Valuation Carnival Corporation

Equities

Real-time Estimate Cboe BZX Other stock markets 16:15:21 11/02/2026 GMT			5-day change	1st Jan Change
32.85 ^USD	-1.50%		+2.70%	+7.91%

02-06	European Equities Traded in the US as American Depositary Receipts Rise Sharply in Friday Trading; Little Changed for the Week	MT
02-02	European Equities Traded in the US as American Depositary Receipts Rise in Monday Trading	MT

Data adjusted to current consolidation scope

Fiscal Period: November	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	19,649	12,293	18,785	32,663	33,595	46,097	-	-
Change	-	-37.44%	52.82%	73.88%	2.85%	37.21%	-	-
Enterprise Value (EV) ¹	43,936	42,810	46,942	58,927	58,307	68,323	65,284	62,083
Change	-	-2.56%	9.65%	25.53%	-1.05%	17.18%	-4.45%	-4.9%
P/E ratio	-2.08x	-1.92x	-251x	17.7x	12.8x	13.1x	11.8x	10.4x
PBR	1.65x	1.77x	2.77x	3.6x	2.75x	3.07x	2.56x	2.11x
PEG	-	0x	2.5x	-0x	0.3x	0.5x	1.1x	0.8x
Capitalization / Revenue	10.3x	1.01x	0.87x	1.31x	1.26x	1.65x	1.59x	1.53x
EV / Revenue	23x	3.52x	2.17x	2.36x	2.19x	2.45x	2.26x	2.06x
EV / EBITDA	-9.05x	-20.3x	11.1x	9.64x	8.12x	8.86x	8.01x	7.18x
EV / EBIT	-6.2x	-9.78x	24x	16.5x	13x	14.4x	13x	11.4x
EV / FCF	-5.69x	-6.48x	47.5x	45.4x	22.4x	15.9x	14.5x	11.9x
FCF Yield	-17.6%	-15.4%	2.11%	2.2%	4.47%	6.3%	6.91%	8.38%
Dividend per Share ²	-	-	-	-	-	0.6219	0.6992	0.7476
Rate of return	-	-	-	-	-	1.86%	2.1%	2.24%
EPS ²	-8.46	-5.16	-0.06	1.44	2.02	2.543	2.819	3.197
Distribution rate	-	-	-	-	-	24.5%	24.8%	23.4%
Net sales ¹	1,908	12,168	21,593	25,021	26,622	27,875	28,939	30,177
EBITDA ¹	-4,856	-2,104	4,231	6,110	7,182	7,711	8,149	8,644
EBIT ¹	-7,089	-4,379	1,956	3,574	4,483	4,752	5,035	5,432
Net income ¹	-9,501	-6,093	-74	1,916	2,760	3,527	3,924	4,356
Net Debt ¹	24,287	30,517	28,157	26,264	24,712	22,226	19,187	15,987
Reference price ²	17.62	9.93	15.06	25.43	25.78	33.35	33.35	33.35
Nbr of stocks (in thousands)	1,131,464	1,258,272	1,265,705	1,298,972	1,313,149	1,382,317	-	-
Announcement Date	20/12/21	21/12/22	21/12/23	20/12/24	19/12/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CARNIVAL CORPORATION	13.12x	2.45x	8.86x	1.86%	46.1B
ROYAL CARIBBEAN GROUP	22.23x	6.37x	16.46x	0.89%	93.92B
NORWEGIAN CRUISE LINE HOLDINGS LTD.	22.86x	2.48x	9.09x	-.--%	10.73B
LINDBLAD EXPEDITIONS HOLDINGS, INC.	-41.52x	2.04x	12.66x	-	1.13B
Average	4.17x	3.34x	11.77x	0.92%	37.97B
Weighted average by Cap.	19.04x	4.87x	13.61x	1.12%