CARNIVAL PLC-ADR (CUK)
US14365C1036 - ADR
CUK gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and financial health of CUK have multiple concerns. CUK has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CUK was profitable.
CUK had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CUK reported negative operating cash flow in multiple years.
1.2 Ratios
CUK has a worse Return On Assets (0.81%) than 66.92% of its industry peers.
The Return On Equity of CUK (6.06%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 5.08%, CUK is in line with its industry, outperforming 47.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 6.06% | ||
| ROIC | 5.08% |
ROA(3y)-9.92%
ROA(5y)-8.44%
ROE(3y)-55.19%
ROE(5y)-40.71%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CUK (1.79%) is worse than 64.66% of its industry peers.
Looking at the Operating Margin, with a value of 10.65%, CUK is in line with its industry, outperforming 56.39% of the companies in the same industry.
CUK's Operating Margin has declined in the last couple of years.
CUK's Gross Margin of 34.81% is on the low side compared to the rest of the industry. CUK is outperformed by 72.18% of its industry peers.
CUK's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.65% | ||
| PM (TTM) | 1.79% | ||
| GM | 34.81% |
OM growth 3YN/A
OM growth 5Y-12.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-3.97%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CUK is destroying value.
The number of shares outstanding for CUK has been increased compared to 1 year ago.
CUK has more shares outstanding than it did 5 years ago.
CUK has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.65, we must say that CUK is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.65, CUK is doing worse than 72.18% of the companies in the same industry.
CUK has a Debt/Equity ratio of 4.27. This is a high value indicating a heavy dependency on external financing.
CUK has a Debt to Equity ratio of 4.27. This is comparable to the rest of the industry: CUK outperforms 41.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.27 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.65 |
ROIC/WACC0.68
WACC7.43%
2.3 Liquidity
A Current Ratio of 0.36 indicates that CUK may have some problems paying its short term obligations.
The Current ratio of CUK (0.36) is worse than 88.72% of its industry peers.
CUK has a Quick Ratio of 0.36. This is a bad value and indicates that CUK is not financially healthy enough and could expect problems in meeting its short term obligations.
CUK's Quick ratio of 0.32 is on the low side compared to the rest of the industry. CUK is outperformed by 87.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
CUK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 108.92%, which is quite impressive.
The Revenue has grown by 50.68% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 2.72% on average over the past years.
EPS 1Y (TTM)108.92%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q74.55%
Revenue 1Y (TTM)50.68%
Revenue growth 3Y56.87%
Revenue growth 5Y2.72%
Revenue growth Q2Q21.98%
3.2 Future
Based on estimates for the next years, CUK will show a very strong growth in Earnings Per Share. The EPS will grow by 97.90% on average per year.
Based on estimates for the next years, CUK will show a small growth in Revenue. The Revenue will grow by 5.97% on average per year.
EPS Next Y1259.04%
EPS Next 2Y325.87%
EPS Next 3Y177.52%
EPS Next 5Y97.9%
Revenue Next Year14.21%
Revenue Next 2Y9.28%
Revenue Next 3Y6.49%
Revenue Next 5Y5.97%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 40.34, the valuation of CUK can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as CUK.
The average S&P500 Price/Earnings ratio is at 28.11. CUK is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 9.02, the valuation of CUK can be described as reasonable.
92.48% of the companies in the same industry are more expensive than CUK, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.39, CUK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.34 | ||
| Fwd PE | 9.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CUK is valued a bit cheaper than 63.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.39 |
4.3 Compensation for Growth
CUK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CUK's earnings are expected to grow with 177.52% in the coming years.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y325.87%
EPS Next 3Y177.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.91%, CUK has a reasonable but not impressive dividend return.
CUK's Dividend Yield is rather good when compared to the industry average which is at 2.62. CUK pays more dividend than 92.48% of the companies in the same industry.
CUK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
5.2 History
CUK has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y325.87%
EPS Next 3Y177.52%
CARNIVAL PLC-ADR
NYSE:CUK (5/8/2024, 11:04:02 AM)
12.91
+0.02 (+0.16%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap16.37B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.34 | ||
| Fwd PE | 9.02 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.81% | ||
| ROE | 6.06% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.65% | ||
| PM (TTM) | 1.79% | ||
| GM | 34.81% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.27 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)108.92%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y1259.04%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)50.68%
Revenue growth 3Y56.87%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y