Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally.
Share Price & News
How has Norwegian Air Shuttle's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NAS is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NAS's weekly volatility has decreased from 21% to 7% over the past year.
7 Day Return
1 Year Return
Return vs Industry: NAS underperformed the Norwegian Airlines industry which returned -15.6% over the past year.
Return vs Market: NAS underperformed the Norwegian Market which returned 21.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Norwegian Air Shuttle's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StRead This Before Selling Norwegian Air Shuttle ASA (OB:NAS) Shares
10 months ago | Simply Wall StNorwegian Air Shuttle ASA (OB:NAS) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
10 months ago | Simply Wall StBearish: Analysts Just Cut Their Norwegian Air Shuttle ASA (OB:NAS) Revenue and EPS estimates
Norwegian Air Shuttle Fundamentals Summary
|NAS fundamental statistics|
Is NAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NAS income statement (TTM)|
|Cost of Revenue||kr7.15b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||-151.02|
|Net Profit Margin||-630.01%|
How did NAS perform over the long term?See historical performance and comparison
Is Norwegian Air Shuttle 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: NAS (NOK9.16) is trading below our estimate of fair value (NOK21.68)
Significantly Below Fair Value: NAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NAS is unprofitable, so we can't compare its PE Ratio to the Global Airlines industry average.
PE vs Market: NAS 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 NAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NAS is overvalued based on its PB Ratio (5.5x) compared to the XE Airlines industry average (2.8x).
How is Norwegian Air Shuttle forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NAS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: NAS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NAS's is expected to become profitable in the next 3 years.
Revenue vs Market: NAS's revenue (40.2% per year) is forecast to grow faster than the Norwegian market (5.9% per year).
High Growth Revenue: NAS's revenue (40.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NAS is forecast to be unprofitable in 3 years.
How has Norwegian Air Shuttle performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NAS is currently unprofitable.
Growing Profit Margin: NAS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NAS is unprofitable, and losses have increased over the past 5 years at a rate of 75.1% per year.
Accelerating Growth: Unable to compare NAS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NAS is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-22%).
Return on Equity
High ROE: NAS has a negative Return on Equity (-1044.62%), as it is currently unprofitable.
How is Norwegian Air Shuttle's financial position?
Financial Position Analysis
Short Term Liabilities: NAS's short term assets (NOK10.1B) exceed its short term liabilities (NOK5.8B).
Long Term Liabilities: NAS's short term assets (NOK10.1B) do not cover its long term liabilities (NOK10.3B).
Debt to Equity History and Analysis
Debt Level: NAS's debt to equity ratio (340.7%) is considered high.
Reducing Debt: NAS's debt to equity ratio has reduced from 593.6% to 340.7% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NAS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NAS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Norwegian Air Shuttle current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NAS'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 NAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NAS'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 NAS'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
Geir Karlsen (56 yo)
Mr. Geir Magne Karlsen serves as Chief Executive Officer in Norwegian Air Shuttle ASA since June 21, 2021. He had been Chief Financial Officer of Norwegian Air Shuttle ASA since April 2018 until June 2021...
CEO Compensation Analysis
Compensation vs Market: Geir's total compensation ($USD1.13M) is above average for companies of similar size in the Norwegian market ($USD658.87K).
Compensation vs Earnings: Geir's compensation has been consistent with company performance over the past year.
Experienced Management: NAS's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: NAS's board of directors are not considered experienced ( 2.6 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 2447.8%.
Norwegian Air Shuttle ASA's company bio, employee growth, exchange listings and data sources
- Name: Norwegian Air Shuttle ASA
- Ticker: NAS
- Exchange: OB
- Founded: 1993
- Industry: Airlines
- Sector: Transportation
- Market Cap: kr8.624b
- Shares outstanding: 927.34m
- Website: https://www.norwegian.com
Number of Employees
- Norwegian Air Shuttle ASA
- OksenOeyveien 3
Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. As of December 31, 2020, the company operated a total of 131 aircra...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 21:32|
|End of Day Share Price||2021/09/16 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.