HITI High Tide Inc.

  1. Stocks
  2. Healthcare
  3. NASDAQ: HITI

Price (delayed)

$2.72

Market cap

$241.8M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-0.42 CAD

Enterprise value

$296.3M

Sign up for free to view scoring metrics ?
Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 17

High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the most profitable Canadian retailer of recreational cannabis as measured by ...

Highlights
The gross profit rose by 28% year-on-year and by 7% since the previous quarter
The revenue has increased by 27% year-on-year and by 7% since the previous quarter
HITI's debt is up by 13% since the previous quarter and by 12% year-on-year
Sector: Healthcare
Industry: Pharmaceutical Retailers

Key stats

What are the main financial stats of HITI

HITI stock price

How has the High Tide stock price performed over time
Intraday
-1.45%
1 week
1.12%
1 month
11.02%
1 year
-24.44%
YTD
2.64%
QTD
19.3%

Financial performance

How have High Tide's revenue and profit performed over time
Revenue
720.47M CAD
Gross profit
188.07M CAD
Operating income
5.38M CAD
Net income
-33.34M CAD
Gross margin
26.1%
Net margin
-4.6%
HITI's net margin has dropped by 171% year-on-year but it is up by 30% since the previous quarter
HITI's operating margin has dropped by 50% year-on-year
High Tide's operating income has decreased by 34% YoY
The gross profit rose by 28% year-on-year and by 7% since the previous quarter

Price vs fundamentals

How does HITI's price correlate with its fundamentals

Growth

What is High Tide's growth rate over time

Valuation

What is High Tide stock price valuation
P/E
N/A
P/B
3.18
P/S
0.46
EV/EBIT
N/A
EV/EBITDA
18.66
EV/Sales
0.58
The EPS has grown by 22% from the previous quarter
HITI's price to book (P/B) is 62% higher than its 5-year quarterly average of 2.0
High Tide's equity has increased by 20% YoY and by 19% from the previous quarter
The revenue has increased by 27% year-on-year and by 7% since the previous quarter
HITI's price to sales (P/S) is 22% lower than its 5-year quarterly average of 0.6 and 6% lower than its last 4 quarters average of 0.5

Efficiency

How efficient is High Tide business performance
The ROIC has plunged by 149% YoY but it has soared by 75% from the previous quarter
The ROS has plunged by 147% YoY but it has soared by 75% from the previous quarter
HITI's ROE is up by 28% from the previous quarter
High Tide's return on assets has increased by 25% QoQ

Dividends

What is HITI's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for HITI.

Financial health

How did High Tide financials performed over time
The total assets is 48% greater than the total liabilities
HITI's quick ratio is up by 20% since the previous quarter and by 9% year-on-year
The current ratio is up by 9% year-on-year and by 2.7% since the previous quarter
HITI's debt is 17% greater than its equity
High Tide's equity has increased by 20% YoY and by 19% from the previous quarter
HITI's debt is up by 13% since the previous quarter and by 12% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.