New Horizon Aircraft Ltd.
General ticker "HOVR" information:
- Sector: Industrials
- Industry: Aerospace & Defense
- Capitalization: $40.0M (TTM average)
New Horizon Aircraft Ltd. follows the US Stock Market performance with the rate: 50.1%.
Estimated limits based on current volatility of 3.5%: low 1.81$, high 1.94$
Factors to consider:
- Total employees count: 14 as of 2024
- Current price 78.8% above estimated high
- Earnings for 6 months up through Q2 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-05-31 to 2027-05-31
- 2025-05-31 to 2026-05-31 estimated range: [0.29$, 1.05$]
- 2026-05-31 to 2027-05-31 estimated range: [0.26$, 0.92$]
Financial Metrics affecting the HOVR estimates:
- Positive: with PPE of 9.2 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -28.31 <= 0.06
- Positive: Investing cash flow per share per price, % of -0.43 > -0.64
- Positive: 19.59 < Shareholder equity ratio, % of 30.79 <= 42.74
- Positive: 3.02 < Industry operating profit margin (median), % of 3.26
- Positive: Return on assets ratio (scaled to [-100,100]) of 38.20 > 6.13
- Positive: Industry inventory ratio change (median), % of -1.37 <= -0.17
- Positive: Inventory ratio change, % of 0 <= 0
- Negative: Industry earnings per price (median), % of 0.38 <= 4.52
Short-term HOVR quotes
Long-term HOVR plot with estimates
Financial data
| YTD | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Operating Revenue | CA$0.00MM | CA$0.00MM | CA$0.00MM |
| Operating Expenses | CA$1.46MM | CA$4.62MM | CA$13.59MM |
| Operating Income | CA$-1.46MM | CA$-4.62MM | CA$-13.59MM |
| Non-Operating Income | CA$0.22MM | CA$-3.54MM | CA$18.79MM |
| Interest Expense | CA$0.00MM | CA$0.16MM | CA$0.00MM |
| R&D Expense | CA$0.68MM | CA$0.88MM | CA$3.66MM |
| Income(Loss) | CA$-1.25MM | CA$-8.16MM | CA$5.20MM |
| Profit(Loss)* | CA$-1.32MM | CA$-8.16MM | CA$5.20MM |
| Stockholders Equity | CA$-0.41MM | CA$-17.93MM | CA$2.59MM |
| Assets | CA$1.41MM | CA$4.94MM | CA$8.41MM |
| Operating Cash Flow | CA$-1.01MM | CA$-3.31MM | CA$-9.31MM |
| Capital expenditure | CA$0.08MM | CA$0.21MM | CA$0.14MM |
| Investing Cash Flow | CA$-0.08MM | CA$-0.21MM | CA$-0.14MM |
| Financing Cash Flow | CA$1.31MM | CA$5.11MM | CA$15.19MM |
| Earnings Per Share** | CA$-0.18 | CA$-0.76 | CA$0.20 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.