Fairvalue-Calculator Fairvalue-Calculator
EN DE

Carnival Corporation (CCL) Fair Value & Analysis

Consumer Cyclical · GB · Market cap 26.4B GBX

CC Carnival Corporation CCL · LSE
Price£19.04
Fair Value£30.99
Upside+62.8%
Quality95/100
Evidence: High Range £13.54 – £60.06

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from £29.80 to £30.99 (+4.0%) since Jun 23, 2026. Share price −1.7% over the past month.

Price vs Fair Value (12 months)

£24.27 £13.74 Fair Value £30.99 May 2025 May 2026

12‑month range £13.74 – £24.27 · fair‑value band £13.54 – £60.06 · the £19.04 price screens below the £30.99 fair value. As of Jun 24, 2026.

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

Analysis

Carnival Corporation (CCL) currently trades at £19.04, while our model-based Fair Value estimate is £30.99 — implying the stock looks roughly 62.8% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Carnival Corporation generated revenue of £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 £26.0B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 27.0B GBX
Revenue growth (YoY) +6.1%
Net margin 11.5%
Return on equity 27.9%
Free cash flow 2.6B GBX FY2025
P/E ratio 11.3
More key figures
Operating margin 9.8%
EPS (TTM) £1.68
Dividend yield 0.8%
EPS growth (YoY) +35.8%
Net debt 26.0B GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Carnival Corporation & plc, 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 & plc was founded in 1972 and is headquartered in Miami, Florida.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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

Revenue +93.3%/yr
FY21 £1.9B
FY22 £12.2B
FY23 £21.6B
FY24 £25.0B
FY25 £26.6B
Net income
FY21 −£9.5B
FY22 −£6.1B
FY23 −£74.0M
FY24 £1.9B
FY25 £2.8B

Open the full interactive analysis →

Similar stocks

6 more Travel Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Booking Holdings BKNG C$28.09 C$24.28 -14%
Airbnb, Inc ABNB C$23.33 C$18.33 -21%
Royal Caribbean Cruises Ltd RCL $280.00 $128.75 -54%
Viking Holdings VIK $103.05 $61.24 -41%
Trip.com Group 9961 HK$369.40 HK$781.93 +112%
Expedia Group EXGR34 R$589.26 R$584.63 -1%

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 (CCL) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £30.99 versus a price of £19.04 — about +63% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CCL?
Our 21-model fair value for Carnival Corporation is £30.99 (as of Jun 24, 2026), built from audited fundamentals. The current price is £19.04.
What is the quality score of CCL?
Carnival Corporation has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Carnival Corporation (CCL)?
Carnival Corporation reported trailing-twelve-month revenue of about £27.0B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CCL?
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 0.76% relative to its recent price (as of Jun 24, 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.

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