COMP <GO>
NCLH vs FRO // EV/EBITDA & P/E VALUATION
Norwegian Cruise Line Holdings Ltd. (NYSE) VS. Frontline Plc (NYSE) • 15-METRIC TALLY: NCLH 8
— FRO 4
▲ EV/EBITDA & P/E VALUATION LEADER: NCLH
LAST: $17.57 (-3.57%) • MKT CAP: $8.37B
valuation
3.9x
LAST: $56.90 (+0.62%) • MKT CAP: $12.59B
valuation
21.0x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NCLH VS. FRO)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NCLH | FRO | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 11.70% | 9.90% | +1.80 | NCLH | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 3.9x | 21.0x | -17.10 | NCLH | /valuation <GO> |
| Free Cash Flow Yield | -13.98% | 2.21% | -16.19 | FRO | /fcf-yield <GO> |
| Operating Margin | 66.60% | 13.90% | +52.70 | NCLH | /operating-margins <GO> |
| Net Profit Margin | 18.10% | 10.90% | +7.20 | NCLH | /net-margins <GO> |
| Revenue Growth (YoY) | 8.80% | 0.00% | +8.80 | NCLH | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.45 | 3.74 | -3.29 | FRO | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 7/9 | -3.00 | FRO | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 69.5 | 61.1 | +8.40 | NCLH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.07 | 1.01 | +0.06 | NCLH | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.4x | 30.5x | -12.10 | NCLH | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.37B | $12.59B | -$4.22B | FRO | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NCLH REV | FRO REV | NCLH GROSS % | FRO GROSS % | NCLH FCF | FRO FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | — | — | — | -$1.17B | — |
| FY 2024 | $0 | — | — | — | $838.9M | — |
| FY 2023 | $0 | — | — | — | $2.01B | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NCLH // BETA 1.07
FRO // BETA 1.01