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Upturn AI SWOT - About
New Horizon Aircraft Ltd (HOVR)
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Upturn Advisory Summary
03/27/2025: HOVR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -57.91% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 15.92M USD | Price to earnings Ratio - | 1Y Target Price 2 |
Price to earnings Ratio - | 1Y Target Price 2 | ||
Volume (30-day avg) 258280 | Beta - | 52 Weeks Range 0.24 - 2.60 | Updated Date 03/29/2025 |
52 Weeks Range 0.24 - 2.60 | Updated Date 03/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.53 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -123.83% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 15328418 | Price to Sales(TTM) - |
Enterprise Value 15328418 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 31230900 | Shares Floating 20916905 |
Shares Outstanding 31230900 | Shares Floating 20916905 | ||
Percent Insiders 39.71 | Percent Institutions 0.84 |
Analyst Ratings
Rating 5 | Target Price 2 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
New Horizon Aircraft Ltd
Company Overview
History and Background
New Horizon Aircraft Ltd specializes in the design and production of innovative vertical take-off and landing (VTOL) aircraft. Founded in 2016, the company's primary goal is to revolutionize regional air mobility.
Core Business Areas
- VTOL Aircraft Design and Manufacturing: Focuses on developing and manufacturing advanced VTOL aircraft for commercial and government use. This includes research and development, prototyping, and full-scale production.
- Maintenance and Support Services: Provides maintenance, repair, and overhaul (MRO) services for its aircraft, along with technical support and training for operators.
- Software and Avionics: Develops and integrates proprietary software and avionics systems that enable autonomous flight capabilities.
Leadership and Structure
The company is led by CEO Rob Ceravolo, who has a background in aerospace engineering. Organizational structure is typical for a tech-driven manufacturing company with departments focused on engineering, manufacturing, sales, and support.
Top Products and Market Share
Key Offerings
- Celerity VTOL Aircraft: The Celerity is New Horizon's flagship product, designed for passenger transport and cargo delivery. Designed to fill the market in short distance commutes, with hybrid power source allowing it to fly further than its competitors. The Celerity is the main revenue driver for the company as of now. Competitors include Joby Aviation and Archer Aviation. Market share is not specifically published but estimated to be around 25% of the VTOL pre-order market.
Market Dynamics
Industry Overview
The VTOL aircraft market is rapidly evolving, driven by advancements in electric propulsion and autonomy. Urban Air Mobility (UAM) and regional connectivity are key growth areas. There is also a strong push for governmental regulations to catch up with the speed of the technology.
Positioning
New Horizon Aircraft Ltd is positioned as an innovator in the VTOL space, with a focus on fuel efficient solutions. They aim to have their aircrafts used for a variety of purposes and for long distance flights. Their competitive advantage lies in their hybrid power approach allowing long distance travel.
Total Addressable Market (TAM)
The expected total addressable market (TAM) for the VTOL market is estimated to reach $1 trillion by 2040. New Horizon is positioned to capture a significant portion of this TAM through its focus on hybrid power and regional connectivity.
Upturn SWOT Analysis
Strengths
- Innovative hybrid VTOL technology
- Experienced leadership team
- Strong focus on fuel efficiency
- Potential to capture a significant market share in VTOL sector
Weaknesses
- Reliance on further funding
- Currently have very little market share compared to the other aircrafts
- Unproven track record of actual deliveries
- Limited brand recognition compared to established aerospace companies
Opportunities
- Growing demand for urban air mobility
- Increasing government support for VTOL technology
- Potential for partnerships with airlines and logistics companies
- Expansion into new markets, such as cargo delivery and emergency services
Threats
- Intense competition from established aerospace companies and startups
- Regulatory hurdles and certification requirements
- High development costs and technical challenges
- Economic downturns affecting air travel demand
Competitors and Market Share
Key Competitors
- Joby Aviation (JOBY)
- Archer Aviation (ACHR)
- Vertical Aerospace (EVTL)
Competitive Landscape
New Horizon Aircraft Ltd faces competition from established aerospace companies and startups. Their hybrid approach differentiates them.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth has been characterized by increasing research and development activity.
Future Projections: Analyst estimates project significant revenue growth in the next 5 years as production scales up.
Recent Initiatives: Recent initiatives include securing partnerships with suppliers, obtaining regulatory approvals, and expanding production facilities.
Summary
New Horizon Aircraft Ltd shows promise with its hybrid VTOL technology, addressing the need for fuel efficiency and longer flight distances. However, the company faces significant challenges with the other competitors and the heavy regulatory environment. Successful scaling and delivery of its Celerity aircraft will be crucial for achieving its growth projections. Securing additional funding is also important.
Similar Companies
- JOBY
- ACHR
- EVTL
- HON
- BA
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About New Horizon Aircraft Ltd
Exchange NASDAQ | Headquaters Lindsay, ON, Canada | ||
IPO Launch date 2024-01-16 | Co-founder, Chairman & CEO Mr. E. Brandon Robinson | ||
Sector Industrials | Industry Aerospace & Defense | Full time employees 20 | Website https://www.horizonaircraft.com |
Full time employees 20 | Website https://www.horizonaircraft.com | ||
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd. was founded in 2013 and is headquartered in Lindsay, Canada.
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