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 133 industry peers in the Hotels, Restaurants & Leisure industry. While CUK is still in line with the averages on profitability rating, there are concerns on its financial health. CUK 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 CUK was profitable.
In the past year CUK had a positive cash flow from operations.
In the past 5 years CUK reported 4 times negative net income.
In multiple years CUK reported negative operating cash flow during the last 5 years.
1.2 Ratios
CUK has a better Return On Assets (4.94%) than 67.67% of its industry peers.
Looking at the Return On Equity, with a value of 25.23%, CUK belongs to the top of the industry, outperforming 81.20% of the companies in the same industry.
The Return On Invested Capital of CUK (8.71%) is better than 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 25.23% | ||
| ROIC | 8.71% |
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
CUK has a better Profit Margin (9.72%) than 73.68% of its industry peers.
CUK's Profit Margin has declined in the last couple of years.
CUK's Operating Margin of 16.23% is fine compared to the rest of the industry. CUK outperforms 69.92% of its industry peers.
In the last couple of years the Operating Margin of CUK has declined.
With a Gross Margin value of 39.22%, CUK is not doing good in the industry: 63.16% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CUK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.23% | ||
| PM (TTM) | 9.72% | ||
| GM | 39.22% |
OM growth 3YN/A
OM growth 5Y-1.91%
PM growth 3YN/A
PM growth 5Y-11.81%
GM growth 3YN/A
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
CUK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CUK has more shares outstanding than it did 1 year ago.
CUK has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CUK has an improved debt to assets ratio.
2.2 Solvency
CUK has an Altman-Z score of 1.16. 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 1.16, CUK is not doing good in the industry: 61.65% of the companies in the same industry are doing better.
CUK has a debt to FCF ratio of 9.71. This is a negative value and a sign of low solvency as CUK would need 9.71 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.71, CUK is in the better half of the industry, outperforming 60.90% of the companies in the same industry.
A Debt/Equity ratio of 2.58 is on the high side and indicates that CUK has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.58, CUK is in line with its industry, outperforming 45.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.58 | ||
| Debt/FCF | 9.71 | ||
| Altman-Z | 1.16 |
ROIC/WACC1.28
WACC6.82%
2.3 Liquidity
A Current Ratio of 0.34 indicates that CUK may have some problems paying its short term obligations.
CUK's Current ratio of 0.34 is on the low side compared to the rest of the industry. CUK is outperformed by 86.47% of its industry peers.
A Quick Ratio of 0.30 indicates that CUK may have some problems paying its short term obligations.
CUK's Quick ratio of 0.30 is on the low side compared to the rest of the industry. CUK is outperformed by 82.71% 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 155.06% over the past year.
The earnings per share for CUK have been decreasing by -20.48% on average. This is quite bad
The Revenue has grown by 10.82% in the past year. This is quite good.
Measured over the past years, CUK shows a small growth in Revenue. The Revenue has been growing by 3.74% on average per year.
EPS 1Y (TTM)155.06%
EPS 3YN/A
EPS 5Y-20.48%
EPS Q2Q%218.18%
Revenue 1Y (TTM)10.82%
Revenue growth 3Y135.82%
Revenue growth 5Y3.74%
Sales Q2Q%9.46%
3.2 Future
Based on estimates for the next years, CUK will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.08% on average per year.
The Revenue is expected to grow by 4.13% on average over the next years.
EPS Next Y32.5%
EPS Next 2Y24.15%
EPS Next 3Y21.59%
EPS Next 5Y17.08%
Revenue Next Year4.47%
Revenue Next 2Y3.95%
Revenue Next 3Y4%
Revenue Next 5Y4.13%
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
A Price/Earnings ratio of 13.00 indicates a correct valuation of CUK.
Compared to the rest of the industry, the Price/Earnings ratio of CUK indicates a rather cheap valuation: CUK is cheaper than 87.22% of the companies listed in the same industry.
CUK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
Based on the Price/Forward Earnings ratio of 11.58, the valuation of CUK can be described as reasonable.
Based on the Price/Forward Earnings ratio, CUK is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CUK to the average of the S&P500 Index (21.76), we can say CUK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 11.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CUK indicates a somewhat cheap valuation: CUK is cheaper than 77.44% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CUK indicates a rather cheap valuation: CUK is cheaper than 88.72% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.28 | ||
| EV/EBITDA | 8.74 |
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 CUK's earnings are expected to grow with 21.59% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y24.15%
EPS Next 3Y21.59%
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 3.53. CUK pays more dividend than 90.23% of the companies in the same industry.
CUK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
5.2 History
CUK has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y24.15%
EPS Next 3Y21.59%
26.26
-0.37 (-1.39%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners39.77%
Inst Owner Change0%
Ins Owners0.9%
Ins Owner Change0.28%
Market Cap34.47B
Analysts83.53
Price Target29.51 (12.38%)
Short Float %2.09%
Short Ratio1.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
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)256.58%
Min EPS beat(2)39.45%
Max EPS beat(2)473.7%
EPS beat(4)4
Avg EPS beat(4)143.83%
Min EPS beat(4)5.33%
Max EPS beat(4)473.7%
EPS beat(8)8
Avg EPS beat(8)217.98%
EPS beat(12)11
Avg EPS beat(12)112.36%
EPS beat(16)12
Avg EPS beat(16)80.1%
Revenue beat(2)0
Avg Revenue beat(2)-1.55%
Min Revenue beat(2)-1.74%
Max Revenue beat(2)-1.36%
Revenue beat(4)0
Avg Revenue beat(4)-2.38%
Min Revenue beat(4)-3.98%
Max Revenue beat(4)-1.36%
Revenue beat(8)1
Avg Revenue beat(8)-2.24%
Revenue beat(12)3
Avg Revenue beat(12)-3.06%
Revenue beat(16)3
Avg Revenue beat(16)-6.28%
PT rev (1m)7.79%
PT rev (3m)9.11%
EPS NQ rev (1m)5.34%
EPS NQ rev (3m)9.71%
EPS NY rev (1m)6.87%
EPS NY rev (3m)10.48%
Revenue NQ rev (1m)1.47%
Revenue NQ rev (3m)1.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 11.58 | ||
| P/S | 1.33 | ||
| P/FCF | 12.28 | ||
| P/OCF | 6.34 | ||
| P/B | 3.44 | ||
| P/tB | 4.18 | ||
| EV/EBITDA | 8.74 |
EPS(TTM)2.02
EY7.69%
EPS(NY)2.27
Fwd EY8.64%
FCF(TTM)2.14
FCFY8.15%
OCF(TTM)4.14
OCFY15.77%
SpS19.79
BVpS7.62
TBVpS6.29
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 25.23% | ||
| ROCE | 11.02% | ||
| ROIC | 8.71% | ||
| ROICexc | 9.23% | ||
| ROICexgc | 9.7% | ||
| OM | 16.23% | ||
| PM (TTM) | 9.72% | ||
| GM | 39.22% | ||
| FCFM | 10.81% |
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-Score8
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.58 | ||
| Debt/FCF | 9.71 | ||
| Debt/EBITDA | 3.76 | ||
| Cap/Depr | 98.91% | ||
| Cap/Sales | 10.11% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.09% | ||
| Profit Quality | 111.21% | ||
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | 1.16 |
F-Score8
WACC6.82%
ROIC/WACC1.28
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)155.06%
EPS 3YN/A
EPS 5Y-20.48%
EPS Q2Q%218.18%
EPS Next Y32.5%
EPS Next 2Y24.15%
EPS Next 3Y21.59%
EPS Next 5Y17.08%
Revenue 1Y (TTM)10.82%
Revenue growth 3Y135.82%
Revenue growth 5Y3.74%
Sales Q2Q%9.46%
Revenue Next Year4.47%
Revenue Next 2Y3.95%
Revenue Next 3Y4%
Revenue Next 5Y4.13%
EBIT growth 1Y48.24%
EBIT growth 3YN/A
EBIT growth 5Y1.76%
EBIT Next Year91.87%
EBIT Next 3Y28.52%
EBIT Next 5Y18.42%
FCF growth 1Y215.65%
FCF growth 3YN/A
FCF growth 5Y94.16%
OCF growth 1Y411.29%
OCF growth 3YN/A
OCF growth 5Y1.58%