New Horizon Aircraft Ltd (HOVR) — Titan Protect Analysis

HOVR

New Horizon Aircraft Ltd

Industrials · ·

$2.26

Data: 2026-06-03

✗ ETHICAL FAIL

NONE MOAT

LIMITED

Data Confidence: 0.0%

Key Metrics

How this company measures up on the fundamentals that matter

Market Cap

$134M

Total market value of the company

Trailing P/E

N/A

Forward P/E

-2.13

Based on estimated future earnings — lower means cheaper

Rev Growth

N/A

Year-over-year revenue change

Profit Margin

N/A

How much profit the company keeps from each dollar of revenue

ROE

-313.0%

Return on equity — how efficiently it uses shareholder money

Analyst Target

$5.01

+122% from current price — median analyst estimate

Recommendation

STRONG_BUY

Consensus view from 4 analysts covering this stock

About New Horizon Aircraft Ltd

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the 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.

https://www.horizonaircraft.com

Country: Canada Employees: 30 Industry: Aerospace & Defense

Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity

FAIL

Core business does not involve prohibited activities

Debt Ratio

0.0% PENDING

Debt must be below 33% of total assets

Cash Ratio

0.0% PENDING

Interest-bearing cash below 33% of assets

Receivables

0.0% PENDING

Receivables below 49% of assets

Revenue Purity

0.0% PENDING

Non-compliant revenue below 5% — any excess requires purification

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

Regime

MARKUP

Price trending up with increasing momentum

Sharpe Ratio

1.115

Excellent risk-adjusted returns

Kelly Fraction

0.0613

Suggested allocation is meaningful — the edge justifies a position

Calmar Ratio

1.125

Returns exceed worst-case losses — strong risk profile

Annual Return

84.1%

Historical annualised return based on price data

Max Drawdown

-74.8%

Largest peak-to-trough decline — the worst it has been

HMM State

CRISIS

Elevated risk detected — extreme caution warranted

Days in State

How long the current regime has persisted — longer means more stable

Market Data

Trading characteristics and market positioning

Beta

3.62

Significantly more volatile than the market

52W High

$4.18

46% below the year high

52W Low

$0.85

166% above the year low

Avg Volume

1,976,579

Average daily shares traded — higher means easier to buy and sell

Short Ratio

1.5

Days it would take all short sellers to cover — higher means more crowded

Short % Float

N/A

Div Yield

N/A

Annual dividend as a percentage of the share price

EPS (TTM)

$-0.67

Earnings per share over the last 12 months

Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

Debt/Equity

0.10

Conservative use of debt — low financial risk

Current Ratio

N/A

Quick Ratio

N/A

Like current ratio but excludes inventory — stricter test

Gross Margin

N/A

Revenue left after cost of goods — higher means pricing power

Operating Margin

N/A

Profit from core operations before interest and tax

Free Cash Flow

$-6,980,125

Negative — the business is spending more than it generates

Revenue (TTM)

N/A

Total revenue over the last 12 months

Net Income

$-33,063,000

Loss-making — spending exceeds revenue after all costs

Analyst Coverage

Analysts

Target High

$17.82

Target Median

$5.01

Target Low

$3.22

Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-06-03

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