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Norwegian Cruise Line Holdings (Norwegian Cruise Line Holdings) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Norwegian Cruise Line Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Norwegian Cruise Line Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Norwegian Cruise Line Holdings's Cyclically Adjusted Price-to-FCF 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.

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Norwegian Cruise Line Holdings Cyclically Adjusted Price-to-FCF Chart

Norwegian Cruise Line Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Norwegian Cruise Line Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Norwegian Cruise Line Holdings's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Norwegian Cruise Line Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Norwegian Cruise Line Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.914/129.4194*129.4194
=-0.914

Current CPI (Dec. 2023) = 129.4194.

Norwegian Cruise Line Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.456 99.695 -3.188
201406 1.186 100.560 1.526
201409 0.500 100.428 0.644
201412 -0.756 99.070 -0.988
201503 1.077 99.621 1.399
201506 1.151 100.684 1.479
201509 0.587 100.392 0.757
201512 -3.133 99.792 -4.063
201603 0.868 100.470 1.118
201606 -0.943 101.688 -1.200
201609 0.833 101.861 1.058
201612 -0.004 101.863 -0.005
201703 1.388 102.862 1.746
201706 -2.020 103.349 -2.530
201709 1.635 104.136 2.032
201712 -0.005 104.011 -0.006
201803 2.037 105.290 2.504
201806 -2.070 106.317 -2.520
201809 1.598 106.507 1.942
201812 0.677 105.998 0.827
201903 1.430 107.251 1.726
201906 1.450 108.070 1.736
201909 0.945 108.329 1.129
201912 -3.006 108.420 -3.588
202003 -3.103 108.902 -3.688
202006 -5.812 108.767 -6.916
202009 -2.719 109.815 -3.204
202012 -2.417 109.897 -2.846
202103 -3.001 111.754 -3.475
202106 -2.171 114.631 -2.451
202109 -2.433 115.734 -2.721
202112 -1.349 117.630 -1.484
202203 -1.284 121.301 -1.370
202206 0.241 125.017 0.249
202209 -2.899 125.227 -2.996
202212 0.193 125.222 0.199
202303 0.629 127.348 0.639
202306 0.644 128.729 0.647
202309 -1.795 129.860 -1.789
202312 -0.914 129.419 -0.914

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


Norwegian Cruise Line Holdings  (NYSE:NCLH) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Norwegian Cruise Line Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Norwegian Cruise Line Holdings (Norwegian Cruise Line Holdings) Business Description

Address
7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 66,000), operating 31 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company had redeployed its entire fleet as of May 2022. With six passenger vessels on order among its brands through 2028 (representing 16,500 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
Executives
Jose E. Cil director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Daniel S Farkas officer: EVP Gen. Counsel & Asst. Sec'y 5840 SW 117TH STREET, CORAL GABLES FL 33156
Faye L. Ashby officer: SVP & Chief Accounting Officer 7665 CORPORATE CENTER 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
Mark Kempa officer: EVP & CFO 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
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
Andrea Demarco officer: Pres. RSSC 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Jason Montague officer: Pres. & CEO of RSSC C/O PRESTIGE CRUISES INTERNATIONAL, INC., 8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122
Zillah Byng-thorne director 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
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
Robert Binder officer: Vice Chair, Pres. & CEO OCI 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126

Norwegian Cruise Line Holdings (Norwegian Cruise Line Holdings) Headlines