NASDAQ: HOVRNew Horizon Aircraft Ltd Stock
$1.27-0.03 (-2.31%)
Updated Oct 29, 2026
HOVR Price
$1.27
Fair Value Price
$1.79
Market Cap
$85.25M
52 Week Low
$1.16
52 Week High
$3.68
P/E
-3.23x
P/B
1.8x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$18.96M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.11
Operating Cash Flow
-$15M
Beta
1.29
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
HOVR Overview
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.
Zen Rating
Our proven quant model uses 115 proprietary factors, including AI, to determine HOVR's potential to beat the market
DSell
- Stocks with a Zen Rating of Sell (D) had an average loss of -6.47% per year. Learn More
Zen Rating Component Grades
F
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.
Industry: Defense
Industry Rating
D
HOVR
Ranked#70 of 84
Ranked#70 of 84
Top Ranked Stocks in Industry
| Name / Ticker | Price | Zen Rating |
|---|---|---|
| $13.66 | A | |
| $45.78 | A | |
| $362.81 | A |
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HOVR News
Overview
Due Diligence Score
–
Industry Average (34)
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 ($1.27) is undervalued by 28.85% relative to our estimate of its Fair Value price of $1.79 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
HOVR ($1.27) is significantly undervalued by 28.85% relative to our estimate of its Fair Value price of $1.79 based on Discounted Cash Flow (DCF) modelling, which includes 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
$1.27
Fair Value
$1.79
Undervalued by
28.85%
HOVR ($1.27) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HOVR ($1.27) is significantly undervalued... 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
-3.23x
Industry
12.94x
Market
47.98x
HOVR price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
1.8x
Industry
8.59x
HOVR is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
HOVR's financial health
Profit margin
Revenue
$0.0
Net Income
-$2.9M
Profit Margin
0%
HOVR's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
Assets to liabilities
Assets
$54.4M
Liabilities
$5.5M
Debt to equity
0.11
HOVR's short-term assets ($51.82M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HOVR's short-term assets ($51.82M) 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
-$5.2M
Investing
-$484.5k
Financing
-$241.2k
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.