Norwegian Air Shuttle ASA (OSL:NAS) Market Cap: kr16,470 Mil (As of Jun. 29, 2026)


OSL:NAS Norwegian Air Shuttle ASA OSL:NAS
69 GF Score
Price kr15.66
GF Value kr16.07
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Norwegian Air Shuttle ASA Market Cap?

Norwegian Air Shuttle ASA OSL:NAS -2.97% 69 Market Cap is kr16,470 Mil as of Jun. 29, 2026. GuruFocus rates OSL:NAS with a GF Score™ of 69/100 and a GF Value™ of kr16.07 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,025 Transportation companies, Norwegian Air Shuttle ASA ranks better than 77.85% on this metric.

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). Norwegian Air Shuttle ASA's share price for the quarter that ended in Mar. 2026 was kr14.22. Norwegian Air Shuttle ASA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1,051 Mil. Therefore, Norwegian Air Shuttle ASA's market cap for the quarter that ended in Mar. 2026 was kr14,944 Mil.

Norwegian Air Shuttle ASA's quarterly market cap increased from Sep. 2025 (kr16,784 Mil) to Dec. 2025 (kr18,362 Mil) but then declined from Dec. 2025 (kr18,362 Mil) to Mar. 2026 (kr14,944 Mil).

Norwegian Air Shuttle ASA's annual market cap increased from Dec. 2023 (kr10,310 Mil) to Dec. 2024 (kr10,603 Mil) and increased from Dec. 2024 (kr10,603 Mil) to Dec. 2025 (kr18,362 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 kr20,832 Mil.


Norwegian Air Shuttle ASA  (OSL:NAS) 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 company’s 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

* Premium members only.

The historical data trend for Norwegian Air Shuttle ASA'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.

Norwegian Air Shuttle ASA Market Cap Chart

Norwegian Air Shuttle ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,980.13 6,828.83 10,310.16 10,602.67 18,361.54

Norwegian Air Shuttle ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,552.09 15,401.18 16,783.54 18,361.54 14,943.94

OSL:NAS vs DAL, UAL, LUV: Market Cap Comparison

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.


OSL:NAS
69GF Score
Norwegian Air Shuttle ASA OSL:NAS
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norwegian Air Shuttle ASA Market Cap Calculation

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.

Norwegian Air Shuttle ASA's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=kr17.45*1052.237
=kr18,362

Norwegian Air Shuttle ASA's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=kr14.22*1050.910
=kr14,944

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of kr16,470 Mil mean?
Norwegian Air Shuttle ASA (OSL:NAS) has a Market Cap of kr16,470 Mil as of Jun. 29, 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 #227 out of 1025 companies in the Transportation industry, placing it in the top 22.1%.
Is Norwegian Air Shuttle ASA's Market Cap too high?
Norwegian Air Shuttle ASA's current Market Cap is kr16,470 Mil. Based on the distribution chart, Norwegian Air Shuttle ASA ranks #227 out of 1025 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 69/100 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 #227 out of 1025 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 262.65. 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 262.65, based on 1,025 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 Norwegian Air Shuttle ASA and its competitors. For the Transportation industry, the median Market Cap is 262.65 — 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 kr16,470 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 (OSL:NAS) is currently considered Fairly Valued. The stock's GF Value™ is kr16.07, compared to a current price of kr15.66 — trading 2.6% below its estimated fair value. The current Market Cap is kr16,470 Mil. Norwegian Air Shuttle ASA's overall GF Score™ is 69/100 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 (OSL:NAS), the current Market Cap is kr16,470 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 Norwegian Air Shuttle ASA (OSL:NAS) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Air Shuttle ASA stock appears to be undervalued. The current stock price of kr15.66 is trading 2.6% below its estimated GF Value™ of kr16.07. GuruFocus considers Norwegian Air Shuttle ASA to be Fairly Valued.

Key valuation signals for OSL:NAS:

  • Market Cap: kr16,470 Mil
  • GF Value™: kr16.07 vs. price of kr15.66 (2.6% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the OSL:NAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norwegian Air Shuttle ASA Business Description

Address Oksenoyveien 3, Fornebu, P.O. Box 115, Lysaker, NOR, NO-1366
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.
69GF Score

Get the complete analysis for OSL:NAS

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr15.66
Price
kr16.07
GF Value