Carnival (LIM:CCL) Moat Score: 6/10 (As of Jul. 01, 2026)


LIM:CCL Carnival Corporation Ltd LIM:CCL
64 GF Score
Price $25.60
GF Value $22.04
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Carnival Moat Score?

Carnival LIM:CCL 64 Moat Score is 6 as of Jul. 01, 2026. GuruFocus rates LIM:CCL with a GF Score™ of 64/100 and a GF Value™ of $22.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 879 Travel & Leisure companies, Carnival ranks better than 98.18% on this metric.

Carnival has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Carnival has Narrow Moat: Carnival Corporation Ltd has a strong brand and customer loyalty in the cruise industry. It benefits from economies of scale and a superior distribution network. However, it faces competition and lacks significant regulatory barriers or intellectual property. Its moat is strong but not wide, supported by its brand and scale.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Carnival might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Carnival  (LIM:CCL) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Carnival Moat Score Related Terms

LIM:CCL vs VIK, EXPE, TCOM: Moat Score Comparison

For the Travel Services subindustry, Carnival's Moat Score, along with its competitors' market caps and Moat Score 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.

Carnival Moat Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's Moat Score distribution charts can be found below:

* The bar in red indicates where Carnival's Moat Score falls into.


LIM:CCL
64GF Score
Carnival Corporation Ltd LIM:CCL
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Carnival (LIM:CCL) has a Moat Score of 6 as of Jul. 01, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Carnival ranks #16 out of 879 companies in the Travel & Leisure industry, placing it in the top 1.8%.
Is Carnival's Moat Score too high?
Carnival's current Moat Score is 6. Based on the distribution chart, Carnival ranks #16 out of 879 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Carnival has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnival's Moat Score compare to VIK and EXPE?
According to the Travel & Leisure industry distribution chart, Carnival ranks #16 out of 879 companies for Moat Score. This places Carnival in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Travel & Leisure company?
A good Moat Score depends on the Travel & Leisure industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Carnival's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnival stock overvalued right now?
Based on GuruFocus' analysis, Carnival (LIM:CCL) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.04, compared to a current price of $25.60 — trading 16.2% above its estimated fair value. The current Moat Score is 6. Carnival's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Carnival (LIM:CCL), the current Moat Score is 6 as of Jul. 01, 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 Carnival (LIM:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival stock appears to be overvalued. The current stock price of $25.60 is trading 16.2% above its estimated GF Value™ of $22.04. GuruFocus considers Carnival to be Modestly Overvalued.

Key valuation signals for LIM:CCL:

  • Moat Score: 6
  • GF Value™: $22.04 vs. price of $25.60 (16.2% above fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the LIM:CCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Carnival Business Description

Address 3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival is the largest global cruise company, with nearly 100 ships in service. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It recently folded its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 14 million guests in 2025.
64GF Score

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$25.60
Price
$22.04
GF Value