Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Norse Atlantic ASA's Enterprise Value is kr9,367 Mil.
Norse Atlantic ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr-285 Mil. Therefore, Norse Atlantic ASA's EV-to-EBIT ratio for today is -32.82.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Norse Atlantic ASA's Enterprise Value is kr9,367 Mil.
Norse Atlantic ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr463 Mil. Therefore, Norse Atlantic ASA's EV-to-EBITDA ratio for today is 20.25.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Norse Atlantic ASA's Enterprise Value is kr9,367 Mil.
Norse Atlantic ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr7,649 Mil. Therefore, Norse Atlantic ASA's EV-to-Revenue ratio for today is 1.22.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Norse Atlantic ASA (OSL:NORSE) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Norse Atlantic ASA's current Enterprise Value is kr9,367 Mil.
Norse Atlantic ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-285 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Norse Atlantic ASA's current Enterprise Value is kr9,367 Mil.
Norse Atlantic ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr463 Mil.
Norse Atlantic ASA's current Enterprise Value is kr9,367 Mil.
Norse Atlantic ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr7,649 Mil.
Norse Atlantic ASA's current Enterprise Value is kr9,367 Mil.
Norse Atlantic ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr566 Mil.
Norse Atlantic ASA's current Enterprise Value is kr9,367 Mil.
Norse Atlantic ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr355 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 Enterprise Value Related Terms
Norse Atlantic ASA Enterprise Value Historical Data
* Premium members only.
The historical data trend for Norse Atlantic ASA's Enterprise Value 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.
OSL:NORSE vs DAL, UAL, LUV: Enterprise Value Comparison
For the Airlines subindustry, Norse Atlantic ASA's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Transportation Industry
For the Transportation industry and Industrials sector, Norse Atlantic ASA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Norse Atlantic ASA's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Norse Atlantic ASA's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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) has a Enterprise Value of kr9,367 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Norse Atlantic ASA and its competitors.
Is Norse Atlantic ASA's Enterprise Value too high?
Norse Atlantic ASA's current Enterprise Value is kr9,367 Mil. Overall, Norse Atlantic ASA has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norse Atlantic ASA's Enterprise Value compare to DAL and UAL?
Norse Atlantic ASA's Enterprise Value of kr9,367 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 Enterprise Value for a Transportation company?
A good Enterprise Value depends on the Transportation industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Norse Atlantic ASA and its competitors. Norse Atlantic ASA's current Enterprise Value is kr9,367 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norse Atlantic ASA stock overvalued right now?
Based on GuruFocus' analysis, Norse Atlantic ASA (OSL:NORSE) is currently considered Possible Value Trap. The stock's GF Value™ is kr3.36, compared to a current price of kr0.61 — trading 82% below its estimated fair value. The current Enterprise Value is kr9,367 Mil. Norse Atlantic ASA's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Norse Atlantic ASA (OSL:NORSE), the current Enterprise Value is kr9,367 Mil as of Jun. 29, 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 Norse Atlantic ASA (OSL:NORSE) Overvalued in 2026?
Based on GuruFocus' analysis, Norse Atlantic ASA stock appears to be undervalued.
The current stock price of kr0.61 is trading 82% below its estimated GF Value™ of kr3.36.
GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.
Key valuation signals for OSL:NORSE:
Enterprise Value: kr9,367 Mil
GF Value™: kr3.36 vs. price of kr0.61 (82% below fair value)
No single metric tells the full story. See the OSL:NORSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norse Atlantic ASA is an airline offering affordable fares on direct, long-haul flights to popular destinations, along with specialized charter and ACMI services for tailored travel needs and extensive cargo operations. It operates a modern fleet of various fuel-efficient Boeing 787 Dreamliners, serving a network of destinations across North America, Europe, Africa, and Asia. Norse also provides charter flights for third parties, particularly during the lower-demand winter season. The company derives the majority of its revenue from passenger airfare income, followed by ancillary passenger income, lease rentals, charter income, and other sources. Geographically, it generates maximum revenue from the United States, and the rest from the United Kingdom, the Rest of Europe, Norway, and India.
29GF Score
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