New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd.
Your view on HOVR
Overview
What the company does, where it operates, and who runs it.
About New Horizon Aircraft Ltd.
- Industry
- Aerospace & Defense
- Sector
- Industrials
- CEO
- Eric Brandon Robinson
- Headquarters
- CA
- Industry
- Aerospace & Defense
- Sector
- Industrials
- CEO
- Eric Brandon Robinson
- Headquarters
- CA
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.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for New Horizon Aircraft Ltd., and the rating behind it. HOVR last traded at $1.66; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for New Horizon Aircraft Ltd.. Starting points for New Horizon Aircraft Ltd.: EPS -$0.77, beta 3.86 — an Aerospace & Defense name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for New Horizon Aircraft Ltd.. New Horizon Aircraft Ltd. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for New Horizon Aircraft Ltd.. Trailing twelve-month EPS for New Horizon Aircraft Ltd. stands at -$0.77. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for New Horizon Aircraft Ltd.. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
New Horizon Aircraft Ltd. valued side by side against its closest peers. New Horizon Aircraft Ltd. is measured against Aerospace & Defense peers within the Industrials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold New Horizon Aircraft Ltd., and how their positions are changing. At a $110.9M market value, institutional positions materially move New Horizon Aircraft Ltd.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by New Horizon Aircraft Ltd. executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming New Horizon Aircraft Ltd.. New Horizon Aircraft Ltd. is a $110.9M Industrials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming New Horizon Aircraft Ltd.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for New Horizon Aircraft Ltd.. Coverage tracks New Horizon Aircraft Ltd. within Aerospace & Defense (Industrials). Press releases and market coverage, newest first.