NCLH
Norwegian Cruise Line Holdings
$20.04
▼ 2.0%Updated Today 7:15 PM ET
▲ Up 11.1% over the last 12 months
Market Cap
$9.38B
P/E
16.52x
Forward P/E (est.)
23.19x
ROE
27.0%
Revenue Growth
6.5%
EPS Growth
-28.8%
Profit Margin
5.7%
FCF Yield
7.1%
Debt / Equity
6.61x
ROIC
31.0%
Interest Coverage
2.15x
Current Ratio
0.21x
Dividend Yield
—
Implied Growth (rev. DCF)
—
Rating Score
45/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what NCLH's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. NCLH trades near $20.04, around its 50-day average ($18.27) and 200-day average ($21.01). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 65 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. NCLH's is $0.97 (~4.8% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month NCLH found buyers near $15.43 (support) and sellers near $20.84 (resistance); its 52-week range is $14.53–$27.18. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Norwegian Cruise Line Holdings (NCLH) is a mid-cap company in the Hotels, Resorts & Cruise Lines industry, part of the Consumer Discretionary sector of the S&P 500, with a market value around $9.38B.
In its latest reported year it generated about $9.83B in revenue and $423.25M in net profit.
Our model rates NCLH Neutral (45/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
97.3%
Revenue moved from $647.99M in 2021 to $9.83B in 2025, a 97.3% compound annual growth rate. The most recent year grew a steady 6.5% year over year. Slower, mature growth is common for established businesses.
Gross Margin
43.0%
Operating Margin
15.9%
Net Margin
4.3%
ROE
27.0%
Norwegian Cruise Line Holdings keeps about 5.7% of each sales dollar as net profit, with a 43.0% gross margin and 15.9% operating margin. Return on equity is 27.0% and return on invested capital about 31.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$1.55B
Net Debt
$1.37B
Net Debt / EBITDA
0.88x
Debt / Equity
6.61x
Leverage: debt-to-equity is 6.6x, and operating profit covers interest about 2.1x, with a current ratio of 0.2x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $1.55B of total debt against $185.05M of cash.
Operating CF
$2.09B
Free Cash Flow
-$1.17B
FCF Margin
-11.9%
In the latest year Norwegian Cruise Line Holdings produced about $2.09B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 7.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
16.52x
P/S
0.95x
P/B
4.62x
EV / EBITDA
3.93x
NCLH trades at 16.5x trailing earnings (about 23.2x on estimated forward earnings), 0.9x sales, and 4.6x book value. That is a fairly typical valuation for a profitable company.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How NCLH stacks up against its Consumer Discretionary peers — valuation, profitability, and growth versus the sector median.
In the Consumer Discretionary sector (48 S&P 500 companies), NCLH ranks #33 of 48 by our overall rating. It trades at a discount versus the sector on earnings (16.5x P/E vs. 23.7x median) with a lower return on equity (27.0% vs. 39.2%) and faster revenue growth (6.5% vs. 6.2%).
P/E vs sector
16.5x
median 23.7x
ROE vs sector
27.0%
median 39.2%
Growth vs sector
6.5%
median 6.2%
Sector rank
#33
of 48 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Consumer Discretionary companies by sub-industry and size. Sector median is across all 48 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$12.01 – $20.42
vs. $20.04 today · expected CAGR -10% – 0%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $10.52B | $11.25B | $12.04B | $12.88B | $13.78B |
| Net income | $420.62M | $450.06M | $481.57M | $515.28M | $551.35M |
| EPS | $0.92 | $0.98 | $1.05 | $1.12 | $1.20 |
| Share price (low) | $9.16 | $9.80 | $10.49 | $11.22 | $12.01 |
| Share price (high) | $15.57 | $16.67 | $17.83 | $19.08 | $20.42 |
| CAGR (low–high) | -54% / -22% | -30% / -9% | -19% / -4% | -13% / -1% | -10% / 0% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for NCLH:
- Strong return on equity (27.0%) shows capital is put to work well.
- Healthy free-cash-flow yield (~7.1%) funds buybacks and dividends.
The case against NCLH:
- Elevated leverage (debt/equity 6.6x) adds financial risk.
- Interest coverage is thin (2.1x), so debt costs bite.
Balance-sheet risk — debt/equity of 6.6x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Norwegian Cruise Line Holdings is a mid-cap consumer discretionary business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 16.5x earnings, which our model scores Neutral (45/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.