New Horizon Aircraft Ltd. (HOVR) Financial Ratios
4 years of historical data (2022–2025) · Industrials · Aerospace & Defense
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
36.03
↑+186% vs avg
5yr avg: 12.59
30Y Low12.6·High12.6
ROE
200.8%
+0% vs avg
5yr avg: 200.8%
30Y Low201%·High201%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HOVR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
New Horizon Aircraft Ltd. trades at 17.8x earnings, 186% above its 5-year average of 6.2x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a discount of 30%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Market Cap | $94M | $33M | $9M | $76M | — |
| Enterprise Value | $89M | $25M | $7M | $77M | — |
| P/E Ratio → | 17.85 | 6.24 | — | — | — |
| P/S Ratio | — | — | — | — | — |
| P/B Ratio | 36.03 | 12.59 | — | — | — |
| P/FCF | — | — | — | — | — |
| P/OCF | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
HOVR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — |
| EV / FCF | — | — | — | — | — |
HOVR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Return on equity of 200.8% is exceptionally high, though this is partly amplified by negative book value driven by aggressive share buybacks — well above the sector median of 8.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — |
| Operating Margin | — | — | — | — | — |
| Net Profit Margin | — | — | — | — | — |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | 200.8% | 200.8% | — | — | — |
| ROA | 77.9% | 77.9% | -256.8% | -96.8% | -141.9% |
| ROIC | — | — | — | -113.3% | — |
| ROCE | -254.0% | -254.0% | -261.7% | -388.7% | -214.6% |
HOVR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $8M exceeds total debt of $30000, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | — | — | — |
| Debt / EBITDA | — | — | — | — | — |
| Net Debt / Equity | — | -2.90 | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — |
| Interest Coverage | — | — | -28.14 | — | — |
Net cash position: cash ($8M) exceeds total debt ($30000)
HOVR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
New Horizon Aircraft Ltd.'s current ratio of 6.16x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 0.16x to 6.16x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 6.16 | 6.16 | 3.50 | 0.16 | 0.02 |
| Quick Ratio | 6.16 | 6.16 | 3.50 | 0.16 | 0.02 |
| Cash Ratio | 5.69 | 5.69 | 1.36 | 0.15 | 0.01 |
| Asset Turnover | — | — | — | — | — |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — |
HOVR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
New Horizon Aircraft Ltd. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 5.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | 5.6% | 16.0% | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $31M | $11M | $7M | $7M |
Peer Comparison
Compare HOVR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 HOVRYou | $94M | 17.8 | — | — | — | — | 200.8% | — | — |
 ACHR | $4B | -5.5 | — | — | — | -243100.0% | -41.8% | -89.6% | — |
 JOBY | $10B | -8.7 | — | — | -30.1% | -1346.9% | -80.1% | -54.7% | — |
 EVTL | $213M | -2.8 | — | — | — | — | — | — | — |
 WKHS | $31M | -0.4 | — | — | -45.0% | -223.7% | -146.8% | -62.2% | — |
 RCAT | $1B | -17.7 | — | — | 3.1% | -163.5% | -48.7% | -71.0% | — |
 AIRO | $242M | -45.2 | — | — | 59.9% | -31.6% | -0.6% | -3.5% | — |
 UAVS | $39M | -1.7 | — | — | 51.8% | -69.8% | -87.1% | -415.9% | — |
 HON | $145B | 31.0 | 20.9 | 26.8 | 36.9% | 17.5% | 27.3% | 12.6% | 4.3 |
 GE | $371B | 43.5 | 38.0 | 51.1 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
 BA | $174B | 89.0 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
| Industrials Median | — | 25.5 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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HOVR — Frequently Asked Questions
Quick answers to the most common questions about buying HOVR stock.
What is New Horizon Aircraft Ltd.'s P/E ratio?
New Horizon Aircraft Ltd.'s current P/E ratio is 17.8x. The historical average is 6.2x. This places it at the 100th percentile of its historical range.
What is New Horizon Aircraft Ltd.'s ROE?
New Horizon Aircraft Ltd.'s return on equity (ROE) is 200.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 200.8%.
Is HOVR stock overvalued?
Based on historical data, New Horizon Aircraft Ltd. is trading at a P/E of 17.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.