(VIK) Viking Holdings - Overview
Exchange: NYSE •
Country: Bermuda •
Currency: USD •
Type: Common Stock •
ISIN: BMG93A5A1010
Stock: River Cruises, Ocean Cruises, Expedition Ships, Tour Services
Total Rating 56
Risk 35
Buy Signal 0.46
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 33.7% |
| Relative Tail Risk | -1.15% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.10 |
| Alpha | 23.93 |
| Character TTM | |
|---|---|
| Beta | 1.511 |
| Beta Downside | 1.534 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.39% |
| CAGR/Max DD | 2.38 |
Description: VIK Viking Holdings December 17, 2025
Viking Holdings Ltd (NYSE:VIK) operates passenger shipping and tourism services across North America, the United Kingdom, and international routes, segmented into River and Ocean businesses. The fleet includes 96 vessels-83 river ships (58 Longships, 10 smaller Longship-based vessels, 13 other river ships, plus two chartered river vessels), 11 ocean ships, and 2 expedition ships. Founded in 1997 and domiciled in Bermuda, the company also runs tour-related activities for its passengers.
Key performance indicators from the FY 2023 filing show revenue of roughly $1.5 billion, an adjusted EBITDA margin near 13 %, and a cash-flow conversion rate of 85 %, reflecting strong operating efficiency. Passenger demand is closely tied to discretionary spending trends and U.S. consumer confidence, while fuel price volatility remains a material cost driver for both river and ocean segments. The cruise and river-tour market has been benefitting from a post-pandemic rebound, with average daily rates (ADR) on river cruises rising about 7 % YoY, supported by higher-margin premium itineraries.
For a deeper dive into VIK’s valuation metrics, you might explore the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 951.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -6.63 > 1.0 |
| NWC/Revenue: -36.85% < 20% (prev -44.66%; Δ 7.81% < -1%) |
| CFO/TA 0.18 > 3% & CFO 2.09b > Net Income 951.3m |
| Net Debt (2.61b) to EBITDA (1.61b): 1.62 < 3 |
| Current Ratio: 0.63 > 1.5 & < 3 |
| Outstanding Shares: last quarter (443.4m) vs 12m ago 1.81% < -2% |
| Gross Margin: 38.45% > 18% (prev 0.37%; Δ 3808 % > 0.5%) |
| Asset Turnover: 58.15% > 50% (prev 53.45%; Δ 4.70% > 0%) |
| Interest Coverage Ratio: 3.66 > 6 (EBITDA TTM 1.61b / Interest Expense TTM 364.0m) |
Altman Z'' -2.12
| A: -0.20 (Total Current Assets 3.85b - Total Current Liabilities 6.11b) / Total Assets 11.52b |
| B: -0.39 (Retained Earnings -4.44b / Total Assets 11.52b) |
| C: 0.13 (EBIT TTM 1.33b / Avg Total Assets 10.54b) |
| D: -0.41 (Book Value of Equity -4.38b / Total Liabilities 10.72b) |
| Altman-Z'' Score: -2.12 = D |
Beneish M -3.55
| DSRI: 0.45 (Receivables 130.2m/240.6m, Revenue 6.13b/5.10b) |
| GMI: 0.95 (GM 38.45% / 36.51%) |
| AQI: 0.88 (AQ_t 0.03 / AQ_t-1 0.03) |
| SGI: 1.20 (Revenue 6.13b / 5.10b) |
| TATA: -0.10 (NI 951.3m - CFO 2.09b) / TA 11.52b) |
| Beneish M-Score: -3.55 (Cap -4..+1) = AAA |
What is the price of VIK shares?
As of February 03, 2026, the stock is trading at USD 75.70 with a total of 3,310,310 shares traded.
Over the past week, the price has changed by +8.62%, over one month by +4.75%, over three months by +25.25% and over the past year by +51.04%.
Over the past week, the price has changed by +8.62%, over one month by +4.75%, over three months by +25.25% and over the past year by +51.04%.
Is VIK a buy, sell or hold?
Viking Holdings has received a consensus analysts rating of 4.22.
Therefore, it is recommended to buy VIK.
- StrongBuy: 9
- Buy: 4
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the VIK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 73.6 | -2.8% |
| Analysts Target Price | 73.6 | -2.8% |
| ValueRay Target Price | 99.2 | 31.1% |
VIK Fundamental Data Overview January 31, 2026
P/E Trailing = 34.715
P/E Forward = 22.6757
P/S = 5.379
P/B = 41.1731
Revenue TTM = 6.13b USD
EBIT TTM = 1.33b USD
EBITDA TTM = 1.61b USD
Long Term Debt = 4.34b USD (from longTermDebt, last quarter)
Short Term Debt = 1.09b USD (from shortTermDebt, last quarter)
Debt = 5.65b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.61b USD (from netDebt column, last quarter)
Enterprise Value = 35.56b USD (32.96b + Debt 5.65b - CCE 3.04b)
Interest Coverage Ratio = 3.66 (Ebit TTM 1.33b / Interest Expense TTM 364.0m)
EV/FCF = 52.79x (Enterprise Value 35.56b / FCF TTM 673.7m)
FCF Yield = 1.89% (FCF TTM 673.7m / Enterprise Value 35.56b)
FCF Margin = 11.00% (FCF TTM 673.7m / Revenue TTM 6.13b)
Net Margin = 15.53% (Net Income TTM 951.3m / Revenue TTM 6.13b)
Gross Margin = 38.45% ((Revenue TTM 6.13b - Cost of Revenue TTM 3.77b) / Revenue TTM)
Gross Margin QoQ = 43.60% (prev 42.22%)
Tobins Q-Ratio = 3.09 (Enterprise Value 35.56b / Total Assets 11.52b)
Interest Expense / Debt = 1.89% (Interest Expense 107.0m / Debt 5.65b)
Taxrate = 1.33% (6.91m / 520.9m)
NOPAT = 1.32b (EBIT 1.33b * (1 - 1.33%))
Current Ratio = 0.63 (Total Current Assets 3.85b / Total Current Liabilities 6.11b)
Debt / Equity = 7.05 (Debt 5.65b / totalStockholderEquity, last quarter 800.4m)
Debt / EBITDA = 1.62 (Net Debt 2.61b / EBITDA 1.61b)
Debt / FCF = 3.87 (Net Debt 2.61b / FCF TTM 673.7m)
Total Stockholder Equity = 146.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.03% (Net Income 951.3m / Total Assets 11.52b)
RoE = 650.1% (Net Income TTM 951.3m / Total Stockholder Equity 146.3m)
RoCE = 29.71% (EBIT 1.33b / Capital Employed (Equity 146.3m + L.T.Debt 4.34b))
RoIC = 23.56% (NOPAT 1.32b / Invested Capital 5.58b)
WACC = 10.07% (E(32.96b)/V(38.60b) * Re(11.48%) + D(5.65b)/V(38.60b) * Rd(1.89%) * (1-Tc(0.01)))
Discount Rate = 11.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.38%
[DCF Debug] Terminal Value 74.83% ; FCFF base≈880.7m ; Y1≈1.09b ; Y5≈1.85b
Fair Price DCF = 61.23 (EV 21.95b - Net Debt 2.61b = Equity 19.34b / Shares 315.8m; r=10.07% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 10.70 | EPS CAGR: -23.69% | SUE: -1.72 | # QB: 0
Revenue Correlation: 55.29 | Revenue CAGR: 34.72% | SUE: 0.37 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.12 | Chg30d=+0.003 | Revisions Net=+0 | Analysts=9
EPS next Year (2026-12-31): EPS=3.31 | Chg30d=+0.020 | Revisions Net=+4 | Growth EPS=+32.5% | Growth Revenue=+14.4%
P/E Forward = 22.6757
P/S = 5.379
P/B = 41.1731
Revenue TTM = 6.13b USD
EBIT TTM = 1.33b USD
EBITDA TTM = 1.61b USD
Long Term Debt = 4.34b USD (from longTermDebt, last quarter)
Short Term Debt = 1.09b USD (from shortTermDebt, last quarter)
Debt = 5.65b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.61b USD (from netDebt column, last quarter)
Enterprise Value = 35.56b USD (32.96b + Debt 5.65b - CCE 3.04b)
Interest Coverage Ratio = 3.66 (Ebit TTM 1.33b / Interest Expense TTM 364.0m)
EV/FCF = 52.79x (Enterprise Value 35.56b / FCF TTM 673.7m)
FCF Yield = 1.89% (FCF TTM 673.7m / Enterprise Value 35.56b)
FCF Margin = 11.00% (FCF TTM 673.7m / Revenue TTM 6.13b)
Net Margin = 15.53% (Net Income TTM 951.3m / Revenue TTM 6.13b)
Gross Margin = 38.45% ((Revenue TTM 6.13b - Cost of Revenue TTM 3.77b) / Revenue TTM)
Gross Margin QoQ = 43.60% (prev 42.22%)
Tobins Q-Ratio = 3.09 (Enterprise Value 35.56b / Total Assets 11.52b)
Interest Expense / Debt = 1.89% (Interest Expense 107.0m / Debt 5.65b)
Taxrate = 1.33% (6.91m / 520.9m)
NOPAT = 1.32b (EBIT 1.33b * (1 - 1.33%))
Current Ratio = 0.63 (Total Current Assets 3.85b / Total Current Liabilities 6.11b)
Debt / Equity = 7.05 (Debt 5.65b / totalStockholderEquity, last quarter 800.4m)
Debt / EBITDA = 1.62 (Net Debt 2.61b / EBITDA 1.61b)
Debt / FCF = 3.87 (Net Debt 2.61b / FCF TTM 673.7m)
Total Stockholder Equity = 146.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.03% (Net Income 951.3m / Total Assets 11.52b)
RoE = 650.1% (Net Income TTM 951.3m / Total Stockholder Equity 146.3m)
RoCE = 29.71% (EBIT 1.33b / Capital Employed (Equity 146.3m + L.T.Debt 4.34b))
RoIC = 23.56% (NOPAT 1.32b / Invested Capital 5.58b)
WACC = 10.07% (E(32.96b)/V(38.60b) * Re(11.48%) + D(5.65b)/V(38.60b) * Rd(1.89%) * (1-Tc(0.01)))
Discount Rate = 11.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.38%
[DCF Debug] Terminal Value 74.83% ; FCFF base≈880.7m ; Y1≈1.09b ; Y5≈1.85b
Fair Price DCF = 61.23 (EV 21.95b - Net Debt 2.61b = Equity 19.34b / Shares 315.8m; r=10.07% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 10.70 | EPS CAGR: -23.69% | SUE: -1.72 | # QB: 0
Revenue Correlation: 55.29 | Revenue CAGR: 34.72% | SUE: 0.37 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.12 | Chg30d=+0.003 | Revisions Net=+0 | Analysts=9
EPS next Year (2026-12-31): EPS=3.31 | Chg30d=+0.020 | Revisions Net=+4 | Growth EPS=+32.5% | Growth Revenue=+14.4%