BUL/3B5 (BUL/3B5)

Bulgarian Stock Exchange: BUL/3B5 · EUR

€24.7

+0.68 (+2.9%)· Recorded snapshot

Market cap	33.5B
Revenue (ttm)	23.8B
Net income (ttm)	2.7B
EPS (ttm)	€2.04
P/E (trailing)	11.8x
P/E (forward)	11.4x
Dividend	€0.77 (3.11%)

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 23.8B
Net income (ttm): 2.7B
EPS (ttm): €2.04
P/E (trailing): 11.8x
P/E (forward): 11.4x
Market cap: 33.5B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11.4

P25 n/aP50 n/aP75 n/a

Trailing P/E11.8

P25 n/aP50 n/aP75 n/a

ROE24

P25 n/aP50 n/aP75 n/a

ROIC11.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All BUL/3B5 indicators

Market & fundamental data

Available fields

213

Groups with data

Currency

USD

Showing 213 of 213 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	EUR
Country	Bermuda
Country code	BG
Earnings date	2026-09-29
Employees	160,000
Employees change	0
Employees growth	0%
Enterprise value	EUR 55B
Exchange	Bulgarian Stock Exchange
Financial currency	USD
Financial report date	2026-08-31
First seen	2026-09-19
Fiscal year end	November
Founded	1972
Industry	Travel Services
Is primary listing	No
ISIN number	BMG2004J1036
Last earnings date	2026-09-29
Last refreshed	2026-10-28
Market cap	EUR 33.5B
Next earnings date	2026-12-18
Price	EUR 24.69
Price currency	EUR
Sector	Consumer Discretionary
SIC code	4400
Stock price date	2026-10-27
Symbol	bul/3B5
Website	https://www.carnivalcorp.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	15.61x
Average P/E ratio (3Y)	17.48x
Earnings yield	8.5%
EV/Earnings	20.36x
EV/EBIT	13.94x
EV/EBITDA	7.91x
EV/FCF	20.11x
EV/Sales	2.22x
FCF / EV yield	4.97%
FCF yield	8.17%
Forward P/E	11.39x
Graham number	19.55092
Graham upside	-18.55%
P/(FCF - SBC) ratio	12.64x
P/(OCF - SBC) ratio	5.79x
P/B ratio	2.74x
P/E ratio	11.76x
P/FCF ratio	12.24x
P/OCF ratio	5.7x
P/S ratio	1.41x
Price / tangible book value	3.13x
Price/EBITDA ratio	5.33x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	15.92%
EBITDA margin	26.43%
Effective tax rate	1.01%
FCF margin	11.02%
Gross margin	55.38%
Operating margin	15.92%
Pretax margin	11.48%
Profit margin	11.37%
Profit per employee	EUR 16,881
Profitable quarters	6
Profitable years	2
Revenue per employee	EUR 148,485
ROA	5.4%
ROA (5Y)	0.03%
ROCE	11.41%
ROE	24%
ROE (5Y)	-14.65%
ROIC	11.59%
ROIC (5Y)	-0.12%
SBC / revenue	0.37%
Tax / revenue	0.12%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	17.06%
EPS growth (Q)	4.96%
EPS growth (QoQ)	260.3%
EPS growth 10Y	-3.43%
EPS growth quarters	1
EPS growth years	5
FCF growth	8.99%
FCF growth (Q)	-3.26%
FCF growth (QoQ)	-59.43%
Gross profit growth	5.88%
Gross profit growth (Q)	1.58%
Gross profit growth 3Y	17.17%
Net income growth	18.78%
Net income growth (Q)	3.67%
Net income growth (QoQ)	257.54%
Net income growth quarters	1
Net income growth years	5
OCF growth	21.57%
OCF growth (Q)	1.95%
OCF growth (QoQ)	-46.39%
OCF growth 10Y	2.97%
OCF growth 3Y	28.14%
Operating income growth	5.68%
Operating income growth (Q)	-2.02%
Operating income growth 3Y	72.17%
Revenue growth	5.2%
Revenue growth (Q)	3.46%
Revenue growth (QoQ)	26.59%
Revenue growth 10Y	5.49%
Revenue growth 3Y	11.26%
Revenue growth 5Y	111.31%
Revenue growth quarters	21
Revenue growth years	4

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	EUR -3.1B
Depreciation and amortization	EUR 2.6B
EBIT	EUR 3.8B
EBITDA	EUR 6.3B
EPS	EUR 2.04
Financing cash flow	EUR -3.2B
Free cash flow	EUR 2.7B
Free cash flow minus SBC	EUR 2.6B
Gross profit	EUR 13.2B
Income taxes	EUR 27.6M
Investing cash flow	EUR -3.2B
Net borrowing	EUR -1.7B
Net cash flow	EUR -475.3M
Net income	EUR 2.7B
Operating cash flow minus SBC	EUR 5.8B
Operating income	EUR 3.8B
Revenue	EUR 23.8B
Stock-based compensation	EUR 87M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.42
Book value per share	EUR 9.04
Debt / EBITDA	3.25
Debt / equity	1.77
Debt / FCF	7.92
Goodwill	EUR 520.9M
Interest coverage	3.73
Long-term assets	EUR 40.8B
Long-term liabilities	EUR 20.4B
Net cash (debt)	EUR -20.6B
Net cash / market cap	-61.58%
Net debt / EBITDA	3.28
Net debt / equity	1.69
Net debt / FCF	7.54
Piotroski F-Score	7
Property, plant and equipment	EUR 40.1B
Shareholders' equity	EUR 12.2B
Tangible book value	EUR 10.7B
Tangible book value per share	EUR 7.91
Total assets	EUR 43.9B
Total cash	EUR 1.1B
Total debt	EUR 21.7B
Total liabilities	EUR 31.7B

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.54
Current assets	EUR 3.1B
Current liabilities	EUR 11.2B
Current ratio	0.27
Inventory turnover	24.55
Net working capital	EUR -6.9B
Quick ratio	0.15
Working capital	EUR -7.8B
Working capital turnover	-2.86

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.89%
Dividend growth	0%
Dividend growth years	0
Dividend payment date	2026-11-27
Dividend payment years	1
Dividend payout frequency	Quarterly
Dividend per share	EUR 0.77
Dividend yield	3.11%
Ex-dividend date	2026-11-06
Last dividend	EUR 0.15
Payout ratio	19.7%
Shareholder yield	4.09%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	EUR 21.67
1D price change	2.85%
1M price change	28.64%
1M total return	28.64%
1W price change	7.23%
1W total return	7.23%
20-day SMA	EUR 23.42
200-day SMA	EUR 20.01
3M price change	7.77%
3M total return	8.32%
3Y price change	84.67%
3Y return CAGR	23.14%
3Y total return	86.75%
50-day SMA	EUR 21.80
50-day SMA vs 200-day SMA	50over200
52-week high	EUR 27.01
52-week high date	2026-06-17
52-week low	EUR 18.93
52-week low date	2026-09-23
All-time high	EUR 27.01
All-time high date	2026-06-17
All-time low	EUR 7.16
All-time low date	2022-12-23
Average true range (ATR)	EUR 0.51
Average volume	0
Change from 52-week high	-8.59%
Change from 52-week low	30.44%
Change from all-time high	-8.59%
Change from all-time low	244.69%
Monthly RSI	56.63
Previous close	EUR 24.01
Price vs 150-day SMA	13.93%
Price vs 20-day SMA	5.42%
Price vs 200-day SMA	23.4%
Price vs 50-day SMA	13.24%
RSI	63.3
Sharpe ratio	0.85
Sortino ratio	1.45
Weekly RSI	59.76
YTD price change	-4.04%
YTD total return	-2.96%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.2B
Shares change (QoQ)	-1.44%
Shares change (YoY)	-0.89%
Shares held by insiders	7.24%
Shares held by institutions	72.71%
Short ratio	2 days

Deeper analysis on BUL/3B5

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this BUL/3B5 report

Is a complete BUL/3B5 research report available?

No complete published report is available for bul/3B5 (BUL/3B5) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

BUL/3B5 (BUL/3B5)

Price

Financial snapshot

Fair-value bridge

Latest news · BUL/3B5

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BUL/3B5 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BUL/3B5

Frequently asked questions