Flyr AS focuses on operating an airline in Norway.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr3.72|
|52 Week High||kr3.70|
|52 Week Low||kr7.50|
|1 Month Change||-20.50%|
|3 Month Change||-29.09%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-36.40%|
Recent News & Updates
Companies Like Flyr (OB:FLYR) Are In A Position To Invest In Growth
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
|FLYR||NO Airlines||NO Market|
Return vs Industry: Insufficient data to determine how FLYR performed against the Norwegian Airlines industry.
Return vs Market: Insufficient data to determine how FLYR performed against the Norwegian Market.
Stable Share Price: FLYR is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FLYR's weekly volatility (7%) has been stable over the past year.
About the Company
Flyr AS focuses on operating an airline in Norway. It intends to offer customers with domestic and international flights from its base at Oslo Airport. The company was incorporated in 2020 and is based in Oslo, Norway.
Flyr Fundamentals Summary
|FLYR fundamental statistics|
Is FLYR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FLYR income statement (TTM)|
|Cost of Revenue||kr9.86m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
Nov 11, 2021
|Earnings per share (EPS)||-1.39|
|Net Profit Margin||0.00%|
How did FLYR perform over the long term?See historical performance and comparison
Is Flyr undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FLYR (NOK3.72) is trading below our estimate of fair value (NOK146.83)
Significantly Below Fair Value: FLYR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FLYR is unprofitable, so we can't compare its PE Ratio to the Global Airlines industry average.
PE vs Market: FLYR is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FLYR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FLYR is overvalued based on its PB Ratio (35.9x) compared to the XE Airlines industry average (2.7x).
How is Flyr forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLYR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: FLYR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FLYR's is expected to become profitable in the next 3 years.
Revenue vs Market: FLYR's revenue (41.7% per year) is forecast to grow faster than the Norwegian market (5.8% per year).
High Growth Revenue: FLYR's revenue (41.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLYR's Return on Equity is forecast to be high in 3 years time (24.9%)
How has Flyr performed over the past 5 years?
Historical Transportation annual earnings growth
Earnings and Revenue History
Quality Earnings: FLYR is currently unprofitable.
Growing Profit Margin: FLYR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if FLYR's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare FLYR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FLYR is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-22%).
Return on Equity
High ROE: FLYR has a negative Return on Equity (-145.96%), as it is currently unprofitable.
How is Flyr's financial position?
Financial Position Analysis
Short Term Liabilities: FLYR's short term assets (NOK15.8M) exceed its short term liabilities (NOK8.8M).
Long Term Liabilities: FLYR's short term assets (NOK15.8M) exceed its long term liabilities (NOK2.1M).
Debt to Equity History and Analysis
Debt Level: FLYR's debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FLYR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FLYR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FLYR's interest payments on its debt are well covered by EBIT.
What is Flyr current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FLYR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FLYR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FLYR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FLYR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FLYR's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ms. Tonje Wikstrøm Frislid serves as Chief Executive Officer at FLYR AS since May 01, 2021. Ms. Frislid is the Head of Business Unit I Single Services at Coor Service Management Holding AB since 2020. She...
Experienced Management: FLYR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: FLYR's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: FLYR only recently listed within the past 12 months.
Flyr AS's employee growth, exchange listings and data sources
- Name: Flyr AS
- Ticker: FLYR
- Exchange: OB
- Founded: 2020
- Industry: Airlines
- Sector: Transportation
- Market Cap: kr558.075m
- Shares outstanding: 150.00m
- Website: https://www.flyr.no
Number of Employees
- Flyr AS
- Nedre Vollgate 5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/17 22:32|
|End of Day Share Price||2021/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.