Valuation Norwegian Cruise Line Holdings Ltd.

Equities

Market Closed - Nyse Other stock markets 04:00:03 2026-04-16 pm EDT			5-day change	1st Jan Change
20.03 ^USD	-5.16%		+0.35%	-10.26%

Apr. 15	Wells Fargo Adjusts Price Target on Norwegian Cruise Line to $26 From $32, Maintains Overweight Rating	MT
Apr. 13	UBS Adjusts Norwegian Cruise Line PT to $22 From $27, Maintains Neutral Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	8,646	5,158	8,526	11,314	10,161	9,125	-	-
Change	-	-40.35%	65.29%	32.7%	-10.19%	-10.2%	-	-
Enterprise Value (EV) ¹	19,346	17,832	22,182	24,223	24,558	24,045	24,664	23,995
Change	-	-7.83%	24.39%	9.2%	1.38%	-2.09%	2.58%	-2.71%
P/E ratio	-1.68x	-2.26x	51.4x	13.6x	24.3x	9.78x	8.6x	7.75x
PBR	3.55x	74.9x	28.3x	7.94x	4.6x	3.02x	2.23x	1.67x
PEG	-	0x	-0x	0x	-0.5x	0x	0.6x	0.7x
Capitalization / Revenue	13.3x	1.06x	1x	1.19x	1.03x	0.86x	0.81x	0.76x
EV / Revenue	29.9x	3.68x	2.59x	2.56x	2.5x	2.27x	2.18x	2.01x
EV / EBITDA	-11.2x	-26.5x	11.9x	9.88x	8.99x	8.46x	7.91x	7.15x
EV / EBIT	-7.98x	-12.5x	21.1x	15.5x	14.9x	13.8x	12.6x	11.3x
EV / FCF	-6.01x	-11.3x	-29.8x	28.9x	-21x	-50.3x	-76.9x	26.6x
FCF Yield	-16.6%	-8.83%	-3.36%	3.46%	-4.76%	-1.99%	-1.3%	3.76%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	-12.33	-5.41	0.39	1.89	0.92	2.049	2.33	2.583
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	648	4,844	8,550	9,480	9,828	10,596	11,318	11,959
EBITDA ¹	-1,724	-673.9	1,861	2,451	2,730	2,843	3,117	3,358
EBIT ¹	-2,425	-1,423	1,052	1,561	1,651	1,747	1,950	2,130
Net income ¹	-4,507	-2,270	166.2	910.3	423.2	944.2	1,087	1,319
Net Debt ¹	10,700	12,675	13,657	12,910	14,396	14,920	15,539	14,871
Reference price ²	20.74	12.24	20.04	25.73	22.32	20.03	20.03	20.03
Nbr of stocks (in thousands)	416,892	421,396	425,425	439,708	455,257	455,546	-	-
Announcement Date	2/24/22	2/28/23	2/27/24	2/27/25	3/2/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NORWEGIAN CRUISE LINE HOLDINGS LTD.	9.78x	2.27x	8.46x	-.--%	9.12B
ROYAL CARIBBEAN CRUISES LTD.	15.21x	4.71x	12.06x	1.68%	71.95B
CARNIVAL CORPORATION	12.21x	2.19x	8.47x	2.19%	37.86B
LINDBLAD EXPEDITIONS HOLDINGS, INC.	448.85x	1.91x	11.74x	-	1.28B
Average	121.51x	2.77x	10.18x	1.29%	30.05B
Weighted average by Cap.	18.46x	3.70x	10.65x	1.71%