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New Horizon AircraftHOVR -0.49%15 EV-to-EBIT is -4.94 as of Aug. 12, 2026. GuruFocus rates HOVR with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 255 Aerospace & Defense companies, New Horizon Aircraft ranks worse than 392156.47% on this metric.
New Horizon Aircraft (NAS:HOVR) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
New Horizon Aircraft's Enterprise Value for the quarter that ended in May. 2026 was $128.22 Mil.
New Horizon Aircraft's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.02 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
New Horizon Aircraft EV-to-EBIT Related Terms
New Horizon Aircraft EV-to-EBIT Historical Data
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The historical data trend for New Horizon Aircraft's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Aerospace & Defense subindustry, New Horizon Aircraft's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New Horizon Aircraft EV-to-EBIT vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where New Horizon Aircraft's EV-to-EBIT falls into.
New Horizon Aircraft's current Enterprise Value is $84.13 Mil.
New Horizon Aircraft's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.02 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
New Horizon Aircraft (HOVR) has a EV-to-EBIT of -4.94 as of Aug. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on New Horizon Aircraft and its competitors. According to the industry distribution chart, New Horizon Aircraft ranks #999999 out of 255 companies in the Aerospace & Defense industry.
Is New Horizon Aircraft's EV-to-EBIT too high?
New Horizon Aircraft's current EV-to-EBIT is -4.94. Based on the distribution chart, New Horizon Aircraft ranks #999999 out of 255 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, New Horizon Aircraft has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's EV-to-EBIT compare to CODA and HWKE?
According to the Aerospace & Defense industry distribution chart, New Horizon Aircraft ranks #999999 out of 255 companies for EV-to-EBIT. This places New Horizon Aircraft in the lower half of its industry. The industry median EV-to-EBIT is 29.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Aerospace & Defense company?
The median EV-to-EBIT among Aerospace & Defense companies is 29.35, based on 255 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on New Horizon Aircraft and its competitors. For the Aerospace & Defense industry, the median EV-to-EBIT is 29.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Horizon Aircraft's current EV-to-EBIT is -4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current EV-to-EBIT of -4.94. The current EV-to-EBIT is -4.94. New Horizon Aircraft's overall GF Score™ is 15/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current EV-to-EBIT is -4.94 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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