New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd.verified

HOVR

Price:

$2.19

Market Cap:

$138.57M

New Horizon Aircraft Ltd. is an aerospace engineering firm that specializes in the development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft. These advanced vehicles are designed to cater to the regional air mobility sector, particularly targeting opportunities within the United States. A prime example of their innovation is the Cavorite X7, a seven-seater hybrid-electric aircraft capable of vertical ascent and descent. The company, which has its headquarters in Lindsay, Canada, was established in 2013.

Industry

Aerospace & Defense

IPO Date

2023-04-03

Stock Exchange

NASDAQ

Ticker

HOVR

The Enterprise Value as of June 2026 (TTM) for New Horizon Aircraft Ltd. (HOVR) is 111.73M

According to New Horizon Aircraft Ltd.’s latest financial reports and current stock price. The company's current Enterprise Value is 111.73M. This represents a change of 70.59% compared to the average of 65.50M of the last 4 quarters.

New Horizon Aircraft Ltd. (HOVR) Historical Enterprise Value (quarterly & annually)

How has HOVR Enterprise Value performed in the past?

The mean historical Enterprise Value of New Horizon Aircraft Ltd. over the last ten years is 58.19M. The current 111.73M Enterprise Value has changed 19.10% with respect to the historical average. Over the past ten years (40 quarters), HOVR's Enterprise Value was at its highest in in the December 2022 quarter at 103.49M. The Enterprise Value was at its lowest in in the June 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

58.19M

Median

59.31M

Minimum

9.87M

Maximum

104.28M

New Horizon Aircraft Ltd. (HOVR) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of New Horizon Aircraft Ltd. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 176.79%

Maximum Annual Enterprise Value = 104.28M

Minimum Annual Increase = -90.54%

Minimum Annual Enterprise Value = 9.87M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202527.31M176.79%
20249.87M-90.54%
2023104.28M14.20%

New Horizon Aircraft Ltd. (HOVR) Average Enterprise Value

How has HOVR Enterprise Value performed in the past?

The current Enterprise Value of New Horizon Aircraft Ltd. (HOVR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

47.15M

5-year avg

58.19M

10-year avg

58.19M

New Horizon Aircraft Ltd. (HOVR) Enterprise Value vs. Peers

How is HOVR’s Enterprise Value compared to its peers?

New Horizon Aircraft Ltd.’s Enterprise Value is greater than Safe Pro Group Inc. Common Stock (71.66M), greater than Coda Octopus Group, Inc. (93.09M), greater than Mastech Digital, Inc. (63.24M), less than DHI Group, Inc. (192.95M), less than Bridger Aerospace Group Holdings, Inc. Common Stock (352.57M), less than BUUU Group Limited Class A Ordinary Share (208.56M), less than NN, Inc. (368.55M), greater than BingEx Limited (-163875052.36), greater than VirTra, Inc. (29.21M), less than Evolv Technologies Holdings, Inc. (1.08B),

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