New Horizon Aircraft Ltd. (HOVR)
NASDAQ: HOVR · Real-Time Price · USD
2.220
+0.030 (1.37%)
At close: Jun 18, 2026, 4:00 PM EDT
2.200
-0.020 (-0.89%)
After-hours: Jun 18, 2026, 7:48 PM EDT

New Horizon Aircraft Statistics

Total Valuation

HOVR has a market cap or net worth of $137.11 million. The enterprise value is $122.70 million.

Market Cap137.11M
Enterprise Value 122.70M

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 17.33
P/TBV Ratio 23.81
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

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) 24.55%
Revenue Per Employee n/a
Profits Per Employee -$808,187
Employee Count30
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 +26.14% in the last 52 weeks. The beta is 3.69, so HOVR's price volatility has been higher than the market average.

Beta (5Y) 3.69
52-Week Price Change +26.14%
50-Day Moving Average 2.22
200-Day Moving Average 2.05
Relative Strength Index (RSI) 46.97
Average Volume (20 Days) 3,470,580

Short Selling Information

The latest short interest is 2.90 million, so 4.69% of the outstanding shares have been sold short.

Short Interest 2.90M
Short Previous Month 2.91M
Short % of Shares Out 4.69%
Short % of Float 5.93%
Short Ratio (days to cover) 0.76

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
Full Income Statement

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
Full Balance Sheet

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 -$10.71 million.

Operating Cash Flow -10.48M
Capital Expenditures -628,451
Depreciation & Amortization 160,522
Net Borrowing n/a
Free Cash Flow -10.71M
FCF Per Share -$0.17
Full Cash Flow Statement

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 -17.68%
FCF Yield -7.81%

Analyst Forecast

The average price target for HOVR is $8.20, which is 269.37% higher than the current price. The consensus rating is "Strong Buy".

Price Target $8.20
Price Target Difference 269.37%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (3Y) n/a
EPS Growth Forecast (3Y) n/a
Stock Forecasts

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