Norwegian Air Shuttle (NAS) Stock Price, Fundamentals & Analysis
Price
12.32 NOK
+2.03%
Last trade: Sep 25, 2026, 04:25 PM GMT+2
Updated: Sep 27, 2026, 11:47 AM GMT+2
Price history
Over the past year NAS traded between 11.93 NOK and 17.98 NOK, closing at 12.32 NOK on Sep 25, 2026.
Key statistics
| Market cap | 12.96B NOK |
|---|---|
| P/E ratio (TTM) | 8.2 |
| Forward P/E | 6 |
| EPS (TTM) | 1.5 NOK |
| Dividend yield | 13.8% |
| Annual dividend | 1.7 NOK |
| Ex-dividend date | May 7, 2026 |
| Payout ratio | 113% |
| 52-week range | 11.91 – 18.08 |
| 52-week change | -22.6% |
| Beta | 1.04 |
| Price / book | 1.94 |
| Revenue (TTM) | 38.09B NOK |
| Revenue growth (YoY) | 1.2% |
| Gross margin | 19.8% |
| Operating margin | -5% |
| Profit margin | 4.2% |
| Return on equity | 25.7% |
| Debt / equity | 284.8 |
| Volume | 5,719,490 |
| Average volume | 6,247,941 |
| Next earnings | Oct 28, 2026 |
| Exchange | Oslo |
Profile
- Sector
- Industrials
- Industry
- Airlines
- Employees
- 6,352
- Headquarters
- Fornebu, Norway
- Website
- norwegian.com
Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership, as well as cargo and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway.
Overview
What NAS does
Norwegian Air Shuttle (NAS) is a stock listed on the Oslo Børs in the Industrials sector, Airlines industry. The company, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership, as well as cargo and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway. It is part of the OBX index, which tracks the main Oslo-listed companies.
Key numbers explained
- 12.32 NOK is the current share price, the amount you would pay for one share right now.
- The trailing P/E ratio of 8.2 divides the current price by the last 12 months of earnings per share (1.5 NOK). A lower P/E ratio can suggest the stock is priced low relative to recent earnings, but it is not a buy or sell signal on its own.
- The forward P/E ratio of 6 uses expected future earnings instead of past ones, giving a sense of how the market values what the company might earn next.
- The dividend yield of 13.8% shows the annual dividend as a percentage of the current price. A high dividend yield can mean the company returns a large share of profits to shareholders, but it can also reflect a falling share price.
- The ex-dividend date of May 7, 2026 is the cutoff: you must own the stock before this date to receive the next dividend payment.
- The share of earnings paid out as dividends is 113%, meaning the company pays out more in dividends than it earns in the trailing 12 months. This is often funded by cash on hand or borrowing.
- Beta of 1.04 indicates the stock’s price moves roughly in line with the overall market, with slightly above-average volatility.
- The 52-week range of 11.91 – 18.08 shows the lowest and highest prices over the past year; the current price sits near the lower end of that range.
What to watch
For a stock like Norwegian Air Shuttle, investors typically monitor factors that affect airlines and industrial companies broadly. Fuel prices, currency fluctuations, and global travel demand can all influence revenue and margins. The company’s operating margin is currently -5%, so changes in cost management and pricing power are worth following. The debt-to-equity ratio of 284.8% is high, which is common in capital-intensive industries like airlines and can affect financial flexibility. Earnings releases, scheduled for Oct 28, 2026, provide updates on profitability and outlook. For those interested in Norwegian peers, Hafnia Limited (HAFNI), Tomra Systems (TOM), MPC Container Ships (MPCC), Kongsberg Gruppen (KOG), Wallenius Wilhelmsen (WAWI), and Höegh Autoliners ASA (HAUTO) operate in related sectors on the same exchange.
Latest news & filings
No recent headlines.
Frequently asked questions
Does NAS pay a dividend?
Yes. The trailing dividend yield is 13.8%, and the next ex-dividend date is May 7, 2026. The company pays out 113% of its trailing 12-month earnings as dividends.
What is the NAS P/E ratio?
The trailing P/E ratio is 8.2, based on trailing 12-month earnings per share of 1.5 NOK. The forward P/E ratio, based on expected earnings, is 6.
Where can I buy NAS?
NAS trades on the Oslo Børs under the symbol NAS. You can buy it through any broker that provides access to the Oslo market.
What sector and industry is NAS in?
NAS is classified in the Industrials sector, Airlines industry. It provides air travel services and is also involved in aircraft financing, leasing, and ownership.
How has NAS performed over the past year?
The price change over the last 52 weeks is -22.6%, with the stock trading between 11.91 and 18.08 during that period.
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