NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Fundamental Analysis
NYSE:NCLH - New York Stock Exchange, Inc. - BMG667211046 - Common Stock - Currency: USD
NCLH gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 131 industry peers in the Hotels, Restaurants & Leisure industry. There are concerns on the financial health of NCLH while its profitability can be described as average. NCLH is not valued too expensively and it also shows a decent 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.
In multiple years NCLH reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.99%, NCLH is doing good in the industry, outperforming 61.07% of the companies in the same industry.
NCLH's Return On Equity of 60.19% is amongst the best of the industry. NCLH outperforms 95.42% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.50%, NCLH is in the better half of the industry, outperforming 61.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.99% | ||
| ROE | 60.19% | ||
| ROIC | 7.5% |
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 9.05%, NCLH is doing good in the industry, outperforming 69.47% of the companies in the same industry.
NCLH's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 15.38%, NCLH is in the better half of the industry, outperforming 67.94% of the companies in the same industry.
In the last couple of years the Operating Margin of NCLH has declined.
NCLH's Gross Margin of 40.47% is on the low side compared to the rest of the industry. NCLH is outperformed by 61.83% of its industry peers.
NCLH's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.38% | ||
| PM (TTM) | 9.05% | ||
| GM | 40.47% |
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.
NCLH has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NCLH has more shares outstanding
Compared to 1 year ago, NCLH has an improved debt to assets ratio.
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.
Looking at the Altman-Z score, with a value of 0.32, NCLH is doing worse than 83.21% of the companies in the same industry.
A Debt/Equity ratio of 9.09 is on the high side and indicates that NCLH has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 9.09, NCLH is doing worse than 65.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.32 |
ROIC/WACC0.89
WACC8.46%
2.3 Liquidity
A Current Ratio of 0.19 indicates that NCLH may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.19, NCLH is doing worse than 97.71% of the companies in the same industry.
A Quick Ratio of 0.16 indicates that NCLH may have some problems paying its short term obligations.
NCLH has a worse Quick ratio (0.16) than 96.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.16 |
3. Growth
3.1 Past
NCLH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 60.53%, which is quite impressive.
The earnings per share for NCLH have been decreasing by -18.68% on average. This is quite bad
The Revenue has grown by 10.87% in the past year. This is quite good.
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)10.87%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%6.11%
3.2 Future
The Earnings Per Share is expected to grow by 19.70% on average over the next years. This is quite good.
NCLH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.40% yearly.
EPS Next Y14.24%
EPS Next 2Y17.86%
EPS Next 3Y17.62%
EPS Next 5Y19.7%
Revenue Next Year6.39%
Revenue Next 2Y8.24%
Revenue Next 3Y8.25%
Revenue Next 5Y8.4%
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
With a Price/Earnings ratio of 13.70, NCLH is valued correctly.
87.79% of the companies in the same industry are more expensive than NCLH, based on the Price/Earnings ratio.
NCLH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.82.
Based on the Price/Forward Earnings ratio of 9.97, the valuation of NCLH can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NCLH indicates a rather cheap valuation: NCLH is cheaper than 87.79% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.21. NCLH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 9.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NCLH is valued a bit cheaper than the industry average as 67.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.2 |
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 17.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.96
PEG (5Y)N/A
EPS Next 2Y17.86%
EPS Next 3Y17.62%
5. Dividend
5.1 Amount
NCLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:NCLH (8/4/2025, 1:06:05 PM)
25.08
+0.58 (+2.37%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners80.24%
Inst Owner Change-0.05%
Ins Owners0.35%
Ins Owner Change1.31%
Market Cap11.21B
Analysts80
Price Target25.9 (3.27%)
Short Float %6.55%
Short Ratio2.01
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)58.89%
Min EPS beat(2)-24.41%
Max EPS beat(2)142.19%
EPS beat(4)3
Avg EPS beat(4)33.38%
Min EPS beat(4)-24.41%
Max EPS beat(4)142.19%
EPS beat(8)6
Avg EPS beat(8)20.04%
EPS beat(12)8
Avg EPS beat(12)12.42%
EPS beat(16)9
Avg EPS beat(16)7.19%
Revenue beat(2)0
Avg Revenue beat(2)-2.26%
Min Revenue beat(2)-2.76%
Max Revenue beat(2)-1.75%
Revenue beat(4)0
Avg Revenue beat(4)-1.9%
Min Revenue beat(4)-2.76%
Max Revenue beat(4)-0.69%
Revenue beat(8)0
Avg Revenue beat(8)-1.88%
Revenue beat(12)1
Avg Revenue beat(12)-1.79%
Revenue beat(16)1
Avg Revenue beat(16)-9.37%
PT rev (1m)3.65%
PT rev (3m)-8.16%
EPS NQ rev (1m)1.3%
EPS NQ rev (3m)-1.27%
EPS NY rev (1m)-0.56%
EPS NY rev (3m)-2.03%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)-1.21%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 9.97 | ||
| P/S | 1.19 | ||
| P/FCF | N/A | ||
| P/OCF | 5.83 | ||
| P/B | 7.91 | ||
| P/tB | 14.36 | ||
| EV/EBITDA | 10.2 |
EPS(TTM)1.83
EY7.3%
EPS(NY)2.51
Fwd EY10.03%
FCF(TTM)-1.24
FCFYN/A
OCF(TTM)4.3
OCFY17.15%
SpS21.07
BVpS3.17
TBVpS1.75
PEG (NY)0.96
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.99% | ||
| ROE | 60.19% | ||
| ROCE | 9.49% | ||
| ROIC | 7.5% | ||
| ROICexc | 7.59% | ||
| ROICexgc | 7.92% | ||
| OM | 15.38% | ||
| PM (TTM) | 9.05% | ||
| GM | 40.47% | ||
| 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-Score7
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.09 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.3 | ||
| Cap/Depr | 253.06% | ||
| Cap/Sales | 26.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.17% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.16 | ||
| Altman-Z | 0.32 |
F-Score7
WACC8.46%
ROIC/WACC0.89
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 Y14.24%
EPS Next 2Y17.86%
EPS Next 3Y17.62%
EPS Next 5Y19.7%
Revenue 1Y (TTM)10.87%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%6.11%
Revenue Next Year6.39%
Revenue Next 2Y8.24%
Revenue Next 3Y8.25%
Revenue Next 5Y8.4%
EBIT growth 1Y27.22%
EBIT growth 3YN/A
EBIT growth 5Y4.47%
EBIT Next Year79.91%
EBIT Next 3Y30.5%
EBIT Next 5Y21%
FCF growth 1Y28.05%
FCF growth 3YN/A
FCF growth 5Y35.24%
OCF growth 1Y77.25%
OCF growth 3YN/A
OCF growth 5Y2.38%