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New Horizon Aircraft Ltd
NASDAQ:HOVR

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New Horizon Aircraft Ltd
NASDAQ:HOVR
Watchlist
Price: 2.42 USD 7.08% Market Closed
Market Cap: $107.1m

EV/IC

0.9
Current
47%
More Expensive
vs 3-y average of 0.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.9
=
Enterprise Value
$83.8m
/
Invested Capital
$121.4m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.9
=
Enterprise Value
$83.8m
/
Invested Capital
$121.4m

Valuation Scenarios

New Horizon Aircraft Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.6), the stock would be worth $1.65 (32% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-32%
Maximum Upside
+590%
Average Upside
154%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.9 $2.42
0%
3-Year Average 0.6 $1.65
-32%
5-Year Average 0.6 $1.65
-32%
Industry Average 6.1 $16.71
+590%
Country Average 1.7 $4.59
+90%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
CA
N
New Horizon Aircraft Ltd
NASDAQ:HOVR
Average P/E: 7 098.7
12
N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
19%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
10.4
1%
10.4
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 368.9
N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
47%
N/A
US
Coupang Inc
F:788
173.5
96%
1.8
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 256.9 N/A N/A
ZA
V
Vukile Property Fund Ltd
JSE:VKE
6.9
-5%
N/A

Market Distribution

Lower than 75% of companies in Canada
Percentile
25th
Based on 3 166 companies
25th percentile
0.9
Low
0 — 1
Typical Range
1 — 3.7
High
3.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1
Median 1.7
70th Percentile 3.7
Max 95 179.6

New Horizon Aircraft Ltd
Glance View

Market Cap
107.1m USD
Industry
N/A

New Horizon Aircraft Ltd is a CA-based company operating in industry. The company is headquartered in Honolulu, Hawaii. Pono Capital Three, Inc. is a blank check company. The firm is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The firm intend to focus its search for a target business in industries, such as enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, AI companies, consumer healthcare and wellness, biomedical technology, entertainment/gaming companies, distance learning, online retail and e-sports companies. The company has not commenced its business operations and has not generated any revenues.

HOVR Intrinsic Value
Not Available
N
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