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). Norse Atlantic ASA's share price for the quarter that ended in Mar. 2026 was kr2.174486. Norse Atlantic ASA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 300 Mil. Therefore, Norse Atlantic ASA's market cap for the quarter that ended in Mar. 2026 was kr653 Mil.
Norse Atlantic ASA's quarterly market cap
declined
from Sep. 2025 (kr1,256 Mil) to Dec. 2025 (kr1,080 Mil) and
declined
from Dec. 2025 (kr1,080 Mil) to Mar. 2026 (kr653 Mil).
Norse Atlantic ASA's annual market cap
declined
from Dec. 2023 (kr1,479 Mil) to Dec. 2024 (kr590 Mil) but then
increased
from Dec. 2024 (kr590 Mil) to Dec. 2025 (kr1,080 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. Norse Atlantic ASA's Enterprise Value for Today is kr9,367 Mil.
Norse Atlantic ASA (OSL:NORSE) 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.
Norse Atlantic ASA Market Cap Related Terms
Norse Atlantic ASA Market Cap Historical Data
* Premium members only.
The historical data trend for Norse Atlantic 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.
For the Airlines subindustry, Norse Atlantic 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.
Norse Atlantic ASA Market Cap vs Transportation Industry
For the Transportation industry and Industrials sector, Norse Atlantic ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where Norse Atlantic 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.
Norse Atlantic ASA'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.
Norse Atlantic ASA (OSL:NORSE) has a Market Cap of kr1,332 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Norse Atlantic ASA and its competitors. According to the industry distribution chart, Norse Atlantic ASA ranks #594 out of 1025 companies in the Transportation industry, placing it in the top 58%.
Is Norse Atlantic ASA's Market Cap too high?
Norse Atlantic ASA's current Market Cap is kr1,332 Mil. Based on the distribution chart, Norse Atlantic ASA ranks #594 out of 1025 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 Market Cap compare to DAL and UAL?
According to the Transportation industry distribution chart, Norse Atlantic ASA ranks #594 out of 1025 companies for Market Cap. This places Norse Atlantic ASA in the lower half of its industry. 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 Norse Atlantic 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. Norse Atlantic ASA's current Market Cap is kr1,332 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 Market Cap is kr1,332 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Norse Atlantic ASA (OSL:NORSE), the current Market Cap is kr1,332 Mil as of Jun. 28, 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:
Market Cap: kr1,332 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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