Fair Value Calculator Fair Value Calculator
EN DE

Carnival Corporation (C1CL34) Fair Value & Analysis

Consumer Cyclical · BR · Market cap R$185B

CC Carnival Corporation C1CL34 · SA
PriceR$132.99
Fair ValueR$35.50
Upside-73.3%
Quality45/100
Watch Carnival Corporation for free, get notified when fair value or trend changes. Watch for free
Evidence: High Range R$13.70 – R$58.00 📤 Share as image

Fair value as of: Jul 15, 2026

From 24 valuation models · updated 7 days ago

Fair value updated Jul 15, 2026, revised from R$39.66 to R$35.50 (−10.5%) since Jun 24, 2026. Share price −17.5% over the past month.

Price vs Fair Value (12 months)

R$185.93 R$119.92 Fair Value R$35.50 Jul 2025 Jul 2026

12‑month range R$119.92 – R$185.93 · fair‑value band R$13.70 – R$58.00 · the R$132.99 price screens above the R$35.50 fair value. As of Jul 15, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Carnival Corporation (C1CL34) currently trades at R$132.99, while our model-based Fair Value estimate is R$35.50, implying the stock looks roughly 73.3% overvalued today. We read business quality at 45/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Carnival Corporation generated revenue of R$27.0B at a net margin of 11.5%. Revenue grew 6.1% year over year. It earns a return on equity of 27.9%. Net debt stands at R$24.7B. Fundamentals as of Jul 15, 2026

Our scenario range runs from R$13.70 (bear case) to R$58.00 (bull case); at R$132.99, the current price sits above that range. The share trades about 30% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -61% fair-value upside, at -73%, C1CL34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$27.3B
Revenue growth (YoY) +5.3%
Net margin 11.2%
Return on equity 26.7%
Free cash flow R$2.6B FY2025
P/E ratio 11.8
More key figures
Operating margin 12.8%
EPS (TTM) R$11.51
Dividend yield 0.2%
EPS growth (YoY) -6.5%
Net debt R$24.7B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 15, 2026. TTM = trailing twelve months.

About the company

Carnival Corporation Ltd., a cruise company, provides leisure travel services in North America, Australia, Europe, and internationally. The company operates through four segments: North America Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations and islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. The company offers its services under the AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn brands. It sells its cruises through travel agents, tour operators, vacation planners, websites, and onboard future cruise consultants. Carnival Corporation Ltd. was founded in 1972 and is headquartered in Miami, Florida.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Carnival Corporation reported revenue of R$26.6B in FY2025 versus R$1.9B in FY2021, a compound +93.3%/yr. Reported net income was R$2.8B in FY2025.

Revenue +93.3%/yr
FY21 R$1.9B
FY22 R$12.2B
FY23 R$21.6B
FY24 R$25.0B
FY25 R$26.6B
Net income
FY21 −R$9.5B
FY22 −R$6.1B
FY23 −R$75.0M
FY24 R$1.9B
FY25 R$2.8B

Is C1CL34 fairly valued? → Check now

📤 Share or link this analysis
🔗 Embed on your site (free fair-value badge)

Paste this into your site or blog, it shows the current fair value and links back here (free, and welcome):

Cite: Fair Value Calculator (2026). "Carnival Corporation Fair Value". https://www.fairvalue-calculator.com/stock/C1CL34

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection, not financial advice.

Similar stocks

10 more Travel Services stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Booking Holdings BKNG34 R$4.83 R$0.9300 -81%
Airbnb, Inc ABNB $148.93 $57.47 -61%
Royal Caribbean Cruises Ltd RCL $268.73 $140.14 -48%
Viking Holdings VIK $103.05 $61.24 -41%
Expedia Group EXGR34 R$610.70 R$124.32 -80%
Trip.com Group TCOM $45.50 $88.51 +95%
Norwegian Cruise Line Holdings N1CL34 R$107.20 R$19.25 -82%
Tongcheng Travel Holdings TNGCF $2.80 $3.26 +16%
Global Business Travel Group GBTG $9.34 $2.61 -72%
Travel + Leisure Co TNL $74.70 $20.79 -72%

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is Carnival Corporation (C1CL34) undervalued?
As of Jul 15, 2026, our model estimates a fair value of R$35.50 versus a price of R$132.99, about −73% (overvalued). Model-based estimate, not financial advice.
What is the fair value of C1CL34?
Our model-based fair value for Carnival Corporation is R$35.50 (as of Jul 15, 2026), built from audited fundamentals. The current price is R$132.99.
What is the quality score of C1CL34?
Carnival Corporation has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Carnival Corporation (C1CL34)?
Carnival Corporation reported trailing-twelve-month revenue of about R$27.0B (latest available figure, as of Jul 15, 2026).
What is the net profit margin of C1CL34?
The net profit margin of Carnival Corporation is about 11.5%, meaning it keeps roughly 11.5% of revenue as net income. Based on the latest reported figures.
Does Carnival Corporation pay a dividend?
Carnival Corporation currently shows a dividend yield of about 0.11% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Unlock the full Carnival Corporation analysis, and try Pro free

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.