Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
New Horizon Aircraft Ltd. is an aerospace company developing hybrid-electric vertical takeoff and landing aircraft for regional transportation. The company's primary product is the Cavorite X7, a six-passenger aircraft featuring a patented HOVR wing design that combines electric fans for vertical takeoff and landing capabilities with a turboprop engine for conventional forward flight. This hybrid power system enables extended range and speed performance compared to traditional electric aircraft while reducing fuel consumption. The Cavorite X7 accommodates one pilot and up to six passengers with substantial cargo capacity, making it suitable for regional air mobility applications. The aircraft incorporates an onboard generator for self-charging capabilities and represents a bridge technology toward fully electric aviation as battery technology advances. Headquartered in Lindsay, Ontario, and publicly traded on the Nasdaq exchange, New Horizon Aircraft focuses on transforming regional transportation through innovative aerospace solutions designed to serve businesses, communities, and environmental sustainability goals.
C$1.88
+C$0.00 (+0.00%)
EOD Jun 25, 2026 · Twelve Data
ROIC dropped from -4.59% to -1016.26%, capital efficiency is deteriorating. Negative free cash flow of -C$9M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$0.00
Net Income (TTM)
-C$33M
▲ +188.1% YoY
Op. Margin
—
ROIC
-1016.26%
▼ -1011.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-C$15M
▼ -271.7% YoY
Op. Cash Flow (TTM)
-C$10M
▲ +409.6% YoY
Net Debt
-C$8M
Net Cash Position
Cash & Equiv.
C$8M
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New Horizon Aircraft (HOVR)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, New Horizon Aircraft scores 10/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
New Horizon Aircraft scores 10 out of 100 on Intrinsiqq's quality score, a weighted blend of 4 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -1,016.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh HOVR's valuation and scores 10/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.