CARNIVAL PLC-ADR (CUK) Stock Fundamental Analysis
NYSE:CUK - New York Stock Exchange, Inc. - US14365C1036 - ADR - Currency: USD
Overall CUK gets a fundamental rating of 4 out of 10. We evaluated CUK against 133 industry peers in the Hotels, Restaurants & Leisure industry. There are concerns on the financial health of CUK while its profitability can be described as average. 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.
CUK had a positive operating cash flow in the past year.
CUK had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CUK reported negative operating cash flow in multiple years.
1.2 Ratios
CUK has a Return On Assets of 4.23%. This is in the better half of the industry: CUK outperforms 65.41% of its industry peers.
CUK's Return On Equity of 22.35% is fine compared to the rest of the industry. CUK outperforms 79.70% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.21%, CUK is in the better half of the industry, outperforming 67.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.23% | ||
| ROE | 22.35% | ||
| ROIC | 8.21% |
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's Profit Margin of 8.07% is fine compared to the rest of the industry. CUK outperforms 65.41% of its industry peers.
In the last couple of years the Profit Margin of CUK has declined.
CUK has a better Operating Margin (15.11%) than 67.67% of its industry peers.
In the last couple of years the Operating Margin of CUK has declined.
Looking at the Gross Margin, with a value of 38.26%, CUK is doing worse than 66.92% of the companies in the same industry.
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 | 15.11% | ||
| PM (TTM) | 8.07% | ||
| GM | 38.26% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CUK is still 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.
Compared to 1 year ago, CUK has an improved debt to assets ratio.
2.2 Solvency
CUK has an Altman-Z score of 1.06. This is a bad value and indicates that CUK is not financially healthy and even has some risk of bankruptcy.
CUK's Altman-Z score of 1.06 is on the low side compared to the rest of the industry. CUK is outperformed by 65.41% of its industry peers.
CUK has a debt to FCF ratio of 13.60. This is a negative value and a sign of low solvency as CUK would need 13.60 years to pay back of all of its debts.
With a Debt to FCF ratio value of 13.60, CUK perfoms like the industry average, outperforming 50.38% of the companies in the same industry.
A Debt/Equity ratio of 2.78 is on the high side and indicates that CUK has dependencies on debt financing.
CUK has a Debt to Equity ratio (2.78) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 13.6 | ||
| Altman-Z | 1.06 |
ROIC/WACC1.26
WACC6.53%
2.3 Liquidity
A Current Ratio of 0.26 indicates that CUK may have some problems paying its short term obligations.
With a Current ratio value of 0.26, CUK is not doing good in the industry: 93.98% of the companies in the same industry are doing better.
A Quick Ratio of 0.21 indicates that CUK may have some problems paying its short term obligations.
CUK has a Quick ratio of 0.21. This is amonst the worse of the industry: CUK underperforms 95.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 414.02% over the past year.
Measured over the past years, CUK shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -20.48% on average per year.
CUK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.66%.
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)414.02%
EPS 3YN/A
EPS 5Y-20.48%
EPS Q2Q%192.86%
Revenue 1Y (TTM)12.66%
Revenue growth 3Y135.82%
Revenue growth 5Y3.74%
Sales Q2Q%7.47%
3.2 Future
CUK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.65% yearly.
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 5Y18.65%
Revenue Next Year4.47%
Revenue Next 2Y3.95%
Revenue Next 3Y4%
Revenue Next 5Y4.13%
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
CUK is valuated correctly with a Price/Earnings ratio of 12.93.
Based on the Price/Earnings ratio, CUK is valued cheaper than 86.47% of the companies in the same industry.
CUK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.60.
CUK is valuated reasonably with a Price/Forward Earnings ratio of 10.05.
Based on the Price/Forward Earnings ratio, CUK is valued cheaper than 87.22% of the companies in the same industry.
CUK is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.93 | ||
| Fwd PE | 10.05 |
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 78.20% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CUK is valued cheaper than 84.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.09 | ||
| EV/EBITDA | 8.46 |
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 21.59% 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
CUK has a Yearly Dividend Yield of 3.91%.
Compared to an average industry Dividend Yield of 3.82, CUK pays a better dividend. On top of this CUK pays more dividend than 88.72% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, CUK pays a better dividend.
| 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%
21.33
-0.25 (-1.16%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners46.68%
Inst Owner Change4.35%
Ins Owners0.6%
Ins Owner Change0.28%
Market Cap27.98B
Analysts83.53
Price Target28.41 (33.19%)
Short Float %3.65%
Short Ratio2.9
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)265.26%
Min EPS beat(2)56.83%
Max EPS beat(2)473.7%
EPS beat(4)4
Avg EPS beat(4)409.19%
Min EPS beat(4)5.33%
Max EPS beat(4)1100.9%
EPS beat(8)8
Avg EPS beat(8)214.84%
EPS beat(12)10
Avg EPS beat(12)106.33%
EPS beat(16)11
Avg EPS beat(16)76.98%
Revenue beat(2)0
Avg Revenue beat(2)-2.86%
Min Revenue beat(2)-3.98%
Max Revenue beat(2)-1.74%
Revenue beat(4)0
Avg Revenue beat(4)-2.57%
Min Revenue beat(4)-3.98%
Max Revenue beat(4)-1.74%
Revenue beat(8)2
Avg Revenue beat(8)-1.8%
Revenue beat(12)3
Avg Revenue beat(12)-4.41%
Revenue beat(16)3
Avg Revenue beat(16)-10.51%
PT rev (1m)3.74%
PT rev (3m)7.58%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)0.01%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-5.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.93 | ||
| Fwd PE | 10.05 | ||
| P/S | 1.1 | ||
| P/FCF | 14.09 | ||
| P/OCF | 5.51 | ||
| P/B | 3.05 | ||
| P/tB | 3.76 | ||
| EV/EBITDA | 8.46 |
EPS(TTM)1.65
EY7.74%
EPS(NY)2.12
Fwd EY9.95%
FCF(TTM)1.51
FCFY7.1%
OCF(TTM)3.87
OCFY18.16%
SpS19.38
BVpS7
TBVpS5.67
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.23% | ||
| ROE | 22.35% | ||
| ROCE | 10.4% | ||
| ROIC | 8.21% | ||
| ROICexc | 8.4% | ||
| ROICexgc | 8.83% | ||
| OM | 15.11% | ||
| PM (TTM) | 8.07% | ||
| GM | 38.26% | ||
| FCFM | 7.81% |
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-Score7
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 13.6 | ||
| Debt/EBITDA | 3.96 | ||
| Cap/Depr | 119.13% | ||
| Cap/Sales | 12.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.9% | ||
| Profit Quality | 96.78% | ||
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 1.06 |
F-Score7
WACC6.53%
ROIC/WACC1.26
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)414.02%
EPS 3YN/A
EPS 5Y-20.48%
EPS Q2Q%192.86%
EPS Next Y32.5%
EPS Next 2Y24.15%
EPS Next 3Y21.59%
EPS Next 5Y18.65%
Revenue 1Y (TTM)12.66%
Revenue growth 3Y135.82%
Revenue growth 5Y3.74%
Sales Q2Q%7.47%
Revenue Next Year4.47%
Revenue Next 2Y3.95%
Revenue Next 3Y4%
Revenue Next 5Y4.13%
EBIT growth 1Y59.82%
EBIT growth 3YN/A
EBIT growth 5Y1.76%
EBIT Next Year91.87%
EBIT Next 3Y28.52%
EBIT Next 5Y18.42%
FCF growth 1Y30.09%
FCF growth 3YN/A
FCF growth 5Y94.16%
OCF growth 1Y38.36%
OCF growth 3YN/A
OCF growth 5Y1.58%