GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) » Definitions » Cyclically Adjusted FCF per Share

NCLH (Norwegian Cruise Line Holdings) Cyclically Adjusted FCF per Share : $-2.55 (As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Norwegian Cruise Line Holdings Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Norwegian Cruise Line Holdings's adjusted free cash flow per share for the three months ended in Dec. 2024 was $0.301. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-2.55 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -75.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Norwegian Cruise Line Holdings was -3.60% per year. The lowest was -217.50% per year. And the median was -37.30% per year.

As of today (2025-04-30), Norwegian Cruise Line Holdings's current stock price is $17.38. Norwegian Cruise Line Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $-2.55. Norwegian Cruise Line Holdings's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Norwegian Cruise Line Holdings was 497.09. The lowest was 230.67. And the median was 356.42.


Norwegian Cruise Line Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Norwegian Cruise Line Holdings's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Norwegian Cruise Line Holdings Cyclically Adjusted FCF per Share Chart

Norwegian Cruise Line Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.19 -2.29 -2.88 -2.86 -2.55

Norwegian Cruise Line Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.86 -2.46 -2.57 -2.68 -2.55

Competitive Comparison of Norwegian Cruise Line Holdings's Cyclically Adjusted FCF per Share

For the Travel Services subindustry, Norwegian Cruise Line Holdings's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norwegian Cruise Line Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Norwegian Cruise Line Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Norwegian Cruise Line Holdings's Cyclically Adjusted Price-to-FCF falls into.


;
;

Norwegian Cruise Line Holdings Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Norwegian Cruise Line Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.301/133.1571*133.1571
=0.301

Current CPI (Dec. 2024) = 133.1571.

Norwegian Cruise Line Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 1.077 99.621 1.440
201506 1.151 100.684 1.522
201509 0.587 100.392 0.779
201512 -3.133 99.792 -4.180
201603 0.868 100.470 1.150
201606 -0.943 101.688 -1.235
201609 0.833 101.861 1.089
201612 -0.004 101.863 -0.005
201703 1.388 102.862 1.797
201706 -2.020 103.349 -2.603
201709 1.635 104.136 2.091
201712 -0.005 104.011 -0.006
201803 2.037 105.290 2.576
201806 -2.070 106.317 -2.593
201809 1.598 106.507 1.998
201812 0.677 105.998 0.850
201903 1.430 107.251 1.775
201906 1.450 108.070 1.787
201909 0.945 108.329 1.162
201912 -3.006 108.420 -3.692
202003 -3.103 108.902 -3.794
202006 -5.812 108.767 -7.115
202009 -2.719 109.815 -3.297
202012 -2.417 109.897 -2.929
202103 -3.001 111.754 -3.576
202106 -2.171 114.631 -2.522
202109 -2.433 115.734 -2.799
202112 -1.349 117.630 -1.527
202203 -1.284 121.301 -1.409
202206 0.241 125.017 0.257
202209 -2.899 125.227 -3.083
202212 0.193 125.222 0.205
202303 0.629 127.348 0.658
202306 0.644 128.729 0.666
202309 -1.795 129.860 -1.841
202312 -0.914 129.419 -0.940
202403 1.272 131.776 1.285
202406 0.643 132.554 0.646
202409 -0.380 133.029 -0.380
202412 0.301 133.157 0.301

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Norwegian Cruise Line Holdings  (NYSE:NCLH) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Norwegian Cruise Line Holdings was 497.09. The lowest was 230.67. And the median was 356.42.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Norwegian Cruise Line Holdings Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Norwegian Cruise Line Holdings's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Norwegian Cruise Line Holdings Business Description

Address
7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 66,500). It operates 32 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With 13 passenger vessels on order among its brands through 2036, representing 41,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
Executives
Faye L. Ashby officer: SVP & Chief Accounting Officer 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Mark Kempa officer: EVP & CFO 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Andrea Demarco officer: Pres. RSSC 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Harry Sommer officer: Pres. & CEO of NCL 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Zillah Byng-thorne director 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Daniel S Farkas officer: EVP Gen. Counsel & Asst. Sec'y 5840 SW 117TH STREET, CORAL GABLES FL 33156
Jose E. Cil director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Patrik Dahlgren officer: EVP, Vessel Operations 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Del Rio Frank J director, officer: Pres. & CEO 8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122
David Herrera officer: Pres. NCL 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Del Rio Frank A. officer: Pres. Oceania Cruises C/O NEW BEGINNINGS ACQUISITION CORP., 800 1ST STREET, UNIT 1, MIAMI FL 33139
Jason Montague officer: Pres. & CEO of RSSC C/O PRESTIGE CRUISES INTERNATIONAL, INC., 8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122
Howard J Sherman officer: Pres. & CEO Oceania Cruises 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Russell W Galbut director 7665 CORPORATE DRIVE, MIAMI FL 33126
Harry C Curtis director C/O NORWEGIAN CRUISE LINE HOLDINGS, 7300 CORPORATE CENTER DRIVE, MIAMI FL 33126