Stocktoria
Norwegian Cruise Line Holdings Ltd. NCLH
Norwegian Cruise Line Holdings Ltd. (NCLH) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $9.8B at a 4.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.6 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-07-31 | Citigroup | Buy (main) |
| 2026-07-31 | Mizuho | Outperform (main) |
| 2026-07-31 | Wells Fargo | Overweight (main) |
| 2026-07-31 | Stifel | Buy (main) |
| 2026-07-31 | Barclays | Equal-Weight (main) |
| 2026-07-23 | Truist Securities | Hold (down) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.191 |
| Retained earnings / assets | -0.247 |
| EBIT / assets | 0.069 |
| Equity / liabilities | 0.109 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NCLH | Norwegian Cruise Line Holdings Ltd. | 5/9 | -1.48 | 23 | +3.7% |
| KEX | KIRBY CORP | 7/9 | 4.12 | 20.6 | +3% |
| MATX | Matson, Inc. | 5/9 | 3.91 | 13.2 | -2.3% |
| RCL | ROYAL CARIBBEAN CRUISES LTD | 6/9 | 0.05 | 20 | +8.8% |
| TDW | TIDEWATER INC | 7/9 | 3.43 | 10 | +0.5% |
| GOGL | Golden Ocean Group Ltd | 7/9 | 2.38 | 7.1 | +9.3% |
| TNK | TEEKAY TANKERS LTD. | 2/9 | 15.58 | — | -22.6% |
All Transportation & Utilities companies →
About Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. It offers itineraries to destinations, such as Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, and Alaska; and inter-island itinerary in Hawaii. The company also provides features, amenities, and activities, including various accommodations, dining venues, bars and lounges, spas, casino and retail shopping areas, and entertainment choices; shore excursions at each port of call, and air transportation and hotel packages for stays before or after a voyage. It offers its products and services under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. The company was founded in 1966 and is based in Miami, Florida.
FAQ
Is NCLH financially healthy?
Norwegian Cruise Line Holdings Ltd.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does NCLH pay a dividend?
No, Norwegian Cruise Line Holdings Ltd. does not currently pay a dividend.
How profitable is NCLH?
In FY2025, Norwegian Cruise Line Holdings Ltd. had a net margin of 4.3% and a return on equity of 19.2%.
Is NCLH overvalued or undervalued?
Norwegian Cruise Line Holdings Ltd. trades at about 20.6× trailing earnings — below its 10-year norm (10-year range 12.1×–71.5×, median 23.9×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for NCLH?
The average Wall-Street price target for Norwegian Cruise Line Holdings Ltd. is $20.76, about 9.7% above the recent price, from 25 analysts (consensus: buy).
Is NCLH a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Norwegian Cruise Line Holdings Ltd.: a Piotroski F-score of 5/9, an Altman Z″ in the distress zone, a P/E of about 23.0×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.