Norwegian Air Shuttle ASA (OSL:NAS) Moat Score: 2/10 (As of Jun. 29, 2026)


OSL:NAS Norwegian Air Shuttle ASA OSL:NAS
69 GF Score
Price kr14.65
GF Value kr16.07
Valuation Fairly Valued
! 4 Warning Signs
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What is Norwegian Air Shuttle ASA Moat Score?

Norwegian Air Shuttle ASA OSL:NAS -6.48% 69 Moat Score is 2 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 1,057 Transportation companies, Norwegian Air Shuttle ASA ranks better than 79.66% on this metric.

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

Norwegian Air Shuttle ASA has No Moat: Norwegian Air Shuttle faces intense competition in the airline industry with low customer switching costs and minimal brand loyalty. The company lacks significant cost advantages or regulatory barriers, resulting in a very 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 Norwegian Air Shuttle ASA might have No Moat - Very weak/transient advantages.

Norwegian Air Shuttle ASA  (OSL:NAS) 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

Norwegian Air Shuttle ASA Moat Score Related Terms

OSL:NAS vs DAL, UAL, LUV: Moat Score Comparison

For the Airlines subindustry, Norwegian Air Shuttle 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.

Norwegian Air Shuttle ASA Moat Score vs Transportation Industry

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

* The bar in red indicates where Norwegian Air Shuttle ASA's Moat Score falls into.


OSL:NAS
69GF Score
Norwegian Air Shuttle ASA OSL:NAS
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
Norwegian Air Shuttle ASA (OSL:NAS) has a Moat Score of 2 as of Jun. 29, 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, Norwegian Air Shuttle ASA ranks #215 out of 1057 companies in the Transportation industry, placing it in the top 20.3%.
Is Norwegian Air Shuttle ASA's Moat Score too high?
Norwegian Air Shuttle ASA's current Moat Score is 2. Based on the distribution chart, Norwegian Air Shuttle ASA ranks #215 out of 1057 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 Moat Score compare to DAL and UAL?
According to the Transportation industry distribution chart, Norwegian Air Shuttle ASA ranks #215 out of 1057 companies for Moat Score. This places Norwegian Air Shuttle 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. Norwegian Air Shuttle 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 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 kr14.65 — trading 8.9% below its estimated fair value. The current Moat Score is 2. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Norwegian Air Shuttle ASA (OSL:NAS), the current Moat Score is 2 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 kr14.65 is trading 8.9% below its estimated GF Value™ of kr16.07. GuruFocus considers Norwegian Air Shuttle ASA to be Fairly Valued.

Key valuation signals for OSL:NAS:

  • Moat Score: 2
  • GF Value™: kr16.07 vs. price of kr14.65 (8.9% 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

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

kr14.65
Price
kr16.07
GF Value