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Carnival Corp
NYSE:CCL

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Carnival Corp
NYSE:CCL
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Price: 26.66 USD 0.57%
Market Cap: $36.9B

EV/IC

1.2
Current
12%
More Expensive
vs 3-y average of 1.1

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.2
=
Enterprise Value
$58.3B
/
Invested Capital
$48.9B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.2
=
Enterprise Value
$58.3B
/
Invested Capital
$48.9B

Valuation Scenarios

Carnival Corp is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.1), the stock would be worth $23.8 (11% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-13%
Maximum Upside
+60%
Average Upside
15%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.2 $26.66
0%
3-Year Average 1.1 $23.8
-11%
5-Year Average 1.1 $23.15
-13%
Industry Average 1.9 $42.72
+60%
Country Average 1.5 $32.72
+23%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

In line with most companies in the United States of America
Percentile
42nd
Based on 11 657 companies
42nd percentile
1.2
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.9
Max 566 432.7

Carnival Corp
Glance View

Carnival Corporation, a formidable force on the high seas, orchestrates an elaborate maritime symphony, ferrying millions to destinations across the globe. Founded in 1972, this Miami-based leisure giant has navigated the often turbulent waters of the cruising industry to become one of the most recognized names in travel. With a diverse portfolio of brands including Carnival Cruise Line, Holland America Line, and Princess Cruises, the company offers a comprehensive range of experiences from budget-friendly getaways to opulent voyages, each tailored to a distinct traveler profile. At its core, Carnival leverages its expansive fleet—comprising over 90 vessels—to capitalize on economies of scale, driving operational efficiencies and enhancing shareholder value. Carnival's financial success is anchored to its adept ability to monetize experiences both on and off its ships. The company generates revenue primarily through ticket sales for cruises and carefully curates onboard offerings—dining, entertainment, and shopping—that facilitate substantial ancillary income. Shore excursions provide additional financial streams, inviting passengers to explore exotic locales while simultaneously partnering with local vendors, boosting both local economies and Carnival's bottom line. Additionally, collaboration with travel agents and a robust direct booking platform accentuates customer acquisition and retention, cementing Carnival's pivotal role not only as a transport provider but as a comprehensive orchestrator of holiday experiences.

CCL Intrinsic Value
34.6 USD
Undervaluation 23%
Intrinsic Value
Price $26.66
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