NORWEGIAN CRUISE LINE HOLDIN (NCLH)
BMG667211046 - Common Stock
NCLH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 135 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 is not valued too expensively and it also shows a decent 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
NCLH's Return On Assets of 2.78% is in line compared to the rest of the industry. NCLH outperforms 55.22% of its industry peers.
The Return On Equity of NCLH (48.38%) is better than 95.52% of its industry peers.
NCLH's Return On Invested Capital of 7.90% is fine compared to the rest of the industry. NCLH outperforms 62.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.78% | ||
| ROE | 48.38% | ||
| ROIC | 7.9% |
ROA(3y)-11.81%
ROA(5y)-10.33%
ROE(3y)-1139.9%
ROE(5y)-699.51%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.87%, NCLH is in the better half of the industry, outperforming 62.69% of the companies in the same industry.
In the last couple of years the Profit Margin of NCLH has declined.
NCLH's Operating Margin of 14.70% is fine compared to the rest of the industry. NCLH outperforms 64.93% of its industry peers.
In the last couple of years the Operating Margin of NCLH has declined.
NCLH has a worse Gross Margin (39.05%) than 64.93% of its industry peers.
NCLH's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.7% | ||
| PM (TTM) | 5.87% | ||
| GM | 39.05% |
OM growth 3YN/A
OM growth 5Y-11.55%
PM growth 3YN/A
PM growth 5Y-34.21%
GM growth 3YN/A
GM growth 5Y-4.01%
2. Health
2.1 Basic Checks
NCLH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, NCLH has more shares outstanding
Compared to 5 years ago, NCLH has more shares outstanding
Compared to 1 year ago, NCLH has an improved debt to assets ratio.
2.2 Solvency
NCLH has an Altman-Z score of 0.34. 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 0.34 is on the low side compared to the rest of the industry. NCLH is outperformed by 78.36% of its industry peers.
The Debt to FCF ratio of NCLH is 45.53, which is on the high side as it means it would take NCLH, 45.53 years of fcf income to pay off all of its debts.
NCLH's Debt to FCF ratio of 45.53 is in line compared to the rest of the industry. NCLH outperforms 41.79% of its industry peers.
NCLH has a Debt/Equity ratio of 10.35. This is a high value indicating a heavy dependency on external financing.
NCLH has a Debt to Equity ratio of 10.35. This is in the lower half of the industry: NCLH underperforms 66.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 10.35 | ||
| Debt/FCF | 45.53 | ||
| Altman-Z | 0.34 |
ROIC/WACC1
WACC7.9%
2.3 Liquidity
A Current Ratio of 0.20 indicates that NCLH may have some problems paying its short term obligations.
The Current ratio of NCLH (0.20) is worse than 97.76% of its industry peers.
A Quick Ratio of 0.17 indicates that NCLH may have some problems paying its short term obligations.
With a Quick ratio value of 0.17, NCLH is not doing good in the industry: 96.27% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 589.29% over the past year.
NCLH shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -34.82% yearly.
NCLH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.77%.
The Revenue has been growing slightly by 7.14% on average over the past years.
EPS 1Y (TTM)589.29%
EPS 3YN/A
EPS 5Y-34.82%
EPS Q2Q%30.26%
Revenue 1Y (TTM)15.77%
Revenue growth 3Y88.33%
Revenue growth 5Y7.14%
Sales Q2Q%10.67%
3.2 Future
The Earnings Per Share is expected to grow by 44.32% on average over the next years. This is a very strong growth
NCLH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.63% yearly.
EPS Next Y190.43%
EPS Next 2Y92.22%
EPS Next 3Y65.78%
EPS Next 5Y44.32%
Revenue Next Year11.01%
Revenue Next 2Y9.51%
Revenue Next 3Y9.53%
Revenue Next 5Y9.63%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.76, the valuation of NCLH can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of NCLH indicates a somewhat cheap valuation: NCLH is cheaper than 75.37% of the companies listed in the same industry.
NCLH is valuated rather cheaply when we compare the Price/Earnings ratio to 28.96, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.63 indicates a correct valuation of NCLH.
Based on the Price/Forward Earnings ratio, NCLH is valued cheaply inside the industry as 88.06% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of NCLH to the average of the S&P500 Index (23.82), we can say NCLH is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.76 | ||
| Fwd PE | 12.63 |
4.2 Price Multiples
62.69% of the companies in the same industry are more expensive than NCLH, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NCLH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.44 | ||
| EV/EBITDA | 10.64 |
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.
A more expensive valuation may be justified as NCLH's earnings are expected to grow with 65.78% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y92.22%
EPS Next 3Y65.78%
5. Dividend
5.1 Amount
No dividends for NCLH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NORWEGIAN CRUISE LINE HOLDIN
NYSE:NCLH (11/22/2024, 2:42:09 PM)
27.075
+0.31 (+1.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap11.91B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.76 | ||
| Fwd PE | 12.63 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.78% | ||
| ROE | 48.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.7% | ||
| PM (TTM) | 5.87% | ||
| GM | 39.05% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 10.35 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.2 | ||
| Quick Ratio | 0.17 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)589.29%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y190.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.77%
Revenue growth 3Y88.33%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y