CARNIVAL CORP (CCL) Stock Fundamental Analysis
USA - NYSE:CCL - PA1436583006 - Common Stock
28.875 USD
+0.55 (+1.92%)
Taking everything into account, CCL scores 4 out of 10 in our fundamental rating. CCL was compared to 133 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 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.
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 has a better Return On Assets (5.20%) than 69.17% of its industry peers.
The Return On Equity of CCL (22.15%) is better than 80.45% 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 66.92% 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
CCL's Profit Margin of 10.07% is fine compared to the rest of the industry. CCL outperforms 75.19% of its industry peers.
CCL's Profit Margin has declined in the last couple of years.
CCL's Operating Margin of 16.43% is fine compared to the rest of the industry. CCL outperforms 70.68% 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 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.
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.
CCL has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.31, we must say that CCL is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CCL (1.31) is comparable to the rest of the 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.
Looking at the Debt to FCF ratio, with a value of 9.08, CCL is in the better half of the industry, outperforming 62.41% 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.
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 | 1.31 |
ROIC/WACC1.12
WACC7.7%
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.
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.
The Quick ratio of CCL (0.30) is worse than 84.21% 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%.
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 19.84% on average over the next years. This is quite good.
Based on estimates for the next years, CCL will show a small growth in Revenue. The Revenue will grow by 4.35% on average per year.
EPS Next Y56.53%
EPS Next 2Y33.06%
EPS Next 3Y26.19%
EPS Next 5Y19.84%
Revenue Next Year6.63%
Revenue Next 2Y5.47%
Revenue Next 3Y4.89%
Revenue Next 5Y4.35%
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
Based on the Price/Earnings ratio of 14.09, the valuation of CCL can be described as correct.
Based on the Price/Earnings ratio, CCL is valued a bit cheaper than 78.20% of the companies in the same industry.
CCL is valuated rather cheaply when we compare the Price/Earnings ratio to 26.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.82, which indicates a very decent valuation of CCL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCL indicates a somewhat cheap valuation: CCL is cheaper than 78.95% of the companies listed in the same industry.
CCL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.50, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.09 | ||
| Fwd PE | 11.82 |
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 69.92% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CCL is valued cheaply inside the industry as 84.96% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.01 | ||
| EV/EBITDA | 8.81 |
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)0.25
PEG (5Y)N/A
EPS Next 2Y33.06%
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 (10/31/2025, 10:38:06 AM)
28.875
+0.55 (+1.92%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners69.9%
Inst Owner Change0.7%
Ins Owners7.58%
Ins Owner Change-0.14%
Market Cap37.92B
Revenue(TTM)26.23B
Net Income(TTM)2.64B
Analysts81.88
Price Target34.17 (18.34%)
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)2.03%
PT rev (3m)11.2%
EPS NQ rev (1m)24.81%
EPS NQ rev (3m)25.73%
EPS NY rev (1m)7.06%
EPS NY rev (3m)7.53%
Revenue NQ rev (1m)1.27%
Revenue NQ rev (3m)1.31%
Revenue NY rev (1m)0.47%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.09 | ||
| Fwd PE | 11.82 | ||
| P/S | 1.45 | ||
| P/FCF | 13.01 | ||
| P/OCF | 6.76 | ||
| P/B | 3.18 | ||
| P/tB | 3.73 | ||
| EV/EBITDA | 8.81 |
EPS(TTM)2.05
EY7.1%
EPS(NY)2.44
Fwd EY8.46%
FCF(TTM)2.22
FCFY7.69%
OCF(TTM)4.27
OCFY14.8%
SpS19.97
BVpS9.08
TBVpS7.74
PEG (NY)0.25
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 | 1.31 |
F-Score8
WACC7.7%
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 2Y33.06%
EPS Next 3Y26.19%
EPS Next 5Y19.84%
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 5Y4.35%
EBIT growth 1Y26.81%
EBIT growth 3YN/A
EBIT growth 5Y1.76%
EBIT Next Year97.16%
EBIT Next 3Y30.06%
EBIT Next 5Y19.39%
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 7 / 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 5 / 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%.