CARNIVAL CORP (CCL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCL - PA1436583006 - Common Stock
32.3 USD
+0.81 (+2.57%)
32.25 USD
-0.05 (-0.15%)
Taking everything into account, CCL scores 3 out of 10 in our fundamental rating. CCL was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. CCL has a medium profitability rating, but doesn't score so well on its financial health evaluation. CCL has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CCL had positive earnings in the past year.
In the past year CCL had a positive cash flow from operations.
In the past 5 years CCL reported 4 times negative net income.
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
The Return On Assets of CCL (5.20%) is better than 68.42% of its industry peers.
Looking at the Return On Equity, with a value of 22.15%, CCL is in the better half of the industry, outperforming 79.70% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.64%, CCL is doing good in the industry, outperforming 68.42% of the companies in the same industry.
| 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
CCL has a better Profit Margin (10.07%) than 75.94% of its industry peers.
In the last couple of years the Profit Margin of CCL has declined.
The Operating Margin of CCL (16.43%) is better than 72.93% of its industry peers.
In the last couple of years the Operating Margin of CCL has declined.
CCL's Gross Margin of 54.22% is fine compared to the rest of the industry. CCL outperforms 63.91% 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
CCL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
There is no outstanding debt for CCL. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 1.38, we must say that CCL is in the distress zone and has some risk of bankruptcy.
CCL has a Altman-Z score (1.38) which is in line with its industry peers.
CCL has a debt to FCF ratio of 9.08. This is a negative value and a sign of low solvency as CCL would need 9.08 years to pay back of all of its debts.
CCL has a Debt to FCF ratio of 9.08. This is in the better half of the industry: CCL outperforms 63.91% of its industry peers.
A Debt/Equity ratio of 2.10 is on the high side and indicates that CCL has dependencies on debt financing.
CCL's Debt to Equity ratio of 2.10 is in line compared to the rest of the industry. CCL outperforms 51.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.1 | ||
| Debt/FCF | 9.08 | ||
| Altman-Z | 1.38 |
ROIC/WACC1.08
WACC8.02%
2.3 Liquidity
A Current Ratio of 0.34 indicates that CCL may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.34, CCL is doing worse than 86.47% of the companies in the same industry.
A Quick Ratio of 0.30 indicates that CCL may have some problems paying its short term obligations.
CCL has a worse Quick ratio (0.30) than 82.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
CCL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 63.04%, which is quite impressive.
EPS 1Y (TTM)63.04%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%142.86%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.6%
3.2 Future
CCL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.68% yearly.
The Revenue is expected to grow by 4.35% on average over the next years.
EPS Next Y9.87%
EPS Next 2Y11.68%
EPS Next 3Y12.25%
EPS Next 5Y10.68%
Revenue Next Year4.13%
Revenue Next 2Y3.86%
Revenue Next 3Y3.89%
Revenue Next 5Y4.35%
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.36, which indicates a correct valuation of CCL.
Based on the Price/Earnings ratio, CCL is valued cheaper than 81.95% of the companies in the same industry.
CCL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.87.
With a Price/Forward Earnings ratio of 13.07, CCL is valued correctly.
Based on the Price/Forward Earnings ratio, CCL is valued cheaply inside the industry as 82.71% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, CCL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.36 | ||
| Fwd PE | 13.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CCL is valued a bit cheaper than the industry average as 70.68% of the companies are valued more expensively.
CCL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CCL is cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.55 | ||
| EV/EBITDA | 9.4 |
4.3 Compensation for Growth
CCL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as CCL's earnings are expected to grow with 12.25% in the coming years.
PEG (NY)1.46
PEG (5Y)N/A
EPS Next 2Y11.68%
EPS Next 3Y12.25%
5. Dividend
5.1 Amount
CCL has a Yearly Dividend Yield of 1.96%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.94, CCL pays a bit more dividend than its industry peers.
CCL's Dividend Yield is comparable with the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
5.2 History
CCL has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y11.68%
EPS Next 3Y12.25%
32.3
+0.81 (+2.57%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners73.71%
Inst Owner Change0%
Ins Owners8.31%
Ins Owner Change-0.01%
Market Cap42.41B
Revenue(TTM)N/A
Net Income(TTM)2.64B
Analysts81.25
Price Target35.76 (10.71%)
Short Float %4%
Short Ratio1.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)1.17%
PT rev (3m)4.64%
EPS NQ rev (1m)-0.98%
EPS NQ rev (3m)22.63%
EPS NY rev (1m)0.23%
EPS NY rev (3m)7.53%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)0.91%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.36 | ||
| Fwd PE | 13.07 | ||
| P/S | 1.62 | ||
| P/FCF | 14.55 | ||
| P/OCF | 7.56 | ||
| P/B | 3.56 | ||
| P/tB | 4.17 | ||
| EV/EBITDA | 9.4 |
EPS(TTM)2.25
EY6.97%
EPS(NY)2.47
Fwd EY7.65%
FCF(TTM)2.22
FCFY6.87%
OCF(TTM)4.27
OCFY13.23%
SpS19.97
BVpS9.08
TBVpS7.74
PEG (NY)1.46
PEG (5Y)N/A
Graham Number21.44
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 | 1.38 |
F-Score8
WACC8.02%
ROIC/WACC1.08
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)63.04%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%142.86%
EPS Next Y9.87%
EPS Next 2Y11.68%
EPS Next 3Y12.25%
EPS Next 5Y10.68%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.6%
Revenue Next Year4.13%
Revenue Next 2Y3.86%
Revenue Next 3Y3.89%
Revenue Next 5Y4.35%
EBIT growth 1Y26.81%
EBIT growth 3YN/A
EBIT growth 5Y1.76%
EBIT Next Year101.07%
EBIT Next 3Y31.79%
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 3 / 10 to CCL.
What is the valuation status of CARNIVAL CORP (CCL) stock?
ChartMill assigns a valuation rating of 6 / 10 to CARNIVAL CORP (CCL). This can be considered as Fairly Valued.
How profitable is CARNIVAL CORP (CCL) stock?
CARNIVAL CORP (CCL) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for CCL stock?
The Price/Earnings (PE) ratio for CARNIVAL CORP (CCL) is 14.36 and the Price/Book (PB) ratio is 3.56.
Is the dividend of CARNIVAL CORP sustainable?
The dividend rating of CARNIVAL CORP (CCL) is 3 / 10 and the dividend payout ratio is 0%.