NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NCLH - BMG667211046 - Common Stock
22.81 USD
-0.36 (-1.55%)
22.68 USD
-0.13 (-0.57%)
Overall NCLH gets a fundamental rating of 3 out of 10. We evaluated NCLH against 133 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.
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
NCLH's Return On Assets of 2.99% is in line compared to the rest of the industry. NCLH outperforms 54.14% of its industry peers.
Looking at the Return On Equity, with a value of 30.26%, NCLH belongs to the top of the industry, outperforming 82.71% of the companies in the same industry.
NCLH has a Return On Invested Capital of 7.44%. This is in the better half of the industry: NCLH outperforms 61.65% 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 63.91% 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 16.39%, NCLH is in the better half of the industry, outperforming 72.18% 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 41.98% is on the low side compared to the rest of the industry. NCLH is outperformed by 60.90% of its industry peers.
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.
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
Based on the Altman-Z score of 0.40, we must say that NCLH is in the distress zone and has some risk of bankruptcy.
NCLH has a worse Altman-Z score (0.40) than 77.44% 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.
The Debt to Equity ratio of NCLH (6.22) is worse than 62.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.4 |
ROIC/WACC0.91
WACC8.19%
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's Current ratio of 0.19 is on the low side compared to the rest of the industry. NCLH is outperformed by 93.23% of its industry peers.
NCLH has a Quick 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.
With a Quick ratio value of 0.17, NCLH is not doing good in the industry: 92.48% 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.
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.
Looking at the last year, NCLH shows a small growth in Revenue. The Revenue has grown by 3.59% in the last year.
The Revenue has been growing slightly by 7.96% on average over the past years.
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 17.94% on average per year.
NCLH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.52% yearly.
EPS Next Y16.87%
EPS Next 2Y21.38%
EPS Next 3Y19.07%
EPS Next 5Y17.94%
Revenue Next Year4.76%
Revenue Next 2Y7.47%
Revenue Next 3Y7.22%
Revenue Next 5Y7.52%
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
The Price/Earnings ratio is 11.18, which indicates a very decent valuation of NCLH.
Based on the Price/Earnings ratio, NCLH is valued cheaper than 90.23% of the companies in the same industry.
When comparing the Price/Earnings ratio of NCLH to the average of the S&P500 Index (26.92), we can say NCLH is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.55, the valuation of NCLH can be described as very reasonable.
Based on the Price/Forward Earnings ratio, NCLH is valued cheaply inside the industry as 93.23% of the companies are valued more expensively.
NCLH is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.18 | ||
| Fwd PE | 8.55 |
4.2 Price Multiples
69.92% 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 | 9.43 |
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 19.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.66
PEG (5Y)N/A
EPS Next 2Y21.38%
EPS Next 3Y19.07%
5. Dividend
5.1 Amount
NCLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
22.81
-0.36 (-1.55%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners84.54%
Inst Owner Change5.98%
Ins Owners0.33%
Ins Owner Change0.32%
Market Cap10.38B
Revenue(TTM)9.69B
Net Income(TTM)663.53M
Analysts80.65
Price Target27.91 (22.36%)
Short Float %8.04%
Short Ratio2.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-2.6%
PT rev (3m)-9.39%
EPS NQ rev (1m)-0.36%
EPS NQ rev (3m)-12.29%
EPS NY rev (1m)0.04%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.6%
Revenue NY rev (1m)-1.25%
Revenue NY rev (3m)-1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.18 | ||
| Fwd PE | 8.55 | ||
| P/S | 1.07 | ||
| P/FCF | N/A | ||
| P/OCF | 5.12 | ||
| P/B | 4.74 | ||
| P/tB | 6.67 | ||
| EV/EBITDA | 9.43 |
EPS(TTM)2.04
EY8.94%
EPS(NY)2.67
Fwd EY11.69%
FCF(TTM)-2.27
FCFYN/A
OCF(TTM)4.46
OCFY19.55%
SpS21.29
BVpS4.82
TBVpS3.42
PEG (NY)0.66
PEG (5Y)N/A
Graham Number14.87
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 | 0.4 |
F-Score5
WACC8.19%
ROIC/WACC0.91
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 Y16.87%
EPS Next 2Y21.38%
EPS Next 3Y19.07%
EPS Next 5Y17.94%
Revenue 1Y (TTM)3.59%
Revenue growth 3Y144.57%
Revenue growth 5Y7.96%
Sales Q2Q%4.69%
Revenue Next Year4.76%
Revenue Next 2Y7.47%
Revenue Next 3Y7.22%
Revenue Next 5Y7.52%
EBIT growth 1Y15.52%
EBIT growth 3YN/A
EBIT growth 5Y4.47%
EBIT Next Year79.71%
EBIT Next 3Y30.51%
EBIT Next 5Y21.82%
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 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 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 16.87% in the next year.