NRSAF (Norse Atlantic ASA) Moat Score: 2/10 (As of Jul. 03, 2026)


NRSAF Norse Atlantic ASA NRSAF
29 GF Score
Price $0.06
GF Value $0.52
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Norse Atlantic ASA Moat Score?

Norse Atlantic ASA NRSAF 29 Moat Score is 2 as of Jul. 03, 2026. GuruFocus rates NRSAF with a GF Score™ of 29/100 and a GF Value™ of $0.52 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,056 Transportation companies, Norse Atlantic ASA ranks better than 79.64% on this metric.

Norse Atlantic ASA has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

Norse Atlantic ASA has No Moat: Norse Atlantic ASA operates in the highly competitive airline industry with limited differentiation. It lacks significant cost advantages, brand strength, or regulatory barriers, resulting in a weak competitive position.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Norse Atlantic ASA might have No Moat - Very weak/transient advantages.

Norse Atlantic ASA  (OTCPK:NRSAF) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Norse Atlantic ASA Moat Score Related Terms

NRSAF vs DAL, UAL, LUV: Moat Score Comparison

For the Airlines subindustry, Norse Atlantic ASA's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Transportation Industry

For the Transportation industry and Industrials sector, Norse Atlantic ASA's Moat Score distribution charts can be found below:

* The bar in red indicates where Norse Atlantic ASA's Moat Score falls into.


NRSAF
29GF Score
Norse Atlantic ASA NRSAF
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
Norse Atlantic ASA (NRSAF) has a Moat Score of 2 as of Jul. 03, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Norse Atlantic ASA ranks #215 out of 1056 companies in the Transportation industry, placing it in the top 20.4%.
Is Norse Atlantic ASA's Moat Score too high?
Norse Atlantic ASA's current Moat Score is 2. Based on the distribution chart, Norse Atlantic ASA ranks #215 out of 1056 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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 Moat Score compare to DAL and UAL?
According to the Transportation industry distribution chart, Norse Atlantic ASA ranks #215 out of 1056 companies for Moat Score. This places Norse Atlantic ASA in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Transportation company?
A good Moat Score depends on the Transportation industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Norse Atlantic ASA's current Moat Score is 2. 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 (NRSAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.52, compared to a current price of $0.06 — trading 88.9% below its estimated fair value. The current Moat Score is 2. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Norse Atlantic ASA (NRSAF), the current Moat Score is 2 as of Jul. 03, 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 (NRSAF) Overvalued in 2026?

Based on GuruFocus' analysis, Norse Atlantic ASA stock appears to be undervalued. The current stock price of $0.06 is trading 88.9% below its estimated GF Value™ of $0.52. GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.

Key valuation signals for NRSAF:

  • Moat Score: 2
  • GF Value™: $0.52 vs. price of $0.06 (88.9% below fair value)
  • GF Score™: 29/100 with 3 warning signs

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

Norse Atlantic ASA Business Description

Address Floyveien 14, Arendal, NOR, 4838
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

Get the complete analysis for NRSAF

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

$0.06
Price
$0.52
GF Value