NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Fundamental Analysis
USA - NYSE:NCLH - BMG667211046 - Common Stock
23.83 USD
-0.07 (-0.29%)
Taking everything into account, NCLH scores 3 out of 10 in our fundamental rating. NCLH was compared to 135 industry peers in the Hotels, Restaurants & Leisure industry. While NCLH is still in line with the averages on profitability rating, there are concerns on its financial health. NCLH is not valued too expensively and it also shows a decent growth rate.
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.
The reported net income has been mixed in the past 5 years: NCLH reported negative net income in multiple years.
In multiple years NCLH reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of 3.33%, NCLH perfoms like the industry average, outperforming 56.30% of the companies in the same industry.
With an excellent Return On Equity value of 45.82%, NCLH belongs to the best of the industry, outperforming 91.11% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.95%, NCLH is doing good in the industry, outperforming 64.44% of the companies in the same industry.
| 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
Looking at the Profit Margin, with a value of 7.52%, NCLH is in the better half of the industry, outperforming 64.44% of the companies in the same industry.
NCLH's Profit Margin has declined in the last couple of years.
NCLH has a better Operating Margin (16.01%) than 69.63% of its industry peers.
NCLH's Operating Margin has declined in the last couple of years.
NCLH has a Gross Margin of 41.35%. This is in the lower half of the industry: NCLH underperforms 61.48% 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.
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.
NCLH has a better debt/assets ratio than last year.
2.2 Solvency
NCLH has an Altman-Z score of 0.32. This is a bad value and indicates that NCLH is not financially healthy and even has some risk of bankruptcy.
NCLH has a worse Altman-Z score (0.32) than 80.74% of its industry peers.
A Debt/Equity ratio of 8.05 is on the high side and indicates that NCLH has dependencies on debt financing.
NCLH has a worse Debt to Equity ratio (8.05) than 65.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.05 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.32 |
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 97.04% 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 96.30% 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.
The earnings per share for NCLH have been decreasing by -18.68% on average. This is quite bad
The Revenue has been growing slightly by 5.23% in the past year.
NCLH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.96% yearly.
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.
NCLH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.78% yearly.
EPS Next Y15.51%
EPS Next 2Y21.28%
EPS Next 3Y20.01%
EPS Next 5Y17.36%
Revenue Next Year6.06%
Revenue Next 2Y8.24%
Revenue Next 3Y8.1%
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
The Price/Earnings ratio is 13.02, which indicates a correct valuation of NCLH.
Based on the Price/Earnings ratio, NCLH is valued cheaper than 85.93% of the companies in the same industry.
NCLH is valuated cheaply when we compare the Price/Earnings ratio to 27.76, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.95, which indicates a very decent valuation of NCLH.
Based on the Price/Forward Earnings ratio, NCLH is valued cheaply inside the industry as 91.11% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.21. NCLH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.02 | ||
| Fwd PE | 8.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NCLH is valued a bit cheaper than the industry average as 68.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.62 |
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.
NCLH's earnings are expected to grow with 20.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y21.28%
EPS Next 3Y20.01%
5. Dividend
5.1 Amount
NCLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:NCLH (10/8/2025, 10:12:10 AM)
23.83
-0.07 (-0.29%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners79.35%
Inst Owner Change0%
Ins Owners0.31%
Ins Owner Change0.03%
Market Cap10.73B
Analysts80
Price Target31 (30.09%)
Short Float %7.77%
Short Ratio2.28
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)2.36%
PT rev (3m)24.09%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)-3.08%
EPS NY rev (1m)0.56%
EPS NY rev (3m)0.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.09%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.02 | ||
| Fwd PE | 8.95 | ||
| P/S | 1.12 | ||
| P/FCF | N/A | ||
| P/OCF | 5.46 | ||
| P/B | 6.83 | ||
| P/tB | 11.49 | ||
| EV/EBITDA | 9.62 |
EPS(TTM)1.83
EY7.68%
EPS(NY)2.66
Fwd EY11.17%
FCF(TTM)-1.12
FCFYN/A
OCF(TTM)4.37
OCFY18.33%
SpS21.24
BVpS3.49
TBVpS2.07
PEG (NY)0.84
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 | 0.32 |
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 Y15.51%
EPS Next 2Y21.28%
EPS Next 3Y20.01%
EPS Next 5Y17.36%
Revenue 1Y (TTM)5.23%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%6.11%
Revenue Next Year6.06%
Revenue Next 2Y8.24%
Revenue Next 3Y8.1%
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%