Norwegian Air Shuttle ASA's quarterly market cap
increased
from Sep. 2025 ($1,720 Mil) to Dec. 2025 ($1,794 Mil) but then
declined
from Dec. 2025 ($1,794 Mil) to Mar. 2026 ($1,366 Mil).
Norwegian Air Shuttle ASA's annual market cap
declined
from Dec. 2023 ($981 Mil) to Dec. 2024 ($935 Mil) but then
increased
from Dec. 2024 ($935 Mil) to Dec. 2025 ($1,794 Mil).
Enterprise Value is 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 and cash equivalents. Norwegian Air Shuttle ASA's Enterprise Value for Today is $2,110 Mil.
Norwegian Air Shuttle ASA (OTCPK:NWARF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Norwegian Air Shuttle ASA Market Cap Related Terms
Norwegian Air Shuttle ASA Market Cap Historical Data
* 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, Norwegian Air Shuttle ASA's Market Cap, along with its competitors' market caps and Market Cap 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.
Norwegian Air Shuttle ASA Market Cap vs Transportation Industry
For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where Norwegian Air Shuttle ASA's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (NWARF) has a Market Cap of $1,668 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Norwegian Air Shuttle ASA and its competitors. According to the industry distribution chart, Norwegian Air Shuttle ASA ranks #224 out of 1033 companies in the Transportation industry, placing it in the top 21.7%.
Is Norwegian Air Shuttle ASA's Market Cap too high?
Norwegian Air Shuttle ASA's current Market Cap is $1,668 Mil. The Transportation industry median Market Cap is 253.78. Norwegian Air Shuttle ASA's value of $1,668 Mil is 557.3% above this industry median. Based on the distribution chart, Norwegian Air Shuttle ASA ranks #224 out of 1033 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to DAL and UAL?
According to the Transportation industry distribution chart, Norwegian Air Shuttle ASA ranks #224 out of 1033 companies for Market Cap. This places Norwegian Air Shuttle ASA in the top 22% of its industry — outperforming the majority of peers. The industry median Market Cap is 253.78. Norwegian Air Shuttle ASA's value of $1,668 Mil is 557.3% 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 Market Cap for a Transportation company?
The median Market Cap among Transportation companies is 253.78, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norwegian Air Shuttle ASA's current Market Cap of $1,668 Mil is 557.3% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Norwegian Air Shuttle ASA and its competitors. For the Transportation industry, the median Market Cap is 253.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwegian Air Shuttle ASA's current Market Cap is $1,668 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 Market Cap is $1,668 Mil and 557.3% above the Transportation industry median of 253.78. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Norwegian Air Shuttle ASA (NWARF), the current Market Cap is $1,668 Mil as of Jun. 27, 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:
Market Cap: $1,668 Mil
GF Value™: $1.50 vs. price of $1.55 (3.3% above fair value)
Industry Position: 557.3% above the Transportation median (#224 of 1033)
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 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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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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