CCL
Carnival Corp
Price:  
23.96 
USD
Volume:  
26,594,760.00
United States | Hotels, Restaurants & Leisure
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Carnival Intrinsic Value

15.50 %
Upside

What is the intrinsic value of Carnival?

As of 2026-03-31, the Intrinsic Value of Carnival Corp (CCL) is 27.68 USD. This Carnival valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 23.96 USD, the upside of Carnival Corp is 15.50%.

The range of the Intrinsic Value is 10.00 - 88.13 USD

Is Carnival undervalued or overvalued?

Based on its market price of 23.96 USD and our intrinsic valuation, Carnival Corp (CCL) is undervalued by 15.50%.

23.96 USD
Stock Price
27.68 USD
Intrinsic Value
Intrinsic Value Details

Carnival Intrinsic Value - Valuation Summary

Range Selected Upside
a
DCF (Growth 5y) 10.00 - 88.13 27.68 15.5%
DCF (Growth 10y) 62.26 - 263.83 108.04 350.9%
DCF (EBITDA 5y) 80.10 - 130.78 95.97 300.6%
DCF (EBITDA 10y) 107.75 - 183.37 132.95 454.9%
Fair Value 49.81 - 49.81 49.81 107.91%
P/E 34.73 - 47.58 38.29 59.8%
EV/EBITDA 26.15 - 69.35 39.03 62.9%
EPV 46.64 - 67.74 57.19 138.7%
DDM - Stable 16.21 - 55.97 36.09 50.6%
DDM - Multi 37.89 - 106.06 56.36 135.2%

Carnival Intrinsic Value - Key Valuation Metrics

Market Cap (mil) 33,187.95
Beta 1.74
Outstanding shares (mil) 1,385.14
Enterprise Value (mil) 57,899.95
Market risk premium 4.60%
Cost of Equity 9.91%
Cost of Debt 5.25%
WACC 7.84%