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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Icelandair Group hf's share price for the quarter that ended in Mar. 2026 was kr0.7. Icelandair Group hf's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 41,120 Mil. Therefore, Icelandair Group hf's market cap for the quarter that ended in Mar. 2026 was kr28,784 Mil.
Icelandair Group hf's quarterly market cap
declined
from Sep. 2025 (kr46,055 Mil) to Dec. 2025 (kr36,433 Mil) and
declined
from Dec. 2025 (kr36,433 Mil) to Mar. 2026 (kr28,784 Mil).
Icelandair Group hf's annual market cap
increased
from Dec. 2023 (kr54,896 Mil) to Dec. 2024 (kr60,036 Mil) but then
declined
from Dec. 2024 (kr60,036 Mil) to Dec. 2025 (kr36,433 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. Icelandair Group hf's Enterprise Value for Today is kr63,797 Mil.
Icelandair Group hf (OISE:ICEAIR) 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.
Icelandair Group hf Market Cap Related Terms
Icelandair Group hf Market Cap Historical Data
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The historical data trend for Icelandair Group hf's Market Cap 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.
OISE:ICEAIR vs DAL, UAL, LUV: Market Cap Comparison
For the Airlines subindustry, Icelandair Group hf'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.
Icelandair Group hf Market Cap vs Transportation Industry
For the Transportation industry and Industrials sector, Icelandair Group hf's Market Cap distribution charts can be found below:
* The bar in red indicates where Icelandair Group hf'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.
Icelandair Group hf's Market Cap 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.
Icelandair Group hf (OISE:ICEAIR) has a Market Cap of kr30,347 Mil as of Jul. 15, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Icelandair Group hf and its competitors. According to the industry distribution chart, Icelandair Group hf ranks #525 out of 1028 companies in the Transportation industry, placing it in the top 51.1%.
Is Icelandair Group hf's Market Cap too high?
Icelandair Group hf's current Market Cap is kr30,347 Mil. Based on the distribution chart, Icelandair Group hf ranks #525 out of 1028 companies in the Transportation industry, which is below the industry midpoint. Overall, Icelandair Group hf has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Market Cap compare to DAL and UAL?
According to the Transportation industry distribution chart, Icelandair Group hf ranks #525 out of 1028 companies for Market Cap. This places Icelandair Group hf in the lower half of its industry. The industry median Market Cap is 260.26. 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 260.26, based on 1,028 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. 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 Icelandair Group hf and its competitors. For the Transportation industry, the median Market Cap is 260.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandair Group hf's current Market Cap is kr30,347 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.34, compared to a current price of kr0.74 — trading 44.9% below its estimated fair value. The current Market Cap is kr30,347 Mil. Icelandair Group hf's overall GF Score™ is 50/100 with 2 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 Icelandair Group hf (OISE:ICEAIR), the current Market Cap is kr30,347 Mil as of Jul. 15, 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 Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued.
The current stock price of kr0.74 is trading 44.9% below its estimated GF Value™ of kr1.34.
GuruFocus considers Icelandair Group hf to be Possible Value Trap.
Key valuation signals for OISE:ICEAIR:
Market Cap: kr30,347 Mil
GF Value™: kr1.34 vs. price of kr0.74 (44.9% below fair value)
No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
50GF Score
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