Norwegian Cruise Line Holdings Ltd
NYSE:NCLH

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Norwegian Cruise Line Holdings Ltd Logo
Norwegian Cruise Line Holdings Ltd
NYSE:NCLH
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Price: 26.42 USD 1.11% Market Closed
Market Cap: 11.6B USD
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Relative Value

The Relative Value of one NCLH stock under the Base Case scenario is 31.11 USD. Compared to the current market price of 26.42 USD, Norwegian Cruise Line Holdings Ltd is Undervalued by 15%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NCLH Relative Value
Base Case
31.11 USD
Undervaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.2
P/S
P/S
Price to Sales
1.2
vs History
55
vs Industry
59
Median 3Y
1.2
Median 5Y
1.3
Industry
1.4
Forward
1.2
More Details
21.2
P/E
P/E
Price to Earnings
21.2
vs History
7
vs Industry
25
Median 3Y
-1.8
Median 5Y
-2
Industry
20.2
Forward
15.6
More Details
6.1
P/OCF
P/OCF
Price to OCF
6.1
vs History
11
vs Industry
62
Median 3Y
3.8
Median 5Y
2.4
Industry
9.8
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
16
Median 3Y
-5.9
Median 5Y
-5
Industry
18.6
More Details
10.2
P/B
P/B
Price to Book Value
10.2
vs History
34
vs Industry
2
Median 3Y
11.2
Median 5Y
3.7
Industry
2.2
More Details
2.5
EV/S
EV/S
Enterprise Value to Sales
2.5
vs History
68
vs Industry
38
Median 3Y
2.8
Median 5Y
2.8
Industry
1.9
Forward
2.4
More Details
6.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.3
vs History
41
vs Industry
30
Median 3Y
6.2
Median 5Y
5.9
Industry
3.8
More Details
9.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.9
vs History
23
vs Industry
41
Median 3Y
-8.9
Median 5Y
-9
Industry
10.7
Forward
9.3
More Details
16.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
16.7
vs History
12
vs Industry
33
Median 3Y
-6.4
Median 5Y
-7.2
Industry
16.5
Forward
15
More Details
12.1
EV/OCF
EV/OCF
Enterprise Value to OCF
12.1
vs History
11
vs Industry
48
Median 3Y
9.6
Median 5Y
7.5
Industry
11.9
More Details
78.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
78.2
vs History
4
vs Industry
Median 3Y
-11.5
Median 5Y
-6.8
Industry
17.4
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
9
vs Industry
53
Median 3Y
1
Median 5Y
1
Industry
1.3
More Details

Multiples Across Competitors

NCLH Competitors Multiples
Norwegian Cruise Line Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Norwegian Cruise Line Holdings Ltd
NYSE:NCLH
11.6B USD 1.2 21.2 9.9 16.7
US
Booking Holdings Inc
NASDAQ:BKNG
170B USD 7.4 33.7 24 26.1
CN
H World Group Ltd
BMV:HTHTN
2.7T MXN 42.2 264.8 155.3 195.9
US
Airbnb Inc
NASDAQ:ABNB
85.9B USD 7.9 46.7 45.4 47.1
US
Marriott International Inc
NASDAQ:MAR
79.8B USD 3.2 28.8 22.7 24.4
US
Royal Caribbean Cruises Ltd
NYSE:RCL
64.6B USD 4 24.8 14.7 20.3
US
Hilton Worldwide Holdings Inc
NYSE:HLT
62B USD 5.6 52.6 28.9 30.7
MY
Grand Central Enterprises Bhd
KLSE:GCE
257.3B MYR 9 986.9 -11 074.5 -11 020.4 -8 750.2
CN
Trip.com Group Ltd
HKEX:9961
365.3B HKD 7 24.4 19.8 21.1
US
Carnival Corp
NYSE:CCL
32.7B USD 1.3 20.9 9.8 17
UK
Carnival PLC
LSE:CCL
23.5B GBP 1.3 32.6 488.5 907.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Norwegian Cruise Line Holdings Ltd
NYSE:NCLH
Average EV/EBITDA: 81.9
9.9
75%
0.1
US
Booking Holdings Inc
NASDAQ:BKNG
24
64%
0.4
CN
H
H World Group Ltd
BMV:HTHTN
155.3
42%
3.7
US
Airbnb Inc
NASDAQ:ABNB
45.4
214%
0.2
US
Marriott International Inc
NASDAQ:MAR
22.7
37%
0.6
US
Royal Caribbean Cruises Ltd
NYSE:RCL
14.7
70%
0.2
US
Hilton Worldwide Holdings Inc
NYSE:HLT
28.9
67%
0.4
MY
G
Grand Central Enterprises Bhd
KLSE:GCE
Negative Multiple: -11 020.4 N/A N/A
CN
Trip.com Group Ltd
HKEX:9961
19.8
82%
0.2
US
Carnival Corp
NYSE:CCL
9.8
63%
0.2
UK
Carnival PLC
LSE:CCL
488.5
64%
7.6

See Also

Summary
NCLH intrinsic value, competitors valuation, and company profile.
DCF Valuation
NCLH stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NCLH stock valuation using valuation multiples.
Wall Street Estimates
NCLH price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NCLH stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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