New Horizon Aircraft Ltd.

HOVR Industrials Aerospace & Defense

EPS
+76.2%
Free cash flow
−208.2%

Quarter to August 2026, against a year earlier

1.13 0.04 −3.42%
Market cap
$75.9M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 13.10%

Capital & Financial Ratios $m

Size
Market Cap 75.85
Revenue ttm —
Net income ttm (18.96)
Free cash flow ttm (16.46)
Net debt Q (49.96)
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.69
Financial health
Current ratio Q 30.19 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 14.91
Growth
Revenue growth Q —
Operating income growth Q −50.62% (below 0%: shrinking)
EPS, this year +29.62% (at or above 15%: strong)
EPS, next year A −46.01% (below 0%: weak)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A +3.56%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 1 5 57 50
Receivables 0 0 3 1
Inventory — — — —
Other — — — —
3 6 60 53
2024 2025 2026 Q'26
Payables 1 0 2 1
ST’ Debt — — — —
Other — — — —
1 1 3 2

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 401.23% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Aug Nov Feb May Year
’26 (0.05) — — — —
’26 (0.21) (0.15) (0.12) (0.09) (0.56)
’25 (0.11) 0.58 (0.12) (0.15) 0.12
’24 — — (0.32) (0.48) (0.55)
’23 (0.06) (0.11) — — 1.75
’23 — — (0.03) (0.19) (0.13)
Fiscal quarters ending in the months shown.

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Aug Nov Feb May Year
’26 (5) — — — —
’26 (2) (2) (5) (3) (12)
’25 (1) (2) (2) (2) (7)
’24 — — 0 0 (2)
’23 0 0 — — (2)
’23 — — (1) 0 (1)
’22 0 0 — — 0
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Aug Nov Feb May Year
’26 (6) — — — —
’26 (2) (2) (5) (3) (13)
’25 (1) (2) (2) (2) (7)
’24 — — 0 0 (3)
’23 0 0 — — (2)
’23 — — (1) 0 (1)
’22 0 0 — — 0
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Aug ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — — — — — 2 2 16 +182.8%
Gross margin, % — — — — — — — — — — — —
EBT — — — — — 0 10 (6) 4 (24) (19) +624.7%
EBT margin, % — — — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — — — — — 0 9 (6) 4 (24) (19) +624.7%
Per share, $
Per share, $ Revenue — — — — — 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — — — — 0.00 1.75 (0.55) 0.14 (0.56) (0.41) +269.6%
Cash flow — — — — — 0.00 (0.43) (0.22) (0.26) (0.28) (0.23) +198.5%
Capex — — — — — 0.00 0.00 (0.01) 0.00 (0.02) (0.02) n/m
Free cash flow — — — — — 0.00 (0.43) (0.24) (0.27) (0.29) (0.25) +202.8%
Book value — — — — — 0.01 (1.39) (1.20) 0.07 1.20 0.74 +280.7%
Shares, m — — — — — 3 5 11 26 43 49 +97.1%
Valuation, ×
Valuation, × P/E — — — — — — — — — — 0 —
P/S — — — — — — — — — — 0 —
P/B — — — — — — — — — — 0 —
EV/Sales — — — — — — — — — — 0 —
EV/FCF — — — — — — — — — — 0 —
Cash, $m
Cash, $m Operating cash flow — — — — — 0 (2) (2) (7) (12) (15) +486.6%
Capex — — — — — 0 — 0 0 (1) (1) n/m
Free cash flow — — — — — 0 (2) (3) (7) (13) (16) +495.0%
Balance, $m
Balance, $m Working capital — — — — — 0 (1) 2 5 57 51 n/m
Net debt — — — — — 0 0 (1) (5) (57) (50) +403.5%
Shareholders’ equity — — — — — 0 (7) (13) 2 52 48 +650.0%
Returns, %
Returns, % ROA — — — — — (3.79) 14.08 (9.31) 78.21 (71.79) (57.33) (68.0) pt
ROIC — — — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE — — — — — 0.00 (218.39) 59.32 (48.59) (108.25) (80.54) (108.2) pt
People
People Employees — — — — — 3 12 16 30 58 — +109.7%
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fundamentals updated 2 Nov 2026

New Horizon Aircraft Ltd. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CODA Coda Octopus Group Inc. $90.7M 18.5× 19.2× +9.24% (above 0%: growing) +9.09% (above 0%: growing) −24.37% (below 0%: shrinking) 65.44% 19.87% Compare
BYRN Byrna Technologies Inc. $87.5M — (loss-making) — (loss-making) −45.72% (below 0%: shrinking) n/m +87.91% (above 0%: growing) 79.46% (19.16%) Compare
MRLN Merlin Inc $78.3M — (loss-making) — — n/m −119.70% (below 0%: shrinking) (5.42%) (1,528.58%) Compare
HOVR New Horizon Aircraft Ltd. $75.9M — (loss-making) — — n/m −208.15% (below 0%: shrinking) — 0.00%
EVTL Vertical Aerospace Ltd. $66.7M 0.9× — — n/m −586.27% (below 0%: shrinking) 0.00% 0.00% Compare
CVU CPI Aerostructures, Inc. $59.1M 15.3× 5.8× +15.83% (above 0%: growing) n/m +98.60% (above 0%: growing) 22.02% 6.80% Compare
OPXS Optex Systems Holdings Inc. $56.2M 15.0× 13.8× −12.43% (below 0%: shrinking) −18.18% (below 0%: shrinking) +53.00% (above 0%: growing) 34.18% 14.30% Compare
SPAI Safe Pro Group Inc. $56.2M — (loss-making) — (loss-making) +1,335.45% (above 0%: growing) n/m −159.09% (below 0%: shrinking) 64.02% (245.60%) Compare
PEW GrabAGun Digital Holdings Inc. $55.2M — (loss-making) — +9.37% (above 0%: growing) n/m −650.00% (below 0%: shrinking) 13.46% (11.08%) Compare
Median of peers $62.9M 15.2× 13.8× +9.31% — −72.03% 28.10% (5.54%)

All 94 Aerospace & Defense stocks →

Pay and ownership Proxy statement filed 27 October 2025

Ownership

Directors and executive officers, together 10.80%
Canso Investment Counsel Ltd. 30.70%
Dustin Shindo 7.20%
William George Brumder II 6.30%
Brandon Robinson 5.50%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

New Horizon Aircraft Ltd. (HOVR) Latest News

12 Oct

stockrow.com/HOVR · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com