HOVR Relative Valuation
HOVR's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, HOVR is overvalued; if below, it's undervalued.
Historical Valuation
New Horizon Aircraft Ltd (HOVR) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of -5.16. The fair price of New Horizon Aircraft Ltd (HOVR) is between -- to -- according to relative valuation methord.
Relative Value
Fair Zone
-----
Current Price：2.13
Fair
-3.80
PE
1Y
3Y
5Y
-3.70
EV/EBITDA
New Horizon Aircraft Ltd. (HOVR) has a current EV/EBITDA of -3.70. The 5-year average EV/EBITDA is -2.32. The thresholds are as follows: Strongly Undervalued below -8.58, Undervalued between -8.58 and -5.45, Fairly Valued between 0.81 and -5.45, Overvalued between 0.81 and 3.95, and Strongly Overvalued above 3.95. The current Forward EV/EBITDA of -3.70 falls within the Historic Trend Line -Fairly Valued range.
-3.35
EV/EBIT
New Horizon Aircraft Ltd. (HOVR) has a current EV/EBIT of -3.35. The 5-year average EV/EBIT is -1.81. The thresholds are as follows: Strongly Undervalued below -5.67, Undervalued between -5.67 and -3.74, Fairly Valued between 0.12 and -3.74, Overvalued between 0.12 and 2.05, and Strongly Overvalued above 2.05. The current Forward EV/EBIT of -3.35 falls within the Historic Trend Line -Fairly Valued range.
0.00
PS
New Horizon Aircraft Ltd. (HOVR) has a current PS of 0.00. The 5-year average PS is 7.49. The thresholds are as follows: Strongly Undervalued below -21.77, Undervalued between -21.77 and -7.14, Fairly Valued between 22.12 and -7.14, Overvalued between 22.12 and 36.74, and Strongly Overvalued above 36.74. The current Forward PS of 0.00 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/OCF
New Horizon Aircraft Ltd. (HOVR) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/OCF of 0.00 falls within the Strongly Undervalued range.
0.00
P/FCF
New Horizon Aircraft Ltd. (HOVR) has a current P/FCF of 0.00. The 5-year average P/FCF is -0.82. The thresholds are as follows: Strongly Undervalued below -3.27, Undervalued between -3.27 and -2.05, Fairly Valued between 0.41 and -2.05, Overvalued between 0.41 and 1.63, and Strongly Overvalued above 1.63. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.
New Horizon Aircraft Ltd (HOVR) has a current Price-to-Book (P/B) ratio of 19.52. Compared to its 3-year average P/B ratio of -23.34 , the current P/B ratio is approximately -183.64% higher. Relative to its 5-year average P/B ratio of -23.34, the current P/B ratio is about -183.64% higher. New Horizon Aircraft Ltd (HOVR) has a Forward Free Cash Flow (FCF) yield of approximately -10.80%. Compared to its 3-year average FCF yield of -13.50%, the current FCF yield is approximately -20.01% lower. Relative to its 5-year average FCF yield of -13.50% , the current FCF yield is about -20.01% lower.
19.52
P/B
Median3y
-23.34
Median5y
-23.34
-10.80
FCF Yield
Median3y
-13.50
Median5y
-13.50
Competitors Valuation Multiple
The average P/S ratio for HOVR's competitors is 5.06, providing a benchmark for relative valuation. New Horizon Aircraft Ltd Corp (HOVR) exhibits a P/S ratio of 0.00, which is -100% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of HOVR increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of HOVR in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is New Horizon Aircraft Ltd (HOVR) currently overvalued or undervalued?
New Horizon Aircraft Ltd (HOVR) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of -5.16. The fair price of New Horizon Aircraft Ltd (HOVR) is between to according to relative valuation methord.
What is New Horizon Aircraft Ltd (HOVR) fair value?
HOVR's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of New Horizon Aircraft Ltd (HOVR) is between to according to relative valuation methord.
How does HOVR's valuation metrics compare to the industry average?
The average P/S ratio for HOVR's competitors is 5.06, providing a benchmark for relative valuation. New Horizon Aircraft Ltd Corp (HOVR) exhibits a P/S ratio of 0.00, which is -100.00% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
What is the current P/B ratio for New Horizon Aircraft Ltd (HOVR) as of Jan 08 2026?
As of Jan 08 2026, New Horizon Aircraft Ltd (HOVR) has a P/B ratio of 19.52. This indicates that the market values HOVR at 19.52 times its book value.
What is the current FCF Yield for New Horizon Aircraft Ltd (HOVR) as of Jan 08 2026?
As of Jan 08 2026, New Horizon Aircraft Ltd (HOVR) has a FCF Yield of -10.80%. This means that for every dollar of New Horizon Aircraft Ltd’s market capitalization, the company generates -10.80 cents in free cash flow.
What is the current Forward P/E ratio for New Horizon Aircraft Ltd (HOVR) as of Jan 08 2026?
As of Jan 08 2026, New Horizon Aircraft Ltd (HOVR) has a Forward P/E ratio of -3.80. This means the market is willing to pay $-3.80 for every dollar of New Horizon Aircraft Ltd’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for New Horizon Aircraft Ltd (HOVR) as of Jan 08 2026?
As of Jan 08 2026, New Horizon Aircraft Ltd (HOVR) has a Forward P/S ratio of 0.00. This means the market is valuing HOVR at $0.00 for every dollar of expected revenue over the next 12 months.