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Norwegian Cruise Line Holdings Ltd Stock Research

NCLH

13.45USD+0.18(+1.36%)Market Closed

Market Summary

USD13.45+0.18
Market Closed
1.36%

NCLH Alerts

NCLH Stock Price

NCLH RSI Chart

NCLH Valuation

Market Cap

5.7B

Price/Earnings (Trailing)

-2.5

Price/Sales (Trailing)

1.17

EV/EBITDA

-11.36

Price/Free Cashflow

-3.6

NCLH Price/Sales (Trailing)

NCLH Profitability

EBT Margin

-47.00%

Return on Equity

-3.3K%

Return on Assets

-12.23%

Free Cashflow Yield

-27.77%

NCLH Fundamentals

NCLH Revenue

Revenue (TTM)

4.8B

Revenue Y/Y

211.66%

Revenue Q/Q

-5.97%

NCLH Earnings

Earnings (TTM)

-2.3B

Earnings Y/Y

69.32%

Earnings Q/Q

-63.33%

Price Action

52 Week Range

10.3123.43
(Low)(High)

Last 7 days

7.4%

Last 30 days

-11.2%

Last 90 days

9.9%

Trailing 12 Months

-38.5%

NCLH Financial Health

Current Ratio

0.37

Debt/Equity

184.14

Debt/Cashflow

0.02

NCLH Investor Care

Shares Dilution (1Y)

1.08%

Diluted EPS (TTM)

-5.41

Peers (Alternatives to Norwegian Cruise Line Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
205.5B
23.2B
6.43% 15.63%
33.26
8.86
-0.17% -18.13%
119.6B
32.9B
2.66% 17.86%
36.01
3.63
8.41% -24.41%
16.7B
8.8B
-8.67% -22.06%
-7.73
1.88
477.01% 59.02%
10.5B
12.2B
-4.15% -49.80%
-1.47
1.09
537.74% 35.87%
MID-CAP
9.3B
17.0B
-3.58% -3.93%
41.24
0.55
27.66% 584.49%
7.2B
4.0B
6.07% 29.06%
26.82
1.8
15.91% 10.00%
5.8B
4.7B
-11.38% -14.48%
21.79
1.32
19.69% 697.96%
5.7B
4.8B
-11.16% -38.53%
-2.5
1.17
278.11% 49.63%
4.6B
2.1B
-1.89% -0.86%
26.17
2.21
10.46% -11.49%
SMALL-CAP
1.8B
1.7B
-7.84% -25.07%
14.36
1.02
61.79% 371.82%
1.1B
909.4M
-6.35% -12.58%
13.01
1.16
1.47% -17.12%
679.1M
1.3B
-9.47% 2.97%
166.6
0.53
18.11% 213.03%
645.2M
422.2M
-2.32% 32.78%
30.94
1.53
6.49% -30.89%
633.1M
456.4M
-5.34% -22.01%
8.47
1.39
14.63% -4.30%

Financials for Norwegian Cruise Line Holdings

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue27.1%4,843,760,0003,812,068,0002,349,639,0001,549,944,0001,281,036,000
Operating Expenses6.2%2,128,431,0002,004,402,0001,844,991,0001,694,069,0001,592,297,000
  S&GA Expenses8.2%1,379,105,0001,274,210,0001,128,061,000984,464,000891,452,000
EBITDA42.0%-1,527,377,000-2,634,819,000-3,187,573,000-1,313,338,000-
EBITDA Margin54.4%-0.32-0.69-1.28-0.85-
Earnings Before Taxes32.3%-2,276,703,000-3,365,011,000-3,904,503,000-4,111,177,000-4,501,320,000
EBT Margin46.8%-0.47-0.88-1.57-2.65-
Net Income32.4%-2,269,909,000-3,360,150,000-3,910,641,000-4,119,109,000-4,506,587,000
Net Income Margin46.8%-0.47-0.88-1.58-2.66-
Free Cahsflow27.9%-1,573,837,000-2,183,993,000-1,864,444,000-2,768,786,000-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-2.1%18,55818,95119,11319,25518,730
  Current Assets-13.2%1,8732,1573,1323,2153,302
    Cash Equivalents-20.2%9471,1871,9002,1371,507
  Inventory-4.6%149156154142118
  Net PPE0.0%14,51614,51213,64113,53213,529
  Goodwill0%98.0098.0098.0098.0098.00
Liabilities-0.3%18,48918,55118,21117,74816,297
  Current Liabilities8.4%5,0554,6635,0334,1773,730
  Long Term Debt-2.0%12,63012,89312,23912,56411,570
Shareholder's Equity-82.8%69.004009021,5082,433
  Retained Earnings-7.3%-7,066-6,583-6,288-5,779-4,796
  Additional Paid-In Capital0.3%7,6127,5887,5677,5377,514
Accumulated Depreciation-5,065----
Shares Outstanding0.0%421421419419417
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations161.4%210-342-1,094-1,987-2,468
  Share Based Compensation-8.4%114124138130124
Cashflow From Investing-18.0%-1,755-1,487-384-581-1,004
Cashflow From Financing-40.1%9861,6471,0181,4021,678

Risks for NCLH

What is the probability of a big loss on NCLH?

89.6%


Probability that Norwegian Cruise Line Holdings stock will be more than 20% underwater in next one year

56.1%


Probability that Norwegian Cruise Line Holdings stock will be more than 30% underwater in next one year.

46.9%


Probability that Norwegian Cruise Line Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NCLH drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Norwegian Cruise Line Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for NCLH

Cumulative Returns on NCLH

-7.7%


10-Year Cumulative Returns

-18.1%


7-Year Cumulative Returns

-24.0%


5-Year Cumulative Returns

7.1%


3-Year Cumulative Returns

What are the long-term rolling returns for NCLH?

FIve years rolling returns for Norwegian Cruise Line Holdings.

Annualized Returns

Which funds bought or sold NCLH recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-28
Acrisure Capital Management, LLC
new
-
180,418
180,418
0.20%
2023-03-27
Neo Ivy Capital Management
added
196
471,000
686,000
0.46%
2023-03-23
ETF MANAGERS GROUP, LLC
sold off
-100
-548,000
-
-%
2023-03-17
American Portfolios Advisors
added
0.87
5,311
179,795
0.01%
2023-03-15
B. Riley Wealth Advisors, Inc.
added
4.17
29,533
278,533
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
20.61
2,840,010
12,326,000
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-25.45
-54,000
222,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
448
2,448
-%
2023-02-28
Voya Investment Management LLC
added
2.94
188,956
1,923,960
-%
2023-02-27
Parallax Volatility Advisers, L.P.
added
363
6,963,630
8,707,630
0.01%

1–10 of 44

Latest Funds Activity

Are funds buying NCLH calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NCLH
No. of Funds

Norwegian Cruise Line Holdings News

MarketWatch

Norwegian Cruise Line Holdings Ltd. stock rises Friday, still underperforms market.

MarketWatch,
15 hours ago

Nasdaq

Investopedia

Bank Stocks Lift Dow, S&P 500.

Investopedia,
4 days ago

StockNews.com

The Motley Fool

Schedule 13G FIlings of Norwegian Cruise Line Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
8.8%
37,290,345
SC 13G
Feb 09, 2023
blackrock inc.
5.8%
24,401,708
SC 13G/A
Feb 09, 2023
vanguard group inc
11.27%
47,475,416
SC 13G/A
Apr 08, 2022
vanguard group inc
10.83%
45,160,452
SC 13G/A
Feb 08, 2022
blackrock inc.
5.1%
21,203,397
SC 13G
Dec 10, 2021
blackrock inc.
4.96%
20,669,199
SC 13G/A
Mar 09, 2021
lc9 skipper, l.p.
0%
0
SC 13D/A
Feb 16, 2021
price t rowe associates inc /md/
0.1%
537,495
SC 13G/A
Feb 11, 2021
janus henderson group plc
0.0%
61,403
SC 13G/A
Feb 10, 2021
vanguard group inc
10.29%
32,488,699
SC 13G/A

NCLH Fair Value

Norwegian Cruise Line Holdings fair value in different scenarios

The table shows the Fair Value estimates for Norwegian Cruise Line Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

2.09

-84.46%

4.32

-67.88%

12.44

-7.51%

19.39

44.16%

23.87

77.47%
Current Inflation

1.80

-86.62%

3.85

-71.38%

10.77

-19.93%

16.70

24.16%

20.49

52.34%
Very High Inflation

1.42

-89.44%

3.25

-75.84%

8.76

-34.87%

13.54

0.67%

16.54

22.97%

Historical Norwegian Cruise Line Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Norwegian Cruise Line Holdings

View All Filings
Date Filed Form Type Document
Mar 20, 2023
8-K
Current Report
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Feb 28, 2023
10-K
Annual Report

Latest Insider Trading transactions for NCLH

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
Ashby Faye L.
sold (taxes)
-69,144
15.14
-4,567
svp & chief accounting officer
2023-03-01
Del Rio Frank J
sold (taxes)
-1,785,200
15.14
-117,913
pres. & ceo
2023-03-01
Farkas Daniel S
acquired
-
-
66,050
evp gen. counsel & asst. sec'y
2023-03-01
DeMarco Andrea
sold (taxes)
-61,619
15.14
-4,070
pres. rssc
2023-03-01
Lindsay T. Robin
sold (taxes)
-272,217
15.14
-17,980
evp, vessel operations
2023-03-01
Sommer Harry
sold (taxes)
-272,217
15.14
-17,980
pres. & ceo of ncl
2023-03-01
Farkas Daniel S
sold (taxes)
-226,328
15.14
-14,949
evp gen. counsel & asst. sec'y
2023-03-01
Kempa Mark
acquired
-
-
66,050
evp & cfo
2023-03-01
Kempa Mark
sold (taxes)
-272,217
15.14
-17,980
evp & cfo
2023-03-01
Sommer Harry
acquired
-
-
66,050
pres. & ceo of ncl

1–10 of 50

Frank Jose Del Rio
34700
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. As of December 31, 2021, the company had 28 ships with approximately 59,150 berths. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.

NCLH Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue   
Total revenue$ 4,843,760$ 647,986$ 1,279,908
Cruise operating expense   
Total cruise operating expense4,267,0861,608,0371,693,061
Other operating expense   
Marketing, general and administrative1,379,105891,452745,345
Depreciation and amortization749,326700,845717,840
Impairment loss  1,607,797
Total other operating expense2,128,4311,592,2973,070,982
Operating loss(1,551,757)(2,552,348)(3,484,135)
Non-operating income (expense)   
Interest expense, net(801,512)(2,072,925)(482,313)
Other income (expense), net76,566123,953(33,599)
Total non-operating income (expense)(724,946)(1,948,972)(515,912)
Net loss before income taxes(2,276,703)(4,501,320)(4,000,047)
Income tax benefit (expense)6,794(5,267)(12,467)
Net loss$ (2,269,909)$ (4,506,587)$ (4,012,514)
Weighted-average shares outstanding   
Basic (in shares)419,773,195365,449,967254,728,932
Diluted (in shares)419,773,195365,449,967254,728,932
Loss per share   
Basic (in dollars per share)$ (5.41)$ (12.33)$ (15.75)
Diluted (in dollars per share)$ (5.41)$ (12.33)$ (15.75)
Passenger ticket   
Revenue   
Total revenue$ 3,253,799$ 392,752$ 867,110
Commissions, transportation and other   
Cruise operating expense   
Total cruise operating expense1,034,629143,524380,710
Onboard and other   
Revenue   
Total revenue1,589,961255,234412,798
Cruise operating expense   
Total cruise operating expense357,93254,03785,678
Payroll and related   
Cruise operating expense   
Total cruise operating expense1,088,639537,439521,301
Fuel   
Cruise operating expense   
Total cruise operating expense686,825301,852264,712
Food   
Cruise operating expense   
Total cruise operating expense263,80762,99965,369
Other   
Cruise operating expense   
Total cruise operating expense$ 835,254$ 508,186$ 375,291

NCLH Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 946,987$ 1,506,647
Short-term investments 240,000
Accounts receivable, net326,2721,167,473
Inventories148,717118,205
Prepaid expenses and other assets450,893269,243
Total current assets1,872,8693,301,568
Property and equipment, net14,516,36613,528,806
Goodwill98,13498,134
Trade names500,525500,525
Other long-term assets1,569,8001,300,804
Total assets18,557,69418,729,837
Current liabilities:  
Current portion of long-term debt991,128876,890
Accounts payable228,742233,172
Accrued expenses and other liabilities1,318,4601,059,034
Advance ticket sales2,516,5211,561,336
Total current liabilities5,054,8513,730,432
Long-term debt12,630,40211,569,700
Other long-term liabilities803,850997,055
Total liabilities18,489,10316,297,187
Commitments and contingencies (Note 13)
Shareholders' equity:  
Ordinary shares, $0.001 par value; 980,000,000 shares authorized; and 421,413,565 shares issued and outstanding at December 31, 2022 and 416,891,915 shares issued and outstanding at December 31, 2021421417
Additional paid-in capital7,611,5647,513,725
Accumulated other comprehensive income (loss)(477,079)(285,086)
Accumulated deficit(7,066,315)(4,796,406)
Total shareholders' equity68,5912,432,650
Total liabilities and shareholders' equity$ 18,557,694$ 18,729,837