Financial Comparison: Norwegian Air Shuttle ASA (NWARF) vs. Its Competitors
by Mitch Edgeman · The Markets DailyNorwegian Air Shuttle ASA (OTCMKTS:NWARF – Get Free Report) is one of 81 publicly-traded companies in the “Passenger Airlines” industry, but how does it compare to its peers? We will compare Norwegian Air Shuttle ASA to similar businesses based on the strength of its profitability, valuation, earnings, risk, dividends, analyst recommendations and institutional ownership.
Earnings and Valuation
This table compares Norwegian Air Shuttle ASA and its peers revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Norwegian Air Shuttle ASA | N/A | N/A | -0.16 |
| Norwegian Air Shuttle ASA Competitors | $14.26 billion | $623.26 million | 16.37 |
Norwegian Air Shuttle ASA’s peers have higher revenue and earnings than Norwegian Air Shuttle ASA. Norwegian Air Shuttle ASA is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Institutional and Insider Ownership
31.8% of Norwegian Air Shuttle ASA shares are held by institutional investors. Comparatively, 42.8% of shares of all “Passenger Airlines” companies are held by institutional investors. 11.2% of shares of all “Passenger Airlines” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Analyst Ratings
This is a summary of current ratings for Norwegian Air Shuttle ASA and its peers, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Norwegian Air Shuttle ASA | 0 | 1 | 1 | 0 | 2.50 |
| Norwegian Air Shuttle ASA Competitors | 1487 | 4017 | 6591 | 351 | 2.47 |
As a group, “Passenger Airlines” companies have a potential upside of 13.88%. Given Norwegian Air Shuttle ASA’s peers higher probable upside, analysts clearly believe Norwegian Air Shuttle ASA has less favorable growth aspects than its peers.
Profitability
This table compares Norwegian Air Shuttle ASA and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Norwegian Air Shuttle ASA | N/A | N/A | N/A |
| Norwegian Air Shuttle ASA Competitors | -17.59% | -6.99% | -0.38% |
Summary
Norwegian Air Shuttle ASA peers beat Norwegian Air Shuttle ASA on 7 of the 11 factors compared.
Norwegian Air Shuttle ASA Company Profile
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 activities; and cargo activities. It operates a fleet of 87 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.