Norwegian Cruise Line Holdings Ltd
NYSE:NCLH

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Norwegian Cruise Line Holdings Ltd
NYSE:NCLH
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Price: 26.86 USD 0.37% Market Closed
Market Cap: 11.8B USD
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Relative Value

The Relative Value of one NCLH stock under the Base Case scenario is 30.79 USD. Compared to the current market price of 26.86 USD, Norwegian Cruise Line Holdings Ltd is Undervalued by 13%.

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
30.79 USD
Undervaluation 13%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
53
vs Industry
59
Median 3Y
1.2
Median 5Y
1.4
Industry
1.4
Forward
1.2
vs History
6
vs Industry
25
Median 3Y
-1.9
Median 5Y
-2
Industry
20.7
Forward
15.9
vs History
9
vs Industry
62
Median 3Y
3.5
Median 5Y
2.4
Industry
9.5
vs History
vs Industry
16
Median 3Y
-5.9
Median 5Y
-4.9
Industry
19.6
vs History
33
vs Industry
2
Median 3Y
11.2
Median 5Y
3.6
Industry
2.2
vs History
68
vs Industry
38
Median 3Y
2.8
Median 5Y
2.8
Industry
1.9
Forward
2.4
vs History
38
vs Industry
30
Median 3Y
6.1
Median 5Y
5.8
Industry
3.9
vs History
22
vs Industry
41
Median 3Y
-9
Median 5Y
-9
Industry
10.7
Forward
9.4
vs History
11
vs Industry
33
Median 3Y
-6.8
Median 5Y
-7.2
Industry
16.2
Forward
15.7
vs History
9
vs Industry
48
Median 3Y
9.6
Median 5Y
7.5
Industry
11.5
vs History
3
vs Industry
Median 3Y
-11.5
Median 5Y
-6.8
Industry
17.2
vs History
7
vs Industry
53
Median 3Y
1
Median 5Y
1
Industry
1.3

Multiples Across Competitors

NCLH Competitors Multiples
Norwegian Cruise Line Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Norwegian Cruise Line Holdings Ltd
NYSE:NCLH
11.8B USD 1.3 21.5 9.9 16.9
US
Booking Holdings Inc
NASDAQ:BKNG
171.8B USD 7.5 34.1 24.2 26.4
CN
H World Group Ltd
BMV:HTHTN
2.7T MXN 41.6 254.7 146.9 184.8
US
Airbnb Inc
NASDAQ:ABNB
87.3B USD 8.1 47.5 46.3 48
US
Marriott International Inc
NASDAQ:MAR
79.2B USD 3.2 28.6 22.6 24.3
US
Royal Caribbean Cruises Ltd
NYSE:RCL
64.9B USD 4 25 14.8 20.4
US
Hilton Worldwide Holdings Inc
NYSE:HLT
61.9B USD 5.6 52.6 28.9 30.7
CN
Trip.com Group Ltd
HKEX:9961
325.6B HKD 6.2 21.6 16.9 18
US
Carnival Corp
NYSE:CCL
31.5B USD 1.3 20.2 9.6 16.7
UK
Carnival PLC
LSE:CCL
22.7B GBP 1.2 31.4 488.3 906.9
US
Expedia Group Inc
NASDAQ:EXPE
23.8B USD 1.8 22.5 10.2 15.8

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