Norwegian Air Shuttle ASA (NWARF)

Norwegian Air Shuttle ASA is a Norwegian airline company listed on OTC Markets as common stock. Through its subsidiaries, the company provides passenger air travel services in Norway and across international routes. Its activities also include cargo operations, along with aircraft financing, leasing, and ownership-related matters. Founded in 1993, the company is headquartered in Fornebu, Norway.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
OTC-NWAR.F
$1.33
2.4% Upside
Fair
Not available
Not available
Good
0.0%
October 28, 2026
8.3x
2.0x
0.4x
1.422 B
1.889 B
58.5%
74.4%
3.7
110.8%
298.4%
Valuation • Fair Value

Norwegian Air Shuttle ASA (OTC-NWAR.F) Fair Value by Valuation Model

Review the available estimates for Norwegian Air Shuttle ASA (OTC-NWAR.F), including Ben Graham Formula Value, EPV Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$1.33

Estimated upside of 2.4% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

Ben Graham Formula Value

$1.60

Classic Ben Graham valuation formula reference.

EPV Fair Value

$0.84

Earnings power value estimate.

Comps Fair Value

$1.41

Comparable-company valuation reference.

Analyst Price Target

Not available

Data is currently unavailable.

How to read these valuation models

Use the 5 available valuation references for Norwegian Air Shuttle ASA (OTC-NWAR.F) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Norwegian Air Shuttle ASA (OTC-NWAR.F)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

3.848 B

Current operating scale indicator.

Revenue Forecast

4.167 B

Forward revenue estimate.

EBITDA

307.1 M

Current operating profitability reference.

EBITDA Forecast

634.6 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Norwegian Air Shuttle ASA (OTC-NWAR.F) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Norwegian Air Shuttle ASA (OTC-NWAR.F)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Good

Positive financial-health read.

Piotroski Score

6

Mid-range quality score.

Altman Z-Score

3.7

Relatively strong balance-sheet zone.

FCF / Net Income

298.4%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Norwegian Air Shuttle ASA (OTC-NWAR.F). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Norwegian Air Shuttle ASA (OTC-NWAR.F)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

October 28, 2026

Days to Earnings

36

Dividend Yield

0.0%

No current dividend yield is indicated.

Payout Ratio

110.8%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Norwegian Air Shuttle ASA (OTC-NWAR.F), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Technical Outlook

Technical Signals by Time Frame

Review the technical signals currently available for this stock across supported time frames.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Norwegian Air Shuttle ASA (OTC-NWAR.F) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Norwegian Air Shuttle ASA (OTC-NWAR.F) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Norwegian Air Shuttle ASA (OTC-NWAR.F) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Norwegian Air Shuttle ASA (OTC-NWAR.F) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Sell

The monthly technical read for Norwegian Air Shuttle ASA (OTC-NWAR.F) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

FAQ Fast Investor Answers

Norwegian Air Shuttle ASA (OTC-NWAR.F) Stock FAQ

Data-supported answers about Norwegian Air Shuttle ASA (OTC-NWAR.F), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$1.33
Estimated upside 2.4%
Valuation Rating
Undervalued
Estimated upside of 2.4%
Financial Health
Good
Current financial-health read

The current fair value estimate for Norwegian Air Shuttle ASA (OTC-NWAR.F) is $1.33. This implies an estimated upside of 2.4% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 2.4% versus the current market price.

The current financial health read for Norwegian Air Shuttle ASA (OTC-NWAR.F) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Norwegian Air Shuttle ASA (OTC-NWAR.F) is October 28, 2026.

The latest available data indicates no current dividend yield for Norwegian Air Shuttle ASA (OTC-NWAR.F).

The current P/E ratio listed for Norwegian Air Shuttle ASA (OTC-NWAR.F) is 8.3x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Norwegian Air Shuttle ASA is 1.422 B.

The current enterprise value listed for Norwegian Air Shuttle ASA is 1.889 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Norwegian Air Shuttle ASA is OTC-NWAR.F, and the stock is listed on OTC Markets.

Norwegian Air Shuttle ASA (OTC-NWAR.F) is listed on OTC Markets.

The current debt-to-total-capital ratio listed for Norwegian Air Shuttle ASA is 58.5%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Norwegian Air Shuttle ASA is 74.4%. Free float helps investors understand how much of the share base is available for public trading.