NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NCLH - BMG667211046 - Common Stock
18.92 USD
+0.12 (+0.64%)
18.9698 USD
+0.05 (+0.26%)
Overall NCLH gets a fundamental rating of 3 out of 10. We evaluated NCLH against 131 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
NCLH had positive earnings in the past year.
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
With a Return On Assets value of 2.99%, NCLH perfoms like the industry average, outperforming 52.27% of the companies in the same industry.
The Return On Equity of NCLH (30.26%) is better than 82.58% of its industry peers.
With a decent Return On Invested Capital value of 7.44%, NCLH is doing good in the industry, outperforming 61.36% of the companies in the same industry.
| 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 62.12% of the companies in the same industry.
In the last couple of years the Profit Margin of NCLH has declined.
With a decent Operating Margin value of 16.39%, NCLH is doing good in the industry, outperforming 71.97% 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 60.61% of its industry peers.
NCLH's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NCLH is destroying value.
The number of shares outstanding for NCLH has been increased compared to 1 year ago.
Compared to 5 years ago, NCLH has more shares outstanding
The debt/assets ratio for NCLH has been reduced compared to a year ago.
2.2 Solvency
NCLH has an Altman-Z score of 0.35. This is a bad value and indicates that NCLH is not financially healthy and even has some risk of bankruptcy.
NCLH's Altman-Z score of 0.35 is on the low side compared to the rest of the industry. NCLH is outperformed by 78.03% of its industry peers.
NCLH has a Debt/Equity ratio of 6.22. This is a high value indicating a heavy dependency on external financing.
NCLH has a worse Debt to Equity ratio (6.22) than 62.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.35 |
ROIC/WACC0.95
WACC7.85%
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 96.97% of its industry peers.
A Quick Ratio of 0.17 indicates that NCLH may have some problems paying its short term obligations.
NCLH has a Quick ratio of 0.17. This is amonst the worse of the industry: NCLH underperforms 96.97% of its industry peers.
| 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.
The earnings per share for NCLH have been decreasing by -18.68% on average. This is quite bad
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
NCLH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.94% yearly.
Based on estimates for the next years, NCLH will show a small growth in Revenue. The Revenue will grow by 7.52% on average per year.
EPS Next Y16.86%
EPS Next 2Y21.84%
EPS Next 3Y19.51%
EPS Next 5Y17.94%
Revenue Next Year4.76%
Revenue Next 2Y7.72%
Revenue Next 3Y7.38%
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.
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
NCLH is valuated reasonably with a Price/Earnings ratio of 9.27.
Compared to the rest of the industry, the Price/Earnings ratio of NCLH indicates a rather cheap valuation: NCLH is cheaper than 92.42% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of NCLH to the average of the S&P500 Index (26.49), we can say NCLH is valued rather cheaply.
NCLH is valuated cheaply with a Price/Forward Earnings ratio of 7.04.
95.45% of the companies in the same industry are more expensive than NCLH, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NCLH to the average of the S&P500 Index (23.69), we can say NCLH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.27 | ||
| Fwd PE | 7.04 |
4.2 Price Multiples
NCLH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NCLH is cheaper than 71.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.76 |
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.
A more expensive valuation may be justified as NCLH's earnings are expected to grow with 19.51% in the coming years.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y21.84%
EPS Next 3Y19.51%
5. Dividend
5.1 Amount
NCLH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.92
+0.12 (+0.64%)
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 Change0.34%
Market Cap8.61B
Revenue(TTM)9.69B
Net Income(TTM)663.53M
Analysts80.65
Price Target28.46 (50.42%)
Short Float %8.24%
Short Ratio2.39
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)-8.49%
PT rev (3m)-6.97%
EPS NQ rev (1m)-1.93%
EPS NQ rev (3m)-11.19%
EPS NY rev (1m)0.03%
EPS NY rev (3m)1.74%
Revenue NQ rev (1m)-0.71%
Revenue NQ rev (3m)-1.6%
Revenue NY rev (1m)-1.25%
Revenue NY rev (3m)-1.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.27 | ||
| Fwd PE | 7.04 | ||
| P/S | 0.89 | ||
| P/FCF | N/A | ||
| P/OCF | 4.24 | ||
| P/B | 3.93 | ||
| P/tB | 5.53 | ||
| EV/EBITDA | 8.76 |
EPS(TTM)2.04
EY10.78%
EPS(NY)2.69
Fwd EY14.2%
FCF(TTM)-2.27
FCFYN/A
OCF(TTM)4.46
OCFY23.57%
SpS21.29
BVpS4.82
TBVpS3.42
PEG (NY)0.55
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 | 0.35 |
F-Score5
WACC7.85%
ROIC/WACC0.95
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 Y16.86%
EPS Next 2Y21.84%
EPS Next 3Y19.51%
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 2Y7.72%
Revenue Next 3Y7.38%
Revenue Next 5Y7.52%
EBIT growth 1Y15.52%
EBIT growth 3YN/A
EBIT growth 5Y4.47%
EBIT Next Year79.71%
EBIT Next 3Y30.66%
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 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 16.86% in the next year.