CARNIVAL CORP (CCL) Stock Fundamental Analysis
USA - NYSE:CCL - PA1436583006 - Common Stock
26.1199 USD
-0.02 (-0.08%)
CCL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 132 industry peers in the Hotels, Restaurants & Leisure industry. While CCL is still in line with the averages on profitability rating, there are concerns on its financial health. CCL scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year CCL was profitable.
In the past year CCL had a positive cash flow from operations.
CCL had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CCL reported negative operating cash flow in multiple years.
1.2 Ratios
CCL's Return On Assets of 5.20% is fine compared to the rest of the industry. CCL outperforms 69.70% of its industry peers.
CCL has a Return On Equity of 22.15%. This is in the better half of the industry: CCL outperforms 78.03% of its industry peers.
CCL's Return On Invested Capital of 8.64% is fine compared to the rest of the industry. CCL outperforms 67.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 22.15% | ||
| ROIC | 8.64% |
ROA(3y)-2.68%
ROA(5y)-8.99%
ROE(3y)-22.2%
ROE(5y)-38.93%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 10.07%, CCL is in the better half of the industry, outperforming 74.24% of the companies in the same industry.
In the last couple of years the Profit Margin of CCL has declined.
CCL's Operating Margin of 16.43% is fine compared to the rest of the industry. CCL outperforms 71.21% of its industry peers.
In the last couple of years the Operating Margin of CCL has declined.
The Gross Margin of CCL (54.22%) is better than 64.39% of its industry peers.
CCL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.43% | ||
| PM (TTM) | 10.07% | ||
| GM | 54.22% |
OM growth 3YN/A
OM growth 5Y-1.91%
PM growth 3YN/A
PM growth 5Y-11.81%
GM growth 3YN/A
GM growth 5Y6.74%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CCL is still creating some value.
Compared to 1 year ago, CCL has more shares outstanding
The number of shares outstanding for CCL has been increased compared to 5 years ago.
The debt/assets ratio for CCL has been reduced compared to a year ago.
2.2 Solvency
CCL has an Altman-Z score of 1.27. This is a bad value and indicates that CCL is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.27, CCL perfoms like the industry average, outperforming 40.15% of the companies in the same industry.
The Debt to FCF ratio of CCL is 9.08, which is on the high side as it means it would take CCL, 9.08 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CCL (9.08) is better than 62.12% of its industry peers.
CCL has a Debt/Equity ratio of 2.10. This is a high value indicating a heavy dependency on external financing.
CCL has a Debt to Equity ratio (2.10) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.1 | ||
| Debt/FCF | 9.08 | ||
| Altman-Z | 1.27 |
ROIC/WACC1.14
WACC7.61%
2.3 Liquidity
CCL has a Current Ratio of 0.34. This is a bad value and indicates that CCL is not financially healthy enough and could expect problems in meeting its short term obligations.
CCL's Current ratio of 0.34 is on the low side compared to the rest of the industry. CCL is outperformed by 87.88% of its industry peers.
CCL has a Quick Ratio of 0.34. This is a bad value and indicates that CCL is not financially healthy enough and could expect problems in meeting its short term obligations.
CCL's Quick ratio of 0.30 is on the low side compared to the rest of the industry. CCL is outperformed by 84.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 75.21% over the past year.
CCL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -20.70% yearly.
CCL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.15%.
Measured over the past years, CCL shows a small growth in Revenue. The Revenue has been growing by 3.74% on average per year.
EPS 1Y (TTM)75.21%
EPS 3YN/A
EPS 5Y-20.7%
EPS Q2Q%12.6%
Revenue 1Y (TTM)7.15%
Revenue growth 3Y135.82%
Revenue growth 5Y3.74%
Sales Q2Q%3.25%
3.2 Future
CCL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.30% yearly.
Based on estimates for the next years, CCL will show a small growth in Revenue. The Revenue will grow by 4.40% on average per year.
EPS Next Y56.53%
EPS Next 2Y33.11%
EPS Next 3Y26.19%
EPS Next 5Y20.3%
Revenue Next Year6.63%
Revenue Next 2Y5.47%
Revenue Next 3Y4.89%
Revenue Next 5Y4.4%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.74, the valuation of CCL can be described as correct.
CCL's Price/Earnings ratio is rather cheap when compared to the industry. CCL is cheaper than 82.58% of the companies in the same industry.
CCL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.91.
With a Price/Forward Earnings ratio of 10.68, the valuation of CCL can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCL indicates a rather cheap valuation: CCL is cheaper than 84.09% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.57. CCL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.74 | ||
| Fwd PE | 10.68 |
4.2 Price Multiples
74.24% of the companies in the same industry are more expensive than CCL, based on the Enterprise Value to EBITDA ratio.
88.64% of the companies in the same industry are more expensive than CCL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.77 | ||
| EV/EBITDA | 8.4 |
4.3 Compensation for Growth
CCL'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 CCL's earnings are expected to grow with 26.19% in the coming years.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y33.11%
EPS Next 3Y26.19%
5. Dividend
5.1 Amount
CCL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:CCL (11/14/2025, 3:03:06 PM)
26.1199
-0.02 (-0.08%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners69.9%
Inst Owner Change1.25%
Ins Owners7.58%
Ins Owner Change-0.14%
Market Cap34.30B
Revenue(TTM)26.23B
Net Income(TTM)2.64B
Analysts81.88
Price Target35.49 (35.87%)
Short Float %4.63%
Short Ratio2.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.85%
Min EPS beat(2)6.99%
Max EPS beat(2)42.71%
EPS beat(4)4
Avg EPS beat(4)166.16%
Min EPS beat(4)6.99%
Max EPS beat(4)531.88%
EPS beat(8)8
Avg EPS beat(8)187.48%
EPS beat(12)12
Avg EPS beat(12)127.98%
EPS beat(16)12
Avg EPS beat(16)72.25%
Revenue beat(2)1
Avg Revenue beat(2)0.25%
Min Revenue beat(2)-0.43%
Max Revenue beat(2)0.93%
Revenue beat(4)2
Avg Revenue beat(4)-0.08%
Min Revenue beat(4)-0.88%
Max Revenue beat(4)0.93%
Revenue beat(8)4
Avg Revenue beat(8)-0.04%
Revenue beat(12)7
Avg Revenue beat(12)0.13%
Revenue beat(16)7
Avg Revenue beat(16)-4%
PT rev (1m)3.85%
PT rev (3m)8.16%
EPS NQ rev (1m)22.52%
EPS NQ rev (3m)25.66%
EPS NY rev (1m)7.06%
EPS NY rev (3m)7.53%
Revenue NQ rev (1m)1.07%
Revenue NQ rev (3m)1.34%
Revenue NY rev (1m)0.25%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.74 | ||
| Fwd PE | 10.68 | ||
| P/S | 1.31 | ||
| P/FCF | 11.77 | ||
| P/OCF | 6.11 | ||
| P/B | 2.88 | ||
| P/tB | 3.37 | ||
| EV/EBITDA | 8.4 |
EPS(TTM)2.05
EY7.85%
EPS(NY)2.45
Fwd EY9.36%
FCF(TTM)2.22
FCFY8.5%
OCF(TTM)4.27
OCFY16.36%
SpS19.97
BVpS9.08
TBVpS7.74
PEG (NY)0.23
PEG (5Y)N/A
Graham Number20.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 22.15% | ||
| ROCE | 10.94% | ||
| ROIC | 8.64% | ||
| ROICexc | 9.05% | ||
| ROICexgc | 9.49% | ||
| OM | 16.43% | ||
| PM (TTM) | 10.07% | ||
| GM | 54.22% | ||
| FCFM | 11.11% |
ROA(3y)-2.68%
ROA(5y)-8.99%
ROE(3y)-22.2%
ROE(5y)-38.93%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-0.03%
ROICexc growth 3YN/A
ROICexc growth 5Y1.43%
OM growth 3YN/A
OM growth 5Y-1.91%
PM growth 3YN/A
PM growth 5Y-11.81%
GM growth 3YN/A
GM growth 5Y6.74%
F-Score8
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.1 | ||
| Debt/FCF | 9.08 | ||
| Debt/EBITDA | 3.56 | ||
| Cap/Depr | 99.05% | ||
| Cap/Sales | 10.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.81% | ||
| Profit Quality | 110.33% | ||
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | 1.27 |
F-Score8
WACC7.61%
ROIC/WACC1.14
Cap/Depr(3y)178.87%
Cap/Depr(5y)171.94%
Cap/Sales(3y)24.77%
Cap/Sales(5y)65.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)75.21%
EPS 3YN/A
EPS 5Y-20.7%
EPS Q2Q%12.6%
EPS Next Y56.53%
EPS Next 2Y33.11%
EPS Next 3Y26.19%
EPS Next 5Y20.3%
Revenue 1Y (TTM)7.15%
Revenue growth 3Y135.82%
Revenue growth 5Y3.74%
Sales Q2Q%3.25%
Revenue Next Year6.63%
Revenue Next 2Y5.47%
Revenue Next 3Y4.89%
Revenue Next 5Y4.4%
EBIT growth 1Y26.81%
EBIT growth 3YN/A
EBIT growth 5Y1.76%
EBIT Next Year97.16%
EBIT Next 3Y30.06%
EBIT Next 5Y19.74%
FCF growth 1Y631.93%
FCF growth 3YN/A
FCF growth 5Y94.16%
OCF growth 1Y73.1%
OCF growth 3YN/A
OCF growth 5Y1.58%
CARNIVAL CORP / CCL FAQ
What is the ChartMill fundamental rating of CARNIVAL CORP (CCL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CCL.
What is the valuation status for CCL stock?
ChartMill assigns a valuation rating of 8 / 10 to CARNIVAL CORP (CCL). This can be considered as Undervalued.
How profitable is CARNIVAL CORP (CCL) stock?
CARNIVAL CORP (CCL) has a profitability rating of 4 / 10.
How financially healthy is CARNIVAL CORP?
The financial health rating of CARNIVAL CORP (CCL) is 2 / 10.
How sustainable is the dividend of CARNIVAL CORP (CCL) stock?
The dividend rating of CARNIVAL CORP (CCL) is 0 / 10 and the dividend payout ratio is 0%.