Ratings Norwegian Air Shuttle ASA

Equities

NAS

NO0010196140

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-19 am EDT			5-day change	1st Jan Change
16.61 ^NOK	+0.21%		+1.06%	+54.94%

Apr. 11	Nordic Shares Declined Thursday; New Wave Group Series B Took Biggest Hit	DJ
Apr. 08	Nordic Shares Closed Higher Monday; Nordic Semiconductor Topped Leaders	DJ

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 68% by 2025.
The company's profit outlook over the next few years is a strong asset.
With a P/E ratio at 11.96 for the current year and 8.38 for next year, earnings multiples are highly attractive compared with competitors.
With regards to fundamentals, the enterprise value to sales ratio is at 0.81 for the current period. Therefore, the company is undervalued.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
For several months, analysts have been revising their EPS estimates roughly upwards.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Airlines

	1st Jan change	Capi.	ESG Refinitiv
NORWEGIAN AIR SHUTTLE ASA	+54.94%	1.45B	C
DELTA AIR LINES, INC.	+18.25%	30.68B	C
RYANAIR HOLDINGS PLC	+7.10%	24.98B	B-
SINGAPORE AIRLINES LIMITED	-4.73%	19.22B	B
UNITED AIRLINES HOLDINGS, INC.	+24.53%	16.91B	C
INTERGLOBE AVIATION LIMITED	+19.99%	16.58B	C+
AIR CHINA LIMITED	-24.49%	14.18B	B+
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI	+32.33%	12.58B	A-
CHINA SOUTHERN AIRLINES COMPANY LIMITED	-22.36%	12B	B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	+9.35%	10.41B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes