N

Norwegian Air Shuttle ASA
OSE:NAS

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Norwegian Air Shuttle ASA
OSE:NAS
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Price: 12.67 NOK -1.21% Market Closed
Market Cap: 13.3B NOK

Relative Value

The Relative Value of one NAS stock under the Base Case scenario is 22.85 NOK. Compared to the current market price of 12.67 NOK, Norwegian Air Shuttle ASA is Undervalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NAS Relative Value
Base Case
22.85 NOK
Undervaluation 45%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
63
vs Industry
59
Median 3Y
0.4
Median 5Y
0.4
Industry
0.4
Forward
0.3
vs History
28
vs Industry
34
Median 3Y
8.2
Median 5Y
6.2
Industry
9.5
Forward
6.7
vs History
53
vs Industry
60
Median 3Y
2
Median 5Y
1.8
Industry
2.9
vs History
4
vs Industry
30
Median 3Y
4.9
Median 5Y
3.7
Industry
9.3
vs History
49
vs Industry
47
Median 3Y
2.1
Median 5Y
2
Industry
1.9
vs History
77
vs Industry
86
Median 3Y
0.5
Median 5Y
0.6
Industry
0.9
Forward
0.3
vs History
76
vs Industry
90
Median 3Y
1.2
Median 5Y
1.2
Industry
3.1
vs History
41
vs Industry
74
Median 3Y
1.9
Median 5Y
1.6
Industry
6.1
Forward
1.7
vs History
23
vs Industry
57
Median 3Y
4.9
Median 5Y
-0.3
Industry
9.8
Forward
4.4
vs History
58
vs Industry
73
Median 3Y
2.3
Median 5Y
2.2
Industry
5.7
vs History
36
vs Industry
61
Median 3Y
3
Median 5Y
2.6
Industry
10.4
vs History
60
vs Industry
83
Median 3Y
0.5
Median 5Y
0.5
Industry
0.8

Multiples Across Competitors

NAS Competitors Multiples
Norwegian Air Shuttle ASA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Norwegian Air Shuttle ASA
OSE:NAS
12.2B NOK 0.3 8.1 1.9 6
US
Delta Air Lines Inc
NYSE:DAL
30.7B USD 0.5 8.4 3.9 6.7
US
United Airlines Holdings Inc
NASDAQ:UAL
24.3B USD 0.4 6.7 6 6
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
19.5B CHF 0 -1 404.3 -1 404.9 -1 404.9
IN
Interglobe Aviation Ltd
NSE:INDIGO
2T INR 2.5 28.1 10.8 19.4
IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR 1.1 8 4.5 6.8
UK
International Consolidated Airlines Group SA
LSE:IAG
15B GBP 0.4 6 105.5 161.2
CN
Air China Ltd
SSE:601111
133.5B CNY 0.8 -220 -172.8 -172.8
US
Southwest Airlines Co
NYSE:LUV
17.9B USD 0.6 32.8 6.4 28.1
SG
Singapore Airlines Ltd
SGX:C6L
20.3B SGD 1 7.3 5.3 12.7
CN
China Southern Airlines Co Ltd
SSE:600029
104B CNY 0.6 -32.5 59.9 59.9