Norwegian Cruise Line Hlgs Ltd. (NCLH)$16.30

Market Cap: 7.70 BCurrency: USD

Research Snapshot

Static fundamentals, valuation context, and investor signals for Norwegian Cruise Line Hlgs Ltd. (NCLH).

CONSUMER CYCLICAL

TRAVEL SERVICES

DCF ready

Valuation

-6.4x

EV/FCF, N/A FCF yield

Quality

19.2%

ROIC, N/A FCF margin

Growth

N/A

5Y sales (revenue) CAGR

Balance sheet

0.0x

Debt/equity, 0.2x current ratio

Superinvestors

Top: Samantha McLemore (4.0%)

Strengths to research

Return on equity is strong at 19.2%.
Debt/equity looks manageable at 0.0x.
3 tracked superinvestors report a position.
10 annual periods are available for trend analysis.

Watchouts

Current ratio is below 1 at 0.2x.

Annual data: 10 periods

Quarterly data: 24 periods

Stock snapshot: May 25, 2026

Static dataset: May 25, 2026

Quality Scorecard

Build-time composite score for NCLH.

Grade D

/ 100

Peer Comparison

Target stock against 5 market-cap comparable peers.

Heat map: red worst to green best


NCLH Target	Norwegian Cruise Line Hlgs Ltd.	$7.7B	17.7x	-6.4x	19.2%	N/A	N/A	N/A	-0.1x	N/A
TNL	Travel Leisure Co.	$3.1B	18.9x	16.2x	5.0%	13.2%	13.0%	N/A	7.9x	N/A
EXPE	Expedia Group Inc.	$21.1B	21.9x	7.0x	17.5%	23.2%	21.1%	N/A	0.3x	N/A
CCL	Carnival Corp.	$26.5B	12.9x	19.9x	7.0%	36.6%	9.8%	N/A	5.7x	N/A
TCOM	Trip.com Group Ltd	$39.9B	N/A	17.6x	19.5%	26.0%	21.8%	80.6%	-2.4x	N/A
RCL	ROYAL CARIBBEAN CRUISES LTD	$62.1B	16.4x	49.6x	42.5%	52.0%	6.9%	N/A	-0.2x	N/A

Financial Charts

No financial data available for NCLH (annual).

3 superinvestors own NCLH

Current quarter ownership and quarter-over-quarter share changes.

Superinvestor ownership

Fund	Shares	Value	% Portfolio	QoQ Change
John Rogers Ariel Appreciation Fund	14,661,579	$274M	3.07%	0.0%
Samantha McLemore Patient Capital Management	5,749,640	$108M	4.01%	0.0%
Seth Klarman Baupost Group	3,630,000	$68M	1.33%	0.0%