NYSE
NCLH
Last Price
US $19.46
KEY FIGURES
MKT CAP
$8.9B
EPS
TTM
$1.24
PEG
TTM
N/M
P/E
TTM
15.64x
P/S
TTM
0.89x
YIELD
0.00%
GROWTH
Revenue Y/Y
Cash Flow (DCF)
Fair Value
Market $19.46
—
Default assumptions
EBITDA Multiple
Fair Value
Market $19.46
-46.15%
Default assumptions
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
Norwegian Cruise Line Holdings Ltd. cash flow to debt ratio of 14.31% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial risk - Healthy cash flow growth.
Norwegian Cruise Line Holdings Ltd.'s free cash flow has decreased -239.46% from $838.87M last year to $-1.17G, signaling decreasing performance
Financial risk - Healthy debt to equity ratio.
Norwegian Cruise Line Holdings Ltd.'s debt to equity ratio is 6.23, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial stability - Healthy debt to equity ratio development.
Norwegian Cruise Line Holdings Ltd.'s debt has decreased relative to shareholder equity from 9.76 last year to 6.23 today, signaling strengthened financials
Financial risk - Net debt/EBITDA.
Norwegian Cruise Line Holdings Ltd. has a net debt to EBITDA ratio of 3.78x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk
Financial risk - ICR.
Norwegian Cruise Line Holdings Ltd.'s interest coverage ratio is 1.91, which means that the company struggles to meet interest obligations, signaling financial risk.
Financial risk - Profit margin growth.
Norwegian Cruise Line Holdings Ltd.'s profit margin has decreased (-41.01%) in the last year from 9.60% to 5.66%, signaling decreasing performance
Financial risk - Short term assets vs short term liabilities.
Norwegian Cruise Line Holdings Ltd.'s short-term liabilities of $5.45G exceed its short-term assets of $1.14G, signaling financial risk
Decreasing performance - ROA.
Norwegian Cruise Line Holdings Ltd.'s return on assets of 2.39% is lower than the 5.00% threshold, indicating inefficient asset utilization
Increasing performance - Absolute return on equity.
Norwegian Cruise Line Holdings Ltd.'s return on equity of 27.04%, is higher than 15.00%, indicating good performance
Increasing performance - Earnings quality.
Norwegian Cruise Line Holdings Ltd.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Norwegian Cruise Line Holdings Ltd. had positive net income in 3.00 out of 5 years, indicating stable and consistent earnings
Decreasing performance - Free cash flow.
Norwegian Cruise Line Holdings Ltd. has negative free cash flow, indicating the company is burning cash rather than generating it
Decreasing performance - FCF yield.
Norwegian Cruise Line Holdings Ltd. has negative free cash flow, indicating cash burn
Decreasing performance - Healthy earnings growth.
Norwegian Cruise Line Holdings Ltd.'s yearly earnings has decreased -53.50% since last year from $910.26M to $423.25M, signaling decreasing performance
Increasing performance - Healthy revenue growth.
Norwegian Cruise Line Holdings Ltd.'s yearly revenue has increased 3.67% since last year from $9.48G to $9.83G, signaling increasing performance
Increasing performance - ROIC.
ROIC 8.35% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
Increasing performance - 3-year revenue CAGR.
Norwegian Cruise Line Holdings Ltd.'s 3-year revenue CAGR of 26.60% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Norwegian Cruise Line Holdings Ltd. had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Norwegian Cruise Line Holdings Ltd. had positive ROE in 3.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Norwegian Cruise Line Holdings Ltd. has insufficient data to evaluate this check.
Undervalued - Earnings yield.
Norwegian Cruise Line Holdings Ltd. has an earnings yield of 6.39%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
Norwegian Cruise Line Holdings Ltd. is overvalued relative to its fair value price of 10.48 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Norwegian Cruise Line Holdings Ltd. has an EV/EBITDA ratio of 6.13x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Overvalued - PEG ratio value.
Norwegian Cruise Line Holdings Ltd. has no meaningful EPS growth rate; PEG ratio cannot be computed.
Undervalued - P/B ratio.
Norwegian Cruise Line Holdings Ltd. has a price-to-book ratio of 3.65x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Norwegian Cruise Line Holdings Ltd. has a price-to-sales ratio of 0.89x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
27.04%
Return on equity
ROIC: 8.35%
Valuation History
15.6X
Price to Earnings
EV/EBITDA: 10.1X
Cash flow
Profit margin
50.33%
(FY vs FY)
EBITDA Y/Y
-
(FY vs FY)
Cash flow Y/Y
24.52%
(FY vs FY)
EARNINGS FV (GRAHAM)
Fair Value
Market $19.46
194.09%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.