Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Royal Caribbean Cruises Ltd. (RCL)

Company Dividend Discount ModelIndustry: Travel ServicesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$217.94 - $394.95$291.65
Multi-Stage$170.46 - $186.05$178.11
Blended Fair Value$234.88
Current Price$323.58
Upside-27.41%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-29.23%-6.01%0.390.000.000.001.182.191.911.591.261.02
YoY Growth--0.00%0.00%0.00%-100.00%-45.84%14.25%20.58%26.25%23.65%40.84%
Dividend Yield--0.19%0.00%0.00%0.00%1.38%6.80%1.66%1.35%1.28%1.24%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,071.00
(-) Cash Dividends Paid (M)659.00
(=) Cash Retained (M)3,412.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)814.20508.88305.33
Cash Retained (M)3,412.003,412.003,412.00
(-) Cash Required (M)-814.20-508.88-305.33
(=) Excess Retained (M)2,597.802,903.133,106.68
(/) Shares Outstanding (M)275.50275.50275.50
(=) Excess Retained per Share9.4310.5411.28
LTM Dividend per Share2.392.392.39
(+) Excess Retained per Share9.4310.5411.28
(=) Adjusted Dividend11.8212.9313.67
WACC / Discount Rate11.12%11.12%11.12%
Growth Rate5.40%6.40%7.40%
Fair Value$217.94$291.65$394.95
Upside / Downside-32.65%-9.87%22.06%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,071.004,331.514,608.694,903.605,217.395,551.265,717.80
Payout Ratio16.19%30.95%45.71%60.48%75.24%90.00%92.50%
Projected Dividends (M)659.001,340.612,106.752,965.463,925.444,996.145,288.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate11.12%11.12%11.12%
Growth Rate5.40%6.40%7.40%
Year 1 PV (M)1,195.151,206.491,217.83
Year 2 PV (M)1,674.391,706.321,738.54
Year 3 PV (M)2,101.162,161.532,223.05
Year 4 PV (M)2,479.572,575.022,673.20
Year 5 PV (M)2,813.492,949.513,090.75
PV of Terminal Value (M)36,697.5538,471.7840,313.99
Equity Value (M)46,961.3249,070.6651,257.36
Shares Outstanding (M)275.50275.50275.50
Fair Value$170.46$178.11$186.05
Upside / Downside-47.32%-44.95%-42.50%

High-Yield Dividend Screener

« Prev Page 39 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002450.KSSAMICK MUSICAL INSTRUMENT Co., Ltd4.08%$49.7918.17%
003380.KQHarim Holdings Co., Ltd.4.08%$447.0736.82%
2798.HKPerennial Energy Holdings Limited4.08%$0.059.52%
N2IU.SIMapletree Pan Asia Commercial Trust4.08%$0.0645.97%
WIPRO.BOWipro Limited4.08%$10.9885.26%
000421.SZNanjing Public Utilities Development Co., Ltd.4.07%$0.2891.69%
003030.KSSeAH Steel Holdings Corporation4.07%$5,154.5338.17%
2154.TOpen Up Group Inc.4.07%$75.0151.97%
6411.TWOAmazing Microelectronic Corp.4.07%$3.1585.74%
KINO.JKPT Kino Indonesia Tbk4.06%$56.1756.49%
WIIM.JKPT Wismilak Inti Makmur Tbk4.06%$64.8035.76%
134380.KSMiwon Chemicals Co., Ltd.4.05%$3,833.4233.65%
2912.TWPresident Chain Store Corporation4.05%$8.9883.72%
5438.TWOTeco Image Systems Co., Ltd.4.05%$0.9378.68%
IG.MIItalgas S.p.A.4.05%$0.3936.35%
TWR.AXTower Limited4.05%$0.0719.30%
002215.SZShenzhen Noposion Agrochemicals Co.,Ltd4.04%$0.4361.18%
1603.TWChina Wire & Cable Co., Ltd.4.04%$1.5040.87%
601567.SSNingbo Sanxing Medical Electric Co.,Ltd.4.04%$0.9365.61%
6846.TWOGreenyn Biotechnology Co., Ltd4.04%$2.9867.75%
ASEFA.BKAsefa Public Company Limited4.04%$0.1436.27%
JLG.AXJohns Lyng Group Limited4.04%$0.1653.65%
004910.KSChokwang Paint Co., Ltd.4.03%$200.1355.11%
JTPE.JKPT Jasuindo Tiga Perkasa Tbk4.03%$24.0060.60%
MTDL.JKPT Metrodata Electronics Tbk4.03%$24.0039.08%
SPINNEYS.AESpinneys 1961 Hold4.03%$0.0666.84%
605077.SSZhejiang Huakang Pharmaceutical Co., Ltd.4.02%$0.5970.96%
6190.HKBank of Jiujiang Co., Ltd.4.02%$0.079.94%
THANI.BKRatchthani Leasing Public Company Limited4.02%$0.0745.63%
010770.KSPyung Hwa Holdings Co., Ltd.4.01%$149.9011.24%
0RPP.LValartis Group AG4.01%$0.499.63%
301004.SZZhejiang Cayi Vacuum Container Co., Ltd.4.01%$2.0954.91%
4968.TArakawa Chemical Industries, Ltd.4.01%$48.9456.00%
FESA3.SACia de Ferro Ligas da Bahia - FERBASA4.01%$0.4676.61%
HBOR3.SAHelbor Empreendimentos S.A.4.01%$0.1032.33%
089860.KSLOTTE rental co.,ltd.4.00%$1,199.9835.09%
0OJJ.LACTIA Group S.A.4.00%$0.1233.82%
2128.HKChina Lesso Group Holdings Limited4.00%$0.1915.85%
3338.TWTaiSol Electronics Co., Ltd.4.00%$2.0185.10%
AIL.DEL'Air Liquide S.A.4.00%$6.3556.81%
CUBLionheart Holdings4.00%$0.4393.60%
DHL.DEDeutsche Post AG4.00%$1.8860.01%
FCMC.PASociété Fermière du Casino Municipal de Cannes4.00%$85.5728.90%
009160.KSSIMPAC Inc.3.99%$202.3392.46%
033780.KSKT&G Corporation3.99%$5,606.0952.73%
603309.SSWell Lead Medical Co., Ltd.3.99%$0.5464.79%
6761.TWOWendell Industrial Co., Ltd3.99%$5.6281.14%
MULT3.SAMultiplan Empreendimentos Imobiliários S.A.3.99%$1.0842.74%
300641.SZJiangsu Zhengdan Chemical Industry Co., Ltd.3.98%$0.7035.38%
5126.KLSarawak Oil Palms Berhad3.98%$0.1529.34%