CARNIVAL CORP (CCL) Stock Fundamental Analysis
USA - NYSE:CCL - PA1436583006 - Common Stock
25.77 USD
+0.45 (+1.78%)
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. A decent growth rate in combination with a cheap valuation! Better keep an eye on CCL.
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.
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.
Looking at the Return On Equity, with a value of 22.15%, CCL is in the better half of the industry, outperforming 78.03% of the companies in the same industry.
The Return On Invested Capital of CCL (8.64%) is better than 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
With a decent Profit Margin value of 10.07%, CCL is doing good in 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 has a Operating Margin of 16.43%. This is in the better half of the industry: CCL outperforms 71.21% of its industry peers.
CCL's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 54.22%, CCL is in the better half of the industry, outperforming 64.39% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CCL is creating some value.
Compared to 1 year ago, CCL has more shares outstanding
CCL has more shares outstanding than it did 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 1.25. This is a bad value and indicates that CCL is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.25, CCL is in line with its industry, outperforming 43.18% 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 62.88% 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.
The Debt to Equity ratio of CCL (2.10) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.1 | ||
| Debt/FCF | 9.08 | ||
| Altman-Z | 1.25 |
ROIC/WACC1.13
WACC7.66%
2.3 Liquidity
A Current Ratio of 0.34 indicates that CCL may have some problems paying its short term obligations.
CCL has a Current ratio of 0.34. This is amonst the worse of the industry: CCL underperforms 87.88% of its industry peers.
A Quick Ratio of 0.30 indicates that CCL may have some problems paying its short term obligations.
The Quick ratio of CCL (0.30) is worse than 84.09% 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.
The earnings per share for CCL have been decreasing by -20.70% on average. This is quite bad
The Revenue has been growing slightly by 7.15% in the past year.
CCL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.74% yearly.
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
The Earnings Per Share is expected to grow by 20.30% on average over the next years. This is a very strong growth
CCL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.40% yearly.
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.57, CCL is valued correctly.
CCL's Price/Earnings ratio is rather cheap when compared to the industry. CCL is cheaper than 81.82% 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 25.07.
With a Price/Forward Earnings ratio of 10.54, 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 83.33% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.08. CCL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.57 | ||
| Fwd PE | 10.54 |
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 75.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CCL is valued cheaply inside the industry as 88.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.61 | ||
| EV/EBITDA | 8.24 |
4.3 Compensation for Growth
The 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)0.22
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 (11/21/2025, 10:32:07 AM)
25.77
+0.45 (+1.78%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners69.9%
Inst Owner Change4.85%
Ins Owners7.58%
Ins Owner Change-0.4%
Market Cap33.84B
Revenue(TTM)26.23B
Net Income(TTM)2.64B
Analysts81.88
Price Target35.49 (37.72%)
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)3.85%
PT rev (3m)8.16%
EPS NQ rev (1m)3%
EPS NQ rev (3m)25.66%
EPS NY rev (1m)7.06%
EPS NY rev (3m)7.53%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)1.34%
Revenue NY rev (1m)0.25%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.57 | ||
| Fwd PE | 10.54 | ||
| P/S | 1.29 | ||
| P/FCF | 11.61 | ||
| P/OCF | 6.03 | ||
| P/B | 2.84 | ||
| P/tB | 3.33 | ||
| EV/EBITDA | 8.24 |
EPS(TTM)2.05
EY7.95%
EPS(NY)2.45
Fwd EY9.49%
FCF(TTM)2.22
FCFY8.61%
OCF(TTM)4.27
OCFY16.58%
SpS19.97
BVpS9.08
TBVpS7.74
PEG (NY)0.22
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 | 1.25 |
F-Score8
WACC7.66%
ROIC/WACC1.13
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%.