Credit Acceptance Corporation (CACC)
Technology · NasdaqGS · US
Fundamentals
Valuation and ratings
Credit Acceptance Corporation trades at USD616.28. We do not hold enough of the inputs to run a discounted cash flow on this company, so we publish no fair value for it rather than a number we would not defend.
About Credit Acceptance Corporation
Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. It advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. The company is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. It serves independent and franchised automobile dealers. The company was founded in 1972 and is headquartered in Southfield, Michigan.
CACC passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Smart money ownership
11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Ruane Cunniff, Ruane, Cunniff & Goldfarb L.P.$61.91M · 1.0% of book
- Robert Vinall, RV Capital AG$52.70M · 13.8% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$26.88M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$15.81M · 0.0% of book
- Bridgewater Associates, LP$4.56M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Which funds own CACC?
11 of the institutions we track reported a position in CACC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.