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New Horizon Aircraft Ltd. HOVR NASDAQ

NASDAQ Capital Marke • Industrials • Aerospace & Defense • CA • USD

SharesGrow Score
61/100
3/6 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

New Horizon Aircraft Ltd. (HOVR) is a Aerospace & Defense company in the Industrials sector, currently trading at $1.56. It has a SharesGrow Score of 60/100, indicating a above average investment profile with 3 out of 7 criteria passed.

Valuation: HOVR trades at a trailing Price-to-Earnings (P/E) of -2.9 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 0.56.

Net income is $5M, growing at -23090.3%/yr. Net profit margin is 0% (thin). Gross margin is 0% (+0 pp trend).

Balance sheet: total debt is $30,000 against $3M equity (Debt-to-Equity (D/E) ratio 0.01, conservative). Current ratio is 6.16 (strong liquidity). Debt-to-assets is 0.4%. Total assets: $8M.

Analyst outlook: 1 / 1 analysts rate HOVR as buy (100%) — strong consensus.

SharesGrow 7-Criteria breakdown: Value 100/100 (Pass), Growth 15/100 (Fail), Past 25/100 (Fail), Health 100/100 (Pass), Moat 28/100 (Fail), Future 100/100 (Pass), Income ?/100 (Fail).

HOVR SharesGrow Score Overview

61/100
SharesGrow Score
Above average fundamentals
View full scorecard →
VALUE 100/100
Valuation — P/E, PEG, Forward PEG
GROWTH 15/100
Financials — average growth
PAST 25/100
strong — trend
HEALTH 100/100
Balance sheet — Debt-to-Equity (D/E) ratio, Current ratio is
MOAT 28/100
Gross margin is + market cap
FUTURE 100/100
Analyst outlook — as buy
INCOME 0/100
Net profit margin is
Scores derived from financial statements, analyst ratings, and balance sheet data.

Stock Chart & Stats

Market Data
52-Week Range0.35-4.18
Volume826.08K
Avg Volume (30D)781.26K
Market Cap$69.03M
Beta (1Y)3.14
Share Statistics
EPS (TTM)0.20
Shares Outstanding$25.84M
IPO Date2023-04-03
Employees20
CEOEric Brandon Robinson
Financial Highlights & Ratios
EBITDA$-13.45M
Net Income$5.2M
Operating Income$-13.59M
Total Cash$7.55M
Total Debt$30K
Net Debt$-7.52M
Total Assets$8.41M
Price / Earnings (P/E)7.8
Analyst Forecast
Rating ConsensusBuy
Analysts Covering1
Buy 100% Hold 0% Sell 0%
Company Info
CountryCA
ExchangeNASDAQ Capital Marke
CurrencyUSD
ISINCA64550A1075

Price Chart

HOVR
New Horizon Aircraft Ltd.  ·  NASDAQ Capital Marke
Industrials • Aerospace & Defense
0.35 52WK RANGE 4.18
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