New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd.verified

HOVR

Price:

$1.79

Market Cap:

$73.34M

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.

Industry

Aerospace & Defense

IPO Date

2023-04-03

Stock Exchange

NASDAQ

Ticker

HOVR

The ROE as of December 2025 (TTM) for New Horizon Aircraft Ltd. (HOVR) is -61.91%

According to New Horizon Aircraft Ltd.’s latest financial reports and current stock price. The company's current ROE is -61.91%. This represents a change of -80.39% compared to the average of -315.61% of the last 4 quarters.

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

How has HOVR ROE performed in the past?

The mean historical ROE of New Horizon Aircraft Ltd. over the last ten years is 169.29%. The current -61.91% ROE has changed -136.57% with respect to the historical average. Over the past ten years (40 quarters), HOVR's ROE was at its highest in in the June 2023 quarter at 107.38%. The ROE was at its lowest in in the December 2022 quarter at -2330.65%.

Quarterly (TTM)
Annual

Average

169.29%

Median

165.03%

Minimum

45.50%

Maximum

301.58%

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

Discovering the peaks and valleys of New Horizon Aircraft Ltd. ROE, 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 = 341.23%

Maximum Annual ROE = 301.58%

Minimum Annual Increase = -84.91%

Minimum Annual ROE = 45.50%

Quarterly (TTM)
Annual
YearROEChange
2025200.77%341.23%
202345.50%-84.91%
2023301.58%133.26%

New Horizon Aircraft Ltd. (HOVR) Average ROE

How has HOVR ROE performed in the past?

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

3-year avg

182.62%

5-year avg

169.29%

10-year avg

169.29%

New Horizon Aircraft Ltd. (HOVR) ROE vs. Peers

How is HOVR’s ROE compared to its peers?

New Horizon Aircraft Ltd.’s ROE is greater than Safe Pro Group Inc. Common Stock (-280.16%), less than Coda Octopus Group, Inc. (8.46%), less than Mastech Digital, Inc. (-0.08%), greater than DHI Group, Inc. (-8.68%), less than Bridger Aerospace Group Holdings, Inc. Common Stock (12.09%), less than BUUU Group Limited Class A Ordinary Share (98.11%), greater than NN, Inc. (-48.42%), less than BingEx Limited (1.35%), less than VirTra, Inc. (0.83%), greater than Evolv Technologies Holdings, Inc. (-55.11%),

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