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Norwegian Air Shuttle ASA
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Norwegian Air Shuttle ASA
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Price: 15.03 NOK 1.55%
Market Cap: kr15.9B

ROE

36.3%
Current
Improving
by 7.6%
vs 3-y average of 28.6%

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
36.3%
=
Net Income
kr2.7B
/
Avg Total Equity
kr7.5B

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
36.3%
=
Net Income
kr2.7B
/
Avg Total Equity
kr7.5B

Peer Comparison

Market Distribution

Higher than 94% of companies in Norway
Percentile
94th
Based on 773 companies
94th percentile
36.3%
Low
-16 870.5% — 0.1%
Typical Range
0.1% — 10.9%
High
10.9% — 333.1%
Distribution Statistics
Norway
Min -16 870.5%
30th Percentile 0.1%
Median 3%
70th Percentile 10.9%
Max 333.1%

Norwegian Air Shuttle ASA
Glance View

Market Cap
15.9B NOK
Industry
Airlines

Norwegian Air Shuttle ASA engages in the provision of aviation, other transport, and travel-related activities. The company is headquartered in Lysaker, Akershus. The company went IPO on 2003-12-18. The firm operates scheduled services with additional charter services. Its route portfolio stretches across Europe into North Africa and the Middle East, as well as long-haul routes to the United States and Southeast Asia. The firm has around 450 routes to more than 140 destinations on sale. The firm has approximately 260 undelivered aircraft on firm order. Its fleet combines various types of aircraft, including B788, A32Oneo, B737 Max 8, B738 and B738 S&LB, among others. The company is the parent company of the Norwegian Group and operates through subsidiaries, including Norwegian Air Shuttle Sweden AB, Call Norwegian AS, Arctic Aviation Assets Ltd and Norwegian Air UK Ltd, among others.

NAS Intrinsic Value
LOCKED
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What is Return on Equity?
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
How is ROE calculated?

ROE is calculated by dividing the Net Income by the Avg Total Equity.

ROE
36.3%
=
Net Income
kr2.7B
/
Avg Total Equity
kr7.5B
What is Norwegian Air Shuttle ASA's current ROE?

The current ROE for Norwegian Air Shuttle ASA is 36.3%, which is above its 3-year median of 28.6%.

How has ROE changed over time?

Over the last 3 years, Norwegian Air Shuttle ASA’s ROE has increased from 26.9% to 36.3%. During this period, it reached a low of 0.5% on Mar 31, 2023 and a high of 43% on Sep 30, 2023.

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