CARNIVAL CORP (CCL) Stock Fundamental Analysis
USA - NYSE:CCL - PA1436583006 - Common Stock
26.02 USD
-0.12 (-0.46%)
26.04 USD
+0.02 (+0.08%)
Overall CCL gets a fundamental rating of 4 out of 10. We evaluated CCL against 132 industry peers in the Hotels, Restaurants & Leisure industry. CCL has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
In the past year CCL had a positive cash flow from operations.
CCL had negative earnings in 4 of the past 5 years.
In multiple years CCL reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of CCL (5.20%) is better than 69.70% of its industry peers.
CCL's Return On Equity of 22.15% is fine compared to the rest of the industry. CCL outperforms 78.03% of its industry peers.
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
The Profit Margin of CCL (10.07%) is better than 74.24% of its industry peers.
In the last couple of years the Profit Margin of CCL has declined.
Looking at the Operating Margin, with a value of 16.43%, CCL is in the better half of the industry, outperforming 71.21% of the companies in the same industry.
In the last couple of years the Operating Margin of CCL has declined.
CCL has a better Gross Margin (54.22%) than 64.39% 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.
CCL has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CCL has more shares outstanding
The debt/assets ratio for CCL has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.27, we must say that CCL is in the distress zone and has some risk of bankruptcy.
CCL's Altman-Z score of 1.27 is in line compared to the rest of the industry. CCL outperforms 40.91% of its industry peers.
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.
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.
Looking at the Debt to Equity ratio, with a value of 2.10, CCL is in line with its industry, outperforming 51.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.1 | ||
| Debt/FCF | 9.08 | ||
| Altman-Z | 1.27 |
ROIC/WACC1.12
WACC7.69%
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.
CCL's Current ratio of 0.34 is on the low side compared to the rest of the industry. CCL is outperformed by 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 84.85% 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.
Measured over the past years, CCL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -20.70% on average per year.
CCL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.15%.
Measured over the past years, CCL shows a small growth in Revenue. The Revenue has been growing by 3.74% on average per year.
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.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 12.69 indicates a correct valuation of CCL.
Based on the Price/Earnings ratio, CCL is valued cheaply inside the industry as 82.58% of the companies are valued more expensively.
CCL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.89.
A Price/Forward Earnings ratio of 10.64 indicates a reasonable valuation of CCL.
Based on the Price/Forward Earnings ratio, CCL is valued cheaper than 84.09% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. CCL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.69 | ||
| Fwd PE | 10.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CCL is valued a bit cheaper than 73.48% of the companies in the same industry.
87.88% of the companies in the same industry are more expensive than CCL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.72 | ||
| EV/EBITDA | 8.37 |
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.
CCL's earnings are expected to grow with 26.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.22
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 |
26.02
-0.12 (-0.46%)
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 Cap34.17B
Revenue(TTM)26.23B
Net Income(TTM)2.64B
Analysts81.88
Price Target35.49 (36.4%)
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)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 | 12.69 | ||
| Fwd PE | 10.64 | ||
| P/S | 1.3 | ||
| P/FCF | 11.72 | ||
| P/OCF | 6.09 | ||
| P/B | 2.86 | ||
| P/tB | 3.36 | ||
| EV/EBITDA | 8.37 |
EPS(TTM)2.05
EY7.88%
EPS(NY)2.45
Fwd EY9.4%
FCF(TTM)2.22
FCFY8.53%
OCF(TTM)4.27
OCFY16.42%
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 | 1.27 |
F-Score8
WACC7.69%
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%.