$80.56+2.36 (+3.02%)
At close: Oct 2, 2026, 4:00 PM ET
$80.78+0.22 (+0.27%)
After hours: Oct 2, 2026, 4:25 PM ET· last 1-minute bar
Viking Holdings Ltd. · Tenets
How VIK measures up against value, income, timing, and long-hold tenets. Every criterion shows the live number and the pass rule. Always free.
The tenets below and the 0-100 Tenet Score on this report are two separate computations: each tenet runs its own criteria and its own pass rule, while the score is a percentile composite reported as one of four verdict words (Strong, Solid, Mixed or Weak).
5 / 17 qualify todayas of 2026-10-02 · computed nightly from our fundamentals DB; point-in-time auditable.
QUALIFIES
5
meet every gate today
BORDERLINE
1
within one input of the gate
FAILS
9
miss at least one gate
UNKNOWN
2
insufficient data to judge
passesfailsborderlineunknown
Value — six classic philosophies
Buffett Qualitydurable moat
✓ QualifiesUnknown — no dataROE ≥ 15%— · ≥ 15.0%
PassesGross margin ≥ 40%(fiscal 2025: files no quarterly statements)43.3% · ≥ 40.0%
PassesNet margin ≥ 15%(fiscal 2025: files no quarterly statements)17.7% · ≥ 15.0%
Unknown — no dataDebt/equity ≤ 0.5— · ≤ 0.50
PassesGrowing FCF (multi-yr)(fiscal 2022 to 2025)35.5% per year · > 0
Decided by the pass rule for Buffett Quality.The pass rule for Buffett Quality is what decides that verdict, and it is not restated here. 2 of 5 carry no data.Buffett Quality under The screens ›
Piotroski F-Scorefinancial strength
✓ 9 / 9PassesReturn on assets positive(fiscal 2025)9.4% · > 0
PassesOperating cash flow positive(fiscal 2025)$2.4B · > 0
PassesReturn on assets improving(fiscal 2025)1.5% → 9.4%
PassesEarnings backed by cash (CFO > net income)(fiscal 2025)$2.4B vs $1.1B
PassesLeverage falling (long-term debt / assets)(fiscal 2025)48.1% → 41.9%
PassesCurrent ratio improving(fiscal 2025)0.62 → 0.79
PassesNo share dilution (≤ +2%)(fiscal 2025)+0.7%
PassesGross margin expanding(fiscal 2025)41.6% → 43.3%
PassesAsset turnover improving(fiscal 2025)0.53 → 0.53
Decided by the pass rule for Piotroski F-Score.The pass rule for Piotroski F-Score is what decides that verdict, and it is not restated here. These checks score 9 of 9.Piotroski F-Score under The screens ›
Munger Compoundershigh-ROIC quality
✓ QualifiesPassesROIC ≥ 15%(fiscal 2025: files no quarterly statements)22.8% · ≥ 15.0%
PassesNet debt/EBITDA ≤ 3×(fiscal 2025: files no quarterly statements)0.7× · ≤ 3.0×
Unknown — no dataAltman Z ≥ 3 (safe zone)— · ≥ 3.00
Decided by the pass rule for Munger Compounders.The pass rule for Munger Compounders is what decides that verdict, and it is not restated here. 1 of 3 carry no data.Munger Compounders under The screens ›
Magic FormulaROC + earnings yield (threshold check; full rank needs universe)
✕ FailsPassesEBIT > 0(fiscal 2025: files no quarterly statements)$1.5B · > 0
FailsEarnings yield EBIT/EV ≥ 6%(fiscal 2025: files no quarterly statements)3.6% · ≥ 6.0%
Unknown — no dataReturn on capital ≥ 25%— · ≥ 25.0%
Decided by the pass rule for Magic Formula.The pass rule for Magic Formula is what decides that verdict, and it is not published separately on the methodology page. 1 of 3 carry no data.About this screen ›
Graham Defensivemargin of safety
✕ FailsPassesSize: market cap ≥ $2B$34.9B · ≥ $2.0B
FailsCurrent ratio ≥ 2(fiscal 2025: files no quarterly statements)0.79 · ≥ 2.00
FailsPositive EPS 4yWe hold no record of earnings per share for fiscal 2022 and 2023, so those years are judged on the sign of net income to common shareholders, or of net income where we hold no figure for common shareholders.3y
Unknown — no dataPays a dividend— · > 0
PassesEPS growth ≥ 3%/yr(fiscal 2024 to 2025)645.5% per year · ≥ 3.0%
FailsP/E ≤ 15(latest fiscal year: files no quarterly statements)30.36 · ≤ 15.00
Unknown — no dataP/E × P/B ≤ 22.5— · ≤ 22.50
Decided by the pass rule for Graham Defensive.The pass rule for Graham Defensive is what decides that verdict, and it is not restated here. 2 of 7 carry no data.Graham Defensive under The screens ›
Lynch GARPgrowth at reasonable price (historical-CAGR basis)
✕ FailsPassesPEG < 1 (hist. growth)(through fiscal 2025)0.05 · < 1.00
FailsEPS growth 10–30%(fiscal 2024 to 2025)645.5% per year · 10.0%–30.0%
Decided by the pass rule for Lynch GARP.The pass rule for Lynch GARP is what decides that verdict, and it is not restated here.Lynch GARP under The screens ›
Income — dividend safety
Income & Dividend Safetycoverage over headline yield
— UnknownUnknown — no dataPays a dividend— · > 0
Unknown — no dataYield in a healthy band (not a yield trap)— · 1.0%–8.0%
Unknown — no dataCovered by free cash flow— · ≥ 1.20
Unknown — no dataEarnings payout not stretched— · ≤ 75.0%
Unknown — no dataBalance sheet can sustain the payout0.7× · ≤ 4.0×
Verdict Unknown for this set.Verdict Unknown for this set. None of the 5 checks below carry data. The pass rule for Income & Dividend Safety is not published separately on the methodology page.
Dividend Growthraises you can count on
— UnknownUnknown — no dataPays a dividend— · > 0
Unknown — no dataAnnual dividend raised 10+ years running (Aristocrat ≥25, King ≥50)— · ≥ 10.00
Unknown — no dataNo dividend cut in the last 5 years—
Unknown — no data5-year dividend growth ≥ 5%/yr— · ≥ 5.0%
Unknown — no dataCovered by free cash flow— · ≥ 1.20
Unknown — no dataPayout not stretched— · ≤ 75.0%
Verdict Unknown for this set.Verdict Unknown for this set. None of the 6 checks below carry data.Dividend Growth under The screens ›
Long Hold — quality compounders
Quality Compounderhigh returns, reinvested, few new shares
✓ QualifiesNot scored: see the reason belowReturn on invested capital ≥ 15% in 4+ of the last 5 yearsOnly 3 of the last 5 fiscal years have return-on-invested-capital on record in our data; 4 are needed to score this criterion, so it is left unscored rather than counted against.2 of 3 on file
PassesRevenue compounding ≥ 8%/yr over 5 years27.0% per year · ≥ 8.0%
Not scored: see the reason belowNot diluting: diluted share count flat-to-down (≤ +1%/yr)Not enough clean diluted-share-count history to measure dilution.— · ≤ 1.0%
PassesFree cash flow margin ≥ 12%21.6% · ≥ 12.0%
PassesEarnings backed by cash (operating cash flow ≥ net income)2.12 · ≥ 1.00
Reading: no data. Not a gate checkDisciplined buybacks: actively reducing the share count (bonus)reading, not a gate checkNot enough clean diluted-share-count history to assess buybacks.—
Decided by the pass rule for Quality Compounder.The pass rule for Quality Compounder is what decides that verdict, and it is not restated here. 2 of 5 carry no data. Lines marked as readings are published beside the checks and are not gate checks.Quality Compounder under The screens ›
Timing — dip & swing receipts
Drawdown Contexta dip, not a collapse
✕ FailsPassesOff its 52-week high by 8–35% (a dip, not a collapse)29.0% · 8.0%–35.0%
FailsDip within its own normal pullback band0.29
FailsNot past where its dips have historically recovered from2.65
FailsA dip in an uptrend (above a rising 200-day)83.91
FailsHigher-low structure still intactstructure broken · higher low
Unknown — no dataClear of the earnings blackout (more than 5 days out)— · > 5.00
Decided by the pass rule for Drawdown Context.The pass rule for Drawdown Context is what decides that verdict, and it is not published separately on the methodology page. 1 of 6 carry no data.
Reversal Evidencedaily close onlysigns the pullback is turning
✕ FailsFailsA bullish MACD cross within 10 sessions12.00 · ≤ 10.00
FailsReclaimed a rising 50-day EMA88.29
PassesPrinted a higher lowyes
FailsA volume thrust on the turn (≥ 1.2× normal)0.85 · ≥ 1.20
FailsReversal signals fired: 3 of 4 (MACD·MA·HL·Vol)1.00 · ≥ 3.00
Decided by the pass rule for Reversal Evidence.The pass rule for Reversal Evidence is what decides that verdict, and it is not published separately on the methodology page.
Not-a-Value-Trap Gatecheap for a good reason, not a broken one
✕ FailsUnknown — no dataIn the cheap half of its own 5-year valuation range—
FailsEarnings estimates not being cut−0.02
PassesReturns on capital not deteriorating0.23
Decided by the pass rule for Not-a-Value-Trap Gate.The pass rule for Not-a-Value-Trap Gate is what decides that verdict, and it is not published separately on the methodology page. 1 of 3 carry no data.
Quality Floorpasses the quality/value gate on this dip
✓ QualifiesPassesOperating profit is positive(fiscal 2025: files no quarterly statements)$1.5B · > 0
PassesReturn on invested capital ≥ 10%(fiscal 2025: files no quarterly statements)22.8% · ≥ 10.0%
Not scored: see the reason belowA solvent balance sheet (Altman Z ≥ 1.8, net debt/EBITDA ≤ 4)The Altman Z-score isn't derivable from the statements we have on file, so this two-part test is left unscored.—
PassesQuality score ≥ 5082.80 · ≥ 50.00
PassesRevenue growing over 5 years(fiscal 2022 to 2025)27.0% per year · > 0
Decided by the pass rule for Quality Floor.The pass rule for Quality Floor is what decides that verdict, and it is not published separately on the methodology page. 1 of 5 carry no data.
Qualified Dipa pullback with receipts, not a falling knife
~ BorderlineA research signal from published criteria, not a recommendation.
FailsDrawdown context29.0% off its 52-week high
FailsReversal evidence1 of 4 signals fired
FailsTrap gate1 of 3 held · 1 no data
PassesQuality floor4 of 5 held · 1 no data
Invalidation level (structure break): below this the dip's structure has broken$96.90
Decided by the pass rule for Qualified Dip.The pass rule for Qualified Dip is what decides that verdict, and it is not restated here.Qualified Dip under The screens ›
Trend Alignmentprice in a confirmed uptrend
✕ FailsFailsTrading above its 50-day average92.21
FailsTrading above its 200-day average83.91
Passes50-day average above the 200-day (uptrend stack)92.21
Fails50-day average sloping up−0.07 · > 0
Decided by the pass rule for Trend Alignment.The pass rule for Trend Alignment is what decides that verdict, and it is not published separately on the methodology page.
Relative Strengthoutperforming, ranked vs the universe
✕ FailsFails3-month return in the top half of the universe0.16 · ≥ 0.50
Passes12-minus-1 momentum in the top half of the universe0.75 · ≥ 0.50
FailsRelative strength vs the S&P 500 improving−0.00 · > 0
FailsEarnings estimates being revised up−0.02
Decided by the pass rule for Relative Strength.The pass rule for Relative Strength is what decides that verdict, and it is not published separately on the methodology page.
Momentum Triggera trigger you can see
✕ FailsFailsMACD above its signal line−3.59
FailsBack above the 50-day on a fresh cross (≤10 sessions)12.00
PassesHigher high and higher low (stair-stepping up)higher high · higher low
FailsA volume thrust on the move (≥ 1.2× normal)0.85 · ≥ 1.20
Decided by the pass rule for Momentum Trigger.The pass rule for Momentum Trigger is what decides that verdict, and it is not published separately on the methodology page.
Volatility Regimecontext, not a signal
Context, not scoredAverage daily swing: elevated0.04
Volatility band width: mid-range0.59
Distance from its 52-week high: mid-range0.29
✓
Every verdict is auditableEach criterion shows the live number and the pass rule side by side — a receipt, not a rating. Several of these screens publish their rule in full under The screens; each row links to its own section where there is one.
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Unknown ≠ failAn “— Unknown” verdict means the inputs were insufficient: context, not a signal, and never counted as a fail.
Computed from our fundamentals DB; historical-CAGR PEG basis for Lynch. Research, not investment advice. Tenet's rulesets are independently developed from publicly available sources, and Tenet is not affiliated with, sponsored by, endorsed by or otherwise associated with any referenced investor or trademark owner. Full notice. MAGIC FORMULA is a trademark of MagicFormulaInvesting.com LLC.