Last Price Day Change Open Price Day Range 52-Week Range Proj. Yield Market Cap Volume Avg Vol. Forward P/E P/B P/S P/CF

Transcription

1 Page 1 of 8 Morningstar Analyst Rating. Last Price Day Change Open Price Day Range 52-Week Range Proj. Yield Market Cap Volume Avg Vol. Forward P/E P/B P/S P/CF $ ] % $ bil 2.5 mil 3.3 mil Stock Price XNYS:CCL: % 2017 Morningstar s Take Carnival is the largest company in the cruise industry, operating 10 global brands with more than 100 ships in service and passenger capacity of more than 200,000, allowing it to reach... Key Stats Stock Ind Avg Price/Earnings TTM Price/Book Price/Sales TTM Rev Growth (3 Yr Avg) Net Income Growth (3 Yr Avg) Operating Margin % TTM Net Margin % TTM ROA TTM ROE TTM Debt/Equity Financials Fair Value Estimate $ Consider Buying $ Consider Selling $ Fair Value Uncertainty High Economic Moat Narrow Stewardship Exemplary Growth C Profitability X Morningstar Credit Rating Relative to Industry - Avg + Annual Quarterly Income Statement Revenue 16,389 15,714 15,884 5,515 5,097 Operating Income 3,071 2,574 1,792 1,393 1,562 Net Income 2,779 1,757 1,236 1,329 1,424 Earnings Per Share Shares Outstanding Balance Sheet Current Assets 1,689 2,451 1,503 1,661 1,554 Non Current Assets 37,247 36,786 38,029 38,982 37,778 Total Assets 38,936 39,237 39,532 40,643 39,332 Current Liabilities 7,072 6,956 6,921 7,969 7,100 Total Liabilities 16,339 15,466 15,244 16,471 16,432 Stockholders' Equity 22,597 23,771 24,288 24,172 22,900 Dividends Declared Date 23/10/2017 Ex-Dividend Date 22/11/2017 Latest Indicated Dividend Amount 0.45 Projected Yield 2.71 % Recent Dividends & Type Amount Splits 11/22/2017 Cash Dividends /23/2017 Cash Dividends /24/2017 Cash Dividends /22/2017 Cash Dividends Competitors Name Price % Chg TTM Sales $ mil Carnival Corp $ ] 17,186 Carnival PLC ADR $ ] 17,186 Carnival PLC $ ] 17,186 The Priceline Group Inc $1, [ 12,226 Oriental Land Co Ltd $ ] 4,348 Oriental Land Co Ltd ADR $ ] 4,348 Recommendations Current 4.0 Total Analysts: Buy Hold Sell Ownership Fund Owners Star Rating % Shares Held % Total Assets CI Black Creek Global QQQQQ Leaders Class A RBC US Dividend GIF QQQQ Series 1 RBC North American QQQQ Value Sr D London Us Value Equity(S178) Trimark Global Balanced T8 QQQ Insiders % Change TTM % Shares Outstanding Alan B. Buckelew 33, Stein Kruse 50, Arnold W. Donald -402, David Bernstein 53, Randall J. Weisenburger 3, Cash Flow Cash From Operations 5,134 4,545 3,430 1,449 1,429 Capital Expenditures -3,062-2,294-2,

2 Morningstar Analyst Rating. Page 2 of 8 Last Price Day Change Open Price Day Range 52-Week Range Proj. Yield Market Cap Volume Avg Vol. Forward P/E P/B P/S P/CF $ ] % $ bil 2.5 mil 3.3 mil Financials Annual Quarterly Free Cash Flow 2,072 2, , In millions except "EPS". Currency in USD.

3 Page 3 of 8 Industry Classification NAICS Scenic and Sightseeing Transportation, Land (487110) SIC Other Recreation and Vacation Camps (9149);Water Transportation of Passengers, Not Elsewhere Classified (4489) ISIC Other Amusement and Recreation Activities N.E.C. (9329) Operation Details Fiscal Year Ends CIK Year Established Employees (30/11/2016) Full Time 10,500 Part Time 2,100 Auditor (30/11/2016) PricewaterhouseCoopers LLP Legal Advisor (13/04/2011) TAPIA, LINARES Y ALFARO Key Executives Alan B. Buckelew/Chief Operations Officer; Stein Kruse/Chief Executive Officer of Holland America Group; Arnold W. Donald/Director; Chief Executive Officer and President, Company and Carnival plc; David Bernstein/Chief Financial Officer; Arnaldo Perez/General Counsel and Secretary; Larry Freedman/Chief Accounting Officer and Controller; Josh Leibowitz/Chief Strategy Officer; Michael Thamm/Chief Executive Officer of Costa Crociere, S.p.A.; David Michael Noyes/Chief Executive Officer of Carnival UK Company Profile Carnival Corp is leisure travel company providing vacations to major cruise destinations across the world. It operates over 100 cruise ships brands including Carnival Cruise Lines, Holland America, Princess Cruise, Seabourn and fathom, and Cunard Line. 30-day Avg Volume Market Cap Net Income Sales Sector Industry Stock Style Direct Investment Dividend Reinvestment 2.7Mil 47.4Bil 2.7Bil 17.2Bil Consumer Cyclical Leisure 4 Large Core No Yes

4 Page 4 of 8 Morningstar Rating Market Cap $Mil Net Income $Mil P/S P/B P/E Dividend Yield% 5 Yr Rev CAGR% Med Oper. Margin% Interest Coverage Carnival Corp QQQ 47,443 2, The Priceline Group Inc (USD) QQQQ 85,445 3, Carnival PLC (USD) QQQ 49,852 2, Carnival PLC (USD) 49,852 2, Oriental Land Co Ltd (USD,JPY) 28,304 86, Oriental Land Co Ltd (USD,JPY) 28,304 86, Royal Caribbean Cruises Ltd (USD) QQQ 26,932 1, Ctrip.com International Ltd (USD,CNY) QQQQ 23,953 2, Expedia Inc (USD) QQQQ 19, Norwegian Cruise Line Holdings Ltd (USD) QQQQ 12, Shimano Inc (USD,JPY) 12,465 42, Shimano Inc (USD,JPY) 12,465 42, ANTA Sports Products Ltd (USD,CNY) 12,405 2, ANTA Sports Products Ltd (USD,CNY) 12,405 2, Hasbro Inc (USD) QQQ 11, TUI AG (USD,EUR) 10,522 1, TUI AG (USD,EUR) 10,522 1, Nikon Corp (USD,JPY) 8,014-4, Nikon Corp (USD,JPY) 8,014-4, BANDAI NAMCO Holdings Inc (USD,JPY) 7,379 42, ,691.6 Yamaha Corp (USD,JPY) 6,532 39, Yamaha Corp (USD,JPY) 6,532 39, Mattel Inc (USD) QQQQ 6, Six Flags Entertainment Corp (USD) 5, The Madison Square Garden Co (USD) 5, Pool Corp (USD) 4, TripAdvisor Inc (USD) QQQQ 4, Brunswick Corp (USD) 4, Spin Master Corp (USD) 4, Cedar Fair LP (USD) 3, Flight Centre Travel Group Ltd (USD,AUD) 3, Manchester United PLC (USD,GBP) 3, ILG Inc (USD) 3, Planet Fitness Inc (USD) 3, Amer Sports Oyj (USD,EUR) 2, Amer Sports Oyj (USD,EUR) 2, Universal Entertainment Corp (USD,JPY) 2,781-3, ASICS Corp (USD,JPY) 2,731 12, ASICS Corp (USD,JPY) 2,731 12, MakeMyTrip Ltd (USD) 2, Thomas Cook Group PLC (USD,GBP) 2, Thomas Cook Group PLC (USD,GBP) 2, Thule Group AB (USD,SEK) 2, Jumbo SA (USD,EUR) 2, Genting Hong Kong Ltd (USD) 2, Beneteau SA (USD,EUR) 1, China Travel International Investment Hong Kong Ltd 1, (USD,HKD) International Speedway Corp (USD) QQQ 1, International Speedway Corp (USD) 1, Despegar.com Corp (USD) 1, D/E

5 Page 5 of 8 Li Ning Co Ltd (USD,CNY) 1, Li Ning Co Ltd (USD,CNY) 1, Travelport Worldwide Ltd (USD) QQQQ 1, Corporate Travel Management Ltd (USD,AUD) 1, Fenix Outdoor International Ltd (USD,EUR) 1, Round One Corp (USD,JPY) 1,461 4, Acushnet Holdings Corp (USD) 1, Callaway Golf Co (USD) 1, Miramar Hotel & Investment Co Ltd (USD,HKD) 1,316 1, DYNAM JAPAN HOLDINGS Co Ltd (USD,JPY) 1,208 9, Tuniu Corp (USD,CNY) 1,164-1, Liberty Braves Group (USD) 1, Liberty Braves Group (USD) 1, Liberty Braves Group (USD) 1, SeaWorld Entertainment Inc (USD) 1, Descente Ltd (USD,JPY) 992 5, Games Workshop Group PLC (USD,GBP) ,601.8 Juventus Football Club SpA (USD,EUR) Goodbaby International Holdings Ltd (USD,HKD) Vista Outdoor Inc (USD) Speedway Motorsports Inc (USD) Johnson Outdoors Inc (USD) Degrees International Ltd (USD,CNY) Accell Group NV (USD,EUR) Cox and Kings Ltd (USD,INR) 707 1, On The Beach Group PLC (USD,GBP) Borussia Dortmund GmbH & Co KGaA (USD,EUR) Ardent Leisure Group (USD,AUD) Ho Wah Genting Group Ltd (USD) , DO & Co AG (USD,EUR) Corporacion Interamericana de Entretenimiento SAB de CV (USD,MXN) EDreams ODIGEO SA (USD,EUR) Lindblad Expeditions Holdings Inc (USD) Funko Inc (USD) Nautilus Inc (USD) Love International Group Inc (USD) A.S. Roma SpA (USD,EUR) Playmates Holdings Ltd (USD,HKD) TWC Enterprises Ltd (USD,CAD) Yatra Online Inc (USD,INR) 236-9, Clarus Corp (USD) Williams Grand Prix Holdings PLC (USD,GBP) AFC Ajax NV (USD,EUR) , Sportsman's Warehouse Holdings Inc (USD) Escalade Inc (USD) Playmates Toys Ltd (USD,HKD) Town Sports International Holdings Inc (USD) Celtic PLC (USD,GBP) Sun Corp (USD,JPY) Character Group (The) PLC (USD,GBP) Dover Motorsports Inc (USD) Bowl America Inc (USD) Ballantyne Strong Inc (USD)

6 Page 6 of 8 Peak Resorts Inc (USD) Jakks Pacific Inc (USD) Galaxy Gaming Inc (USD) Grand Banks Yachts Ltd (USD,SGD) Tropic International Inc (USD,CAD) , TLA Worldwide PLC (USD) Vitaxel Group Ltd (USD) Asiatravel.com Holdings Ltd (USD,SGD) Transat A.T. Inc (USD,CAD) Alliance MMA Inc (USD) Online Vacation Center Holdings Corp (USD) Parks! America Inc (USD) Old PSG Wind-down Ltd (USD) San Lotus Holding Inc (USD) Sinorama Corp (USD) Cuba Ventures Corp (USD,CAD) Tix Corp (USD) Brownie's Marine Group Inc (USD) Major League Football Inc (USD) , Hit Technologies Inc (USD,CAD) SPY Inc (USD) Empire Global Gaming Inc (USD) 1 0 6, , XFit Brands Inc (USD) Global Boatworks Holdings Inc (USD) , Scores Holding Co Inc (USD) W&E Source Corp (USD) 0 0 1, ,111.9 Life Clips Inc (USD) , Tonner-One World Holdings Inc (USD) , Experience Art and Design Inc (USD) Kin Group PLC (USD,GBP) Bergbahnen Engelberg-Truebsee-Titlis AG (USD,CHF) Shenzhen China Bicycle Co Holding Ltd (USD,CNY) lastminute.com NV (USD,EUR) Iplayco Corp Ltd (USD,CAD) Fenerbahce Futbol Anonim Sirketi (USD,TRY) Degrees International Ltd (USD,CNY) Swiftsure International Inc (USD) Rangers International Football Club PLC (USD,GBP) Vitamin Blue Inc (USD) Hokkaido Chuo Bus Co Ltd Fields Corp (USD,JPY) -10, Bowlmor AMF China Healthwise Holdings Ltd (USD,HKD) BANDAI NAMCO Holdings Inc (USD,JPY) 42, ,691.6 Alpha Investment Inc (USD) EDreams ODIGEO SA (USD,EUR) Outdoor Specialty Products Inc Winshine Science Co Ltd (USD,HKD) trivago NV (USD,EUR) RC-1 Inc (USD) 0-13, Besiktas Futbol Yatirimlari Sanayi Ve Ticaret AS (USD,TRY) Honma Golf Ltd (USD,JPY) 4,

7 Page 7 of 8 DD's Deluxe Rod Holder Inc (USD) TripBorn Inc 1.6 Roland Corp (USD,JPY) 1, Peak Sport Products Co Ltd (USD,CNY) Fields Corp (USD,JPY) -10, Jumbo SA (USD,EUR) Williams Grand Prix Holdings PLC (USD,GBP) Bally Total Fitness Holding Corp (USD) Ultimate Sports Inc Bowl America Inc (USD) Accordia Golf Co Ltd (USD,JPY) 4, World Series of Golf Inc (USD) Safer Shot Inc (USD) Octavian Global Technologies Inc (USD) Four Corners Inc (USD) Wavex International Inc American Basketball Association Inc Stinger Systems Inc (USD) -2-1, Exercise For Life Systems Inc (USD) Trigano SA (USD,EUR) Photo-Me International PLC (USD,GBP) Giant Manufacturing Co Ltd (USD,TWD) 2, AVP Inc (USD) ,389.6 Ohio Art Co (USD) Kenilworth Systems Corp (USD) -2 Global Entertainment Corp (USD) Great Lakes Recreation Co Malibu Entertainment Worldwide (USD) SportsQuest Inc (USD) Football Equities Inc (USD) Natural Golf Corp (USD) Renaissance Golf Products Inc Silk Road Entertainment Inc Tradestar Resources Corp Big Tree Group Inc (USD) Premier Exhibitions Inc (USD) Absolute Health and Fitness Inc Bentley Sports Inc No Borders Inc (USD) QRS Music Technologies Inc (USD) Twin Vee Powercats Inc (USD) Small World Kids Inc Boyds Collection Ltd (USD) Dermisonics Inc (USD) -22 American Racing Capital Inc (USD) B2Digital Inc (USD) Bollinger Industries Inc (USD) Cloverleaf Kennel Club James Monroe Capital Corp DAC Technologies Group International Inc (USD) Millennium Prime Inc (USD) Embarr Downs Inc (USD) , Kinbasha Gaming International Inc

8 Page 8 of 8 Headstrong Group Inc Madison Sports & Entertainment Group McHenry Metals Golf Corp (USD) Newron Sport Pure Play Music Ltd (USD) Miracle Entertainment Inc Broadside Enterprises Inc Network Holdings International Inc Industry Average 4,654 2,