NCLH Norwegian Cruise Line Holdings
Intrinsic value$0.00
Price (at call)$15.59
Margin of safety
-100.0%
vs market (rating basis)
-79.4%
Model unavailable; showing baseline valuation.
⚠ LLM error: empty response; using baseline
The story
Value drivers
| Revenue growth (Y1) | 26.6% |
| Terminal growth | 3.5% |
| Forecast horizon | 10y |
| Target operating margin | 11.4% |
| Years to target margin | 5 |
| Sales-to-capital | 0.60 |
| Beta | 1.90 |
| Failure probability | 0.0% |
| Cost of capital (WACC) | 11.5% |
| Terminal WACC | 10.2% |
Valuation bridge
| PV of explicit FCFF | -12.38B |
| PV of terminal value | 15.59B |
| Equity value | 0 |
| ÷ shares → per share | $0.00 |
News
bullish +0.30 · 8 articles
- Consumer Discretionary - Travel and Vacation Providers Stocks Q2 Results: Benchmarking Norwegian Cruise Line (NYSE:NCLH)
- Norwegian Cruise Line Just Dropped 16% in a Month: Sell Now, or Buy More?
- Oil Price Rally Helps Energy Stocks, Hurts Airlines
- 1 Profitable Stock to Keep an Eye On and 2 That Underwhelm
- History Has An Opinion On This CCL Price Level
- Can NCLH's 2.5% Capacity CAGR Support a Free-Cash-Flow Inflection?
- A Hedge‑Fund Stampede Into This Deep-Value Stock Could Mark the Start of a Steep Rebound
- Norwegian Cruise Line Holdings (NCLH) Could Be 23% Undervalued After Norwegian Aura Launch
Projected free cash flow to the firm
| Yr | Revenue | Growth | Margin | NOPAT | Reinvest | FCFF | PV |
|---|---|---|---|---|---|---|---|
| 1 | 12.85B | 26.6% | 15.0% | 1.90B | 4.47B | -2.57B | -2.31B |
| 2 | 15.94B | 24.0% | 14.1% | 2.22B | 5.12B | -2.90B | -2.33B |
| 3 | 19.37B | 21.5% | 13.2% | 2.52B | 5.67B | -3.15B | -2.27B |
| 4 | 23.03B | 18.9% | 12.3% | 2.80B | 6.06B | -3.26B | -2.11B |
| 5 | 26.79B | 16.3% | 11.4% | 3.02B | 6.23B | -3.21B | -1.86B |
| 6 | 30.47B | 13.8% | 11.4% | 3.44B | 6.11B | -2.67B | -1.39B |
| 7 | 33.89B | 11.2% | 11.4% | 3.82B | 5.65B | -1.83B | -853.67M |
| 8 | 36.81B | 8.6% | 11.4% | 4.15B | 4.84B | -693.41M | -289.99M |
| 9 | 39.04B | 6.1% | 11.4% | 4.40B | 3.70B | 704.66M | 264.27M |
| 10 | 40.41B | 3.5% | 11.4% | 4.56B | 2.26B | 2.29B | 771.43M |
⚠ intrinsic value floored at 0 — the drivers imply the equity claim is worth less than the debt ahead of it · Extreme gap to market price — large, heavily-covered stocks are rarely mispriced this much; the gap likely embeds disruption, decline, or balance-sheet risk the model underweights. Treat as a flag to investigate, not a verdict.