NWARF (Norwegian Air Shuttle ASA) Construction In Progress: $368 Mil (As of Mar. 2026)


NWARF Norwegian Air Shuttle ASA NWARF
71 GF Score
Price $1.55
GF Value $1.50
Valuation Fairly Valued
! 4 Warning Signs
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What is Norwegian Air Shuttle ASA Construction In Progress?

Norwegian Air Shuttle ASA NWARF -4.62% 71 Construction In Progress is $368 Mil as of Mar. 2026. GuruFocus rates NWARF with a GF Score™ of 71/100 and a GF Value™ of $1.50 (Fairly Valued). The stock has 4 warning signs investors should review.

Norwegian Air Shuttle ASA's quarterly construction in progress declined from Sep. 2025 ($360 Mil) to Dec. 2025 ($352 Mil) but then increased from Dec. 2025 ($352 Mil) to Mar. 2026 ($368 Mil).

Norwegian Air Shuttle ASA's annual construction in progress increased from Dec. 2023 ($291 Mil) to Dec. 2024 ($312 Mil) and increased from Dec. 2024 ($312 Mil) to Dec. 2025 ($352 Mil).

Norwegian Air Shuttle ASA Construction In Progress Historical Data

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The historical data trend for Norwegian Air Shuttle ASA's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Norwegian Air Shuttle ASA Construction In Progress Chart

Norwegian Air Shuttle ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 297.32 291.21 311.66 351.64

Norwegian Air Shuttle ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 304.39 309.40 359.85 351.64 368.17
NWARF
71GF Score
Norwegian Air Shuttle ASA NWARF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Norwegian Air Shuttle ASA Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $368 Mil mean?
Norwegian Air Shuttle ASA (NWARF) has a Construction In Progress of $368 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Norwegian Air Shuttle ASA and its competitors.
Is Norwegian Air Shuttle ASA's Construction In Progress too high?
Norwegian Air Shuttle ASA's current Construction In Progress is $368 Mil. Overall, Norwegian Air Shuttle ASA has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Air Shuttle ASA's Construction In Progress compare to DAL and UAL?
Norwegian Air Shuttle ASA's Construction In Progress of $368 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Transportation company?
A good Construction In Progress depends on the Transportation industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Norwegian Air Shuttle ASA and its competitors. Norwegian Air Shuttle ASA's current Construction In Progress is $368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Air Shuttle ASA stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA (NWARF) is currently considered Fairly Valued. The stock's GF Value™ is $1.50, compared to a current price of $1.55 — trading 3.3% above its estimated fair value. The current Construction In Progress is $368 Mil. Norwegian Air Shuttle ASA's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Norwegian Air Shuttle ASA (NWARF), the current Construction In Progress is $368 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norwegian Air Shuttle ASA (NWARF) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Air Shuttle ASA stock appears to be overvalued. The current stock price of $1.55 is trading 3.3% above its estimated GF Value™ of $1.50. GuruFocus considers Norwegian Air Shuttle ASA to be Fairly Valued.

Key valuation signals for NWARF:

  • Construction In Progress: $368 Mil
  • GF Value™: $1.50 vs. price of $1.55 (3.3% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the NWARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Norwegian Air Shuttle ASA Business Description

Address Oksenoyveien 3, Fornebu, P.O. Box 115, Lysaker, NOR, NO-1366
Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Operations, Wideroe and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.
71GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.55
Price
$1.50
GF Value