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. CUK has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
CUK had a positive operating cash flow in the past year.
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
The Return On Assets of CUK (4.23%) is better than 64.66% of its industry peers.
The Return On Equity of CUK (22.35%) is better than 79.70% of its industry peers.
With a decent Return On Invested Capital value of 8.21%, CUK is doing good in the industry, outperforming 66.92% 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.
CUK's Profit Margin has declined in the last couple of years.
CUK has a Operating Margin of 15.11%. This is in the better half of the industry: CUK outperforms 66.92% of its industry peers.
CUK's Operating Margin has declined in the last couple of years.
CUK's Gross Margin of 38.26% is on the low side compared to the rest of the industry. CUK is outperformed by 66.17% of its industry peers.
CUK's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 1 year ago, CUK has more shares outstanding
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 1.17. This is a bad value and indicates that CUK is not financially healthy and even has some risk of bankruptcy.
CUK has a worse Altman-Z score (1.17) than 61.65% 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.
CUK's Debt to FCF ratio of 13.60 is in line compared to the rest of the industry. CUK outperforms 51.13% of its industry peers.
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 of 2.78. This is comparable to the rest of the industry: CUK outperforms 45.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 13.6 | ||
| Altman-Z | 1.17 |
ROIC/WACC1.2
WACC6.87%
2.3 Liquidity
CUK has a Current Ratio of 0.26. This is a bad value and indicates that CUK is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CUK (0.26) is worse than 93.98% of its industry peers.
CUK has a Quick Ratio of 0.26. This is a bad value and indicates that CUK is not financially healthy enough and could expect problems in meeting its short term obligations.
CUK's Quick ratio of 0.21 is on the low side compared to the rest of the industry. CUK is outperformed by 94.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
CUK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 414.02%, 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.
The Revenue has grown by 12.66% in the past year. This is quite good.
CUK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.74% yearly.
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.
CUK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.13% yearly.
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
Based on the Price/Earnings ratio of 16.48, the valuation of CUK can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of CUK indicates a somewhat cheap valuation: CUK is cheaper than 79.70% of the companies listed in the same industry.
CUK is valuated rather cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.81, CUK is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CUK indicates a rather cheap valuation: CUK is cheaper than 81.95% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.90. CUK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 12.81 |
4.2 Price Multiples
73.68% of the companies in the same industry are more expensive than CUK, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CUK indicates a rather cheap valuation: CUK is cheaper than 81.20% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.96 | ||
| EV/EBITDA | 9.61 |
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.
CUK's earnings are expected to grow with 21.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.51
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 3.70. 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 2.42.
| 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 2Y24.15%
EPS Next 3Y21.59%
27.2
+0.37 (+1.38%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners39.77%
Inst Owner Change4.35%
Ins Owners0.9%
Ins Owner Change0.28%
Market Cap35.68B
Analysts83.53
Price Target29.51 (8.49%)
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)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)7.79%
PT rev (3m)7.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.25%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 12.81 | ||
| P/S | 1.4 | ||
| P/FCF | 17.96 | ||
| P/OCF | 7.02 | ||
| P/B | 3.89 | ||
| P/tB | 4.79 | ||
| EV/EBITDA | 9.61 |
EPS(TTM)1.65
EY6.07%
EPS(NY)2.12
Fwd EY7.8%
FCF(TTM)1.51
FCFY5.57%
OCF(TTM)3.87
OCFY14.24%
SpS19.38
BVpS7
TBVpS5.67
PEG (NY)0.51
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 | 1.17 |
F-Score7
WACC6.87%
ROIC/WACC1.2
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%