Valuation models
price $28.83 · as of Nov 2, 2026
P/E · peersused30.97 – 46.5435.1118% undervaluedP/E · own history28.25 – 38.7432.2811% undervaluedPEG—28.641% overvaluedEV/EBITDA · peers30.39 – 62.2741.9531% undervaluedEV/Revenue · peers25.16 – 90.0452.9446% undervaluedWall St. consensus target—32.2511% belowCost of capital (WACC)—9.46%—
P/E · peers leads because DCF · Perpetuity growth · 5y could not run on the filed statements. How the headline model is chosen.
Model value · P/E · peers
35.11
Carnival closed at $28.83 — undervalued by 18% vs model.
30.97the model's range46.54
P/E · peers leads because DCF · Perpetuity growth · 5y could not run on the filed statements. From its peers' median P/E.
Other models
28.64 – 52.94
Wall St. target
32.25 11% below
Below model, 1y
30 of 30 days
How it is valued
Valued asCyclical
Moderate growth (~11% recent)Moderate margins (10% net margin)Highly cyclical earningsHigh leverage (D/E 2.3x)Strong FCF yield (6.7%)
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.