CARNIVAL PLC-ADR (CUK) Stock Fundamental Analysis
NYSE:CUK - New York Stock Exchange, Inc. - US14365C1036 - ADR - Currency: USD
CUK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. CUK has a bad profitability rating. Also its financial health evaluation is rather negative. A decent growth rate in combination with a cheap valuation! Better keep an eye on CUK.
1. Profitability
1.1 Basic Checks
CUK had positive earnings in the past year.
In the past year CUK had a positive cash flow from operations.
In the past 5 years CUK reported 4 times negative net income.
CUK had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
CUK has a Return On Assets (3.14%) which is in line with its industry peers.
The Return On Equity of CUK (18.20%) is better than 77.10% of its industry peers.
The Return On Invested Capital of CUK (7.15%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 18.2% | ||
| ROIC | 7.15% |
ROA(3y)-2.68%
ROA(5y)-8.99%
ROE(3y)-22.21%
ROE(5y)-38.93%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CUK (6.39%) is better than 63.36% of its industry peers.
CUK's Profit Margin has declined in the last couple of years.
CUK has a Operating Margin of 13.88%. This is in the better half of the industry: CUK outperforms 63.36% of its industry peers.
In the last couple of years the Operating Margin of CUK has declined.
CUK has a Gross Margin of 36.95%. This is in the lower half of the industry: CUK underperforms 70.23% of its industry peers.
CUK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.88% | ||
| PM (TTM) | 6.39% | ||
| GM | 36.95% |
OM growth 3YN/A
OM growth 5Y-1.91%
PM growth 3YN/A
PM growth 5Y-11.81%
GM growth 3YN/A
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CUK is creating some value.
The number of shares outstanding for CUK has been increased compared to 1 year ago.
CUK has more shares outstanding than it did 5 years ago.
CUK has a better debt/assets ratio than last year.
2.2 Solvency
CUK has an Altman-Z score of 0.98. This is a bad value and indicates that CUK is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.98, CUK is not doing good in the industry: 69.47% of the companies in the same industry are doing better.
The Debt to FCF ratio of CUK is 23.59, which is on the high side as it means it would take CUK, 23.59 years of fcf income to pay off all of its debts.
CUK has a Debt to FCF ratio (23.59) which is in line with its industry peers.
CUK has a Debt/Equity ratio of 3.10. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CUK (3.10) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.1 | ||
| Debt/FCF | 23.59 | ||
| Altman-Z | 0.98 |
ROIC/WACC1.04
WACC6.88%
2.3 Liquidity
A Current Ratio of 0.30 indicates that CUK may have some problems paying its short term obligations.
With a Current ratio value of 0.30, CUK is not doing good in the industry: 93.13% of the companies in the same industry are doing better.
A Quick Ratio of 0.26 indicates that CUK may have some problems paying its short term obligations.
CUK has a worse Quick ratio (0.26) than 91.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
CUK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1650.56%, which is quite impressive.
CUK shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -20.48% yearly.
CUK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.88%.
CUK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.74% yearly.
EPS 1Y (TTM)1650.56%
EPS 3YN/A
EPS 5Y-20.48%
EPS Q2Q%300%
Revenue 1Y (TTM)15.88%
Revenue growth 3Y135.82%
Revenue growth 5Y3.74%
Sales Q2Q%10.02%
3.2 Future
The Earnings Per Share is expected to grow by 18.42% on average over the next years. This is quite good.
CUK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.98% yearly.
EPS Next Y28.56%
EPS Next 2Y23.72%
EPS Next 3Y21.77%
EPS Next 5Y18.42%
Revenue Next Year5.18%
Revenue Next 2Y4.39%
Revenue Next 3Y3.96%
Revenue Next 5Y3.98%
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
CUK is valuated correctly with a Price/Earnings ratio of 14.22.
Based on the Price/Earnings ratio, CUK is valued cheaply inside the industry as 83.97% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CUK to the average of the S&P500 Index (29.63), we can say CUK is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 11.10, the valuation of CUK can be described as reasonable.
Based on the Price/Forward Earnings ratio, CUK is valued cheaper than 92.37% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, CUK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.22 | ||
| Fwd PE | 11.1 |
4.2 Price Multiples
74.05% of the companies in the same industry are more expensive than CUK, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CUK is valued a bit cheaper than the industry average as 73.28% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.53 | ||
| EV/EBITDA | 9.57 |
4.3 Compensation for Growth
CUK'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 CUK's earnings are expected to grow with 21.77% in the coming years.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y23.72%
EPS Next 3Y21.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.91%, CUK has a reasonable but not impressive dividend return.
CUK's Dividend Yield is rather good when compared to the industry average which is at 3.06. CUK pays more dividend than 91.60% of the companies in the same industry.
CUK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
5.2 History
CUK 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 2Y23.72%
EPS Next 3Y21.77%
21.05
-1.12 (-5.05%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners46.68%
Inst Owner Change9.27%
Ins Owners0.6%
Ins Owner Change-0.02%
Market Cap27.55B
Analysts78.95
Price Target25.98 (23.42%)
Short Float %2.36%
Short Ratio2.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Yearly Dividend0
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)553.11%
Min EPS beat(2)5.33%
Max EPS beat(2)1100.9%
EPS beat(4)4
Avg EPS beat(4)292.31%
Min EPS beat(4)5.33%
Max EPS beat(4)1100.9%
EPS beat(8)8
Avg EPS beat(8)150.14%
EPS beat(12)9
Avg EPS beat(12)60.15%
EPS beat(16)10
Avg EPS beat(16)43.48%
Revenue beat(2)0
Avg Revenue beat(2)-2.28%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)-2.1%
Revenue beat(4)1
Avg Revenue beat(4)-2.15%
Min Revenue beat(4)-4.1%
Max Revenue beat(4)0.07%
Revenue beat(8)3
Avg Revenue beat(8)-1.23%
Revenue beat(12)3
Avg Revenue beat(12)-7.74%
Revenue beat(16)3
Avg Revenue beat(16)-21.67%
PT rev (1m)15.37%
PT rev (3m)17.12%
EPS NQ rev (1m)10.07%
EPS NQ rev (3m)6.57%
EPS NY rev (1m)12.28%
EPS NY rev (3m)8.71%
Revenue NQ rev (1m)0.37%
Revenue NQ rev (3m)0.37%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.22 | ||
| Fwd PE | 11.1 | ||
| P/S | 1.13 | ||
| P/FCF | 22.53 | ||
| P/OCF | 4.64 | ||
| P/B | 3.2 | ||
| P/tB | 4.02 | ||
| EV/EBITDA | 9.57 |
EPS(TTM)1.48
EY7.03%
EPS(NY)1.9
Fwd EY9.01%
FCF(TTM)0.93
FCFY4.44%
OCF(TTM)4.53
OCFY21.53%
SpS18.7
BVpS6.57
TBVpS5.23
PEG (NY)0.5
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 18.2% | ||
| ROCE | 9.05% | ||
| ROIC | 7.15% | ||
| ROICexc | 7.45% | ||
| ROICexgc | 7.83% | ||
| OM | 13.88% | ||
| PM (TTM) | 6.39% | ||
| GM | 36.95% | ||
| FCFM | 5% |
ROA(3y)-2.68%
ROA(5y)-8.99%
ROE(3y)-22.21%
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
ROICexcg growth 3YN/A
ROICexcg 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 5Y-0.28%
F-Score7
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.1 | ||
| Debt/FCF | 23.59 | ||
| Debt/EBITDA | 4.52 | ||
| Cap/Depr | 188.81% | ||
| Cap/Sales | 19.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 100.7% | ||
| Profit Quality | 78.15% | ||
| Current Ratio | 0.3 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 0.98 |
F-Score7
WACC6.88%
ROIC/WACC1.04
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1650.56%
EPS 3YN/A
EPS 5Y-20.48%
EPS Q2Q%300%
EPS Next Y28.56%
EPS Next 2Y23.72%
EPS Next 3Y21.77%
EPS Next 5Y18.42%
Revenue 1Y (TTM)15.88%
Revenue growth 3Y135.82%
Revenue growth 5Y3.74%
Sales Q2Q%10.02%
Revenue Next Year5.18%
Revenue Next 2Y4.39%
Revenue Next 3Y3.96%
Revenue Next 5Y3.98%
EBIT growth 1Y290.91%
EBIT growth 3YN/A
EBIT growth 5Y1.76%
EBIT Next Year88.54%
EBIT Next 3Y26.73%
EBIT Next 5Y18.09%
FCF growth 1Y323.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y82.97%
OCF growth 3YN/A
OCF growth 5YN/A