014-12-31","value":-120.77,"profit":false},{"date":"2015-12-31","value":-4.23,"profit":false},{"date":"2016-12-31","value":-104.33,"profit":false},{"date":"2017-12-31","value":100,"profit":true}] | |
| Income After Taxes | - | - | - | - | [{"date":"2014-12-31","value":"-","profit":true},{"date":"2015-12-31","value":"-","profit":true},{"date":"2016-12-31","value":"-","profit":true},{"date":"2017-12-31","value":"-","profit":true}] | |
| Income From Continuous Operations | 28.07M | (1.93M) | (29.28M) | (8.60M) | [{"date":"2014-12-31","value":100,"profit":true},{"date":"2015-12-31","value":-6.88,"profit":false},{"date":"2016-12-31","value":-104.33,"profit":false},{"date":"2017-12-31","value":-30.65,"profit":false}] | |
| Income From Discontinued Operations | - | - | - | - | [{"date":"2014-12-31","value":"-","profit":true},{"date":"2015-12-31","value":"-","profit":true},{"date":"2016-12-31","value":"-","profit":true},{"date":"2017-12-31","value":"-","profit":true}] | |
| Net Income | 28.07M | (1.93M) | (29.28M) | (8.60M) | [{"date":"2014-12-31","value":100,"profit":true},{"date":"2015-12-31","value":-6.88,"profit":false},{"date":"2016-12-31","value":-104.33,"profit":false},{"date":"2017-12-31","value":-30.65,"profit":false}] | |
| EPS (Diluted) | - | - | - | - | [{"date":"2014-12-31","value":"-","profit":true},{"date":"2015-12-31","value":"-","profit":true},{"date":"2016-12-31","value":"-","profit":true},{"date":"2017-12-31","value":"-","profit":true}] | |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| FAC | |
|---|---|
| ROA (LTM) | 0.00% |
| ROE (LTM) | 0.00% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| FAC | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.84 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.16 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| FAC | |
|---|---|
| Trailing PE | NM |
| Forward PE | NM |
| P/S (TTM) | 0.00 |
| P/B | 0.00 |
| Price/FCF | 23 |
| EV/R | 0.00 |
| EV/Ebitda | NM |
| PEG | NM |
First Acceptance Corporation (FAC) share price today is $13.923
Yes, Indians can buy shares of First Acceptance Corporation (FAC) on Vested. To buy
Yes, you can purchase fractional shares of First Acceptance Corporation (FAC) via the Vested app. You can start investing in First Acceptance Corporation (FAC) with a minimum investment of $1.
You can invest in shares of First Acceptance Corporation (FAC) via Vested in three simple steps:
The 52-week high price of First Acceptance Corporation (FAC) is $. The 52-week low price of First Acceptance Corporation (FAC) is $.
The price-to-earnings (P/E) ratio of First Acceptance Corporation (FAC) is
The price-to-book (P/B) ratio of First Acceptance Corporation (FAC) is 0.00
The dividend yield of First Acceptance Corporation (FAC) is 0.00%
The market capitalization of First Acceptance Corporation (FAC) is $33.40M
The stock symbol (or ticker) of First Acceptance Corporation is FAC
Consider the share price of First Acceptance Corporation as a long-term story and not a daily point list. The price represents a movement of the stock in both good and bad times when looked at over many years. This assists the investors to know whether First Acceptance Corporation has succeeded to expand steadily and overcome market declines. With this price movement observed and the way the business is progressing, it is easier to make a decision whether the stock is worth having in the long term or not.
When investing in First Acceptance Corporation shares, you are not based in India then your investment is not just based on the stock price. It is also determined by the currency movement of the dollar in relation to the rupee. When you have an appreciation of the First Acceptance Corporation stock and the dollar appreciation is also the same, you gain more in terms of rupees. When the rupee appreciated, it will lower your profits. This currency flow is a silent cause of great contribution to your ultimate returns over many years.
Rather than merely checking the share price of First Acceptance Corporation and comparing it with that of other stocks in the same sector, one can check how robust the business is. Investors tend to compare such aspects as profits, cash generation, and the stability of the revenues of the company. This means that First Acceptance Corporation stock in most cases does not react in the same manner as other companies in the sector due to its brand and services revenue.
Link copied
