New Horizon Aircraft Ltd. (HOVR)

New Horizon Aircraft Statistics

Total Valuation

HOVR has a market cap or net worth of $180.66 million. The enterprise value is $166.24 million.

Market Cap	180.66M
Enterprise Value	166.24M

Important Dates

The last earnings date was Tuesday, April 14, 2026, before market open.

Earnings Date	Apr 14, 2026
Ex-Dividend Date	n/a

Share Statistics

HOVR has 61.76 million shares outstanding. The number of shares has increased by 58.11% in one year.

Current Share Class	61.76M
Shares Outstanding	61.76M
Shares Change (YoY)	+58.11%
Shares Change (QoQ)	+5.34%
Owned by Insiders (%)	7.66%
Owned by Institutions (%)	2.75%
Float	48.91M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	n/a
Forward PS	n/a
PB Ratio	22.84
P/TBV Ratio	31.37
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 14.81, with a Debt / Equity ratio of 0.00.

Current Ratio	14.81
Quick Ratio	14.04
Debt / Equity	0.00
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -313.01% and return on invested capital (ROIC) is -133.82%.

Return on Equity (ROE)	-313.01%
Return on Assets (ROA)	-87.90%
Return on Invested Capital (ROIC)	-133.82%
Return on Capital Employed (ROCE)	-110.66%
Weighted Average Cost of Capital (WACC)	24.16%
Revenue Per Employee	n/a
Profits Per Employee	-$808,187
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 +198.77% in the last 52 weeks. The beta is 3.62, so HOVR's price volatility has been higher than the market average.

Beta (5Y)	3.62
52-Week Price Change	+198.77%
50-Day Moving Average	2.00
200-Day Moving Average	2.01
Relative Strength Index (RSI)	62.12
Average Volume (20 Days)	4,040,242

Short Selling Information

The latest short interest is 2.43 million, so 3.93% of the outstanding shares have been sold short.

Short Interest	2.43M
Short Previous Month	1.93M
Short % of Shares Out	3.93%
Short % of Float	4.96%
Short Ratio (days to cover)	1.47

Income Statement

Revenue	n/a
Gross Profit	n/a
Operating Income	-16.62M
Pretax Income	-24.25M
Net Income	-24.25M
EBITDA	-16.46M
EBIT	-16.62M
Earnings Per Share (EPS)	-$0.63

Balance Sheet

The company has $14.43 million in cash and $10,266 in debt, with a net cash position of $14.42 million or $0.23 per share.

Cash & Cash Equivalents	14.43M
Total Debt	10,266
Net Cash	14.42M
Net Cash Per Share	$0.23
Equity (Book Value)	10.36M
Book Value Per Share	0.13
Working Capital	14.40M

Cash Flow

In the last 12 months, operating cash flow was -$10.48 million and capital expenditures -$628,451, giving a free cash flow of -$10.98 million.

Operating Cash Flow	-10.48M
Capital Expenditures	-628,451
Depreciation & Amortization	164,451
Net Borrowing	n/a
Free Cash Flow	-10.98M
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	-58.11%
Shareholder Yield	-58.11%
Earnings Yield	-13.42%
FCF Yield	-6.08%

Analyst Forecast

The average price target for HOVR is $7.79, which is 166.33% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$7.79
Price Target Difference	166.33%
Analyst Consensus	Strong Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	27.05%

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