NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Fundamental Analysis
USA - NYSE:NCLH - BMG667211046 - Common Stock
25.52 USD
-0.06 (-0.23%)
Overall NCLH gets a fundamental rating of 3 out of 10. We evaluated NCLH against 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.
NCLH had a positive operating cash flow in the past year.
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
The Return On Assets of NCLH (3.33%) is comparable to the rest of the industry.
The Return On Equity of NCLH (45.82%) is better than 92.48% 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
With a decent Profit Margin value of 7.52%, NCLH is doing good in the industry, outperforming 63.91% of the companies in the same industry.
In the last couple of years the Profit Margin of NCLH has declined.
NCLH has a better Operating Margin (16.01%) than 69.17% of its industry peers.
In the last couple of years the Operating Margin of NCLH has declined.
With a Gross Margin value of 41.35%, NCLH is not doing good in the industry: 62.41% of the companies in the same industry are doing better.
NCLH's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NCLH is destroying value.
Compared to 1 year ago, NCLH has more shares outstanding
The number of shares outstanding for NCLH has been increased compared to 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 0.34, we must say that NCLH is in the distress zone and has some risk of bankruptcy.
NCLH has a worse Altman-Z score (0.34) than 81.95% 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.
The Debt to Equity ratio of NCLH (8.05) is worse than 65.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.05 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.34 |
ROIC/WACC0.93
WACC8.58%
2.3 Liquidity
A Current Ratio of 0.18 indicates that NCLH may have some problems paying its short term obligations.
NCLH has a Current ratio of 0.18. This is amonst the worse of the industry: NCLH underperforms 97.74% 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.
The Quick ratio of NCLH (0.16) is worse than 96.99% 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.
Measured over the past years, NCLH shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.68% on average per year.
NCLH shows a small growth in Revenue. In the last year, the Revenue has grown by 5.23%.
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
Based on estimates for the next years, NCLH will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.36% on average per year.
The Revenue is expected to grow by 7.78% on average over the next years.
EPS Next Y14.86%
EPS Next 2Y19.63%
EPS Next 3Y19.18%
EPS Next 5Y17.36%
Revenue Next Year6.07%
Revenue Next 2Y8.27%
Revenue Next 3Y8.29%
Revenue Next 5Y7.78%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 13.95.
84.21% 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 27.20. NCLH is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 9.85, which indicates a very decent valuation of NCLH.
Based on the Price/Forward Earnings ratio, NCLH is valued cheaply inside the industry as 90.23% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of NCLH to the average of the S&P500 Index (22.71), we can say NCLH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.95 | ||
| Fwd PE | 9.85 |
4.2 Price Multiples
68.42% 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 | 9.91 |
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 19.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.94
PEG (5Y)N/A
EPS Next 2Y19.63%
EPS Next 3Y19.18%
5. Dividend
5.1 Amount
NCLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:NCLH (9/17/2025, 3:18:10 PM)
25.52
-0.06 (-0.23%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners80.84%
Inst Owner Change0.23%
Ins Owners0.35%
Ins Owner Change0.03%
Market Cap11.49B
Analysts80
Price Target30.8 (20.69%)
Short Float %5.59%
Short Ratio1.62
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)2.98%
PT rev (3m)23.65%
EPS NQ rev (1m)-0.17%
EPS NQ rev (3m)-3.06%
EPS NY rev (1m)0.54%
EPS NY rev (3m)-0.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.06%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.95 | ||
| Fwd PE | 9.85 | ||
| P/S | 1.2 | ||
| P/FCF | N/A | ||
| P/OCF | 5.84 | ||
| P/B | 7.32 | ||
| P/tB | 12.31 | ||
| EV/EBITDA | 9.91 |
EPS(TTM)1.83
EY7.17%
EPS(NY)2.59
Fwd EY10.15%
FCF(TTM)-1.12
FCFYN/A
OCF(TTM)4.37
OCFY17.11%
SpS21.24
BVpS3.49
TBVpS2.07
PEG (NY)0.94
PEG (5Y)N/A
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
ROICexcg growth 3YN/A
ROICexcg 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 | 0.34 |
F-Score6
WACC8.58%
ROIC/WACC0.93
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 Y14.86%
EPS Next 2Y19.63%
EPS Next 3Y19.18%
EPS Next 5Y17.36%
Revenue 1Y (TTM)5.23%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%6.11%
Revenue Next Year6.07%
Revenue Next 2Y8.27%
Revenue Next 3Y8.29%
Revenue Next 5Y7.78%
EBIT growth 1Y26.76%
EBIT growth 3YN/A
EBIT growth 5Y4.47%
EBIT Next Year80.23%
EBIT Next 3Y31.66%
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%