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NEW HORIZON AIRCRAFT LTD (HOVR) Stock Fundamental Analysis

USA - NASDAQ:HOVR - CA64550A1075 - Common Stock

2.04 USD
-0.1 (-4.67%)
Last: 11/7/2025, 8:00:02 PM
2.09 USD
+0.05 (+2.45%)
After Hours: 11/7/2025, 8:00:02 PM
Fundamental Rating

2

HOVR gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 71 industry peers in the Aerospace & Defense industry. The financial health of HOVR is average, but there are quite some concerns on its profitability. HOVR does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

HOVR had positive earnings in the past year.
HOVR had a negative operating cash flow in the past year.
HOVR Yearly Net Income VS EBIT VS OCF VS FCFHOVR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 0 2M -2M 4M 6M 8M

1.2 Ratios

With a decent Return On Assets value of 7.06%, HOVR is doing good in the industry, outperforming 78.87% of the companies in the same industry.
Looking at the Return On Equity, with a value of 7.49%, HOVR is in line with its industry, outperforming 59.15% of the companies in the same industry.
Industry RankSector Rank
ROA 7.06%
ROE 7.49%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
HOVR Yearly ROA, ROE, ROICHOVR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 0 -10 -20 -30 -40

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for HOVR so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
HOVR Yearly Profit, Operating, Gross MarginsHOVR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023

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4

2. Health

2.1 Basic Checks

HOVR has less shares outstanding than it did 1 year ago.
Compared to 1 year ago, HOVR has an improved debt to assets ratio.
HOVR Yearly Shares OutstandingHOVR Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 5M 10M 15M
HOVR Yearly Total Debt VS Total AssetsHOVR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 20M 40M 60M 80M 100M

2.2 Solvency

An Altman-Z score of 10.33 indicates that HOVR is not in any danger for bankruptcy at the moment.
The Altman-Z score of HOVR (10.33) is better than 87.32% of its industry peers.
HOVR has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
HOVR's Debt to Equity ratio of 0.00 is amongst the best of the industry. HOVR outperforms 94.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 10.33
ROIC/WACCN/A
WACCN/A
HOVR Yearly LT Debt VS Equity VS FCFHOVR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 0 20M 40M 60M 80M 100M

2.3 Liquidity

A Current Ratio of 0.12 indicates that HOVR may have some problems paying its short term obligations.
HOVR has a Current ratio of 0.12. This is amonst the worse of the industry: HOVR underperforms 97.18% of its industry peers.
A Quick Ratio of 0.12 indicates that HOVR may have some problems paying its short term obligations.
HOVR's Quick ratio of 0.12 is on the low side compared to the rest of the industry. HOVR is outperformed by 97.18% of its industry peers.
Industry RankSector Rank
Current Ratio 0.12
Quick Ratio 0.12
HOVR Yearly Current Assets VS Current LiabilitesHOVR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 200K 400K 600K 800K

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0

3. Growth

3.1 Past

EPS 1Y (TTM)N/A
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

The Earnings Per Share is expected to decrease by -19.95% on average over the next years. This is quite bad
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2Y-21.25%
EPS Next 3Y-48.74%
EPS Next 5Y-19.95%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
HOVR Yearly Revenue VS EstimatesHOVR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2027 2028 2029 2030 2031 2032 200M 400M 600M
HOVR Yearly EPS VS EstimatesHOVR Yearly EPS VS EstimatesYearly EPS VS Estimates 2025 2026 2027 2028 2029 2030 2031 2032 0 1 -1 2 3

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2

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 5.37, the valuation of HOVR can be described as very cheap.
HOVR's Price/Earnings ratio is rather cheap when compared to the industry. HOVR is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.83, HOVR is valued rather cheaply.
Industry RankSector Rank
PE 5.37
Fwd PE N/A
HOVR Price Earnings VS Forward Price EarningsHOVR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HOVR Per share dataHOVR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5

4.3 Compensation for Growth

HOVR's earnings are expected to decrease with -48.74% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-21.25%
EPS Next 3Y-48.74%

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0

5. Dividend

5.1 Amount

No dividends for HOVR!.
Industry RankSector Rank
Dividend Yield N/A

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NEW HORIZON AIRCRAFT LTD

NASDAQ:HOVR (11/7/2025, 8:00:02 PM)

After market: 2.09 +0.05 (+2.45%)

2.04

-0.1 (-4.67%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)10-10 2025-10-10/dmh
Earnings (Next)01-05 2026-01-05
Inst Owners3.9%
Inst Owner Change-0.88%
Ins Owners24.41%
Ins Owner Change-8.85%
Market Cap83.58M
Revenue(TTM)N/A
Net Income(TTM)8.62M
Analysts82.5
Price Target5.91 (189.71%)
Short Float %4.65%
Short Ratio0.86
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)202.3%
PT rev (3m)202.3%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 5.37
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 1.02
P/tB 1.02
EV/EBITDA N/A
EPS(TTM)0.38
EY18.63%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)-0.04
OCFYN/A
SpS0
BVpS1.99
TBVpS1.99
PEG (NY)N/A
PEG (5Y)N/A
Graham Number4.13
Profitability
Industry RankSector Rank
ROA 7.06%
ROE 7.49%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.12
Quick Ratio 0.12
Altman-Z 10.33
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)N/A
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next YN/A
EPS Next 2Y-21.25%
EPS Next 3Y-48.74%
EPS Next 5Y-19.95%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-16564%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3Y-128.37%
EBIT Next 5Y-64.81%
FCF growth 1Y-21149%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-21149%
OCF growth 3YN/A
OCF growth 5YN/A

NEW HORIZON AIRCRAFT LTD / HOVR FAQ

What is the fundamental rating for HOVR stock?

ChartMill assigns a fundamental rating of 2 / 10 to HOVR.


What is the valuation status of NEW HORIZON AIRCRAFT LTD (HOVR) stock?

ChartMill assigns a valuation rating of 2 / 10 to NEW HORIZON AIRCRAFT LTD (HOVR). This can be considered as Overvalued.


What is the profitability of HOVR stock?

NEW HORIZON AIRCRAFT LTD (HOVR) has a profitability rating of 1 / 10.


What is the valuation of NEW HORIZON AIRCRAFT LTD based on its PE and PB ratios?

The Price/Earnings (PE) ratio for NEW HORIZON AIRCRAFT LTD (HOVR) is 5.37 and the Price/Book (PB) ratio is 1.02.