Norwegian Cruise Line Holdings Ltd. (NCLH)
NYSE · Consumer Discretionary · market cap 8.42B
Share price
$14.39
At the last nightly close
Intrinsic value
$10.04
A single conservative estimate.
Margin of safety
-30.2%
($10.04 − $14.39) ÷ $14.39
EV / EBIT
30.3
On the median operating profit of 15 fiscal years through 2025.
How these numbers are computed
The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above is the low end of what they agree on.
The frame gives no credit for growth. A company that compounds will therefore read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.
The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.
Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-03.
Key metrics
Market position
Annual financials
| Period | Revenue | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|
| 2025-FY | 9.83B | 1.56B | 423.2M | 0.94 | -1.17B |
| 2024-FY | 9.48B | 1.47B | 910.3M | 2.09 | 838.9M |
| 2023-FY | 8.55B | 930.9M | 166.2M | 0.39 | -744.6M |
| 2022-FY | 4.84B | -1.55B | -2.27B | -5.41 | -1.57B |
| 2021-FY | 648.0M | -2.55B | -4.51B | -12.33 | -3.22B |
Filed figures from SEC EDGAR, in the reporting currency.
Next earnings
Recent news
- NCLH Earnings: Latest Report, Earnings Call & Financialspublic.com
- Norwegian Cruise Line: The Fuel Catalyst Is Here (NYSE:NCLH) | Seeking Alphaseekingalpha.com
- Norwegian Cruise Line (NCLH) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release - July 23, 2026 - Zacks.comzacks.com
- Norwegian Cruise Line's Q2 2026 Earnings: What to Expectbarchart.com
- Norwegian Cruise Line Holdings Ltd. (NCLH) Stock Price, News, Quote & History - Yahoo Financefinance.yahoo.com
Headlines link to their source. Sperio does not republish article text.
The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on NCLH.
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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.