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Norse Atlantic ASA (OSL:NORSE) EV-to-EBIT : -8.47 (As of Jun. 10, 2024)


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What is Norse Atlantic ASA EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Norse Atlantic ASA's Enterprise Value is kr11,339 Mil. Norse Atlantic ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr-1,338 Mil. Therefore, Norse Atlantic ASA's EV-to-EBIT for today is -8.47.

The historical rank and industry rank for Norse Atlantic ASA's EV-to-EBIT or its related term are showing as below:

OSL:NORSE' s EV-to-EBIT Range Over the Past 10 Years
Min: -28.39   Med: -6.98   Max: -0.19
Current: -8.47

During the past 3 years, the highest EV-to-EBIT of Norse Atlantic ASA was -0.19. The lowest was -28.39. And the median was -6.98.

OSL:NORSE's EV-to-EBIT is ranked worse than
100% of 847 companies
in the Transportation industry
Industry Median: 11.98 vs OSL:NORSE: -8.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Norse Atlantic ASA's Enterprise Value for the quarter that ended in Mar. 2024 was kr11,017 Mil. Norse Atlantic ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr-1,338 Mil. Norse Atlantic ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.15%.


Norse Atlantic ASA EV-to-EBIT Historical Data

The historical data trend for Norse Atlantic ASA's EV-to-EBIT 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.

* Premium members only.

Norse Atlantic ASA EV-to-EBIT Chart

Norse Atlantic ASA Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
-11.17 -6.43 -7.95

Norse Atlantic ASA Quarterly Data
Feb20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -5.39 -5.79 -8.51 -7.95 -8.23

Competitive Comparison of Norse Atlantic ASA's EV-to-EBIT

For the Airlines subindustry, Norse Atlantic ASA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norse Atlantic ASA's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norse Atlantic ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Norse Atlantic ASA's EV-to-EBIT falls into.



Norse Atlantic ASA EV-to-EBIT Calculation

Norse Atlantic ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11339.372/-1338.253
=-8.47

Norse Atlantic ASA's current Enterprise Value is kr11,339 Mil.
Norse Atlantic ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1,338 Mil.

* 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.


Norse Atlantic ASA  (OSL:NORSE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Norse Atlantic ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-1338.253/11017.41648
=-12.15 %

Norse Atlantic ASA's Enterprise Value for the quarter that ended in Mar. 2024 was kr11,017 Mil.
Norse Atlantic ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1,338 Mil.

* 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.


Norse Atlantic ASA EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Norse Atlantic ASA's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Norse Atlantic ASA (OSL:NORSE) Business Description

Traded in Other Exchanges
Address
Floyveien 14, Arendal, NOR, 4838
Norse Atlantic ASA is a new innovative airline serving the low-cost, intercontinental market between popular European and The USA destinations with a fleet of modern, fuel-efficient, and more environmentally friendly Boeing 787 Dreamliners. Geographically, the company operates in Norway. United Kingdom, Europe, The USA and Other.

Norse Atlantic ASA (OSL:NORSE) Headlines

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