Company Valuation: Carnival Corporation Ltd.

Data adjusted to current consolidation scope
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 19,649 12,293 18,785 32,663 33,595 36,296 - -
Change - -37.44% 52.82% 73.88% 2.85% 8.04% - -
Enterprise Value (EV) 1 43,936 42,810 46,942 58,927 58,307 59,436 58,380 57,101
Change - -2.56% 9.65% 25.53% -1.05% 1.94% -1.78% -2.19%
P/E -2.08x -1.92x -251x 17.7x 12.8x 11.9x 10x 8.61x
PBR 1.65x 1.77x 2.77x 3.6x 2.75x 2.46x 2.22x 1.9x
PEG - 0x 2.5x -0x 0.3x 1.21x 0.5x 0.5x
Capitalization / Revenue 10.3x 1.01x 0.87x 1.31x 1.26x 1.31x 1.27x 1.22x
EV / Revenue 23x 3.52x 2.17x 2.36x 2.19x 2.15x 2.04x 1.91x
EV / EBITDA -9.05x -20.3x 11.1x 9.64x 8.12x 8.3x 7.52x 6.88x
EV / EBIT -6.2x -9.78x 24x 16.5x 13x 13.9x 12.3x 11.1x
EV / FCF -5.69x -6.48x 47.5x 45.4x 22.4x 16x 14.9x 12.7x
FCF Yield -17.6% -15.4% 2.11% 2.2% 4.47% 6.26% 6.69% 7.85%
Dividend per Share 2 - - - - - 0.5986 0.7482 1.001
Rate of return - - - - - 2.26% 2.82% 3.78%
EPS 2 -8.46 -5.16 -0.06 1.44 2.02 2.219 2.637 3.078
Distribution rate - - - - - 27% 28.4% 32.5%
Net sales 1 1,908 12,168 21,593 25,021 26,622 27,642 28,632 29,856
EBITDA 1 -4,856 -2,104 4,231 6,110 7,182 7,162 7,762 8,294
EBIT 1 -7,089 -4,379 1,956 3,574 4,483 4,289 4,744 5,157
Net income 1 -9,501 -6,093 -74 1,916 2,760 3,050 3,587 3,954
Net Debt 1 24,287 30,517 28,157 26,264 24,712 23,140 22,085 20,805
Reference price 2 17.62 9.93 15.06 25.43 25.78 26.50 26.50 26.50
Nbr of stocks (in thousands) 11,31,464 12,58,272 12,65,705 12,98,971 13,13,149 13,69,649 - -
Announcement Date 20/12/21 21/12/22 21/12/23 20/12/24 19/12/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.94x2.15x8.3x2.26% 3.63TCr
16.51x4.97x12.73x1.74% 7.59TCr
12.66x2.4x9.48x-.--% 893.43Cr
154x2.38x14.67x - 171.67Cr
Average 48.78x 2.98x 11.30x 1.33% 3.07TCr
Weighted average by Cap. 16.80x 3.91x 11.21x 1.77%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CCL Stock
  4. Valuation Carnival Corporation Ltd.