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
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.
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%.
Average
169.29%
Median
165.03%
Minimum
45.50%
Maximum
301.58%
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%
| Year | ROE | Change |
|---|---|---|
| 2025 | 200.77% | 341.23% |
| 2023 | 45.50% | -84.91% |
| 2023 | 301.58% | 133.26% |
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.’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%),
| Company | ROE | Market cap |
|---|---|---|
| -280.16% | $79.21M | |
| 8.46% | $98.88M | |
| -0.08% | $83.20M | |
| -8.68% | $83.54M | |
| 12.09% | $99.98M | |
| 98.11% | $99.24M | |
| -48.42% | $63.84M | |
| 1.35% | $74.25M | |
| 0.83% | $56.38M | |
| -55.11% | $1.10B |
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