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NAS.OL

BUY

Norwegian Air Shuttle ASA · Industrials · Norway · $1.7B · Avg Vol: $13M/d

72
StockRank
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Q
50
V
81
M
34
P/E (TTM)
8.5x
ROE
25.7%
D/E
2.8x
Dividend %
6.2%

COMPANY DESCRIPTION

Norwegian Air Shuttle ASA is a leading low-cost airline operating a dense short-haul network across the Nordic countries and key European destinations. Following a successful financial restructuring, the company operates a streamlined, leased fleet of Boeing 737 aircraft with a highly optimized cost structure. Its strong brand equity in Scandinavia and dominant position at key slot-constrained Nordic airports serve as its primary competitive advantages.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue1.9B2.6B3.6B3.8B25.9%3.8B4.0B4.2B5.5%
EPS0.100.170.130.2638.0%0.150.140.25-2.5%
Shares929.9M961.8M963.9M1.1B+13.2%1.1B
Debt1.0B1.4B1.6B2.0B24.7%1.9B
Equity423.7M581.9M729.9M772.9M22.2%
Op CF244.5M529.9M700.1M790.3M47.9%842.9M
Inv CF-80.8M-58.3M-324.1M-650.6M
Fin CF-157.4M-299.1M-342.4M-378.1M
Loading 1Y...
PRICE (1Y)-10.7%
1.281.371.461.541.63Jun 10Jul 1Jul 21
SMA 50SMA 200
Close
$1.28
RSI (14)
17.8
52W High
$1.73
From 52W High
0.7%

SCORE BREAKDOWN

Quality
50
ROIC
15.3%80.7
ROE
25.7%92.2
GP/Assets
17.9%56.8
Op. Margin
-5.0%10.9
FCF/Assets
5.7%68.4
Piotroski
532.8
Int. Cover
3.4x27.6
D/E Ratio
2.85x3.5
Current Ratio
0.99x12.9
Value
81
P/E (TTM)
8.5x89.1
EV/EBITDA
6.2x81.5
P/FCF
6.9x88.3
P/B
2.0x47.3
P/S
0.4x88.2
Div Yield
6.2%93.7
Momentum
34
52W High %
74%49.9
RS 6M
-32%28.3
SMA 50/200
0.99x45.7
EPS Rev 4W
-12.4%3.8
EPS Rev 12W
N/A
EPS Improve
+37%44.8
Q Growth
N/A

FUNDAMENTALS

Market Cap
$1.7B
P/E (Forward)
6.2x
Gross Margin
19.8%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of NAS.OL are excluded.

TickerCompanyMkt CapStockRankSignal
NAS.OLNorwegian Air Shuttle ASA(you)$1.7B72BUY
NORSE.OLNorse Atlantic ASA$134M12STRONG SELL
NORCO.OLNORCONSULT ASA$1.1B66BUY
AFK.OLArendals Fossekompani ASA$987M61HOLD
BONHR.OLBonheur ASA$986M84STRONG BUY
ENDUR.OLEndúr ASA$562M75BUY
AKVA.OLAKVA group ASA$497M73BUY
AFG.OLAF Gruppen ASA$2.2B94STRONG BUY
TOM.OLTomra Systems ASA$2.8B51HOLD
WWIB.OLWilh. Wilhelmsen Holding ASA$2.6B95STRONG BUY

Peer medians: ROE 14.8% · P/E 17.9x · Gross margin 39.4%

Norwegian Air Shuttle ASA (NAS.OL) — Stock Score Summary

Norwegian Air Shuttle ASA (NAS.OL) has a MoatMap StockRank of 72/100 based on Quality (50/100), Value (81/100), and Momentum (34/100) factor scores. The current signal is BUY.

Norwegian Air Shuttle ASA is a leading low-cost airline operating a dense short-haul network across the Nordic countries and key European destinations. Following a successful financial restructuring, the company operates a streamlined, leased fleet of Boeing 737 aircraft with a highly optimized cost structure. Its strong brand equity in Scandinavia and dominant position at key slot-constrained Nordic airports serve as its primary competitive advantages.

Key Financial Metrics

Price$1.28
Market Cap$1.7B
P/E (TTM)8.50
P/E (Forward)6.22
Price/Book2.01
Return on Equity25.7%
Return on Invested Capital15.3%
Debt/Equity2.85x
Gross Margin19.8%
Operating Margin-5.0%
Revenue Growth1.2%
Dividend Yield6.2%
Free Cash Flow$241M

Norwegian Air Shuttle ASA operates in the Airlines industry, part of the Industrials sector (Norway).

Frequently Asked Questions

What is Norwegian Air Shuttle ASA’s (NAS.OL) StockRank?
MoatMap’s StockRank for Norwegian Air Shuttle ASA (NAS.OL) is 72/100, with a Buy signal. It is a composite of Quality (50), Value (81), and Momentum (34) factor ranks across MoatMap’s 20,000+ stock universe.
Does Norwegian Air Shuttle ASA have an economic moat?
Norwegian Air Shuttle ASA (NAS.OL) has a Quality factor score of 50/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Norwegian Air Shuttle ASA a buy, hold, or sell?
MoatMap’s current signal for Norwegian Air Shuttle ASA (NAS.OL) is Buy, based on a StockRank of 72/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Norwegian Air Shuttle ASA in?
Norwegian Air Shuttle ASA (NAS.OL) operates in the Industrials sector, specifically the Airlines industry (Norway).