NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NCLH - BMG667211046 - Common Stock
18.46 USD
+0.13 (+0.71%)
18.5246 USD
+0.06 (+0.35%)
Taking everything into account, NCLH scores 3 out of 10 in our fundamental rating. NCLH was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. NCLH has a medium profitability rating, but doesn't score so well on its financial health evaluation. NCLH scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
NCLH had positive earnings in the past year.
NCLH had a positive operating cash flow in the past year.
In multiple years NCLH reported negative net income over the last 5 years.
In multiple years NCLH reported negative operating cash flow during the last 5 years.
1.2 Ratios
NCLH has a Return On Assets (2.99%) which is in line with its industry peers.
NCLH has a Return On Equity of 30.26%. This is amongst the best in the industry. NCLH outperforms 83.33% of its industry peers.
With a decent Return On Invested Capital value of 7.44%, NCLH is doing good in the industry, outperforming 62.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 30.26% | ||
| ROIC | 7.44% |
ROA(3y)-2.27%
ROA(5y)-10.54%
ROE(3y)-1056.87%
ROE(5y)-689.6%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of NCLH (6.85%) is better than 61.36% of its industry peers.
NCLH's Profit Margin has declined in the last couple of years.
NCLH has a better Operating Margin (16.39%) than 71.21% of its industry peers.
NCLH's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 41.98%, NCLH perfoms like the industry average, outperforming 40.15% of the companies in the same industry.
In the last couple of years the Gross Margin of NCLH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.39% | ||
| PM (TTM) | 6.85% | ||
| GM | 41.98% |
OM growth 3YN/A
OM growth 5Y-3.24%
PM growth 3YN/A
PM growth 5Y-7.78%
GM growth 3YN/A
GM growth 5Y-1.58%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NCLH is destroying value.
The number of shares outstanding for NCLH has been increased compared to 1 year ago.
The number of shares outstanding for NCLH has been increased compared to 5 years ago.
NCLH has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.34, we must say that NCLH is in the distress zone and has some risk of bankruptcy.
NCLH has a Altman-Z score of 0.34. This is in the lower half of the industry: NCLH underperforms 77.27% of its industry peers.
NCLH has a Debt/Equity ratio of 6.22. This is a high value indicating a heavy dependency on external financing.
NCLH has a worse Debt to Equity ratio (6.22) than 62.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.34 |
ROIC/WACC0.96
WACC7.73%
2.3 Liquidity
A Current Ratio of 0.19 indicates that NCLH may have some problems paying its short term obligations.
With a Current ratio value of 0.19, NCLH is not doing good in the industry: 96.21% of the companies in the same industry are doing better.
A Quick Ratio of 0.17 indicates that NCLH may have some problems paying its short term obligations.
NCLH's Quick ratio of 0.17 is on the low side compared to the rest of the industry. NCLH is outperformed by 96.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
NCLH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 48.91%, which is quite impressive.
NCLH shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.68% yearly.
NCLH shows a small growth in Revenue. In the last year, the Revenue has grown by 3.59%.
Measured over the past years, NCLH shows a small growth in Revenue. The Revenue has been growing by 7.96% on average per year.
EPS 1Y (TTM)48.91%
EPS 3YN/A
EPS 5Y-18.68%
EPS Q2Q%21.21%
Revenue 1Y (TTM)3.59%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%4.69%
3.2 Future
Based on estimates for the next years, NCLH will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.00% on average per year.
The Revenue is expected to grow by 7.78% on average over the next years.
EPS Next Y16.82%
EPS Next 2Y22.96%
EPS Next 3Y20.71%
EPS Next 5Y18%
Revenue Next Year6.08%
Revenue Next 2Y8.31%
Revenue Next 3Y8.12%
Revenue Next 5Y7.78%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.05, the valuation of NCLH can be described as very reasonable.
Based on the Price/Earnings ratio, NCLH is valued cheaply inside the industry as 93.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.31, NCLH is valued rather cheaply.
The Price/Forward Earnings ratio is 6.75, which indicates a rather cheap valuation of NCLH.
Based on the Price/Forward Earnings ratio, NCLH is valued cheaper than 93.94% of the companies in the same industry.
NCLH is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.05 | ||
| Fwd PE | 6.75 |
4.2 Price Multiples
73.48% of the companies in the same industry are more expensive than NCLH, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.62 |
4.3 Compensation for Growth
NCLH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NCLH's earnings are expected to grow with 20.71% in the coming years.
PEG (NY)0.54
PEG (5Y)N/A
EPS Next 2Y22.96%
EPS Next 3Y20.71%
5. Dividend
5.1 Amount
NCLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.46
+0.13 (+0.71%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners79.35%
Inst Owner Change5.95%
Ins Owners0.31%
Ins Owner Change0.31%
Market Cap8.31B
Revenue(TTM)9.69B
Net Income(TTM)663.53M
Analysts80
Price Target28.65 (55.2%)
Short Float %7.72%
Short Ratio2.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.72%
Min EPS beat(2)-3.06%
Max EPS beat(2)1.63%
EPS beat(4)2
Avg EPS beat(4)29.09%
Min EPS beat(4)-24.41%
Max EPS beat(4)142.19%
EPS beat(8)5
Avg EPS beat(8)17.57%
EPS beat(12)8
Avg EPS beat(12)13.92%
EPS beat(16)9
Avg EPS beat(16)6.97%
Revenue beat(2)0
Avg Revenue beat(2)-3.97%
Min Revenue beat(2)-4.54%
Max Revenue beat(2)-3.4%
Revenue beat(4)0
Avg Revenue beat(4)-3.11%
Min Revenue beat(4)-4.54%
Max Revenue beat(4)-1.75%
Revenue beat(8)0
Avg Revenue beat(8)-2.62%
Revenue beat(12)1
Avg Revenue beat(12)-1.79%
Revenue beat(16)1
Avg Revenue beat(16)-4.78%
PT rev (1m)-7.58%
PT rev (3m)-5.4%
EPS NQ rev (1m)-10.44%
EPS NQ rev (3m)-10.28%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)1.71%
Revenue NQ rev (1m)-1.77%
Revenue NQ rev (3m)-1.44%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.05 | ||
| Fwd PE | 6.75 | ||
| P/S | 0.86 | ||
| P/FCF | N/A | ||
| P/OCF | 4.09 | ||
| P/B | 3.79 | ||
| P/tB | 5.34 | ||
| EV/EBITDA | 8.62 |
EPS(TTM)2.04
EY11.05%
EPS(NY)2.74
Fwd EY14.82%
FCF(TTM)-2.3
FCFYN/A
OCF(TTM)4.51
OCFY24.43%
SpS21.53
BVpS4.87
TBVpS3.46
PEG (NY)0.54
PEG (5Y)N/A
Graham Number14.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 30.26% | ||
| ROCE | 9.42% | ||
| ROIC | 7.44% | ||
| ROICexc | 7.52% | ||
| ROICexgc | 7.82% | ||
| OM | 16.39% | ||
| PM (TTM) | 6.85% | ||
| GM | 41.98% | ||
| FCFM | N/A |
ROA(3y)-2.27%
ROA(5y)-10.54%
ROE(3y)-1056.87%
ROE(5y)-689.6%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-0.2%
ROICexc growth 3YN/A
ROICexc growth 5Y2.69%
OM growth 3YN/A
OM growth 5Y-3.24%
PM growth 3YN/A
PM growth 5Y-7.78%
GM growth 3YN/A
GM growth 5Y-1.58%
F-Score5
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.22 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.2 | ||
| Cap/Depr | 296.35% | ||
| Cap/Sales | 31.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.38% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z | 0.34 |
F-Score5
WACC7.73%
ROIC/WACC0.96
Cap/Depr(3y)218.66%
Cap/Depr(5y)176.64%
Cap/Sales(3y)27.26%
Cap/Sales(5y)54.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)48.91%
EPS 3YN/A
EPS 5Y-18.68%
EPS Q2Q%21.21%
EPS Next Y16.82%
EPS Next 2Y22.96%
EPS Next 3Y20.71%
EPS Next 5Y18%
Revenue 1Y (TTM)3.59%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%4.69%
Revenue Next Year6.08%
Revenue Next 2Y8.31%
Revenue Next 3Y8.12%
Revenue Next 5Y7.78%
EBIT growth 1Y15.52%
EBIT growth 3YN/A
EBIT growth 5Y4.47%
EBIT Next Year80.49%
EBIT Next 3Y31.91%
EBIT Next 5Y21.72%
FCF growth 1Y-276.68%
FCF growth 3YN/A
FCF growth 5Y35.24%
OCF growth 1Y2.35%
OCF growth 3YN/A
OCF growth 5Y2.38%
NORWEGIAN CRUISE LINE HOLDIN / NCLH FAQ
What is the ChartMill fundamental rating of NORWEGIAN CRUISE LINE HOLDIN (NCLH) stock?
ChartMill assigns a fundamental rating of 3 / 10 to NCLH.
What is the valuation status for NCLH stock?
ChartMill assigns a valuation rating of 7 / 10 to NORWEGIAN CRUISE LINE HOLDIN (NCLH). This can be considered as Undervalued.
Can you provide the profitability details for NORWEGIAN CRUISE LINE HOLDIN?
NORWEGIAN CRUISE LINE HOLDIN (NCLH) has a profitability rating of 4 / 10.
Can you provide the financial health for NCLH stock?
The financial health rating of NORWEGIAN CRUISE LINE HOLDIN (NCLH) is 0 / 10.
What is the earnings growth outlook for NORWEGIAN CRUISE LINE HOLDIN?
The Earnings per Share (EPS) of NORWEGIAN CRUISE LINE HOLDIN (NCLH) is expected to grow by 16.82% in the next year.