Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd.

NCLHยทNYSE

$18.15

+0.50%
Consumer CyclicalTravel Services

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.

At a Glance

Live Snapshot
Market Cap$8.33B
EPS0.9400
P/E Ratio19.31
Earnings Date07/30/2026
Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. Fair Value Envelope

NCLH ยท NYSE

Our analysis suggests that NCLH has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $18.15, this represents a potential HIDDEN relative to our calculated worth for Norwegian Cruise Line Holdings Ltd..

Intrinsic Value
Current Price: $18.15

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.2B
+ Cash & Equivalents$209.9M
Firm Value$1.5B
- Debt$14.6B
Equity Value-$13.1B
/ Shares Outstanding455,257,489B
DCF Value-$29
OVERVALUED BY 259%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.0B
$522.4M
$261.2M
$130.6M
$65.3M
$32.7M
$16.3M
$8.2M
$4.1M
$2.0M
Maintenance CapEx
-$326.0M
-$163.0M
-$81.5M
-$40.7M
-$20.4M
-$10.2M
-$5.1M
-$2.5M
-$1.3M
-$636.6K
Owner Earnings
$718.9M
$359.5M
$179.7M
$89.9M
$44.9M
$22.5M
$11.2M
$5.6M
$2.8M
$1.4M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$665.7M
$308.2M
$142.7M
$66.1M
$30.6M
$14.2M
$6.6M
$3.0M
$1.4M
$650.4K
Terminal Value represents 0.9% of Enterprise Value