Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
37.54 (1y: +55%)
Market Cap 8.31 B P/E(ttm) 177.90
Enterprise Value 16.56 B P/B 0.99
RCL- NYSE (USA)
Royal Caribbean Cruises, Ltd.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$37.54
Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.023
RCL's Cash to Debt is ranked lower than
79% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 1.78 vs. RCL: 0.023 )
RCL' s 10-Year Cash to Debt Range
Min: 0.02   Max: 0.13
Current: 0.02
0.02
0.13
Equity to Asset 0.397
RCL's Equity to Asset is ranked lower than
55% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 0.46 vs. RCL: 0.397 )
RCL' s 10-Year Equity to Asset Range
Min: 0.34   Max: 0.47
Current: 0.4
0.34
0.47
Interest Coverage 1.2
RCL's Interest Coverage is ranked lower than
63% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 33.40 vs. RCL: 1.2 )
RCL' s 10-Year Interest Coverage Range
Min: 1   Max: 4
Current: 1.2
1
4
F-Score: 5
Z-Score: 0.88
M-Score: -2.92
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 5.20
RCL's Operating margin (%) is ranked higher than
84% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 8.60 vs. RCL: 5.20 )
RCL' s 10-Year Operating margin (%) Range
Min: 5.2   Max: 19.9
Current: 5.2
5.2
19.9
Net-margin (%) 0.2
RCL's Net-margin (%) is ranked higher than
87% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 4.30 vs. RCL: 0.2 )
RCL' s 10-Year Net-margin (%) Range
Min: 0.2   Max: 15.5
Current: 0.2
0.2
15.5
ROE (%) 0.2
RCL's ROE (%) is ranked higher than
82% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 5.20 vs. RCL: 0.2 )
RCL' s 10-Year ROE (%) Range
Min: 0.2   Max: 12.9
Current: 0.2
0.2
12.9
ROA (%) 0.1
RCL's ROA (%) is ranked higher than
79% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 3.20 vs. RCL: 0.1 )
RCL' s 10-Year ROA (%) Range
Min: 0.1   Max: 6.4
Current: 0.1
0.1
6.4
ROC (Joel Greenblatt) (%) 2.60
RCL's ROC (Joel Greenblatt) (%) is ranked higher than
58% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 12.00 vs. RCL: 2.60 )
RCL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 2.6   Max: 9.2
Current: 2.6
2.6
9.2
Revenue Growth (%) 6.4
RCL's Revenue Growth (%) is ranked higher than
85% of the 343 Companies
in the Global Leisure industry.

( Industry Median: -0.45 vs. RCL: 6.4 )
RCL' s 10-Year Revenue Growth (%) Range
Min: 1.9   Max: 8.2
Current: 6.4
1.9
8.2
EBITDA Growth (%) 1.3
RCL's EBITDA Growth (%) is ranked higher than
88% of the 343 Companies
in the Global Leisure industry.

( Industry Median: -0.60 vs. RCL: 1.3 )
RCL' s 10-Year EBITDA Growth (%) Range
Min: -4.6   Max: 8.6
Current: 1.3
-4.6
8.6
EPS Growth (%) -42.9
RCL's EPS Growth (%) is ranked higher than
79% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 4.10 vs. RCL: -42.9 )
RCL' s 10-Year EPS Growth (%) Range
Min: -42.9   Max: 20
Current: -42.9
-42.9
20
» RCL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

RCL Guru Trades in Q2 2012

PRIMECAP Management 1,590,100 sh (New)
Donald Smith 3,136,526 sh (+10.58%)
John Rogers 2,291,166 sh (+2.48%)
Murray Stahl 29,081 sh (+1.39%)
Columbia Wanger 4,500 sh (unchged)
Louis Moore Bacon Sold Out
Steven Cohen Sold Out
Jim Simons Sold Out
John Buckingham 177,420 sh (-0.08%)
Meridian Funds 1,920,950 sh (-2%)
James Barrow 4,064,865 sh (-3.43%)
Pioneer Investments 241,400 sh (-50.53%)
» More
Q3 2012

RCL Guru Trades in Q3 2012

Steven Cohen 7,700 sh (New)
Bruce Kovner 70,000 sh (New)
PRIMECAP Management 2,316,200 sh (+45.66%)
Donald Smith 3,287,976 sh (+4.83%)
James Barrow 4,231,355 sh (+4.1%)
Murray Stahl 29,265 sh (+0.63%)
Columbia Wanger 4,500 sh (unchged)
John Rogers 2,185,736 sh (-4.6%)
John Buckingham 165,960 sh (-6.46%)
Meridian Funds 925,050 sh (-51.84%)
Pioneer Investments 79,000 sh (-67.27%)
» More
Q4 2012

RCL Guru Trades in Q4 2012

Paul Tudor Jones 9,900 sh (New)
Steven Cohen 615,689 sh (+7895.96%)
Meridian Funds 925,050 sh (unchged)
PRIMECAP Management 2,316,200 sh (unchged)
Bruce Kovner Sold Out
Pioneer Investments Sold Out
John Buckingham 162,297 sh (-2.21%)
James Barrow 4,058,555 sh (-4.08%)
Murray Stahl 27,965 sh (-4.44%)
John Rogers 1,803,206 sh (-17.5%)
Donald Smith 2,202,148 sh (-33.02%)
Columbia Wanger 2,300 sh (-48.89%)
» More
Q1 2013

RCL Guru Trades in Q1 2013

Bruce Kovner 52,000 sh (New)
Julian Robertson 494,000 sh (New)
Jim Simons 591,000 sh (New)
Paul Tudor Jones 16,800 sh (+69.7%)
Donald Smith 3,065,502 sh (+39.21%)
PRIMECAP Management 2,546,600 sh (+9.95%)
James Barrow 4,167,060 sh (+2.67%)
Meridian Funds 925,050 sh (unchged)
Columbia Wanger Sold Out
John Buckingham 160,870 sh (-0.88%)
Murray Stahl 27,465 sh (-1.79%)
John Rogers 1,579,566 sh (-12.4%)
Steven Cohen 15,738 sh (-97.44%)
» More
» Details

Insider Trades

Latest Guru Trades with RCL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Julian Robertson 2013-03-31 New Buy2.2%$31.84 - $38.42 $ 37.547%494000
Donald Smith 2013-03-31 Add 39.21%0.62%$31.84 - $38.42 $ 37.547%3065502
Donald Smith 2012-12-31 Reduce -33.02%0.99%$30.49 - $35.53 $ 37.5412%2202148
Meridian Funds 2012-09-30 Reduce -51.84%0.88%$23.61 - $31.26 $ 37.5441%925050
Donald Smith 2012-09-30 Add 4.83%0.14%$23.61 - $31.26 $ 37.5441%3287976
PRIMECAP Management 2012-09-30 Add 45.66%0.03%$23.61 - $31.26 $ 37.5441%2316200
Donald Smith 2012-06-30 Add 10.58%0.23%$22.32 - $29.4 $ 37.5446%3136526
PRIMECAP Management 2012-06-30 New Buy0.07%$22.32 - $29.4 $ 37.5446%1590100
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Royal Caribbean Cruises, Ltd.

Meridian Fund’s Third Quarter Update: Great Reductions in Consumer Goods and Services Sectors
November 6, 2012
Meridian Fund - Meridian Fund’s Third Quarter Update: Great Reductions In Consumer Goods And Services Sectors
The late Richard F. Aster Jr.’s Meridian Fund Inc. has reported a total of 67 transactions in the three months that represent the third quarter, 15 of them reductions to current shareholdings and 25 of them complete sells of entire shareholdings with companies. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 177.90
RCL's P/E(ttm) is ranked higher than
80% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 22.88 vs. RCL: 177.90 )
RCL' s 10-Year P/E(ttm) Range
Min: 2.21   Max: 541.13
Current: 177.9
2.21
541.13
P/B 0.99
RCL's P/B is ranked higher than
75% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 1.58 vs. RCL: 0.99 )
RCL' s 10-Year P/B Range
Min: 0.19   Max: 2.32
Current: 0.99
0.19
2.32
P/S 1.06
RCL's P/S is ranked higher than
58% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 1.18 vs. RCL: 1.06 )
RCL' s 10-Year P/S Range
Min: 0.19   Max: 2.54
Current: 1.06
0.19
2.54
PFCF 69.52
RCL's PFCF is ranked higher than
73% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 17.69 vs. RCL: 69.52 )
RCL' s 10-Year PFCF Range
Min: 8.28   Max: 207.85
Current: 69.52
8.28
207.85
EV-to-EBIT 38.22
RCL's EV-to-EBIT is ranked higher than
77% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 17.60 vs. RCL: 38.22 )
RCL' s 10-Year EV-to-EBIT Range
Min: 7.7   Max: 81.1
Current: 38.22
7.7
81.1
PEG 1779
RCL's PEG is ranked lower than
74% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 2.46 vs. RCL: 1779 )
RCL' s 10-Year PEG Range
Min: 0.06   Max: 418.25
Current: 1779
0.06
418.25
Shiller P/E 17.57
RCL's Shiller P/E is ranked higher than
89% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 16.66 vs. RCL: 17.57 )
RCL' s 10-Year Shiller P/E Range
Min: 2.26   Max: 27.49
Current: 17.57
2.26
27.49

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.28
RCL's Dividend Yield is ranked higher than
62% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 1.78 vs. RCL: 1.28 )
RCL' s 10-Year Dividend Yield Range
Min: 0.33   Max: 9.04
Current: 1.28
0.33
9.04
Dividend Payout 5.8
RCL's Dividend Payout is ranked higher than
99% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 0.57 vs. RCL: 5.8 )
RCL' s 10-Year Dividend Payout Range
Min: 0.07   Max: 5.28
Current: 5.8
0.07
5.28
Yield on cost (5-Year) 1.20
RCL's Yield on cost (5-Year) is ranked higher than
62% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 1.73 vs. RCL: 1.20 )
RCL' s 10-Year Yield on cost (5-Year) Range
Min: 0.33   Max: 9.04
Current: 1.2
0.33
9.04
Share Buyback Rate -0.5
RCL's Share Buyback Rate is ranked higher than
76% of the 343 Companies
in the Global Leisure industry.

( Industry Median: -0.40 vs. RCL: -0.5 )
RCL' s 10-Year Share Buyback Rate Range
Min: 0.7   Max: -2.9
Current: -0.5

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 35.4
RCL's Price/Net Current Asset Value is ranked higher than
85% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 17.10 vs. RCL: 35.4 )
RCL' s 10-Year Price/Net Current Asset Value Range
Min: 14   Max: 181.5
Current: 35.4
14
181.5
Price/Tangible Book 1
RCL's Price/Tangible Book is ranked higher than
58% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 2.00 vs. RCL: 1 )
RCL' s 10-Year Price/Tangible Book Range
Min: 0.5   Max: 2.5
Current: 1
0.5
2.5
Price/DCF (Projected) 4.3
RCL's Price/DCF (Projected) is ranked higher than
94% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 1.10 vs. RCL: 4.3 )
RCL' s 10-Year Price/DCF (Projected) Range
Min: 0.7   Max: 55
Current: 4.3
0.7
55
Price/Median PS Value 0.8
RCL's Price/Median PS Value is ranked higher than
67% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 0.90 vs. RCL: 0.8 )
RCL' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.9
Current: 0.8
0.3
1.9
Price/Graham Number 4.5
RCL's Price/Graham Number is ranked higher than
65% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 1.40 vs. RCL: 4.5 )
RCL' s 10-Year Price/Graham Number Range
Min: 0.3   Max: 4.1
Current: 4.5
0.3
4.1
Earnings Yield (Greenblatt) 2.60
RCL's Earnings Yield (Greenblatt) is ranked lower than
77% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 5.60 vs. RCL: 2.60 )
RCL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.2   Max: 13
Current: 2.6
1.2
13
Forward Rate of Return (Yacktman) -2.9
RCL's Forward Rate of Return (Yacktman) is ranked higher than
71% of the 343 Companies
in the Global Leisure industry.

( Industry Median: 3.26 vs. RCL: -2.9 )
RCL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -13.6   Max: 46.4
Current: -2.9
-13.6
46.4

Business Description

Royal Caribbean Cruises Ltd. was founded in 1968. The current parent corporation, Royal Caribbean Cruises Ltd., was incorporated on July 23, 1985 in the Republic of Liberia under the Business Corporation Act of Liberia. It operates around 38 ships in the cruise vacation industry with approximately 84,050 berths. It owns five cruise brands, Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisieres de France. In addition, it has a 50% investment in a joint venture with TUI AG which operates the brand TUI Cruises. It serves numerous cruise markets throughout the world through its three main cruise brands, Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises. It has offices in the United Kingdom, Germany, Norway, Italy, Spain, Singapore, China, Brazil, and Australia which focus on its international passenger sourcing. In addition, the strategic acquisition of Pullmantur in 2006 provides it with a brand to serve the cruise markets in Spain, Portugal and Latin America. The Company's launch of CDF Croisières de France in 2007 provides it with a custom tailored product targeted at the cruise market in France and the formation of its joint venture with TUI AG in 2008 provides it with a custom tailored product targeted at the cruise market in Germany. Royal Caribbean International is positioned at the upper end of the contemporary segment of the cruise vacation industry, although its quality enables it to attract consumers from the premium segment as well. Celebrity Cruises primarily serves the premium segment of the cruise vacation industry. Pullmantur serves the contemporary segment of the Spanish, Portuguese and Latin American cruise markets. CDF Croisières de France is designed to serve the contemporary segment of the French cruise market and increases its global presence by providing it with a brand custom-tailored for French cruise guests. The Company's ships are regulated by various international, national, state and local laws, regulations and treaties in force in the jurisdictions in which they operate.
Company Website
SEC Reports
Industry: Leisure
Compare:SIX, PCLN, CCL, FUN, SWGAY
Traded in other countries:RCLO.Sweden, RCL.Norway, RC8.Germany
» More Articles for RCL

Headlines

Articles On GuruFocus.com
Why I’m Pessimistic about Stocks Mar 24 2013 
Meridian Fund’s Third Quarter Update: Great Reductions in Consumer Goods and Services Sectors Nov 06 2012 
The Best Stocks With Dividend Growth From Last Week (September 10 – September 16, 2012) Sep 16 2012 
The Best Dividends on May 18, 2012 May 17 2012 
Can You Be 100% in Stocks Even When the Market Is Overvalued? Mar 29 2012 
Why I Don't Diversify Mar 28 2012 
How Long Does It Take to Develop an Investing Style? Mar 23 2012 
Royal Caribbean (RCL) - Great Company at Attractive Valuation Nov 22 2011 
Stocks that Gurus and Insiders Are Buying: RCL, WLL, MCRL Sep 28 2011 
5 Stocks George Soros Is Dumping Now Sep 07 2011 

More From Our Partners
Top Management Shuffle at RCL - Analyst Blog May 17 2013 - ZACKS

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial