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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Norwegian Cruise Line Holdings's 10-Year RORE % for the quarter that ended in Mar. 2026 was 9.04%.
NCLH's 10-Year RORE % is ranked better than 54.81% of 582
companies
in the Travel & Leisure industry
Industry Median: 5.18
vs NCLH: 9.04
Norwegian Cruise Line Holdings (NYSE:NCLH) 10-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Norwegian Cruise Line Holdings 10-Year RORE % Related Terms
Norwegian Cruise Line Holdings 10-Year RORE % Historical Data
* 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 10-Year RORE % Chart
NCLH vs MMYT, GBTG, TNL: 10-Year RORE % Comparison
For the Travel Services subindustry, Norwegian Cruise Line Holdings's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 10-Year RORE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Norwegian Cruise Line Holdings's 10-Year RORE % distribution charts can be found below:
* The bar in red indicates where Norwegian Cruise Line Holdings's 10-Year RORE % 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.
In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 10-year before.
Norwegian Cruise Line Holdings (NCLH) has a 10-Year RORE % of 9.04 as of Mar. 2026. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Norwegian Cruise Line Holdings and its competitors. According to the industry distribution chart, Norwegian Cruise Line Holdings ranks #263 out of 582 companies in the Travel & Leisure industry, placing it in the top 45.2%.
Is Norwegian Cruise Line Holdings' 10-Year RORE % too high?
Norwegian Cruise Line Holdings' current 10-Year RORE % is 9.04. The Travel & Leisure industry median 10-Year RORE % is 5.18. Norwegian Cruise Line Holdings' value of 9.04 is 74.5% above this industry median. Based on the distribution chart, Norwegian Cruise Line Holdings ranks #263 out of 582 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Norwegian Cruise Line Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Cruise Line Holdings' 10-Year RORE % compare to MMYT and GBTG?
According to the Travel & Leisure industry distribution chart, Norwegian Cruise Line Holdings ranks #263 out of 582 companies for 10-Year RORE %. This puts Norwegian Cruise Line Holdings in the upper half of its industry. The industry median 10-Year RORE % is 5.18. Norwegian Cruise Line Holdings' value of 9.04 is 74.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year RORE % for a Travel & Leisure company?
The median 10-Year RORE % among Travel & Leisure companies is 5.18, based on 582 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norwegian Cruise Line Holdings's current 10-Year RORE % of 9.04 is 74.5% 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 10-Year RORE % mean?
A high 10-Year RORE % can signal that a stock is expensive relative to its fundamentals. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Norwegian Cruise Line Holdings and its competitors. For the Travel & Leisure industry, the median 10-Year RORE % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwegian Cruise Line Holdings's current 10-Year RORE % is 9.04. 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 (NCLH) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.02, compared to a current price of $19.46 — trading 11.6% below its estimated fair value. The current 10-Year RORE % is 9.04 and 74.5% above the Travel & Leisure industry median of 5.18. Norwegian Cruise Line Holdings' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year RORE % calculated?
10-Year RORE % is calculated from a company's financial statements. For Norwegian Cruise Line Holdings (NCLH), the current 10-Year RORE % is 9.04 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 (NCLH) Overvalued in 2026?
Based on GuruFocus' analysis, Norwegian Cruise Line Holdings stock appears to be undervalued.
The current stock price of $19.46 is trading 11.6% below its estimated GF Value™ of $22.02.
GuruFocus considers Norwegian Cruise Line Holdings to be Modestly Undervalued.
Key valuation signals for NCLH:
10-Year RORE %: 9.04
GF Value™: $22.02 vs. price of $19.46 (11.6% below fair value)
Industry Position: 74.5% above the Travel & Leisure median (#263 of 582)
No single metric tells the full story. See the 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.
77GF Score
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