New Horizon Aircraft Ltd.

General ticker "HOVR" information:

  • Sector: Industrials
  • Industry: Aerospace & Defense
  • Capitalization: $39.9M (TTM average)

New Horizon Aircraft Ltd. follows the US Stock Market performance with the rate: 42.0%.

Estimated limits based on current volatility of 8.0%: low 2.38$, high 2.75$

Factors to consider:

  • Total employees count: 14 as of 2024
  • Current price 188.0% above estimated high
  • Earnings for 9 months up through Q3 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: [0.30$, 1.09$]
  • 2026-05-31 to 2027-05-31 estimated range: [0.27$, 0.97$]

Financial Metrics affecting the HOVR estimates:

  • Positive: with PPE of 9.2 at the end of fiscal year the price was low
  • Negative: Operating cash flow per share per price, % of -28.31 <= 0.02
  • Negative: negative Operating income
  • Positive: Return on assets ratio (scaled to [-100,100]) of 38.20 > 6.07
  • Negative: Industry operating profit margin (median), % of 0.70 <= 2.96
  • Positive: Investing cash flow per share per price, % of -0.43 > -0.63
  • Negative: -0.74 < Inventory ratio change, % of 0

Similar symbols

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$5.20MM
Stockholders Equity CA$-1.39MM CA$-17.93MM CA$2.59MM
Assets CA$0.44MM CA$4.94MM CA$8.41MM
Operating Cash Flow CA$-1.09MM CA$-3.31MM CA$-9.31MM
Capital expenditure CA$0.08MM CA$0.21MM CA$0.14MM
Investing Cash Flow CA$0.00MM CA$-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.