COMP <GO>
KEX vs NCLH // EV/EBITDA & P/E VALUATION
Kirby Corporation (NYSE) VS. Norwegian Cruise Line Holdings Ltd. (NYSE) • 15-METRIC TALLY: KEX 4
— NCLH 8
▲ EV/EBITDA & P/E VALUATION LEADER: NCLH
LAST: $143.93 (-1.42%) • MKT CAP: $7.71B
valuation
13.7x
LAST: $17.57 (-3.57%) • MKT CAP: $8.37B
valuation
3.9x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (KEX VS. NCLH)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | KEX | NCLH | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.30% | 11.70% | -2.40 | NCLH | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 13.7x | 3.9x | +9.80 | NCLH | /valuation <GO> |
| Free Cash Flow Yield | 6.73% | -13.98% | +20.71 | KEX | /fcf-yield <GO> |
| Operating Margin | 14.80% | 66.60% | -51.80 | NCLH | /operating-margins <GO> |
| Net Profit Margin | 10.50% | 18.10% | -7.60 | NCLH | /net-margins <GO> |
| Revenue Growth (YoY) | 3.00% | 8.80% | -5.80 | NCLH | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.29 | 0.45 | +2.84 | KEX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 4/9 | +4.00 | KEX | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 64.9 | 69.5 | -4.60 | NCLH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.08 | 1.07 | +0.01 | KEX | /macro-sensitivity <GO> |
| Forward P/E Multiple | 20.2x | 18.4x | +1.80 | NCLH | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.71B | $8.37B | -$657.6M | NCLH | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | KEX REV | NCLH REV | KEX GROSS % | NCLH GROSS % | KEX FCF | NCLH FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $3.36B | $0 | — | — | $518.8M | -$1.17B |
| FY 2024 | $3.27B | $0 | — | — | $609.5M | $838.9M |
| FY 2023 | $3.09B | $0 | — | — | $401.1M | $2.01B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
KEX // BETA 1.08
NCLH // BETA 1.07