EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Norse Atlantic ASA's Enterprise Value is kr9,276 Mil.
Norse Atlantic ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr355 Mil. Therefore, Norse Atlantic ASA's EV-to-FCF for today is 26.11.
The historical rank and industry rank for Norse Atlantic ASA's EV-to-FCF or its related term are showing as below:
OSL:NORSE'
s EV-to-FCF Range Over the Past 10 Years
Min: -148.66 Med: -12.76 Max: 30.73
Current: 26.37
During the past 5 years, the highest EV-to-FCF of Norse Atlantic ASA was 30.73. The lowest was -148.66. And the median was -12.76.
OSL:NORSE's EV-to-FCF is ranked worse than 72.4% of 674
companies
in the Transportation industry
Industry Median: 14.29
vs OSL:NORSE: 26.37
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Norse Atlantic ASA's PE Ratio (TTM) for today is calculated as:
Norse Atlantic ASA's share price for today is kr0.51.
Norse Atlantic ASA's Earnings per Share (Diluted) 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-4.720.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Norse Atlantic ASA EV-to-FCF Related Terms
Norse Atlantic ASA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Norse Atlantic ASA's EV-to-FCF 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.
For the Airlines subindustry, Norse Atlantic ASA's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, Norse Atlantic ASA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Norse Atlantic ASA's EV-to-FCF falls into.
Norse Atlantic ASA's current Enterprise Value is kr9,276 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 (OSL:NORSE) has a EV-to-FCF of 26.11 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Norse Atlantic ASA and its competitors. According to the industry distribution chart, Norse Atlantic ASA ranks #488 out of 674 companies in the Transportation industry, placing it in the top 72.4%.
Is Norse Atlantic ASA's EV-to-FCF too high?
Norse Atlantic ASA's current EV-to-FCF is 26.11. The Transportation industry median EV-to-FCF is 14.29. Norse Atlantic ASA's value of 26.11 is 82.7% above this industry median. Based on the distribution chart, Norse Atlantic ASA ranks #488 out of 674 companies in the Transportation industry, which is below the industry midpoint. 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 EV-to-FCF compare to DAL and UAL?
According to the Transportation industry distribution chart, Norse Atlantic ASA ranks #488 out of 674 companies for EV-to-FCF. This places Norse Atlantic ASA in the lower half of its industry. The industry median EV-to-FCF is 14.29. Norse Atlantic ASA's value of 26.11 is 82.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Transportation company?
The median EV-to-FCF among Transportation companies is 14.29, based on 674 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norse Atlantic ASA's current EV-to-FCF of 26.11 is 82.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Norse Atlantic ASA and its competitors. For the Transportation industry, the median EV-to-FCF is 14.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norse Atlantic ASA's current EV-to-FCF is 26.11. 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 kr3.34, compared to a current price of kr0.51 — trading 84.7% below its estimated fair value. The current EV-to-FCF is 26.11 and 82.7% above the Transportation industry median of 14.29. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Norse Atlantic ASA (OSL:NORSE), the current EV-to-FCF is 26.11 as of Jul. 02, 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 kr0.51 is trading 84.7% below its estimated GF Value™ of kr3.34.
GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.
Key valuation signals for OSL:NORSE:
EV-to-FCF: 26.11
GF Value™: kr3.34 vs. price of kr0.51 (84.7% below fair value)
Industry Position: 82.7% above the Transportation median (#488 of 674)
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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