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Royal Caribbean Cruises Ltd (RCL)

適正価値
Consumer CyclicalTravel ServicesUnited States

ファンダメンタル

67

株価

$269.99

時価総額

$64.88B

パート1 · 企業の価値

概要

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of December 31, 2025, it operated 69 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

貸借対照表と流動性

売上高

$18.68B

直近12か月(2026/6/30まで)

純利益

$4.40B

直近12か月(2026/6/30まで)

フリーキャッシュフロー

$1.24B

自己資本合計

$10.04B

負債合計

$31.37B

流動比率

0.21

利払い倍率

4.96

負債/EBITDA

3.55

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

負債の重さ

成長率グリッド

成長率 — 売上高

適正価値の推定

一般的なケース適正価値

適正価値

$229.95

現在株価

$269.99

安全マージン

-17.4%

適正価値レンジ

$149.47 - $310.43

使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。

推定方法

アナリストの目標株価:$348.28
ディスカウンテッド・キャッシュフロー(DCF):$91.58
利益倍率(P/E):$194.04
グレアムの成長公式:$263.57
収益力価値(EPV):$98.57
正当化されたP/B:$132.37
配当割引モデル(ゴードン):$28.48
P/FFO(運用から生まれる資金):$358.11
中間サイクル利益:$114.73
売上高倍率:$119.74
アナリスト・コンセンサス:買い (25B / 11H / 0S)
直近の決算サプライズ:+4.62%

バリュエーション指標

P/E レシオ

16.69

ROE

42.5%

P/B レシオ

7.05

P/FCF

52.49

粗利益率

49.1%

ROIC

12.2%

収益性レーダー

価値創造(経済的モート)

ROIC

12.2%

WACC

12.0%

ROIC − WACC

+0.2 pp

ROICはおおむね資本コストと同水準です。企業はかろうじて資本コストを賄えている状態です。

ファンダメンタル分析基準

合格(18)

  • EPS shows upward trend
  • EPS CAGR 10.92%
  • Price CAGR 12.23%
  • ROIC 12.2%
  • Gross Margin 49.1%
  • Debt/Equity ratio
  • Operating Margin 27.3%
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 43.8%
  • Revenue Growth 5Y 52.0%
  • Analyst Consensus 69% Buy
  • Earnings Surprise avg 4.0%
  • Earnings Quality (OCF/NI) 1.54
  • Net Margin Trend 23.5% vs 21.0%
  • Piotroski F-Score 7/9

不合格(7)

  • P/FCF 52.49
  • P/B Ratio 7.05
  • Positive Free Cash Flow
  • Current Ratio
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Share Dilution 4.0%

データなし(3)

  • Dividend Payout NaN%
  • CapEx intensity
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-スコア

7/9

財務健全性が高い

score
criteria

利益の質

1.54

高品質:利益はキャッシュに裏付けられている

株式希薄化

4.0%

新株を発行しており、所有権を希薄化している

機関投資家の保有

この企業について機関投資家の報告はありません。

ガバナンス

経営陣

氏名役職年齢
Mr. Jason T. LibertyCEO & Chairman-
Mr. Naftali HoltzExecutive VP & CFO47
Mr. Harri U. KulovaaraExecutive Vice President of Newbuilding72
Mr. Michael W. BayleyPresident & CEO of Royal Caribbean66
Ms. Laura J. Hodges BethgePresident of Celebrity Cruises50
Mr. Henry L. PujolSenior VP & Chief Accounting Officer57
Ms. Martha Cecilia PoulterSenior VP & Chief Information Officer58
Ms. Dana RitzcovanExecutive Vice President and Chief People & Administrative Officer-
Mr. Blake VanierVice President of Investor Relations-
Mr. Robert Alexander Lake Jr.Senior VP, Chief Legal Officer & Secretary53

監査リスク

6

取締役会リスク

7

報酬リスク

7

株主権利リスク

9

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

書類

  • 年次報告書(10-K)

    事業内容、財務実績、リスクをまとめた年次の概要。

    提出日: 2026-02-11

    書類を見る
  • 四半期報告書(10-Q)

    直近3か月間の業績に関する最新情報。

    提出日: 2026-07-28

    書類を見る
  • 臨時報告書(8-K)

    経営陣の交代や重要な発表など、大きな出来事に関するお知らせ。

    提出日: 2026-09-23

    書類を見る

via SEC EDGAR

業績推移

via SEC EDGAR

Latest News

Recent headlines for RCL, sourced from Markets Gazette.

  • 9d agoNEUTRAL
    Royal Caribbean Teams with Sandals, Morgan Stanley Addresses Deals Leak

    Royal Caribbean Cruises Ltd. is mentioned in a news segment discussing corporate transactions, alongside a partnership with Sandals and a deal leak addressed by Morgan Stanley. The program features insights from M&A experts at JPMorgan and Weil, Gotshal & Manges. While the specific details of the Royal Caribbean partnership or the Morgan Stanley deal leak are not elaborated upon, the context suggests a focus on significant corporate activity. Investors should monitor for further disclosures regarding these transactions, as they could impact the company's strategic positioning and financial performance.

  • 9d agoPOSITIVE
    Royal Caribbean Buys Stake in Sandals Resorts

    Royal Caribbean Cruises has announced a strategic move to acquire a 50% stake in Sandals Resorts International for approximately $3 billion. This significant investment positions Royal Caribbean to expand its footprint within the all-inclusive resort sector, potentially enhancing its integrated travel offerings. The deal is expected to leverage synergies between the cruise line's extensive customer base and Sandals' established resort brand, aiming to create a more comprehensive vacation experience. Investors will be watching for the integration progress and its impact on future earnings and market share.

  • 7/28/2026POSITIVE
    Royal Caribbean Upbeat on European Sailings Amid Iran War

    Royal Caribbean Cruises Ltd. reported robust demand for its European itineraries, signaling resilience despite geopolitical tensions in the Middle East. The company indicated that ongoing conflicts have not significantly impacted bookings for its lucrative Mediterranean sailings. This positive outlook suggests that consumer confidence for leisure travel remains strong, particularly for established cruise lines. Investors may view this as a sign of the company's ability to navigate external risks and maintain its revenue streams, potentially leading to upward price adjustments for the stock.

  • 7/28/2026NEGATIVE
    Royal Caribbean (RCL) Lowers Yield Forecast as Middle East Turmoil Hits Bookings

    Royal Caribbean Cruises Ltd. has revised its yield forecast downwards, citing a "modest" impact on bookings stemming from ongoing geopolitical turmoil. This adjustment signals potential headwinds for the cruise line operator as international instability affects consumer travel decisions. Investors will be monitoring future booking trends and management's strategies to mitigate these external pressures. The company's ability to navigate these challenges will be crucial for its near-term financial performance and stock valuation.

  • 6/18/2026POSITIVE
    Here's How Much $1000 Invested In Royal Caribbean Group 5 Years Ago Would Be Worth Today

    An investment of $1000 in Royal Caribbean Group (RCL) five years ago would have grown to approximately $3,140 today, representing a substantial 214% return. This performance significantly outpaced the broader market, highlighting the cruise line's strong recovery and growth trajectory post-pandemic. The company has benefited from robust consumer demand for travel and effective capacity management. For investors, this demonstrates the potential for significant capital appreciation in well-managed companies within the leisure and travel sector, even after periods of significant disruption.

  • 6/11/2026POSITIVE
    Here's How Much $100 Invested In Royal Caribbean Group 5 Years Ago Would Be Worth Today

    An investment of $100 in Royal Caribbean Group five years ago would have yielded a substantial return, growing to approximately $385 today. This represents a compound annual growth rate of roughly 31.5%. The cruise line operator has seen significant recovery and growth post-pandemic, driven by strong consumer demand for travel and effective capacity management. Investors who held RCL stock during this period have benefited from the company's robust financial performance and strategic initiatives aimed at enhancing shareholder value.

  • 5/18/2026NEGATIVE
    Royal Caribbean Slides After Mexico Reviews Water Park Plan

    Royal Caribbean Cruises Ltd. (RCL) experienced a share price decline following an announcement by Mexican President Claudia Sheinbaum. The President has initiated a review of the cruise line operator's proposed water park project located in the Quintana Roo state. This regulatory scrutiny introduces uncertainty and potential delays or modifications to the project, which could impact future revenue streams and operational expansion plans for the company. Investors are likely to react cautiously to this news, awaiting further clarity on the review's outcome.

  • 5/13/2026POSITIVE
    $1000 Invested In Royal Caribbean Group 15 Years Ago Would Be Worth This Much Today

    An investment of $1000 in Royal Caribbean Group (RCL) 15 years ago would have yielded a substantial return, illustrating the company's strong performance and growth trajectory over the past decade and a half. This historical performance indicates robust operational execution, effective management strategies, and favorable market conditions within the cruise industry. For current and potential investors, this data point underscores Royal Caribbean's capacity for significant shareholder value creation and its resilience in a dynamic travel sector.

  • 4/30/2026POSITIVE
    Royal Caribbean CEO Sees Robust Demand Despite Risks

    Royal Caribbean CEO Jason Liberty expressed optimism regarding the cruise operator's future, citing robust demand that remains unaffected by current geopolitical risks. This positive outlook follows a strong earnings report and an upward revision to the company's full-year forecast. Liberty's comments suggest that consumer appetite for travel and leisure experiences is resilient, providing a solid foundation for continued growth. Investors may view this as a signal of sustained revenue generation and profitability, potentially leading to increased confidence in the stock.

via Markets Gazette