Royal Caribbean Cruises Ltd.

BRSE:RC8 Stock Report

Market Cap: CHF 58.1b

Royal Caribbean Cruises Valuation

Is RC8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RC8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RC8 (CHF217.66) is trading below our estimate of fair value (CHF400.78)

Significantly Below Fair Value: RC8 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RC8?

Key metric: As RC8 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RC8. This is calculated by dividing RC8's market cap by their current earnings.
What is RC8's PE Ratio?
PE Ratio25x
EarningsUS$2.60b
Market CapUS$65.09b

Price to Earnings Ratio vs Peers

How does RC8's PE Ratio compare to its peers?

The above table shows the PE ratio for RC8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.4x
LMN lastminute.com
14.7x16.5%CHF 172.6m
CCL Carnival Corporation &
21.3x18.3%US$33.3b
TCOM Trip.com Group
21.8x9.1%US$47.2b
HLT Hilton Worldwide Holdings
51.8x17.6%US$61.7b
RC8 Royal Caribbean Cruises
25x18.8%CHF 65.1b

Price-To-Earnings vs Peers: RC8 is good value based on its Price-To-Earnings Ratio (25x) compared to the peer average (27.4x).

Price to Earnings Ratio vs Industry

How does RC8's PE Ratio compare vs other companies in the European Hospitality Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
RC8 25.0xIndustry Avg. 17.5xNo. of Companies16PE01224364860+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RC8 is expensive based on its Price-To-Earnings Ratio (25x) compared to the European Hospitality industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is RC8's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RC8 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RC8's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RC8 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 217.66
CHF 219.32
+0.8%
15.3%CHF 277.23CHF 138.61n/a22
Dec ’25n/a
CHF 208.42
0%
13.3%CHF 257.23CHF 137.48n/a22
Nov ’25CHF 176.88
CHF 188.76
+6.7%
13.5%CHF 221.91CHF 133.84n/a19
Oct ’25n/a
CHF 155.34
0%
10.5%CHF 180.12CHF 121.77n/a21
Sep ’25n/a
CHF 154.43
0%
10.3%CHF 178.03CHF 122.08n/a21
Aug ’25CHF 146.76
CHF 159.37
+8.6%
10.9%CHF 183.46CHF 122.31n/a20
Jul ’25CHF 141.01
CHF 147.01
+4.3%
9.8%CHF 183.05CHF 121.14n/a20
Jun ’25n/a
CHF 146.71
0%
8.0%CHF 167.11CHF 122.61n/a20
May ’25n/a
CHF 143.74
0%
8.8%CHF 169.12CHF 124.08n/a20
Apr ’25n/a
CHF 129.87
0%
8.8%CHF 153.74CHF 101.61n/a21
Mar ’25n/a
CHF 128.50
0%
8.5%CHF 153.68CHF 101.57n/a20
Feb ’25n/a
CHF 113.08
0%
17.1%CHF 145.81CHF 67.93n/a18
Jan ’25n/a
CHF 105.30
0%
15.9%CHF 130.61CHF 66.74n/a19
Dec ’24n/a
CHF 102.37
0%
14.0%CHF 123.73CHF 70.00n/a17
Nov ’24n/a
CHF 104.56
0%
13.1%CHF 127.35CHF 78.23CHF 176.8818
Oct ’24n/a
CHF 105.16
0%
12.4%CHF 124.52CHF 77.04n/a18
Sep ’24n/a
CHF 101.69
0%
14.8%CHF 122.11CHF 72.91n/a17
Aug ’24n/a
CHF 95.89
0%
17.7%CHF 121.66CHF 61.27CHF 146.7617
Jul ’24n/a
CHF 85.70
0%
13.6%CHF 107.40CHF 62.65CHF 141.0118
Jun ’24n/a
CHF 79.81
0%
15.2%CHF 94.20CHF 49.82n/a18
May ’24n/a
CHF 71.08
0%
15.2%CHF 89.38CHF 49.16n/a17
Apr ’24n/a
CHF 72.32
0%
14.7%CHF 91.89CHF 50.54n/a17
Mar ’24n/a
CHF 74.14
0%
15.0%CHF 93.33CHF 51.33n/a16
Feb ’24n/a
CHF 63.98
0%
24.0%CHF 107.11CHF 36.62n/a17
Jan ’24n/a
CHF 63.18
0%
27.1%CHF 109.01CHF 37.27n/a16
Dec ’23n/a
CHF 67.61
0%
28.9%CHF 112.20CHF 38.36n/a16

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 11:18
End of Day Share Price 2024/12/12 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Royal Caribbean Cruises Ltd. is covered by 59 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marius MagelieABG Sundal Collier
Kenneth SivertsenArctic Securities ASA
John StaszakArgus Research Company