* 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.
WBO:NCLH vs GBTG, MMYT, TNL: OCF Margin % Comparison
For the Travel Services subindustry, Norwegian Cruise Line Holdings's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Norwegian Cruise Line Holdings's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Norwegian Cruise Line Holdings's OCF Margin % falls into.
* 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.
Norwegian Cruise Line Holdings (WBO:NCLH) has a OCF Margin % of 34.81% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Norwegian Cruise Line Holdings and its competitors. This is 54% above median its historical median of 22.54. According to the industry distribution chart, Norwegian Cruise Line Holdings ranks #275 out of 844 companies in the Travel & Leisure industry, placing it in the top 32.6%.
Is Norwegian Cruise Line Holdings' OCF Margin % too high?
Norwegian Cruise Line Holdings' current OCF Margin % of 34.81% is 54% above median its 10-year median of 22.54. The Travel & Leisure industry median OCF Margin % is 14.06. Norwegian Cruise Line Holdings' value of 34.81% is 147.7% above this industry median. Based on the distribution chart, Norwegian Cruise Line Holdings ranks #275 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Norwegian Cruise Line Holdings has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Cruise Line Holdings' OCF Margin % compare to GBTG and MMYT?
According to the Travel & Leisure industry distribution chart, Norwegian Cruise Line Holdings ranks #275 out of 844 companies for OCF Margin %. This puts Norwegian Cruise Line Holdings in the upper half of its industry. The industry median OCF Margin % is 14.06. Norwegian Cruise Line Holdings' value of 34.81% is 147.7% above this benchmark. While the company's 10-year median is 22.54 vs. the industry median of 14.06, Norwegian Cruise Line Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Travel & Leisure company?
The median OCF Margin % among Travel & Leisure companies is 14.06, based on 844 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norwegian Cruise Line Holdings's current OCF Margin % of 34.81% is 147.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Norwegian Cruise Line Holdings and its competitors. For the Travel & Leisure industry, the median OCF Margin % is 14.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwegian Cruise Line Holdings's current OCF Margin % is 34.81%, which is 54% above median its own 10-year median of 22.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Cruise Line Holdings stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Cruise Line Holdings (WBO:NCLH) is currently considered Fairly Valued. The stock's GF Value™ is €19.24, compared to a current price of €18.58 — trading 3.5% below its estimated fair value. The current OCF Margin % is 34.81%, which is 54% above median its 10-year median of 22.54 and 147.7% above the Travel & Leisure industry median of 14.06. Norwegian Cruise Line Holdings' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Norwegian Cruise Line Holdings (WBO:NCLH), the current OCF Margin % is 34.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Norwegian Cruise Line Holdings (WBO:NCLH) Overvalued in 2026?
Based on GuruFocus' analysis, Norwegian Cruise Line Holdings stock appears to be undervalued.
The current stock price of €18.58 is trading 3.5% below its estimated GF Value™ of €19.24.
GuruFocus considers Norwegian Cruise Line Holdings to be Fairly Valued.
Key valuation signals for WBO:NCLH:
OCF Margin %: 34.81% (54% above median its 10-year median of 22.54)
GF Value™: €19.24 vs. price of €18.58 (3.5% below fair value)
Industry Position: 147.7% above the Travel & Leisure median (#275 of 844)
No single metric tells the full story. See the WBO:NCLH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norwegian Cruise Line Holdings Business Description
Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 75,000). It operates 35 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 16 passenger vessels on order among its brands through 2037, representing 43,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
69GF Score
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