New Horizon Aircraft (New Horizon Aircraft) EV-to-EBITDA : (As of Jun. 03, 2024)

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What is New Horizon Aircraft EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, New Horizon Aircraft's enterprise value is $11.33 Mil. New Horizon Aircraft does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in May. 2023. Therefore, GuruFocus does not calculate New Horizon Aircraft's EV-to-EBITDA at this moment.

The historical rank and industry rank for New Horizon Aircraft's EV-to-EBITDA or its related term are showing as below:

HOVR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -75.09 Med: 0 Max: 0
Current: -14.34

HOVR's EV-to-EBITDA is ranked worse than
100% of 240 companies
in the Aerospace & Defense industry
Industry Median: 19.775 vs HOVR: -14.34

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-06-03), New Horizon Aircraft's stock price is $0.7999. New Horizon Aircraft does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2023. Therefore, GuruFocus does not calculate New Horizon Aircraft's PE Ratio at this moment.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.

New Horizon Aircraft EV-to-EBITDA Historical Data

The historical data trend for New Horizon Aircraft's EV-to-EBITDA 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.

* Premium members only.

New Horizon Aircraft EV-to-EBITDA Chart

New Horizon Aircraft Annual Data

Trend

May22

May23

EV-to-EBITDA

New Horizon Aircraft Semi-Annual Data
	May22	May23
EV-to-EBITDA	-	-

Competitive Comparison of New Horizon Aircraft's EV-to-EBITDA

For the Aerospace & Defense subindustry, New Horizon Aircraft's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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's EV-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where New Horizon Aircraft's EV-to-EBITDA falls into.

New Horizon Aircraft EV-to-EBITDA Calculation

New Horizon Aircraft's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA	=	Enterprise Value (Today)	/	EBITDA (TTM)
	=	11.331	/
	=

New Horizon Aircraft (NAS:HOVR) EV-to-EBITDA Explanation

New Horizon Aircraft's PE Ratio for today is calculated as:

PE Ratio	=	Share Price (Today)	/	Earnings per Share (Diluted) (TTM)
	=	0.7999	/
	=

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?

New Horizon Aircraft EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of New Horizon Aircraft's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

New Horizon Aircraft (New Horizon Aircraft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » EV-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

3187 Highway 35, Lindsay, ON, CAN, K9V 4R1

Website

New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique 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.

New Horizon Aircraft (New Horizon Aircraft) Headlines

From GuruFocus

Horizon Aircraft Provides Corporate Update

By Marketwired • 04-16-2024