Discounted Cash Flow
Carnival Corp. Ltd.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $16.4b | $2.8b | $2.1b | 17.0% | $3.73 |
| 2017 | $17.5b (6.8%) | $2.6b (-6.2%) | $2.4b (14.8%) | 14.9% (-12.2%) | $3.61 (-3.2%) |
| 2018 | $18.9b (7.8%) | $3.2b (21.0%) | $1.8b (-24.3%) | 16.7% (12.2%) | $4.45 (23.3%) |
| 2019 | $20.8b (10.3%) | $3.0b (-5.1%) | $46.0m (-97.4%) | 14.4% (-14.0%) | $4.34 (-2.5%) |
| 2020 | $5.6b (-73.1%) | $-10.2b (-442.3%) | $-9.9b (-21667.4%) | -182.9% (-1374.2%) | $-13.20 (-404.1%) |
| 2021 | $1.9b (-65.9%) | $-9.5b (7.2%) | $-7.7b (22.2%) | -498.0% (-172.2%) | $-8.46 (35.9%) |
| 2022 | $12.2b (537.7%) | $-6.1b (35.9%) | $-6.6b (14.3%) | -50.1% (89.9%) | $-5.16 (39.0%) |
| 2023 | $21.6b (77.5%) | $-74.0m (98.8%) | $997.0m (115.1%) | -0.3% (99.3%) | $-0.06 (98.8%) |
| 2024 | $25.0b (15.9%) | $1.9b (2689.2%) | $1.3b (30.1%) | 7.7% (2334.5%) | $1.50 (2600.0%) |
| 2025 | $26.6b (6.4%) | $2.8b (44.1%) | $2.6b (101.0%) | 10.4% (35.4%) | $2.10 (40.0%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.