NASDAQ: HOVRNew Horizon Aircraft Ltd Stock
$2.18-0.08 (-3.54%)
Updated Jun 16, 2026
HOVR Price
$2.18
Fair Value Price
$0.24
Market Cap
$98.67M
52 Week Low
$1.16
52 Week High
$4.18
P/E
-3.17x
P/B
9.64x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$24.31M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.55
Operating Cash Flow
-$11M
Beta
1.25
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
HOVR Overview
New Horizon Aircraft Ltd. is an aerospace engineering firm that specializes in the development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft. These advanced vehicles are designed to cater to the regional air mobility sector, particularly targeting opportunities within the United States. A prime example of their innovation is the Cavorite X7, a seven-seater hybrid-electric aircraft capable of vertical ascent and descent. The company, which has its headquarters in Lindsay, Canada, was established in 2013.
Zen Rating
Our proven quant model uses 115 proprietary factors, including AI, to determine HOVR's potential to beat the market
FStrong Sell
- Stocks with a Zen Rating of Strong Sell (F) had an average loss of -8.02% per year. Learn More
Zen Rating Component Grades
F
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HOVR News
Overview
Due Diligence Score
–
Industry Average (32)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how HOVR scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
HOVR ($2.18) is overvalued by 808.99% relative to our estimate of its Fair Value price of $0.24 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
HOVR ($2.18) is not significantly undervalued (808.99%) relative to our estimate of its Fair Value price of $0.24 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
HOVR is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more HOVR due diligence checks available for Premium users.
Valuation
HOVR fair value
Fair Value of HOVR stock based on Discounted Cash Flow (DCF)
Price
$2.18
Fair Value
$0.24
Overvalued by
808.99%
HOVR ($2.18) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HOVR ($2.18) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HOVR is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
HOVR price to earnings (PE)
For valuing profitable companies with steady earnings
Company
-3.17x
Industry
32.83x
Market
13.25x
HOVR price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
9.64x
Industry
6.55x
HOVR is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation
HOVR's financial health
Profit margin
Revenue
$0.0
Net Income
-$5.1M
Profit Margin
0%
HOVR's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
Assets to liabilities
Assets
$16.1M
Liabilities
$5.7M
Debt to equity
0.55
HOVR's short-term assets ($15.26M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HOVR's short-term assets ($15.26M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HOVR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
-$5.0M
Investing
-$102.9k
Financing
$1.7M
HOVR's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials
HOVR vs Defense Stocks
New Horizon Aircraft Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.