High Tide Inc. (TSXV:HITI)

High Tide Statistics

Total Valuation

High Tide has a market cap or net worth of CAD 267.03 million. The enterprise value is 344.10 million.

Market Cap	267.03M
Enterprise Value	344.10M

Important Dates

The last earnings date was Thursday, January 29, 2026.

Earnings Date	Jan 29, 2026
Ex-Dividend Date	n/a

Share Statistics

High Tide has 87.84 million shares outstanding. The number of shares has increased by 3.30% in one year.

Current Share Class	87.84M
Shares Outstanding	87.84M
Shares Change (YoY)	+3.30%
Shares Change (QoQ)	-3.38%
Owned by Insiders (%)	8.71%
Owned by Institutions (%)	12.57%
Float	75.97M

Valuation Ratios

PE Ratio	n/a
Forward PE	38.00
PS Ratio	0.45
PB Ratio	2.60
P/TBV Ratio	n/a
P/FCF Ratio	19.38
P/OCF Ratio	11.19
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.15, with an EV/FCF ratio of 24.97.

EV / Earnings	-6.78
EV / Sales	0.58
EV / EBITDA	9.15
EV / EBIT	22.29
EV / FCF	24.97

Financial Position

The company has a current ratio of 1.37, with a Debt / Equity ratio of 1.07.

Current Ratio	1.37
Quick Ratio	0.54
Debt / Equity	1.07
Debt / EBITDA	2.92
Debt / FCF	7.97
Interest Coverage	1.15

Financial Efficiency

Return on equity (ROE) is -41.40% and return on invested capital (ROIC) is 9.51%.

Return on Equity (ROE)	-41.40%
Return on Assets (ROA)	3.24%
Return on Invested Capital (ROIC)	9.51%
Return on Capital Employed (ROCE)	6.20%
Weighted Average Cost of Capital (WACC)	9.56%
Revenue Per Employee	339,421
Profits Per Employee	-28,998
Employee Count	1,750
Asset Turnover	2.00
Inventory Turnover	9.11

Taxes

Income Tax	-25,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -28.47% in the last 52 weeks. The beta is 0.96, so High Tide's price volatility has been similar to the market average.

Beta (5Y)	0.96
52-Week Price Change	-28.47%
50-Day Moving Average	3.65
200-Day Moving Average	3.78
Relative Strength Index (RSI)	24.33
Average Volume (20 Days)	79,271

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, High Tide had revenue of CAD 593.99 million and -50.75 million in losses. Loss per share was -0.62.

Revenue	593.99M
Gross Profit	153.53M
Operating Income	15.44M
Pretax Income	-51.43M
Net Income	-50.75M
EBITDA	27.55M
EBIT	15.44M
Loss Per Share	-0.62

Balance Sheet

The company has 47.95 million in cash and 109.84 million in debt, with a net cash position of -61.89 million or -0.70 per share.

Cash & Cash Equivalents	47.95M
Total Debt	109.84M
Net Cash	-61.89M
Net Cash Per Share	-0.70
Equity (Book Value)	102.79M
Book Value Per Share	1.00
Working Capital	36.97M

Cash Flow

In the last 12 months, operating cash flow was 23.87 million and capital expenditures -10.08 million, giving a free cash flow of 13.78 million.

Operating Cash Flow	23.87M
Capital Expenditures	-10.08M
Free Cash Flow	13.78M
FCF Per Share	0.16

Margins

Gross margin is 25.85%, with operating and profit margins of 2.60% and -8.54%.

Gross Margin	25.85%
Operating Margin	2.60%
Pretax Margin	-8.66%
Profit Margin	-8.54%
EBITDA Margin	4.64%
EBIT Margin	2.60%
FCF Margin	2.32%

Dividends & Yields

High Tide does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-3.30%
Shareholder Yield	-3.30%
Earnings Yield	-19.00%
FCF Yield	5.16%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on May 13, 2021. It was a reverse split with a ratio of 0.0666667.

Last Split Date	May 13, 2021
Split Type	Reverse
Split Ratio	0.0666667

Scores

High Tide has an Altman Z-Score of 1.7 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.7
Piotroski F-Score	3