CMB.TECH NV (CMBT) vs Norwegian Cruise Line (NCLH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
CMB.TECH NV (CMBT) has outperformed Norwegian Cruise Line (NCLH) over the past year, gaining 126.9% versus a loss of 33.1%. Over five years, CMBT leads with a +89.5% price change compared with -41.6% for NCLH. Norwegian Cruise Line is the larger company by market cap ($7.15 billion vs $5.98 billion), about 1.2 times the size.
On valuation, Norwegian Cruise Line trades at a lower forward P/E (9.6x vs 13.4x for CMB.TECH NV). CMB.TECH NV pays a dividend yielding 1.99%, while Norwegian Cruise Line does not currently pay one. CMB.TECH NV converts more of its revenue into profit, with a net margin of 92.6% versus 4.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CMBT | NCLH |
|---|---|---|
| Share price | $20.60 | $15.57 |
| Market cap | $5.98B | $7.15B |
| 1-day change | -1.01% | +0.52% |
| YTD return | +113.47% | -30.24% |
| 1-year return | +126.87% | -33.15% |
| 5-year return | +89.51% | -41.61% |
| P/E ratio (TTM) | 7.03 | 9.61 |
| Forward P/E | 13.38 | 9.64 |
| EPS (TTM) | $2.93 | $1.62 |
| Dividend yield | 1.99% | 0.00% |
| Annual dividend | $0.41 | $0.00 |
| Revenue (latest FY) | $940.25M | $9.83B |
| Revenue growth (YoY) | -23.87% | +3.67% |
| Net income (latest FY) | $870.83M | $423.25M |
| Gross margin | — | 42.62% |
| Operating margin | 106.62% | 15.88% |
| Net margin | 92.62% | 4.31% |
| 52-week high | $20.89 | $25.13 |
| 52-week low | $8.95 | $13.63 |
| Distance from 52-week high | -1.36% | -38.04% |
| Analyst consensus | buy | buy |
| Avg. price target upside | -0.73% | +28.97% |
| Average volume | 994.77K | 16.87M |
| Shares outstanding | 290.17M | 459.19M |
| Employees | — | 44,500 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Marine Transportation | Marine Transportation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CMBT has outperformed NCLH by 160.0 percentage points over the past year.
- Norwegian Cruise Line trades at a higher earnings multiple (9.6x vs 7.0x trailing P/E).
- CMB.TECH NV offers a meaningfully higher dividend yield (1.99% vs 0.00%).
- CMB.TECH NV is more profitable, keeping 92.6 cents of every revenue dollar as net income versus 4.3 cents for Norwegian Cruise Line.
- Norwegian Cruise Line grew revenue faster in its latest fiscal year (+3.67% vs -23.87%).
About CMB.TECH NV
CMBT stock →Cmb.Tech NV engages in marine transportation business in Belgium. It operates through three divisions: Marine, H2 Infra, and H2 Industry.
Consumer Discretionary · Marine Transportation
About Norwegian Cruise Line
NCLH stock →Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. It offers itineraries to destinations, such as Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, and Alaska; and inter-island itinerary in Hawaii.
Consumer Discretionary · Marine Transportation · 44,500 employees
CMBT vs NCLH FAQ
Which is bigger, CMB.TECH NV or Norwegian Cruise Line?
Norwegian Cruise Line (NCLH) is larger, with a market capitalization of $7.15B compared with $5.98B for CMB.TECH NV (CMBT).
Which stock has performed better over the past year, CMBT or NCLH?
CMBT returned +126.87% over the past 12 months, compared with -33.15% for NCLH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CMBT or NCLH?
CMBT has the lower trailing P/E at 7.0, versus 9.6 for NCLH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CMB.TECH NV or Norwegian Cruise Line?
CMB.TECH NV pays a dividend yielding 1.99%, while Norwegian Cruise Line does not currently pay a regular dividend.
Are CMB.TECH NV and Norwegian Cruise Line in the same industry?
Yes. Both are classified in the Marine Transportation industry within the Consumer Discretionary sector.