CARNIVAL CORP (CCL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCL - PA1436583006 - Common Stock
26.56 USD
+1.24 (+4.9%)
26.6599 USD
+0.1 (+0.38%)
Taking everything into account, CCL scores 4 out of 10 in our fundamental rating. CCL was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. There are concerns on the financial health of CCL while its profitability can be described as average. CCL is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year CCL was profitable.
CCL had a positive operating cash flow in the past year.
In the past 5 years CCL reported 4 times negative net income.
In multiple years CCL reported negative operating cash flow during the last 5 years.
1.2 Ratios
CCL's Return On Assets of 5.20% is fine compared to the rest of the industry. CCL outperforms 68.42% of its industry peers.
CCL's Return On Equity of 22.15% is fine compared to the rest of the industry. CCL outperforms 78.20% of its industry peers.
CCL has a Return On Invested Capital of 8.64%. This is in the better half of the industry: CCL outperforms 67.67% 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
With a decent Profit Margin value of 10.07%, CCL is doing good in the industry, outperforming 73.68% of the companies in the same industry.
CCL's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 16.43%, CCL is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of CCL has declined.
The Gross Margin of CCL (54.22%) is better than 64.66% of its industry peers.
In the last couple of years the Gross Margin of CCL has grown nicely.
| 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.
CCL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CCL has been increased compared to 5 years ago.
CCL has a better debt/assets ratio than last year.
2.2 Solvency
CCL has an Altman-Z score of 1.28. 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 1.28, CCL perfoms like the industry average, outperforming 41.35% of the companies in the same industry.
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.
With a decent Debt to FCF ratio value of 9.08, CCL is doing good in the industry, outperforming 63.16% of the companies in the same industry.
A Debt/Equity ratio of 2.10 is on the high side and indicates that CCL has dependencies on debt financing.
With a Debt to Equity ratio value of 2.10, CCL perfoms like the industry average, outperforming 52.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.1 | ||
| Debt/FCF | 9.08 | ||
| Altman-Z | 1.28 |
ROIC/WACC1.12
WACC7.72%
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.
With a Current ratio value of 0.34, CCL is not doing good in the industry: 87.97% of the companies in the same industry are doing better.
A Quick Ratio of 0.30 indicates that CCL may have some problems paying 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 83.46% 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 75.21%, which is quite impressive.
CCL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -20.70% yearly.
Looking at the last year, CCL shows a small growth in Revenue. The Revenue has grown by 7.15% in the last year.
The Revenue has been growing slightly by 3.74% on average over the past years.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 12.96, which indicates a correct valuation of CCL.
Compared to the rest of the industry, the Price/Earnings ratio of CCL indicates a rather cheap valuation: CCL is cheaper than 80.45% of the companies listed in the same industry.
CCL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.47.
Based on the Price/Forward Earnings ratio of 10.86, the valuation of CCL can be described as reasonable.
Based on the Price/Forward Earnings ratio, CCL is valued cheaply inside the industry as 83.46% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.42. CCL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.96 | ||
| Fwd PE | 10.86 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CCL indicates a somewhat cheap valuation: CCL is cheaper than 73.68% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CCL is valued cheaper than 87.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.96 | ||
| EV/EBITDA | 8.47 |
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.
CCL's earnings are expected to grow with 26.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y33.11%
EPS Next 3Y26.19%
5. Dividend
5.1 Amount
No dividends for CCL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.56
+1.24 (+4.9%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners69.9%
Inst Owner Change5.02%
Ins Owners7.58%
Ins Owner Change-0.01%
Market Cap34.88B
Revenue(TTM)26.23B
Net Income(TTM)2.64B
Analysts81.88
Price Target35.34 (33.06%)
Short Float %4.64%
Short Ratio2.2
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)3.43%
PT rev (3m)7.24%
EPS NQ rev (1m)0.68%
EPS NQ rev (3m)25.66%
EPS NY rev (1m)0%
EPS NY rev (3m)7.34%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)1.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.96 | ||
| Fwd PE | 10.86 | ||
| P/S | 1.33 | ||
| P/FCF | 11.96 | ||
| P/OCF | 6.21 | ||
| P/B | 2.92 | ||
| P/tB | 3.43 | ||
| EV/EBITDA | 8.47 |
EPS(TTM)2.05
EY7.72%
EPS(NY)2.45
Fwd EY9.21%
FCF(TTM)2.22
FCFY8.36%
OCF(TTM)4.27
OCFY16.09%
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 | 1.28 |
F-Score8
WACC7.72%
ROIC/WACC1.12
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%.