NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Fundamental Analysis
USA - NYSE:NCLH - BMG667211046 - Common Stock
18.82 USD
-0.22 (-1.16%)
18.86 USD
+0.04 (+0.21%)
We assign a fundamental rating of 3 out of 10 to NCLH. 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
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
NCLH has a Return On Assets of 2.99%. This is comparable to the rest of the industry: NCLH outperforms 53.03% of its industry peers.
With an excellent Return On Equity value of 30.26%, NCLH belongs to the best of the industry, outperforming 82.58% of the companies in the same industry.
The Return On Invested Capital of NCLH (7.44%) is better than 61.36% of its industry peers.
| 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
Looking at the Profit Margin, with a value of 6.85%, NCLH is in the better half of the industry, outperforming 61.36% 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 (16.39%) than 70.45% of its industry peers.
NCLH's Operating Margin has declined in the last couple of years.
The Gross Margin of NCLH (41.98%) is comparable to the rest of the 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
NCLH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
NCLH has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NCLH has more shares outstanding
NCLH has a better debt/assets ratio than last year.
2.2 Solvency
NCLH has an Altman-Z score of 0.34. 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 (0.34) than 78.03% of its industry peers.
A Debt/Equity ratio of 6.22 is on the high side and indicates that NCLH has dependencies on debt financing.
NCLH has a Debt to Equity ratio of 6.22. This is in the lower half of the industry: NCLH underperforms 62.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.34 |
ROIC/WACC0.98
WACC7.57%
2.3 Liquidity
NCLH has a Current Ratio of 0.19. 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 has a Current ratio of 0.19. This is amonst the worse of the industry: NCLH underperforms 95.45% of its industry peers.
A Quick Ratio of 0.17 indicates that NCLH may have some problems paying its short term obligations.
With a Quick ratio value of 0.17, NCLH is not doing good in the industry: 94.70% of the companies in the same industry are doing better.
| 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.
Looking at the last year, NCLH shows a small growth in Revenue. The Revenue has grown by 3.59% 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)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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.23, the valuation of NCLH can be described as reasonable.
Based on the Price/Earnings ratio, NCLH is valued cheaper than 92.42% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.35. NCLH is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.88 indicates a rather cheap valuation of NCLH.
93.94% of the companies in the same industry are more expensive than NCLH, based on the Price/Forward Earnings ratio.
NCLH is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.23 | ||
| Fwd PE | 6.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NCLH is valued a bit cheaper than 69.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.74 |
4.3 Compensation for Growth
The 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 20.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
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 |
18.82
-0.22 (-1.16%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners79.35%
Inst Owner Change-0.13%
Ins Owners0.31%
Ins Owner Change0.15%
Market Cap8.47B
Revenue(TTM)9.69B
Net Income(TTM)663.53M
Analysts80
Price Target31.1 (65.25%)
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)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)0.33%
PT rev (3m)4.01%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)-0.95%
EPS NY rev (1m)1.14%
EPS NY rev (3m)2.26%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-0.65%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.23 | ||
| Fwd PE | 6.88 | ||
| P/S | 0.87 | ||
| P/FCF | N/A | ||
| P/OCF | 4.17 | ||
| P/B | 3.86 | ||
| P/tB | 5.44 | ||
| EV/EBITDA | 8.74 |
EPS(TTM)2.04
EY10.84%
EPS(NY)2.74
Fwd EY14.54%
FCF(TTM)-2.3
FCFYN/A
OCF(TTM)4.51
OCFY23.96%
SpS21.53
BVpS4.87
TBVpS3.46
PEG (NY)0.55
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
WACC7.57%
ROIC/WACC0.98
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.