CARNIVAL PLC-ADR (CUK)
US14365C1036 - ADR
CUK gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and financial health of CUK have multiple concerns. CUK is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CUK has reported negative net income.
CUK had a positive operating cash flow in the past year.
CUK had negative earnings in 4 of the past 5 years.
In multiple years CUK reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of CUK (-0.15%) is worse than 68.66% of its industry peers.
CUK has a Return On Equity of -1.08%. This is comparable to the rest of the industry: CUK outperforms 48.51% of its industry peers.
CUK has a Return On Invested Capital (4.11%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.15% | ||
| ROE | -1.08% | ||
| ROIC | 4.11% |
ROA(3y)-9.92%
ROA(5y)-8.44%
ROE(3y)-55.19%
ROE(5y)-40.71%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CUK has a Operating Margin of 9.06%. This is comparable to the rest of the industry: CUK outperforms 52.99% of its industry peers.
CUK's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 33.70%, CUK is doing worse than 70.90% of the companies in the same industry.
In the last couple of years the Gross Margin of CUK has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.06% | ||
| PM (TTM) | N/A | ||
| GM | 33.7% |
OM growth 3YN/A
OM growth 5Y-12.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-3.97%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CUK is destroying value.
Compared to 1 year ago, CUK has more shares outstanding
The number of shares outstanding for CUK has been increased compared to 5 years ago.
Compared to 1 year ago, CUK has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.65, we must say that CUK is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CUK (0.65) is worse than 72.39% of its industry peers.
The Debt to FCF ratio of CUK is 30.66, which is on the high side as it means it would take CUK, 30.66 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 30.66, CUK perfoms like the industry average, outperforming 43.28% of the companies in the same industry.
CUK has a Debt/Equity ratio of 4.14. This is a high value indicating a heavy dependency on external financing.
CUK has a Debt to Equity ratio (4.14) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.14 | ||
| Debt/FCF | 30.66 | ||
| Altman-Z | 0.65 |
ROIC/WACC0.57
WACC7.22%
2.3 Liquidity
A Current Ratio of 0.46 indicates that CUK may have some problems paying its short term obligations.
With a Current ratio value of 0.46, CUK is not doing good in the industry: 79.10% of the companies in the same industry are doing better.
CUK has a Quick Ratio of 0.46. This is a bad value and indicates that CUK is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.41, CUK is not doing good in the industry: 77.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.46 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
CUK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 98.11%, which is quite impressive.
Looking at the last year, CUK shows a very strong growth in Revenue. The Revenue has grown by 77.46%.
Measured over the past years, CUK shows a small growth in Revenue. The Revenue has been growing by 2.72% on average per year.
EPS 1Y (TTM)98.11%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q91.76%
Revenue 1Y (TTM)77.46%
Revenue growth 3Y56.87%
Revenue growth 5Y2.72%
Revenue growth Q2Q40.56%
3.2 Future
The Earnings Per Share is expected to grow by 101.67% on average over the next years. This is a very strong growth
CUK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.61% yearly.
EPS Next Y1259.04%
EPS Next 2Y325.87%
EPS Next 3Y177.52%
EPS Next 5Y101.68%
Revenue Next Year14.21%
Revenue Next 2Y9.28%
Revenue Next 3Y6.49%
Revenue Next 5Y4.61%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CUK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 12.31, which indicates a correct valuation of CUK.
Based on the Price/Forward Earnings ratio, CUK is valued cheaper than 82.09% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, CUK is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.31 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CUK.
76.12% of the companies in the same industry are more expensive than CUK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.07 | ||
| EV/EBITDA | 10.25 |
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.
CUK's earnings are expected to grow with 177.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y325.87%
EPS Next 3Y177.52%
5. Dividend
5.1 Amount
CUK has a Yearly Dividend Yield of 3.91%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.55, CUK pays a better dividend. On top of this CUK pays more dividend than 94.03% of the companies listed in the same industry.
CUK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| 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 2Y325.87%
EPS Next 3Y177.52%
CARNIVAL PLC-ADR
NYSE:CUK (4/19/2024, 1:47:45 PM)
12.67
-0.13 (-1.02%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap16.03B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.31 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.15% | ||
| ROE | -1.08% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.06% | ||
| PM (TTM) | N/A | ||
| GM | 33.7% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.14 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.46 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)98.11%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y1259.04%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)77.46%
Revenue growth 3Y56.87%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y