COMP <GO>
NCLH vs MATX // EV/EBITDA & P/E VALUATION
Norwegian Cruise Line Holdings Ltd. (NYSE) VS. Matson Inc. (NYSE) • 15-METRIC TALLY: NCLH 6
— MATX 7
▲ EV/EBITDA & P/E VALUATION LEADER: NCLH
LAST: $17.57 (-3.57%) • MKT CAP: $8.37B
valuation
3.9x
LAST: $223.85 (-1.38%) • MKT CAP: $6.79B
valuation
11.1x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NCLH VS. MATX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NCLH | MATX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 11.70% | 13.50% | -1.80 | MATX | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 3.9x | 11.1x | -7.20 | NCLH | /valuation <GO> |
| Free Cash Flow Yield | -13.98% | 5.84% | -19.82 | MATX | /fcf-yield <GO> |
| Operating Margin | 66.60% | 14.90% | +51.70 | NCLH | /operating-margins <GO> |
| Net Profit Margin | 18.10% | 13.30% | +4.80 | NCLH | /net-margins <GO> |
| Revenue Growth (YoY) | 8.80% | -2.30% | +11.10 | NCLH | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.66% | -0.66 | MATX | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.45 | 3.63 | -3.18 | MATX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 6/9 | -2.00 | MATX | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 69.5 | 47.7 | +21.80 | NCLH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.07 | 1.14 | -0.07 | MATX | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.4x | 14.2x | +4.20 | MATX | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.37B | $6.79B | $1.58B | NCLH | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NCLH REV | MATX REV | NCLH GROSS % | MATX GROSS % | NCLH FCF | MATX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $3.34B | — | — | -$1.17B | $396.6M |
| FY 2024 | $0 | $3.42B | — | — | $838.9M | $613.8M |
| FY 2023 | $0 | $3.09B | — | — | $2.01B | $371.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NCLH // BETA 1.07
MATX // BETA 1.14