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Norwegian Cruise Line Holdings Ltd. — Intrinsic Value & Fair Price

NCLH
NYSEConsumer CyclicalTravel ServicesCIK 0001513761nclhltd.comAbout NCLH
Valuation grade ?S
Quant grade ?B
Last close · Oct 30, 202617.57−0.65 (−3.57%)

Valuation models

price $17.57 · as of Nov 2, 2026

P/E · peers leads because DCF · Perpetuity growth · 5y could not lead: the cash-flow gate is shut (an operating loss, or three years of free cash flow summing below zero). How the headline model is chosen.

engine build:07a9d3f952ed
Model value · P/E · peers
21.22
Norwegian Cruise Line Holdings closed at $17.57 — undervalued by 17% vs model.
17.13the model's range26.68

P/E · peers leads because DCF · Perpetuity growth · 5y could not lead: the cash-flow gate is shut (an operating loss, or three years of free cash flow summing below zero). From its peers' median P/E.

Other models
26.86 – 77.63
Wall St. target
17.00 3% above
Below model, 1y
30 of 30 days

How it is valued

Valued asCyclical
Low/slowing growth (~7% recent)Decelerated from ~50% 5y CAGRThin margins (4.3% net margin)Highly cyclical earningsHigh leverage (D/E 6.6x)Negative free cash flow
What growth the price implies: the reverse DCF

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.