NASDAQ
HOVR
Last Price
US $1.97
Valuation
Financial
Performance
Financial risk - Cash flow debt coverage.
New Horizon Aircraft Ltd cash flow to debt ratio of -12.85K% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.
Financial risk - Healthy cash flow growth.
New Horizon Aircraft Ltd's free cash flow has decreased 268.86% from $-3.52M last year to $-12.97M, signaling decreasing performance
Financial stability - Healthy debt to equity ratio.
New Horizon Aircraft Ltd's debt to equity ratio is 0.00, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial stability - Healthy debt to equity ratio development.
New Horizon Aircraft Ltd's debt has decreased relative to shareholder equity from 0.01 last year to 0.00 today, signaling strengthened financials
Financial risk - Net debt/EBITDA.
New Horizon Aircraft Ltd has negative EBITDA, making leverage ratio unreliable
Financial stability - ICR.
New Horizon Aircraft Ltd earns at least as much interest as it pays. Interest obligations are fully covered.
Financial risk - Profit margin growth.
New Horizon Aircraft Ltd has insufficient data to evaluate this check.
Financial stability - Short term assets vs short term liabilities.
New Horizon Aircraft Ltd's short-term assets of $114.42M exceed its short-term liabilities of $5.03M
Decreasing performance - ROA.
New Horizon Aircraft Ltd's return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization
Decreasing performance - Absolute return on equity.
New Horizon Aircraft Ltd's return on equity of -90.30%, is lower than 15.00%, indicating bad performance
Decreasing performance - Earnings quality.
New Horizon Aircraft Ltd's operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation
Decreasing performance - Earnings stability.
New Horizon Aircraft Ltd had positive net income in only 1.00 out of 5 years, indicating unstable earnings
Decreasing performance - Free cash flow.
New Horizon Aircraft Ltd has negative free cash flow, indicating the company is burning cash rather than generating it
Decreasing performance - FCF yield.
New Horizon Aircraft Ltd has negative free cash flow, indicating cash burn
Decreasing performance - Healthy earnings growth.
New Horizon Aircraft Ltd's yearly earnings has decreased -979.05% since last year from $5.20M to $-45.71M, signaling decreasing performance
Increasing performance - Healthy revenue growth.
New Horizon Aircraft Ltd's yearly revenue has increased 0.00% since last year from $0.00 to $0.00, signaling increasing performance
Decreasing performance - ROIC.
ROIC -21.22% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.
Decreasing performance - 3-year revenue CAGR.
New Horizon Aircraft Ltd has insufficient revenue history to calculate 3-year revenue CAGR.
Increasing performance - Revenue consistency.
New Horizon Aircraft Ltd had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance
Decreasing performance - ROE consistency.
New Horizon Aircraft Ltd had positive ROE in only 1.00 out of 5 years, indicating inconsistent returns on equity
Overvalued - DCF valuation.
New Horizon Aircraft Ltd has insufficient data to evaluate this check.
Overvalued - Earnings yield.
New Horizon Aircraft Ltd has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Overvalued - EBITDA valuation.
New Horizon Aircraft Ltd is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model
Overvalued - EV/EBITDA.
New Horizon Aircraft Ltd has negative or missing EBITDA, making EV/EBITDA ratio unreliable
Overvalued - PEG ratio value.
New Horizon Aircraft Ltd has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails
Undervalued - P/B ratio.
New Horizon Aircraft Ltd has a price-to-book ratio of 0.86x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Overvalued - P/S ratio.
New Horizon Aircraft Ltd has a price-to-sales ratio of 999.00x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue
Profit margin
Current Ratio
Capital Returns
-72.33%
Return on equity
ROIC: -139.72%
Valuation History
6.2X
Price to Earnings
EV/EBITDA: 4.2X
Cash flow
Profit margin
-
(FY vs FY)
Cash flow Y/Y
-
(FY vs FY)
Fair Value
Market $1.97
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