NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Fundamental Analysis
USA - NYSE:NCLH - BMG667211046 - Common Stock
22.42 USD
+0.2 (+0.9%)
22.3901 USD
-0.03 (-0.13%)
Taking everything into account, NCLH scores 3 out of 10 in our fundamental rating. NCLH was compared to 133 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year NCLH was profitable.
In the past year NCLH had a positive cash flow from operations.
In multiple years NCLH reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: NCLH reported negative operating cash flow in multiple years.
1.2 Ratios
NCLH has a Return On Assets of 3.33%. This is comparable to the rest of the industry: NCLH outperforms 55.64% of its industry peers.
NCLH's Return On Equity of 45.82% is amongst the best of the industry. NCLH outperforms 89.47% of its industry peers.
NCLH's Return On Invested Capital of 7.95% is fine compared to the rest of the industry. NCLH outperforms 63.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.33% | ||
| ROE | 45.82% | ||
| ROIC | 7.95% |
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
NCLH has a better Profit Margin (7.52%) than 63.91% of its industry peers.
NCLH's Profit Margin has declined in the last couple of years.
NCLH has a Operating Margin of 16.01%. This is in the better half of the industry: NCLH outperforms 69.17% of its industry peers.
NCLH's Operating Margin has declined in the last couple of years.
The Gross Margin of NCLH (41.35%) is worse than 61.65% of its industry peers.
In the last couple of years the Gross Margin of NCLH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.01% | ||
| PM (TTM) | 7.52% | ||
| GM | 41.35% |
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) just above the Cost of Capital (WACC), NCLH is creating some value.
The number of shares outstanding for NCLH has been increased compared to 1 year ago.
NCLH has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NCLH has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.30, we must say that NCLH is in the distress zone and has some risk of bankruptcy.
NCLH's Altman-Z score of 0.30 is on the low side compared to the rest of the industry. NCLH is outperformed by 80.45% of its industry peers.
NCLH has a Debt/Equity ratio of 8.05. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 8.05, NCLH is doing worse than 65.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.05 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.3 |
ROIC/WACC1.03
WACC7.71%
2.3 Liquidity
NCLH has a Current Ratio of 0.18. This is a bad value and indicates that NCLH is not financially healthy enough and could expect problems in meeting its short term obligations.
NCLH's Current ratio of 0.18 is on the low side compared to the rest of the industry. NCLH is outperformed by 96.24% of its industry peers.
NCLH has a Quick Ratio of 0.18. This is a bad value and indicates that NCLH is not financially healthy enough and could expect problems in meeting its short term obligations.
NCLH's Quick ratio of 0.16 is on the low side compared to the rest of the industry. NCLH is outperformed by 95.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 60.53% over the past year.
NCLH shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.68% yearly.
Looking at the last year, NCLH shows a small growth in Revenue. The Revenue has grown by 5.23% in the last year.
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)60.53%
EPS 3YN/A
EPS 5Y-18.68%
EPS Q2Q%27.5%
Revenue 1Y (TTM)5.23%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%6.11%
3.2 Future
NCLH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.36% yearly.
Based on estimates for the next years, NCLH will show a small growth in Revenue. The Revenue will grow by 7.78% on average per year.
EPS Next Y16.88%
EPS Next 2Y22.75%
EPS Next 3Y20.46%
EPS Next 5Y17.36%
Revenue Next Year6.09%
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
NCLH is valuated correctly with a Price/Earnings ratio of 12.25.
84.96% of the companies in the same industry are more expensive than NCLH, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.10. NCLH is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.22 indicates a reasonable valuation of NCLH.
91.73% of the companies in the same industry are more expensive than NCLH, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.52, NCLH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.25 | ||
| Fwd PE | 8.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NCLH is valued a bit cheaper than 67.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.32 |
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.
NCLH's earnings are expected to grow with 20.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.73
PEG (5Y)N/A
EPS Next 2Y22.75%
EPS Next 3Y20.46%
5. Dividend
5.1 Amount
NCLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.42
+0.2 (+0.9%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners79.35%
Inst Owner Change0.12%
Ins Owners0.31%
Ins Owner Change0.03%
Market Cap10.09B
Revenue(TTM)9.56B
Net Income(TTM)719.16M
Analysts80
Price Target31.1 (38.72%)
Short Float %7.46%
Short Ratio2.36
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)0
Avg EPS beat(2)-13.74%
Min EPS beat(2)-24.41%
Max EPS beat(2)-3.06%
EPS beat(4)2
Avg EPS beat(4)29.42%
Min EPS beat(4)-24.41%
Max EPS beat(4)142.19%
EPS beat(8)5
Avg EPS beat(8)18.33%
EPS beat(12)8
Avg EPS beat(12)14.68%
EPS beat(16)8
Avg EPS beat(16)6.75%
Revenue beat(2)0
Avg Revenue beat(2)-3.08%
Min Revenue beat(2)-3.4%
Max Revenue beat(2)-2.76%
Revenue beat(4)0
Avg Revenue beat(4)-2.15%
Min Revenue beat(4)-3.4%
Max Revenue beat(4)-0.69%
Revenue beat(8)0
Avg Revenue beat(8)-2.26%
Revenue beat(12)1
Avg Revenue beat(12)-1.42%
Revenue beat(16)1
Avg Revenue beat(16)-6.02%
PT rev (1m)0.66%
PT rev (3m)19.71%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)-2.19%
EPS NY rev (1m)1.19%
EPS NY rev (3m)2.31%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)-1.12%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.25 | ||
| Fwd PE | 8.22 | ||
| P/S | 1.06 | ||
| P/FCF | N/A | ||
| P/OCF | 5.13 | ||
| P/B | 6.43 | ||
| P/tB | 10.81 | ||
| EV/EBITDA | 9.32 |
EPS(TTM)1.83
EY8.16%
EPS(NY)2.73
Fwd EY12.17%
FCF(TTM)-1.12
FCFYN/A
OCF(TTM)4.37
OCFY19.48%
SpS21.24
BVpS3.49
TBVpS2.07
PEG (NY)0.73
PEG (5Y)N/A
Graham Number11.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.33% | ||
| ROE | 45.82% | ||
| ROCE | 10.07% | ||
| ROIC | 7.95% | ||
| ROICexc | 8.05% | ||
| ROICexgc | 8.4% | ||
| OM | 16.01% | ||
| PM (TTM) | 7.52% | ||
| GM | 41.35% | ||
| 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-Score6
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.05 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.99 | ||
| Cap/Depr | 246.92% | ||
| Cap/Sales | 25.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.66% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.16 | ||
| Altman-Z | 0.3 |
F-Score6
WACC7.71%
ROIC/WACC1.03
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)60.53%
EPS 3YN/A
EPS 5Y-18.68%
EPS Q2Q%27.5%
EPS Next Y16.88%
EPS Next 2Y22.75%
EPS Next 3Y20.46%
EPS Next 5Y17.36%
Revenue 1Y (TTM)5.23%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%6.11%
Revenue Next Year6.09%
Revenue Next 2Y8.31%
Revenue Next 3Y8.12%
Revenue Next 5Y7.78%
EBIT growth 1Y26.76%
EBIT growth 3YN/A
EBIT growth 5Y4.47%
EBIT Next Year80.49%
EBIT Next 3Y31.91%
EBIT Next 5Y21.72%
FCF growth 1Y12.48%
FCF growth 3YN/A
FCF growth 5Y35.24%
OCF growth 1Y5.95%
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 6 / 10 to NORWEGIAN CRUISE LINE HOLDIN (NCLH). This can be considered as Fairly Valued.
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 1 / 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 16.88% in the next year.