Carnival Stock Current Valuation

CCL Stock  USD 16.34  0.85  4.94%   
Valuation analysis of Carnival helps investors to measure Carnival's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The value of Enterprise Value Multiple is estimated to slide to 11.92. Fundamental drivers impacting Carnival's valuation include:
Price Book
3.232
Enterprise Value
51.7 B
Enterprise Value Ebitda
11.8248
Price Sales
1.0302
Forward PE
16.0772
Fairly Valued
Today
16.34
Please note that Carnival's price fluctuation is not too volatile at this time. Calculation of the real value of Carnival is based on 3 months time horizon. Increasing Carnival's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Carnival is useful when determining the fair value of the Carnival stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Carnival. Since Carnival is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Carnival Stock. However, Carnival's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  16.34 Real  16.76 Target  16.69 Hype  17.01 Naive  16.81
The real value of Carnival Stock, also known as its intrinsic value, is the underlying worth of Carnival Company, which is reflected in its stock price. It is based on Carnival's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Carnival's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Carnival's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
16.76
Real Value
19.30
Upside
Estimating the potential upside or downside of Carnival helps investors to forecast how Carnival stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Carnival more accurately as focusing exclusively on Carnival's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
-0.22-0.18-0.15
Details
Hype
Prediction
LowEstimatedHigh
14.4717.0119.55
Details
Naive
Forecast
LowNext ValueHigh
14.2716.8119.36
Details
28 Analysts
Consensus
LowTarget PriceHigh
15.1916.6918.53
Details

Carnival Current Valuation Analysis

Carnival's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Carnival Current Valuation

    
  51.72 B  
Most of Carnival's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Carnival is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Carnival Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Carnival is extremely important. It helps to project a fair market value of Carnival Stock properly, considering its historical fundamentals such as Current Valuation. Since Carnival's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Carnival's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Carnival's interrelated accounts and indicators.
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Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Carnival has a Current Valuation of 51.72 B. This is 185.75% higher than that of the Hotels, Restaurants & Leisure sector and significantly higher than that of the Consumer Discretionary industry. The current valuation for all United States stocks is significantly lower than that of the firm.

Carnival Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carnival's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Carnival could also be used in its relative valuation, which is a method of valuing Carnival by comparing valuation metrics of similar companies.
Carnival is currently under evaluation in current valuation category among related companies.

Carnival ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Carnival's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Carnival's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Carnival Fundamentals

About Carnival Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Carnival's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carnival using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carnival based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Carnival Corporation plc operates as a leisure travel company. Carnival Corporation plc was founded in 1972 and is headquartered in Miami, Florida. Carnival Corp operates under Travel Services classification in the United States and is traded on New York Stock Exchange. It employs 40000 people.

Pair Trading with Carnival

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carnival position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carnival will appreciate offsetting losses from the drop in the long position's value.

Moving against Carnival Stock

  0.56DKNG DraftKings Financial Report 2nd of May 2024 PairCorr
  0.54WING Wingstop Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to Carnival could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnival when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carnival - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carnival to buy it.
The correlation of Carnival is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carnival moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnival moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carnival can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Carnival is a strong investment it is important to analyze Carnival's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carnival's future performance. For an informed investment choice regarding Carnival Stock, refer to the following important reports:
Check out Carnival Piotroski F Score and Carnival Altman Z Score analysis.
For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.
Note that the Carnival information on this page should be used as a complementary analysis to other Carnival's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Carnival Stock analysis

When running Carnival's price analysis, check to measure Carnival's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carnival is operating at the current time. Most of Carnival's value examination focuses on studying past and present price action to predict the probability of Carnival's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnival's price. Additionally, you may evaluate how the addition of Carnival to your portfolios can decrease your overall portfolio volatility.
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Is Carnival's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carnival. If investors know Carnival will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
(0.06)
Revenue Per Share
17.11
Quarterly Revenue Growth
0.406
Return On Assets
0.0241
The market value of Carnival is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival's value that differs from its market value or its book value, called intrinsic value, which is Carnival's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carnival's market value can be influenced by many factors that don't directly affect Carnival's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.