Mulya.ai
Ticker
CCL
Scenario
Key Inputs
Revenue est.?Analysttaper yr4
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?12.3%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.939
Beta (levered) ?2.762
Terminal OM% ?16.5%
Segment conc. ?65% dominant
Terminal growth ?4.1%
Bond rating ?A- · 1.45%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

CCL · Carnival Corporation & plc

$29.072026-07-21
Sector: Consumer Cyclical; Industry: Leisure; Sub-Industry: Hotels, Resorts & Cruise Lines

Intrinsic Value Range Comparison · Mulya.ai

Bull
$0
-170.1% vs market
Base · active
$0
-193.9% vs market
Bear
$0
-192.4% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $-27
Base $-27
Bull $-20
Market $29
Median $36
Market Price $29
Mulya.ai Base $-27
Analysts Median $36
Mulya.ai IV range ($-27 · $-20)
Analysts Range ($33 · $39)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q2$21.6B9.1%0.7%$1.9B$260MM$2.2B13.2%5.6%$34.6B$-0.05
2025.Q1$25.0B15.9%14.3%0.3%$3.6B−$777MM$2.8B13.5%10.2%$35.5B$1.38
2025.Q2$25.0B0.0%14.3%0.7%$3.5B−$335MM$3.2B13.3%10.0%$35.3B$1.38
2026.Q1$26.6B6.4%16.8%0.7%$4.5B−$743MM$3.7B13.0%12.3%$37.1B$1.99
2026.Q2$27.3B2.6%16.3%0.0%$4.5B−$1.9B$2.6B13.2%12.3%$35.8B$2.219.0
italics below = DCF projection · 10yr Rev CAGR: 3.9%
2027.Q2$28.2B+3.1%-19.5%2.0%−$5.4B−$720MM−$6.1B11.9%−$5.4B-14.9%$36.5B$-3.87
2028.Q2$29.3B+3.9%-22.3%4.0%−$6.3B−$1.1B−$7.3B11.6%−$5.9B-16.9%$37.6B$-4.51
2029.Q2$30.4B+4.0%-24.6%6.0%−$7.0B−$1.3B−$8.3B11.3%−$6.0B-18.4%$38.9B$-5.06
2030.Q2$31.7B+4.0%-26.3%8.0%−$7.7B−$2.0B−$9.6B10.9%−$6.2B-19.3%$40.8B$-5.53
2031.Q2$32.9B+4.0%-26.3%10.0%−$7.8B−$2.1B−$9.9B10.6%−$5.8B-18.7%$42.9B$-5.63
Term. Yr+$41.9B4.1%16.5%20.0%$5.5B−$2.6B$2.9B8.6%$23.9B8.6%
Active scenario IV: $0 (-193.9% vs market)