VIKING HOLDINGS LTD (VIK) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:VIK • BMG93A5A1010

73.81 USD
-1.89 (-2.5%)
At close: Feb 3, 2026
73.4 USD
-0.41 (-0.56%)
After Hours: 2/3/2026, 8:04:00 PM
Fundamental Rating

4

Taking everything into account, VIK scores 4 out of 10 in our fundamental rating. VIK was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. VIK has a medium profitability rating, but doesn't score so well on its financial health evaluation. VIK shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • VIK had positive earnings in the past year.
  • VIK had a positive operating cash flow in the past year.
VIK Yearly Net Income VS EBIT VS OCF VS FCFVIK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 2024 0 1B -1B 2B

1.2 Ratios

  • VIK has a Return On Assets of 8.22%. This is in the better half of the industry: VIK outperforms 78.79% of its industry peers.
  • The Return On Equity of VIK (117.94%) is better than 97.73% of its industry peers.
  • VIK's Return On Invested Capital of 22.81% is amongst the best of the industry. VIK outperforms 93.94% of its industry peers.
  • VIK had an Average Return On Invested Capital over the past 3 years of 12.90%. This is above the industry average of 10.39%.
  • The last Return On Invested Capital (22.81%) for VIK is above the 3 year average (12.90%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 8.22%
ROE 117.94%
ROIC 22.81%
ROA(3y)-2.34%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)12.9%
ROIC(5y)N/A
VIK Yearly ROA, ROE, ROICVIK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

  • With an excellent Profit Margin value of 15.47%, VIK belongs to the best of the industry, outperforming 87.12% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 22.36%, VIK belongs to the top of the industry, outperforming 84.09% of the companies in the same industry.
  • VIK has a Gross Margin (42.95%) which is in line with its industry peers.
Industry RankSector Rank
OM 22.36%
PM (TTM) 15.47%
GM 42.95%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
VIK Yearly Profit, Operating, Gross MarginsVIK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 0 -50 -100 -150

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2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so VIK is creating value.
  • VIK has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, VIK has an improved debt to assets ratio.
VIK Yearly Shares OutstandingVIK Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 100M 200M 300M 400M
VIK Yearly Total Debt VS Total AssetsVIK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • VIK has a debt to FCF ratio of 8.38. This is a slightly negative value and a sign of low solvency as VIK would need 8.38 years to pay back of all of its debts.
  • VIK has a Debt to FCF ratio of 8.38. This is in the better half of the industry: VIK outperforms 65.91% of its industry peers.
  • VIK has a Debt/Equity ratio of 5.68. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of VIK (5.68) is worse than 62.12% of its industry peers.
Industry RankSector Rank
Debt/Equity 5.68
Debt/FCF 8.38
Altman-Z N/A
ROIC/WACC2.68
WACC8.52%
VIK Yearly LT Debt VS Equity VS FCFVIK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 0 2B -2B 4B -4B

2.3 Liquidity

  • A Current Ratio of 0.63 indicates that VIK may have some problems paying its short term obligations.
  • With a Current ratio value of 0.63, VIK is not doing good in the industry: 68.94% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.61 indicates that VIK may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.61, VIK is not doing good in the industry: 67.42% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.61
VIK Yearly Current Assets VS Current LiabilitesVIK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 1B 2B 3B 4B 5B

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7

3. Growth

3.1 Past

  • VIK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 422.73%, which is quite impressive.
  • VIK shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.04%.
  • VIK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 104.34% yearly.
EPS 1Y (TTM)422.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.21%
Revenue 1Y (TTM)20.04%
Revenue growth 3Y104.35%
Revenue growth 5YN/A
Sales Q2Q%19.12%

3.2 Future

  • The Earnings Per Share is expected to grow by 19.17% on average over the next years. This is quite good.
  • VIK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.70% yearly.
EPS Next Y4.29%
EPS Next 2Y17.96%
EPS Next 3Y19.17%
EPS Next 5YN/A
Revenue Next Year20.17%
Revenue Next 2Y17.34%
Revenue Next 3Y15.86%
Revenue Next 5Y13.7%

3.3 Evolution

  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
VIK Yearly Revenue VS EstimatesVIK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B 8B
VIK Yearly EPS VS EstimatesVIK Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 1 2 3 4

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2

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 31.41 indicates a quite expensive valuation of VIK.
  • Compared to the rest of the industry, the Price/Earnings ratio of VIK is on the same level as its industry peers.
  • VIK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.18.
  • VIK is valuated rather expensively with a Price/Forward Earnings ratio of 22.19.
  • VIK's Price/Forward Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.51, VIK is valued at the same level.
Industry RankSector Rank
PE 31.41
Fwd PE 22.19
VIK Price Earnings VS Forward Price EarningsVIK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, VIK is valued a bit more expensive than 71.21% of the companies in the same industry.
  • VIK's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 48.6
EV/EBITDA 21.96
VIK Per share dataVIK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VIK does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of VIK may justify a higher PE ratio.
  • VIK's earnings are expected to grow with 19.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)7.32
PEG (5Y)N/A
EPS Next 2Y17.96%
EPS Next 3Y19.17%

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0

5. Dividend

5.1 Amount

  • No dividends for VIK!.
Industry RankSector Rank
Dividend Yield 0%

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VIKING HOLDINGS LTD

NYSE:VIK (2/3/2026, 8:04:00 PM)

After market: 73.4 -0.41 (-0.56%)

73.81

-1.89 (-2.5%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-19
Earnings (Next)03-09
Inst Owners100.04%
Inst Owner ChangeN/A
Ins Owners0.89%
Ins Owner ChangeN/A
Market Cap32.74B
Revenue(TTM)6.13B
Net Income(TTM)947.65M
Analysts79.09
Price Target73.94 (0.18%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)0
Avg EPS beat(2)-2.91%
Min EPS beat(2)-4.51%
Max EPS beat(2)-1.31%
EPS beat(4)2
Avg EPS beat(4)10.11%
Min EPS beat(4)-4.51%
Max EPS beat(4)31.08%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.27%
Min Revenue beat(2)-0.71%
Max Revenue beat(2)1.26%
Revenue beat(4)2
Avg Revenue beat(4)1.45%
Min Revenue beat(4)-0.71%
Max Revenue beat(4)5.42%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.06%
PT rev (3m)13.95%
EPS NQ rev (1m)0.53%
EPS NQ rev (3m)-1.33%
EPS NY rev (1m)0.34%
EPS NY rev (3m)-0.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.86%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.37%
Valuation
Industry RankSector Rank
PE 31.41
Fwd PE 22.19
P/S 5.34
P/FCF 48.6
P/OCF 15.64
P/B 40.75
P/tB 40.75
EV/EBITDA 21.96
EPS(TTM)2.35
EY3.18%
EPS(NY)3.33
Fwd EY4.51%
FCF(TTM)1.52
FCFY2.06%
OCF(TTM)4.72
OCFY6.39%
SpS13.81
BVpS1.81
TBVpS1.81
PEG (NY)7.32
PEG (5Y)N/A
Graham Number9.79
Profitability
Industry RankSector Rank
ROA 8.22%
ROE 117.94%
ROCE 25.32%
ROIC 22.81%
ROICexc 52%
ROICexgc 52%
OM 22.36%
PM (TTM) 15.47%
GM 42.95%
FCFM 11%
ROA(3y)-2.34%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)12.9%
ROIC(5y)N/A
ROICexc(3y)22.96%
ROICexc(5y)N/A
ROICexgc(3y)23.53%
ROICexgc(5y)N/A
ROCE(3y)14.33%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 5.68
Debt/FCF 8.38
Debt/EBITDA 2.77
Cap/Depr 511.11%
Cap/Sales 23.17%
Interest Coverage 4.12
Cash Conversion 127.03%
Profit Quality 71.09%
Current Ratio 0.63
Quick Ratio 0.61
Altman-Z N/A
F-Score7
WACC8.52%
ROIC/WACC2.68
Cap/Depr(3y)321.74%
Cap/Depr(5y)N/A
Cap/Sales(3y)20.52%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)422.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%29.21%
EPS Next Y4.29%
EPS Next 2Y17.96%
EPS Next 3Y19.17%
EPS Next 5YN/A
Revenue 1Y (TTM)20.04%
Revenue growth 3Y104.35%
Revenue growth 5YN/A
Sales Q2Q%19.12%
Revenue Next Year20.17%
Revenue Next 2Y17.34%
Revenue Next 3Y15.86%
Revenue Next 5Y13.7%
EBIT growth 1Y36.98%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year65.15%
EBIT Next 3Y31.08%
EBIT Next 5YN/A
FCF growth 1Y23.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y43.19%
OCF growth 3Y43.71%
OCF growth 5YN/A

VIKING HOLDINGS LTD / VIK FAQ

What is the ChartMill fundamental rating of VIKING HOLDINGS LTD (VIK) stock?

ChartMill assigns a fundamental rating of 4 / 10 to VIK.


What is the valuation status of VIKING HOLDINGS LTD (VIK) stock?

ChartMill assigns a valuation rating of 2 / 10 to VIKING HOLDINGS LTD (VIK). This can be considered as Overvalued.


What is the profitability of VIK stock?

VIKING HOLDINGS LTD (VIK) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for VIK stock?

The Price/Earnings (PE) ratio for VIKING HOLDINGS LTD (VIK) is 31.41 and the Price/Book (PB) ratio is 40.75.


What is the expected EPS growth for VIKING HOLDINGS LTD (VIK) stock?

The Earnings per Share (EPS) of VIKING HOLDINGS LTD (VIK) is expected to grow by 4.29% in the next year.