CarnivalFRA:3B5 -2.51%75 OCF Yield % is 17.40 as of Jun. 26, 2026, which is 33% above its 10-year median of 13.05. GuruFocus rates FRA:3B5 with a GF Score™ of 75/100 and a GF Value™ of €20.88 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 853 Travel & Leisure companies, Carnival ranks better than 75.38% on this metric.
OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.
Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Carnival OCF Yield % Related Terms
Carnival OCF Yield % Historical Data
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The historical data trend for Carnival's OCF Yield % 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.
FRA:3B5 vs VIK, TCOM, EXPE: OCF Yield % Comparison
For the Travel Services subindustry, Carnival's OCF Yield %, along with its competitors' market caps and OCF Yield % 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 OCF Yield % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Carnival's OCF Yield % falls into.
* 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.
Carnival (FRA:3B5) has a OCF Yield % of 17.40 as of Jun. 26, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Carnival and its competitors. This is 33% above median its historical median of 13.05. According to the industry distribution chart, Carnival ranks #210 out of 853 companies in the Travel & Leisure industry, placing it in the top 24.6%.
Is Carnival's OCF Yield % too high?
Carnival's current OCF Yield % of 17.40 is 33% above median its 10-year median of 13.05. The Travel & Leisure industry median OCF Yield % is 8.01. Carnival's value of 17.40 is 117.2% above this industry median. Based on the distribution chart, Carnival ranks #210 out of 853 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 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnival's OCF Yield % compare to VIK and TCOM?
According to the Travel & Leisure industry distribution chart, Carnival ranks #210 out of 853 companies for OCF Yield %. This places Carnival in the top 25% of its industry — outperforming the majority of peers. The industry median OCF Yield % is 8.01. Carnival's value of 17.40 is 117.2% above this benchmark. While the company's 10-year median is 13.05 vs. the industry median of 8.01, Carnival has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for a Travel & Leisure company?
The median OCF Yield % among Travel & Leisure companies is 8.01, based on 853 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carnival's current OCF Yield % of 17.40 is 117.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Carnival and its competitors. For the Travel & Leisure industry, the median OCF Yield % is 8.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnival's current OCF Yield % is 17.40, which is 33% above median its own 10-year median of 13.05. 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 (FRA:3B5) is currently considered Modestly Overvalued. The stock's GF Value™ is €20.88, compared to a current price of €24.90 — trading 19.3% above its estimated fair value. The current OCF Yield % is 17.40, which is 33% above median its 10-year median of 13.05 and 117.2% above the Travel & Leisure industry median of 8.01. Carnival's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Carnival (FRA:3B5), the current OCF Yield % is 17.40 as of Jun. 26, 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 (FRA:3B5) Overvalued in 2026?
Based on GuruFocus' analysis, Carnival stock appears to be overvalued.
The current stock price of €24.90 is trading 19.3% above its estimated GF Value™ of €20.88.
GuruFocus considers Carnival to be Modestly Overvalued.
Key valuation signals for FRA:3B5:
OCF Yield %: 17.40 (33% above median its 10-year median of 13.05)
GF Value™: €20.88 vs. price of €24.90 (19.3% above fair value)
Industry Position: 117.2% above the Travel & Leisure median (#210 of 853)
No single metric tells the full story. See the FRA:3B5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
75GF Score
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