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Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Royal Caribbean Group's Intrinsic Value: Projected FCF or its related term are showing as below:
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Royal Caribbean Group was 32.06. The lowest was 0.59. And the median was 1.93.
RCL's Price-to-Projected-FCF is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.91 * Ranked among companies with meaningful Price-to-Projected-FCF only.
Royal Caribbean Group (NYSE:RCL) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Royal Caribbean Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
260.14
/
-7.5826793957183
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Royal Caribbean Group Intrinsic Value: Projected FCF Related Terms
Royal Caribbean Group Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Royal Caribbean Group's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Royal Caribbean Group Intrinsic Value: Projected FCF Chart
RCL vs EXPE, VIK, ABNB: Intrinsic Value: Projected FCF Comparison
For the Travel Services subindustry, Royal Caribbean Group's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Royal Caribbean Group Price-to-Projected-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Royal Caribbean Group's Price-to-Projected-FCF falls into.
Royal Caribbean Group Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of $-7.58 mean?
Royal Caribbean Group (RCL) has a Intrinsic Value: Projected FCF of $-7.58 as of Sep. 12, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Royal Caribbean Group and its competitors. According to the industry distribution chart, Royal Caribbean Group ranks #999999 out of 592 companies in the Travel & Leisure industry.
Is Royal Caribbean Group's Intrinsic Value: Projected FCF too high?
Royal Caribbean Group's current Intrinsic Value: Projected FCF is $-7.58. Based on the distribution chart, Royal Caribbean Group ranks #999999 out of 592 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Royal Caribbean Group has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's Intrinsic Value: Projected FCF compare to EXPE and VIK?
According to the Travel & Leisure industry distribution chart, Royal Caribbean Group ranks #999999 out of 592 companies for Intrinsic Value: Projected FCF. This places Royal Caribbean Group in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Travel & Leisure company?
The median Intrinsic Value: Projected FCF among Travel & Leisure companies is 0.91, based on 592 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Royal Caribbean Group and its competitors. For the Travel & Leisure industry, the median Intrinsic Value: Projected FCF is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Caribbean Group's current Intrinsic Value: Projected FCF is $-7.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Caribbean Group stock overvalued right now?
Based on GuruFocus' analysis, Royal Caribbean Group (RCL) is currently considered Fairly Valued. The stock's GF Value™ is $278.15, compared to a current price of $260.14 — trading 6.5% below its estimated fair value. The current Intrinsic Value: Projected FCF is $-7.58. Royal Caribbean Group's overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Royal Caribbean Group (RCL), the current Intrinsic Value: Projected FCF is $-7.58 as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Royal Caribbean Group (RCL) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be undervalued.
The current stock price of $260.14 is trading 6.5% below its estimated GF Value™ of $278.15.
GuruFocus considers Royal Caribbean Group to be Fairly Valued.
Key valuation signals for RCL:
Intrinsic Value: Projected FCF: $-7.58
GF Value™: $278.15 vs. price of $260.14 (6.5% below fair value)
No single metric tells the full story. See the RCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Caribbean is the world's second-largest cruise company by revenues, operating 69 ships across five global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in 2021, plans to launch its new Celebrity River Cruise brand in 2027, and is set to operate eight private destination locations by 2028.
86GF Score
Get the complete analysis for RCL
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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