VIKING HOLDINGS LTD (VIK) Fundamental Analysis & Valuation
NYSE:VIK • BMG93A5A1010
72.61 USD
+3.7 (+5.37%)
At close: Mar 9, 2026
72.15 USD
-0.46 (-0.63%)
Pre-Market: 3/10/2026, 7:56:48 AM
This VIK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, VIK scores 6 out of 10 in our fundamental rating. VIK was compared to 126 industry peers in the Hotels, Restaurants & Leisure industry. VIK scores excellent on profitability, but there are concerns on its financial health. VIK is growing strongly while it is still valued neutral. This is a good combination!
1. VIK Profitability Analysis
1.1 Basic Checks
- In the past year VIK was profitable.
- In the past year VIK had a positive cash flow from operations.
- In multiple years VIK reported negative net income over the last 5 years.
- Each year in the past 5 years VIK had a positive operating cash flow.
1.2 Ratios
- VIK has a Return On Assets of 9.38%. This is amongst the best in the industry. VIK outperforms 81.75% of its industry peers.
- VIK has a better Return On Equity (104.92%) than 97.62% of its industry peers.
- VIK's Return On Invested Capital of 18.21% is amongst the best of the industry. VIK outperforms 88.89% of its industry peers.
- VIK had an Average Return On Invested Capital over the past 3 years of 16.95%. This is significantly above the industry average of 10.49%.
- The last Return On Invested Capital (18.21%) for VIK is above the 3 year average (16.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.38% | ||
| ROE | 104.92% | ||
| ROIC | 18.21% |
ROA(3y)-0.25%
ROA(5y)-2.56%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)16.95%
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 17.65%, VIK belongs to the best of the industry, outperforming 89.68% of the companies in the same industry.
- VIK's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 23.10%, VIK belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
- VIK's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 43.34%, VIK perfoms like the industry average, outperforming 40.48% of the companies in the same industry.
- VIK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.1% | ||
| PM (TTM) | 17.65% | ||
| GM | 43.34% |
OM growth 3Y126.96%
OM growth 5YN/A
PM growth 3Y31.71%
PM growth 5YN/A
GM growth 3Y10.37%
GM growth 5YN/A
2. VIK Health Analysis
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.
2.2 Solvency
- VIK has an Altman-Z score of 2.11. This is not the best score and indicates that VIK is in the grey zone with still only limited risk for bankruptcy at the moment.
- VIK has a Altman-Z score of 2.11. This is comparable to the rest of the industry: VIK outperforms 57.94% of its industry peers.
- VIK has a debt to FCF ratio of 3.74. This is a good value and a sign of high solvency as VIK would need 3.74 years to pay back of all of its debts.
- VIK has a better Debt to FCF ratio (3.74) than 79.37% of its industry peers.
- A Debt/Equity ratio of 4.88 is on the high side and indicates that VIK has dependencies on debt financing.
- With a Debt to Equity ratio value of 4.88, VIK is not doing good in the industry: 63.49% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.88 | ||
| Debt/FCF | 3.74 | ||
| Altman-Z | 2.11 |
ROIC/WACC2.23
WACC8.17%
2.3 Liquidity
- A Current Ratio of 0.79 indicates that VIK may have some problems paying its short term obligations.
- VIK has a Current ratio of 0.79. This is in the lower half of the industry: VIK underperforms 65.08% of its industry peers.
- VIK has a Quick Ratio of 0.79. This is a bad value and indicates that VIK is not financially healthy enough and could expect problems in meeting its short term obligations.
- VIK has a worse Quick ratio (0.77) than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.77 |
3. VIK Growth Analysis
3.1 Past
- The Earnings Per Share has been growing slightly by 7.53% over the past year.
- Measured over the past years, VIK shows a very strong growth in Earnings Per Share. The EPS has been growing by 65.22% on average per year.
- The Revenue has grown by 21.89% in the past year. This is a very strong growth!
- VIK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.97% yearly.
EPS 1Y (TTM)7.53%
EPS 3Y65.22%
EPS 5YN/A
EPS Q2Q%48.89%
Revenue 1Y (TTM)21.89%
Revenue growth 3Y26.97%
Revenue growth 5YN/A
Sales Q2Q%27.76%
3.2 Future
- VIK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.01% yearly.
- Based on estimates for the next years, VIK will show a quite strong growth in Revenue. The Revenue will grow by 11.64% on average per year.
EPS Next Y30.09%
EPS Next 2Y26.01%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year14.63%
Revenue Next 2Y13.84%
Revenue Next 3Y11.64%
Revenue Next 5YN/A
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- 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.
4. VIK Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 28.25, VIK can be considered very expensive at the moment.
- VIK's Price/Earnings ratio is in line with the industry average.
- VIK is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.45, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 21.72, which indicates a rather expensive current valuation of VIK.
- VIK's Price/Forward Earnings ratio is in line with the industry average.
- VIK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.25 | ||
| Fwd PE | 21.72 |
4.2 Price Multiples
- VIK's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. VIK is more expensive than 69.84% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, VIK is valued a bit cheaper than 65.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.01 | ||
| EV/EBITDA | 19.13 |
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.
- The excellent profitability rating of VIK may justify a higher PE ratio.
- VIK's earnings are expected to grow with 26.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.94
PEG (5Y)N/A
EPS Next 2Y26.01%
EPS Next 3YN/A
5. VIK Dividend Analysis
5.1 Amount
- No dividends for VIK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
VIK Fundamentals: All Metrics, Ratios and Statistics
72.61
+3.7 (+5.37%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)03-03 2026-03-03/bmo
Earnings (Next)05-18 2026-05-18
Inst Owners99.48%
Inst Owner ChangeN/A
Ins Owners0.89%
Ins Owner ChangeN/A
Market Cap32.21B
Revenue(TTM)6.50B
Net Income(TTM)1.15B
Analysts79.09
Price Target75.02 (3.32%)
Short Float %1.94%
Short Ratio2.68
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)9.59%
Min EPS beat(2)-4.51%
Max EPS beat(2)23.69%
EPS beat(4)2
Avg EPS beat(4)8.26%
Min EPS beat(4)-4.51%
Max EPS beat(4)23.69%
EPS beat(8)6
Avg EPS beat(8)29.6%
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)2.22%
Min Revenue beat(2)-0.71%
Max Revenue beat(2)5.14%
Revenue beat(4)3
Avg Revenue beat(4)2.78%
Min Revenue beat(4)-0.71%
Max Revenue beat(4)5.42%
Revenue beat(8)6
Avg Revenue beat(8)5.01%
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)0.73%
PT rev (3m)9.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.32%
EPS NY rev (1m)0.11%
EPS NY rev (3m)0.52%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-0.3%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.25 | ||
| Fwd PE | 21.72 | ||
| P/S | 4.95 | ||
| P/FCF | 21.01 | ||
| P/OCF | 12.58 | ||
| P/B | 29.45 | ||
| P/tB | 31.99 | ||
| EV/EBITDA | 19.13 |
EPS(TTM)2.57
EY3.54%
EPS(NY)3.34
Fwd EY4.6%
FCF(TTM)3.46
FCFY4.76%
OCF(TTM)5.77
OCFY7.95%
SpS14.66
BVpS2.47
TBVpS2.27
PEG (NY)0.94
PEG (5Y)N/A
Graham Number11.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.38% | ||
| ROE | 104.92% | ||
| ROCE | 23.05% | ||
| ROIC | 18.21% | ||
| ROICexc | 43.34% | ||
| ROICexgc | 44.76% | ||
| OM | 23.1% | ||
| PM (TTM) | 17.65% | ||
| GM | 43.34% | ||
| FCFM | 23.59% |
ROA(3y)-0.25%
ROA(5y)-2.56%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)16.95%
ROIC(5y)N/A
ROICexc(3y)33.95%
ROICexc(5y)N/A
ROICexgc(3y)34.91%
ROICexgc(5y)N/A
ROCE(3y)21.45%
ROCE(5y)N/A
ROICexgc growth 3Y184.72%
ROICexgc growth 5YN/A
ROICexc growth 3Y184.08%
ROICexc growth 5YN/A
OM growth 3Y126.96%
OM growth 5YN/A
PM growth 3Y31.71%
PM growth 5YN/A
GM growth 3Y10.37%
GM growth 5YN/A
F-Score8
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.88 | ||
| Debt/FCF | 3.74 | ||
| Debt/EBITDA | 2.99 | ||
| Cap/Depr | 360.57% | ||
| Cap/Sales | 15.79% | ||
| Interest Coverage | 4.51 | ||
| Cash Conversion | 143.33% | ||
| Profit Quality | 133.63% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 2.11 |
F-Score8
WACC8.17%
ROIC/WACC2.23
Cap/Depr(3y)326.82%
Cap/Depr(5y)359.03%
Cap/Sales(3y)15.77%
Cap/Sales(5y)46.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.53%
EPS 3Y65.22%
EPS 5YN/A
EPS Q2Q%48.89%
EPS Next Y30.09%
EPS Next 2Y26.01%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)21.89%
Revenue growth 3Y26.97%
Revenue growth 5YN/A
Sales Q2Q%27.76%
Revenue Next Year14.63%
Revenue Next 2Y13.84%
Revenue Next 3Y11.64%
Revenue Next 5YN/A
EBIT growth 1Y39.92%
EBIT growth 3Y188.17%
EBIT growth 5YN/A
EBIT Next Year45.75%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y31.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y22.97%
OCF growth 3Y90.1%
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 6 / 10 to VIK.
What is the valuation status of VIKING HOLDINGS LTD (VIK) stock?
ChartMill assigns a valuation rating of 4 / 10 to VIKING HOLDINGS LTD (VIK). This can be considered as Fairly Valued.
What is the profitability of VIK stock?
VIKING HOLDINGS LTD (VIK) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for VIK stock?
The Price/Earnings (PE) ratio for VIKING HOLDINGS LTD (VIK) is 28.25 and the Price/Book (PB) ratio is 29.45.
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 30.09% in the next year.