Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the United States and internationally.
Undervalued with mediocre balance sheet.
Share Price & News
How has Norwegian Cruise Line Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NCLH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NCLH underperformed the US Hospitality industry which returned -7.9% over the past year.
Return vs Market: NCLH underperformed the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Norwegian Cruise Line Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StNorwegian Cruise Line Holdings Ltd. Full-Year Results: Here's What Analysts Are Forecasting For Next Year
1 week ago | Simply Wall StNorwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Insiders Have Been Selling
2 weeks ago | Simply Wall StIs It Too Late To Consider Buying Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)?
Is Norwegian Cruise Line Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NCLH ($36.21) is trading below our estimate of fair value ($55.07)
Significantly Below Fair Value: NCLH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NCLH is good value based on its PE Ratio (8.4x) compared to the Hospitality industry average (21.1x).
PE vs Market: NCLH is good value based on its PE Ratio (8.4x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: NCLH is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: NCLH is good value based on its PB Ratio (1.2x) compared to the US Hospitality industry average (2x).
How is Norwegian Cruise Line Holdings forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NCLH's forecast earnings growth (7.6% per year) is above the savings rate (1.7%).
Earnings vs Market: NCLH's earnings (7.6% per year) are forecast to grow slower than the US market (13.2% per year).
High Growth Earnings: NCLH's earnings are forecast to grow, but not significantly.
Revenue vs Market: NCLH's revenue (6.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: NCLH's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NCLH's Return on Equity is forecast to be low in 3 years time (13.9%).
How has Norwegian Cruise Line Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NCLH has high quality earnings.
Growing Profit Margin: NCLH's current net profit margins (14.4%) are lower than last year (15.8%).
Past Earnings Growth Analysis
Earnings Trend: NCLH's earnings have grown significantly by 22.5% per year over the past 5 years.
Accelerating Growth: NCLH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NCLH had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the Hospitality industry average (-6.1%).
Return on Equity
High ROE: NCLH's Return on Equity (14.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Norwegian Cruise Line Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: NCLH's short term assets ($730.1M) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: NCLH's short term assets ($730.1M) do not cover its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: NCLH's debt to equity ratio (100.6%) is considered high.
Reducing Debt: NCLH's debt to equity ratio has reduced from 173.1% to 100.6% over the past 5 years.
Debt Coverage: NCLH's debt is well covered by operating cash flow (27.8%).
Interest Coverage: NCLH's interest payments on its debt are well covered by EBIT (4.6x coverage).
Inventory Level: NCLH has a high level of physical assets or inventory.
Debt Coverage by Assets: NCLH's debt is not covered by short term assets (assets are 0.1x debt).
What is Norwegian Cruise Line Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NCLH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NCLH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NCLH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NCLH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NCLH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frank Del Rio (64yo)
Mr. Frank J. Del Rio has been Chief Executive Officer and President at NCL Corporation Ltd. since January 8, 2015. Mr. Del Rio has been the Chief Executive Officer and President of Norwegian Cruise Line Ho ...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD22.59M) is above average for companies of similar size in the US market ($USD6.51M).
Compensation vs Earnings: Frank's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive VP & CFO||1.9yrs||US$4.49m||0.0090% $696.0k|
|Executive Vice President of Vessel Operations||5.1yrs||US$5.34m||0.046% $3.5m|
|President & CEO of Regent brand||3.4yrs||US$5.35m||0.020% $1.6m|
|Senior VP & Chief Accounting Officer||4yrs||no data||0.0067% $514.6k|
|Vice President of Investor Relations & Corporate Communications||0yrs||no data||no data|
|Executive VP||12yrs||no data||0.024% $1.9m|
|Managing Director of China operations||0yrs||no data||no data|
|Senior Vice President of Strategy & Corporate Development||2yrs||no data||no data|
|Executive Vice President||0yrs||US$1.31m||no data|
Experienced Management: NCLH's management team is considered experienced (4 years average tenure).
|Vice Chairman of Oceania Cruises & Regent and CEO & President of Oceania Cruises||4.8yrs||US$3.80m||0.034% $2.6m|
|Director||12.1yrs||no data||no data|
|Independent Director||6.8yrs||US$165.00k||0.013% $993.8k|
|Independent Director||1.8yrs||US$99.30k||0.0024% $186.7k|
|Independent Director||3.1yrs||US$100.00k||0.0072% $553.2k|
|Independent Chairman of the Board||1.7yrs||US$156.51k||0.022% $1.7m|
|Independent Director||4.3yrs||US$160.00k||0.010% $789.3k|
|Independent Director||5.8yrs||US$120.00k||0.0092% $706.8k|
Experienced Board: NCLH's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NCLH insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Norwegian Cruise Line Holdings Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Norwegian Cruise Line Holdings Ltd.
- Ticker: NCLH
- Exchange: NYSE
- Founded: 1966
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: US$7.716b
- Shares outstanding: 213.08m
- Website: https://www.nclhltdinvestor.com
Number of Employees
- Norwegian Cruise Line Holdings Ltd.
- 7665 Corporate Center Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NCLH||NYSE (New York Stock Exchange)||Yes||New Ordinary Shares||US||USD||Jan 2013|
|1NC||DB (Deutsche Boerse AG)||Yes||New Ordinary Shares||DE||EUR||Jan 2013|
|NCLH N||BMV (Bolsa Mexicana de Valores)||Yes||New Ordinary Shares||MX||MXN||Jan 2013|
|NCLH||WBAG (Wiener Boerse AG)||Yes||New Ordinary Shares||AT||EUR||Jan 2013|
|0UC3||LSE (London Stock Exchange)||Yes||New Ordinary Shares||GB||USD||Jan 2013|
|N1CL34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the United States and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers cruise itineraries ranging from a few days to 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, India and the rest of Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, South America, the Panama Canal, the Caribbean, and Harvest Caye. As of December 31, 2018, the company had 26 ships with approximately 50,400 berths. It distributes its products through retail/travel agents and international channel, as well as meetings, incentives, and charters. The company was founded in 1966 and is headquartered in Miami, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 01:11|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.