New Horizon Aircraft Ltd Class A Shares HOVR
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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Horizon Aircraft Selects BETA Technologies Advanced Flight Control Computers and Software for the Cavorite X7
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RedChip Showcases Public Companies Leading the Vertical Economy at July 16 Virtual Investor Conference
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Horizon Aircraft to Report Fourth Quarter 2026 Results and Provide a Business Update on July 16, 2026
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Horizon Aircraft's Leadership Team to Participate at Farnborough International Airshow 2026
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Horizon Aircraft Advances Cavorite X7 Flight Model Through Partnership With Marshall Aerospace
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Horizon Aircraft Appoints Richard Alexander as Chief Engineer of Certified Programs
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New Horizon Aircraft Ltd. Announces Closing of $25 Million Offering of Common Shares
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New Horizon Aircraft Ltd. Announces Pricing of $25 Million Offering of Common Shares
Trading Information
- Previous Close Price
- $1.76
- Day Range
- $1.67–1.79
- 52-Week Range
- $1.16–4.18
- Bid/Ask
- $1.74 / $1.76
- Shares Outstanding
- 61.76M
- Market Cap
- $108.70M
- Volume/Avg
- 824,142 / 2M
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Stock Style Box
- —
- Total Number of Employees
- 30
- Website
- https://www.horizonaircraft.com
Valuation
|
Metric
|
HOVR
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 13.76 |
Price/Sales | — |
Price/Cash Flow | — |
Price/Earnings
HOVR
Financial Strength
|
Metric
|
HOVR
|
|---|---|
Quick Ratio | 14.04 |
Current Ratio | 14.81 |
Interest Coverage | — |
Quick Ratio
HOVR
Profitability
|
Metric
|
HOVR
|
|---|---|
Return on Assets (Normalized) | −84.24% |
Return on Equity (Normalized) | −398.22% |
Return on Invested Capital (Normalized) | −148.42% |
Return on Assets
HOVR
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United States