Added to YB: 2025-04-25
Pitch date: 2025-04-11
NCLH [neutral]
Norwegian Cruise Line Holdings Ltd.
+23%
current return
Author Info
No bio for this author
Company Info
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally.
Market Cap
$8.7B
Pitch Price
$16.96
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.80
P/E
13.68
EV/Sales
2.46
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Patient Capital Management Opportunity Trust Portfolio Holding: Norwegian Cruise Line Holdings Ltd.
NCLH (holding update): Trading at $15.50 (50% off highs), 2023 EPS guidance $2.45, recession EPS est $1.25-1.40. Historical P/E 12-14x already pricing in recession. 5yr case: $2.45 EPS @ 12x = 13% annual return. Post-2008 recovered in 3yrs. 'Recession-resistant' per expert (35% cheaper than land vacations). Low double-digit EPS growth potential for decade+ = ~20% CAGR.
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