Viking Holdings Valuation

Q: What is the Fair Price of VIK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

VIK ($37.84) is trading below our estimate of [[fair value]] ($74.69)

Is VIK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of VIK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VIK ($37.84) is trading below our estimate of fair value ($74.69)

Significantly Below Fair Value: VIK is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VIK?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for VIK. This is calculated by dividing VIK's market cap by their current preferred multiple.
What is VIK's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$16.34b

VIK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	4x
Enterprise Value/EBITDA	17.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does VIK's PS Ratio compare to its peers?

The above table shows the PS ratio for VIK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2.2x
H Hyatt Hotels	2.4x	5.5%	US$15.5b
HTHT H World Group	3.9x	7.1%	US$12.7b
EXPE Expedia Group	1.5x	5.9%	US$19.9b
CCL Carnival Corporation &	1.1x	4.0%	US$26.0b
VIK Viking Holdings	3.3x	14.6%	US$16.3b

Price-To-Sales vs Peers: VIK is expensive based on its Price-To-Sales Ratio (3.3x) compared to the peer average (2.2x).

Price to Earnings Ratio vs Industry

How does VIK's PE Ratio compare vs other companies in the US Hospitality Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.4%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: VIK is expensive based on its Price-To-Sales Ratio (3.3x) compared to the US Hospitality industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is VIK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VIK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	3.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate VIK's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst VIK forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	US$37.84	US$38.27 +1.1%	8.4%	US$42.00	US$29.00	n/a	11
Oct ’25	US$34.50	US$38.27 +10.9%	8.4%	US$42.00	US$29.00	n/a	11
Sep ’25	US$33.55	US$37.90 +13.0%	9.2%	US$42.00	US$29.00	n/a	10
Aug ’25	US$35.00	US$36.27 +3.6%	8.6%	US$40.00	US$29.00	n/a	11
Jul ’25	US$33.26	US$35.20 +5.8%	7.1%	US$38.00	US$29.00	n/a	10
Jun ’25	US$31.41	US$34.13 +8.6%	7.7%	US$37.00	US$29.00	n/a	8

Analyst Forecast: Target price is less than 20% higher than the current share price.