CCL Carnival Corporation
too hard · 28
Owner-earnings value$27.39
Price$22.28
Margin of safety
+23.0%
Quality gate · 28/100
⚠ sub-hurdle returns (median roic 8% < 9%) · unprofitable in too many years
Median ROIC7.6%
Gross margin39.7%
Net debt / EBITDA3.6x
Share count / yr+1.4%
Profitable years2/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 3.07B |
| Owner-earnings yield | 10.1% |
| Free-cash-flow yield | 10.5% |
| Growth used (normalized) | 10.0% |
| Market-implied growth (reverse DCF) | 4.5% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 14.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 3.38B | 10.0% | 2.96B |
| 2 | 3.69B | 9.2% | 2.84B |
| 3 | 4.00B | 8.4% | 2.70B |
| 4 | 4.31B | 7.7% | 2.55B |
| 5 | 4.60B | 6.9% | 2.39B |
| 6 | 4.88B | 6.1% | 2.23B |
| 7 | 5.14B | 5.3% | 2.06B |
| 8 | 5.38B | 4.6% | 1.89B |
| 9 | 5.58B | 3.8% | 1.72B |
| 10 | 5.75B | 3.0% | 1.56B |
Recent news
score · 8 articles
- Carnival (CCL) Expected to Beat Earnings Estimates: Should You Buy?
- Air, Cruise Lines Stage Uneven Rally As Oil Ebbs; Are They Ready To Rebound?
- Carnival Corp Stock Looks Cheap to Value Investors Ahead of Earnings Next Week
- Carnival (CCL) Exceeds Market Returns: Some Facts to Consider
- Can Carnival's Fuel Efficiency Create a Lasting Margin Tailwind?
- Carnival (CCL) Stock Gets Fair Value Trim As Analysts Weigh Demand Against Yield Risks
- TITLE
- 2 Cash-Producing Stocks with Competitive Advantages and 1 Facing Headwinds
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~4%/yr owner-earnings growth over 10y (reverse DCF); model credits 10%.