Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
New Horizon AircraftHOVR +0.51%14 EV-to-EBITDA is -4.84 as of Aug. 13, 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 267 Aerospace & Defense companies, New Horizon Aircraft ranks worse than 374531.46% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, New Horizon Aircraft's enterprise value is $81.36 Mil.
New Horizon Aircraft's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was $-16.81 Mil. Therefore, New Horizon Aircraft's EV-to-EBITDA for today is -4.84.
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: -4.96 Med: 0 Max: 0
Current: -4.84
HOVR's EV-to-EBITDA is ranked worse than 100% of 267
companies
in the Aerospace & Defense industry
Industry Median: 23.35
vs HOVR: -4.84
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.
New Horizon Aircraft (NAS:HOVR) EV-to-EBITDA Explanation
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 (TTM) to determine the fair market value of a company.
New Horizon Aircraft's PE Ratio (TTM) for today is calculated as:
New Horizon Aircraft's share price for today is $1.985.
New Horizon Aircraft's Earnings per Share (Diluted) 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 $-0.571.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
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.
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 EV-to-EBITDA vs 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's current Enterprise Value is $81.36 Mil.
New Horizon Aircraft's EBITDA 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 $-16.81 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-EBITDA of -4.84 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on New Horizon Aircraft. According to the industry distribution chart, New Horizon Aircraft ranks #999999 out of 267 companies in the Aerospace & Defense industry.
Is New Horizon Aircraft's EV-to-EBITDA too high?
New Horizon Aircraft's current EV-to-EBITDA is -4.84. Based on the distribution chart, New Horizon Aircraft ranks #999999 out of 267 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's EV-to-EBITDA compare to CODA and HWKE?
According to the Aerospace & Defense industry distribution chart, New Horizon Aircraft ranks #999999 out of 267 companies for EV-to-EBITDA. This places New Horizon Aircraft in the lower half of its industry. The industry median EV-to-EBITDA is 23.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Aerospace & Defense company?
The median EV-to-EBITDA among Aerospace & Defense companies is 23.35, based on 267 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on New Horizon Aircraft. For the Aerospace & Defense industry, the median EV-to-EBITDA is 23.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Horizon Aircraft's current EV-to-EBITDA is -4.84. 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-EBITDA of -4.84. The current EV-to-EBITDA is -4.84. New Horizon Aircraft's overall GF Score™ is 14/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current EV-to-EBITDA is -4.84 as of Aug. 13, 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.
14GF Score
Get the complete analysis for HOVR
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HOVR has been successfully added to your 
