Viking Holdings Ltd. (VIK) intrinsic value & 10-year financials
Viking Holdings Ltd. (VIK) has a Graham intrinsic value of $85.36 per share. Over the last 5 fiscal years revenue grew 27.0% a year to $6.5B, with an average return on invested capital of -20.9%.
- Graham intrinsic value
- $85.36
- Revenue (FY2025)
- $6.5B
- Revenue growth (5-yr CAGR)
- 27.0%
- ROIC (10-yr avg)
- -20.9%
- Free cash flow (FY2025)
- —
VIK 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $6.5B | $1.1B | $2.57 | — | 23.1% | 51.3% |
| FY2024 | $5.3B | $153.0M | $0.36 | — | 20.2% | -96.8% |
| FY2023 | $4.7B | -$1.9B | -$4.42 | — | 17.3% | -17.1% |
| FY2022 | $3.2B | $414.7M | -$0.73 | — | 2.0% | — |
| FY2021 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Viking Holdings Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Viking Holdings Ltd has historically struggled to out-earn its cost of capital, averaging just -20.9% ROIC.
Viking Holdings Ltd capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Viking Holdings Ltd is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $85.36 per share.