NASDAQ: HOVRNew Horizon Aircraft Ltd Stock
$0.50+0.01 (+2.04%)
Updated May 12, 2025
HOVR Price
$0.50
Fair Value Price
$0.07
Market Cap
$15.57M
52 Week Low
$0.24
52 Week High
$2.04
P/E
1.29x
P/B
3.18x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$7.12M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.48
Operating Cash Flow
-$7M
Beta
0.62
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
HOVR Overview
New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing 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
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Zen Rating Component Grades
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HOVR News
Overview
Due Diligence Score
–
Industry Average (31)
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Due Diligence Checks
HOVR ($0.50) is overvalued by 602.17% relative to our estimate of its Fair Value price of $0.07 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
HOVR ($0.50) is not significantly undervalued (602.17%) relative to our estimate of its Fair Value price of $0.07 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
HOVR is good value based... subscribe to Premium to read more.
P/E vs Market 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
$0.50
Fair Value
$0.07
Overvalued by
607.84%
HOVR ($0.50) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HOVR ($0.50) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HOVR price to earnings (PE)
For valuing profitable companies with steady earnings
Company
1.29x
Industry
44.38x
Market
24.73x
HOVR is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HOVR is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
HOVR price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
3.18x
Industry
6.11x
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
-$3.5M
Profit Margin
0%
HOVR's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
Assets to liabilities
Assets
$7.3M
Liabilities
$2.3M
Debt to equity
0.48
HOVR's short-term assets ($7.05M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HOVR's short-term assets ($7.05M) 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
-$1.8M
Investing
-$64.1k
Financing
$7.8M
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.