New Horizon Aircraft Ltd. (HOVR)

New Horizon Aircraft Statistics

Total Valuation

HOVR has a market cap or net worth of $82.75 million. The enterprise value is $65.37 million.

Market Cap	82.75M
Enterprise Value	65.37M

Important Dates

The next estimated earnings date is Monday, April 13, 2026, before market open.

Earnings Date	Apr 13, 2026
Ex-Dividend Date	n/a

Share Statistics

HOVR has 44.25 million shares outstanding. The number of shares has increased by 83.29% in one year.

Current Share Class	44.25M
Shares Outstanding	44.25M
Shares Change (YoY)	+83.29%
Shares Change (QoQ)	+13.32%
Owned by Insiders (%)	15.29%
Owned by Institutions (%)	3.76%
Float	29.36M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	n/a
Forward PS	n/a
PB Ratio	14.01
P/TBV Ratio	14.11
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 6.51, with a Debt / Equity ratio of 0.00.

Current Ratio	6.51
Quick Ratio	6.43
Debt / Equity	0.00
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -513.43% and return on invested capital (ROIC) is -191.16%.

Return on Equity (ROE)	-513.43%
Return on Assets (ROA)	-84.39%
Return on Invested Capital (ROIC)	-191.16%
Return on Capital Employed (ROCE)	-85.39%
Weighted Average Cost of Capital (WACC)	20.40%
Revenue Per Employee	n/a
Profits Per Employee	-$742,178
Employee Count	30
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +256.87% in the last 52 weeks. The beta is 2.94, so HOVR's price volatility has been higher than the market average.

Beta (5Y)	2.94
52-Week Price Change	+256.87%
50-Day Moving Average	1.95
200-Day Moving Average	1.88
Relative Strength Index (RSI)	47.62
Average Volume (20 Days)	508,752

Short Selling Information

The latest short interest is 2.50 million, so 5.65% of the outstanding shares have been sold short.

Short Interest	2.50M
Short Previous Month	2.57M
Short % of Shares Out	5.65%
Short % of Float	8.52%
Short Ratio (days to cover)	0.74

Income Statement

Revenue	n/a
Gross Profit	n/a
Operating Income	-13.34M
Pretax Income	-22.27M
Net Income	-22.27M
EBITDA	-13.20M
EBIT	-13.34M
Earnings Per Share (EPS)	-$0.63

Balance Sheet

The company has $17.40 million in cash and $13,600 in debt, with a net cash position of $17.38 million or $0.39 per share.

Cash & Cash Equivalents	17.40M
Total Debt	13,600
Net Cash	17.38M
Net Cash Per Share	$0.39
Equity (Book Value)	10.36M
Book Value Per Share	0.13
Working Capital	15.05M

Cash Flow

In the last 12 months, operating cash flow was -$7.23 million and capital expenditures -$578,357, giving a free cash flow of -$8.03 million.

Operating Cash Flow	-7.23M
Capital Expenditures	-578,357
Free Cash Flow	-8.03M
FCF Per Share	-$0.18

Margins

Gross Margin	n/a
Operating Margin	n/a
Pretax Margin	n/a
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

HOVR does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-83.29%
Shareholder Yield	-83.29%
Earnings Yield	-26.91%
FCF Yield	-9.71%

Analyst Forecast

The average price target for HOVR is $10.33, which is 452.41% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$10.33
Price Target Difference	452.41%
Analyst Consensus	Strong Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	2