New Horizon AircraftHOVR +1.60%14 Market Cap is $118.89 Mil as of Jun. 28, 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 361 Aerospace & Defense companies, New Horizon Aircraft ranks worse than 75.9% on this metric.
New Horizon Aircraft's quarterly market cap
increased
from Aug. 2025 ($69.23 Mil) to Nov. 2025 ($72.48 Mil) and
increased
from Nov. 2025 ($72.48 Mil) to Feb. 2026 ($87.22 Mil).
New Horizon Aircraft's annual market cap
increased
from May. 2023 ($0.00 Mil) to May. 2024 ($14.79 Mil) and
increased
from May. 2024 ($14.79 Mil) to May. 2025 ($34.27 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. New Horizon Aircraft's Enterprise Value for Today is $109.49 Mil.
New Horizon Aircraft (NAS:HOVR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
New Horizon Aircraft Market Cap Related Terms
New Horizon Aircraft Market Cap Historical Data
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The historical data trend for New Horizon Aircraft's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's Market Cap distribution charts can be found below:
* The bar in red indicates where New Horizon Aircraft's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
New Horizon Aircraft's Market Cap for the fiscal year that ended in May. 2025 is calculated as
* 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 Market Cap of $118.89 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Horizon Aircraft and its competitors. According to the industry distribution chart, New Horizon Aircraft ranks #274 out of 361 companies in the Aerospace & Defense industry, placing it in the top 75.9%.
Is New Horizon Aircraft's Market Cap too high?
New Horizon Aircraft's current Market Cap is $118.89 Mil. The Aerospace & Defense industry median Market Cap is 805.78. New Horizon Aircraft's value of $118.89 Mil is 85.2% below this industry median. Based on the distribution chart, New Horizon Aircraft ranks #274 out of 361 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 Market Cap compare to VWAV and MNTS?
According to the Aerospace & Defense industry distribution chart, New Horizon Aircraft ranks #274 out of 361 companies for Market Cap. This places New Horizon Aircraft in the lower half of its industry. The industry median Market Cap is 805.78. New Horizon Aircraft's value of $118.89 Mil is 85.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Aerospace & Defense company?
The median Market Cap among Aerospace & Defense companies is 805.78, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Horizon Aircraft's current Market Cap of $118.89 Mil is 85.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Horizon Aircraft and its competitors. For the Aerospace & Defense industry, the median Market Cap is 805.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Horizon Aircraft's current Market Cap is $118.89 Mil. 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 Market Cap of $118.89 Mil. The current Market Cap is $118.89 Mil and 85.2% below the Aerospace & Defense industry median of 805.78. New Horizon Aircraft's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Market Cap is $118.89 Mil as of Jun. 28, 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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