Using the PEG framework with analyst consensus forward EPS growth of 25.0%, Norwegian Cruise Line Holdings Ltd. has a fair value of $58.97 based on NTM EPS (FY2026) of $2.36. The current PEG ratio is 0.17.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
Growth above 25% is capped — hypergrowth may not be sustainable long-term.
| EPS Growth RateForward | 48.1% |
| Adjusted Growth (clamped 8–25%)Clamped | 25.0% |
| Fair P/E | 25.0x |
| NTM EPS (FY2026) | $2.36 |
| Fair Value | $58.97 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $0.90 | — | — |
| FY2026E | $2.36 | +162.1% | 15 |
| FY2027E | $2.67 | +13.3% | 15 |
| FY2028E | $3.06 | +14.4% | 10 |
| FY2029E | $4.33 | +41.5% | 5 |
4Y Forward EPS CAGR: 48.1%
| Year | Net Income | EPS | YoY |
|---|
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.
| FY2021 | $-4.5B | $-12.33 | — |
| FY2022 | $-2.3B | $-5.41 | — |
| FY2023 | $166.2M | $0.39 | — |
| FY2024 | $910.3M | $1.89 | +384.6% |
| FY2025 | $423.2M | $0.90 | -52.4% |
4Y Historical EPS CAGR: 166.1%