New Horizon Aircraft Ltd. (HOVR)
NASDAQ: HOVR · Real-Time Price · USD
1.725
+0.135 (8.49%)
Jul 30, 2026, 1:52 PM EDT - Market open

New Horizon Aircraft Statistics

Total Valuation

HOVR has a market cap or net worth of $115.27 million. The enterprise value is $55.87 million.

Market Cap115.27M
Enterprise Value 55.87M

Important Dates

The last earnings date was Thursday, July 16, 2026, before market open.

Earnings Date Jul 16, 2026
Ex-Dividend Date n/a

Share Statistics

HOVR has 66.83 million shares outstanding. The number of shares has increased by 39.94% in one year.

Current Share Class 66.83M
Shares Outstanding 66.83M
Shares Change (YoY) +39.94%
Shares Change (QoQ) +9.26%
Owned by Insiders (%) 7.27%
Owned by Institutions (%) 2.56%
Float 54.16M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio n/a
Forward PS n/a
PB Ratio 2.09
P/TBV Ratio 2.39
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 22.76, with a Debt / Equity ratio of 0.00.

Current Ratio 22.76
Quick Ratio 21.72
Debt / Equity 0.00
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -89.81% and return on invested capital (ROIC) is -39.75%.

Return on Equity (ROE) -89.81%
Return on Assets (ROA) -31.81%
Return on Invested Capital (ROIC) -39.75%
Return on Capital Employed (ROCE) -28.79%
Weighted Average Cost of Capital (WACC) 25.37%
Revenue Per Employee n/a
Profits Per Employee -$800,279
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 +13.25% in the last 52 weeks. The beta is 3.84, so HOVR's price volatility has been higher than the market average.

Beta (5Y) 3.84
52-Week Price Change +13.25%
50-Day Moving Average 2.10
200-Day Moving Average 1.99
Relative Strength Index (RSI) 44.73
Average Volume (20 Days) 1,315,617

Short Selling Information

The latest short interest is 3.05 million, so 4.56% of the outstanding shares have been sold short.

Short Interest 3.05M
Short Previous Month 2.93M
Short % of Shares Out 4.56%
Short % of Float 5.63%
Short Ratio (days to cover) 2.95

Income Statement

Revenue n/a
Gross Profit n/a
Operating Income -17.02M
Pretax Income -24.01M
Net Income -24.01M
EBITDA -16.53M
EBIT -16.74M
Earnings Per Share (EPS) -$0.56
Full Income Statement

Balance Sheet

The company has $56.78 million in cash and $52,230 in debt, with a net cash position of $56.73 million or $0.85 per share.

Cash & Cash Equivalents 56.78M
Total Debt 52,230
Net Cash 56.73M
Net Cash Per Share $0.85
Equity (Book Value) 51.58M
Book Value Per Share 0.76
Working Capital 57.46M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$11.76 million and capital expenditures -$689,785, giving a free cash flow of -$12.45 million.

Operating Cash Flow -11.76M
Capital Expenditures -689,785
Depreciation & Amortization 212,571
Net Borrowing n/a
Free Cash Flow -12.45M
FCF Per Share -$0.19
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 -39.94%
Shareholder Yield -39.94%
Earnings Yield -21.32%
FCF Yield -11.06%

Analyst Forecast

The average price target for HOVR is $8.32, which is 382.32% higher than the current price. The consensus rating is "Strong Buy".

Price Target $8.32
Price Target Difference 382.32%
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