NCLH
Norwegian Cruise Line Holdings Ltd.
NCLH has slightly lower modeled downside risk, despite its lower overall score.
TSLA
Tesla, Inc.
TSLA has a slight edge over NCLH overall on the model score.
NCLH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Weak |
NCLH's profitability is currently healthy, and its revenue is stable, but its cash flow and balance sheet are under pressure.
TSLA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Strong |
TSLA's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is under pressure.
NCLH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 9.7x | $18.06 | — |
| Cheap | 9.9x | $18.49 | +2.4% |
| Forward | 14x | $18.06 | — |
| Fair | 16x | $29.39 | +63% |
| Expensive | 22x | $40.83 | +126% |
Historical ranges are pointers, not guarantees.
NCLH has the edge over TSLA in the historical PE scenario, which offers more potential upside but is not a forecast.
TSLA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 60x | $54.70 | -86% |
| Fair | 174x | $158 | -60% |
| Forward | 196x | $397 | — |
| Expensive | 415x | $378 | -4.9% |
| Current | 437x | $397 | — |
Historical ranges are pointers, not guarantees.
TSLA's PE is in its expensive range at 437x. If earnings grow as analysts expect, today's price would be 196x next year's earnings, in its fair range.
NCLH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect NCLH's earnings and profitability to decline, with its revenue holding steady. However, they disagree widely on these estimates.
TSLA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
TSLA has the edge over NCLH on the outlook, with more favorable valuation and earnings expectations.
NCLH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.26 | -32% |
| Q3 2026 | $1.86 | +34% |
| Q2 2026 | $1.65 | +11% |
| Q1 2026 | $1.24 | -30% |
| Q4 2025 | $0.92 | -51% |
| Q3 2025 | $1.39 | +16% |
| Q2 2025 | $1.48 | +54% |
| Q1 2025 | $1.76 | +117% |
| Q4 2024 | $1.89 | +385% |
NCLH has the edge over TSLA on earnings, with more consistent year-over-year improvement.
TSLA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.03 | +123% |
| Q3 2026 | $0.91 | -39% |
| Q2 2026 | $1.08 | -38% |
| Q1 2026 | $1.09 | -40% |
| Q4 2025 | $1.08 | -47% |
| Q3 2025 | $1.50 | -59% |
| Q2 2025 | $1.73 | -51% |
| Q1 2025 | $1.82 | -53% |
| Q4 2024 | $2.04 | -53% |
TSLA's earnings per share have fallen from their peak: $0.91 over the past year, against $4.30 in late 2023.
NCLH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.9B | +0.3% |
| Q2 2026 | $2.6B | +4.9% |
| Q1 2026 | $2.3B | +9.6% |
| Q4 2025 | $2.2B | +6.4% |
| Q3 2025 | $2.9B | +4.7% |
| Q2 2025 | $2.5B | +6.1% |
| Q1 2025 | $2.1B | -2.9% |
| Q4 2024 | $2.1B | +6.2% |
NCLH has the edge over TSLA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | -4.3 points |
| Q2 2026 | 14% | -3.1 points |
| Q1 2026 | 10% | +0.6 points |
| Q4 2025 | 8.3% | -1.9 points |
| Q3 2025 | 26% | +0.9 points |
| Q2 2025 | 17% | +2.4 points |
| Q1 2025 | 9.4% | -0.5 points |
| Q4 2024 | 10% | +3.9 points |
NCLH has the edge over TSLA on profitability, with a higher operating margin.
TSLA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $28B | -0.2% |
| Q2 2026 | $28.2B | +26% |
| Q1 2026 | $22.4B | +16% |
| Q4 2025 | $24.9B | -3.1% |
| Q3 2025 | $28.1B | +12% |
| Q2 2025 | $22.5B | -12% |
| Q1 2025 | $19.3B | -9.2% |
| Q4 2024 | $25.7B | +2.1% |
TSLA's revenue has picked up after two years of holding roughly level: $28B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.6% | -3.2 points |
| Q2 2026 | 1.4% | -2.7 points |
| Q1 2026 | 4.2% | +2.1 points |
| Q4 2025 | 5.7% | -0.5 points |
| Q3 2025 | 5.8% | -5 points |
| Q2 2025 | 4.1% | -2.2 points |
| Q1 2025 | 2.1% | -3.4 points |
| Q4 2024 | 6.2% | -2 points |
TSLA's operating margin was 2.6% last quarter, down 3.2 points from the same quarter a year ago, near the bottom of its range since 2019.
NCLH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$105.4M | +$621.2M |
| Q2 2026 | $144.9M | -62% |
| Q1 2026 | -$625.2M | +$220.8M |
| Q4 2025 | $21.5M | -86% |
| Q3 2025 | -$726.5M | -$531M |
| Q2 2025 | $381.2M | +15% |
| Q1 2025 | -$846M | -254% |
| Q4 2024 | $155.8M | +$544.5M |
NCLH has burned cash in most quarters: −$564M over the past year, against −$1B the year before.
TSLA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.5B | -62% |
| Q2 2026 | -$1.1B | -848% |
| Q1 2026 | $1.4B | +117% |
| Q4 2025 | $1.4B | -30% |
| Q3 2025 | $4B | +46% |
| Q2 2025 | $146M | -89% |
| Q1 2025 | $664M | +$3.2B |
| Q4 2024 | $2B | -1.6% |
TSLA has the edge over NCLH on cash generation, producing positive trailing cash flow while its opponent burns cash.
NCLH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -3.5M shares |
| 1 year | -7.1% | -35.3M shares |
| 3 years | -10% | -51.2M shares |
| 5 years | +24% | +90.4M shares |
| Available history | +113% | +244M shares |
NCLH has the edge over TSLA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
TSLA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +1M shares |
| 1 year | +0.4% | +15M shares |
| 3 years | +1.4% | +48M shares |
| 5 years | +5.1% | +172M shares |
| Available history | +33% | +886M shares |
TSLA has 3.5B diluted shares, about the same as a year ago.
NCLH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.7x | High |
| Q2 2026 | 5.5x | High |
| Q1 2026 | 5.5x | High |
| Q4 2025 | 5.4x | High |
| Q3 2025 | 5.6x | High |
| Q2 2025 | 5.5x | High |
| Q1 2025 | 5.8x | High |
| Q4 2024 | 5.4x | High |
NCLH's net debt is about 5.7 years of its operating earnings (EBITDA), about the same as a year ago.
TSLA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.4x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
TSLA has the edge over NCLH on leverage, with a lower net debt burden relative to earnings.
NCLH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.0 | Neutral |
| Stochastic | 62.4 | Neutral |
NCLH's weekly RSI is 53 (neutral) and its Stochastic is 62 (neutral).
TSLA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.3 | Neutral |
| Stochastic | 72.6 | Neutral |
TSLA's weekly RSI is 54 (neutral) and its Stochastic is 73 (neutral).
NCLH PE vs Consumer Cyclical Sector
| Metric | NCLH | Sector median | Relative |
|---|---|---|---|
| PE | 9.7x | 18x | 46% below |
| PE % | 15 | 47 | 32 pts below |
NCLH has the edge over TSLA on valuation relative to its sector.
TSLA PE vs Consumer Cyclical Sector
| Metric | TSLA | Sector median | Relative |
|---|---|---|---|
| PE | 437x | 18x | 2,324% above |
| PE % | 84 | 47 | 37 pts above |
TSLA is trading at 437x earnings, a 2324% premium to the Consumer Cyclical sector's median of 18x.
NCLH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.1 | 12% above |
| 20 week MA | $17.1 | 5.5% above |
| 50 week MA | $19.1 | 5.4% below |
| 100 week MA | $20.6 | 12% below |
| 200 week MA | $19.2 | 6.1% below |
NCLH has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 6.1% below its 200-week average.
TSLA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $376.0 | 5.7% above |
| 20 week MA | $364.0 | 9.2% above |
| 50 week MA | $393.6 | 1% above |
| 100 week MA | $372.1 | 6.8% above |
| 200 week MA | $296.9 | 34% above |
TSLA has the edge over NCLH on trend strength, trading above more of its moving averages.
NCLH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $59.1 | $24.6 | -58% |
| 2021 | $24.6 | $22.7 | -7.6% |
| 2022 | $22.7 | $13.0 | -43% |
| 2023 | $13.0 | $20.0 | +54% |
| 2024 | $20.0 | $25.8 | +28% |
| 2025 | $25.8 | $22.8 | -11% |
| 2026 YTD | $22.8 | $18.1 | -21% |
NCLH has finished lower in four of the last six years. It's down 21% so far in 2026.
TSLA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.7 | $220.6 | +669% |
| 2021 | $220.6 | $355.7 | +61% |
| 2022 | $355.7 | $123.2 | -65% |
| 2023 | $123.2 | $248.5 | +102% |
| 2024 | $248.5 | $431.7 | +74% |
| 2025 | $431.7 | $475.2 | +10% |
| 2026 YTD | $475.2 | $397.5 | -16% |
TSLA has the edge over NCLH on returns for 2026, with the stronger performance.