High Tide Statistics
Total Valuation
High Tide has a market cap or net worth of $280.39 million. The enterprise value is $303.85 million.
Important Dates
The next estimated earnings date is Monday, January 27, 2025, after market close.
| Earnings Date | Jan 27, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
High Tide has 80.68 million shares outstanding. The number of shares has increased by 7.25% in one year.
| Current Share Class | 80.68M |
| Shares Outstanding | 80.68M |
| Shares Change (YoY) | +7.25% |
| Shares Change (QoQ) | +2.68% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 73.49M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 194.53 |
| PS Ratio | n/a |
| Forward PS | 0.49 |
| PB Ratio | n/a |
| P/TBV Ratio | 8.11 |
| P/FCF Ratio | 14.76 |
| P/OCF Ratio | 10.90 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 14.76, with an EV/FCF ratio of 16.00.
| EV / Earnings | n/a |
| EV / Sales | 0.82 |
| EV / EBITDA | 14.76 |
| EV / EBIT | 33.03 |
| EV / FCF | 16.00 |
Financial Position
The company has a current ratio of 1.26, with a Debt / Equity ratio of 0.45.
| Current Ratio | 1.26 |
| Quick Ratio | 0.64 |
| Debt / Equity | 0.45 |
| Debt / EBITDA | 1.78 |
| Debt / FCF | 2.53 |
| Interest Coverage | 1.11 |
Financial Efficiency
Return on equity (ROE) is -19.88% and return on invested capital (ROIC) is 3.56%.
| Return on Equity (ROE) | -19.88% |
| Return on Assets (ROA) | 3.15% |
| Return on Capital (ROIC) | 3.56% |
| Revenue Per Employee | $238,721 |
| Profits Per Employee | -$14,215 |
| Employee Count | 1,550 |
| Asset Turnover | 2.03 |
| Inventory Turnover | 13.34 |
Taxes
| Income Tax | -3.63M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +116.19% in the last 52 weeks. The beta is 1.00, so High Tide's price volatility has been similar to the market average.
| Beta (5Y) | 1.00 |
| 52-Week Price Change | +116.19% |
| 50-Day Moving Average | 2.62 |
| 200-Day Moving Average | 2.22 |
| Relative Strength Index (RSI) | 74.52 |
| Average Volume (20 Days) | 1,018,098 |
Short Selling Information
The latest short interest is 3.62 million, so 4.49% of the outstanding shares have been sold short.
| Short Interest | 3.62M |
| Short Previous Month | 4.24M |
| Short % of Shares Out | 4.49% |
| Short % of Float | 4.93% |
| Short Ratio (days to cover) | 5.60 |
Income Statement
In the last 12 months, High Tide had revenue of $370.02 million and -$22.03 million in losses. Loss per share was -$0.28.
| Revenue | 370.02M |
| Gross Profit | 101.16M |
| Operating Income | 9.20M |
| Pretax Income | -28.76M |
| Net Income | -22.03M |
| EBITDA | 20.59M |
| EBIT | 9.20M |
| Loss Per Share | -$0.28 |
Full Income StatementBalance Sheet
The company has $26.04 million in cash and $48.09 million in debt, giving a net cash position of -$22.05 million or -$0.27 per share.
| Cash & Cash Equivalents | 26.04M |
| Total Debt | 48.09M |
| Net Cash | -22.05M |
| Net Cash Per Share | -$0.27 |
| Equity (Book Value) | 106.88M |
| Book Value Per Share | 1.31 |
| Working Capital | 11.28M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $25.72 million and capital expenditures -$6.45 million, giving a free cash flow of $18.99 million.
| Operating Cash Flow | 25.72M |
| Capital Expenditures | -6.45M |
| Free Cash Flow | 18.99M |
| FCF Per Share | $0.24 |
Full Cash Flow StatementMargins
Gross margin is 27.34%, with operating and profit margins of 2.49% and -5.95%.
| Gross Margin | 27.34% |
| Operating Margin | 2.49% |
| Pretax Margin | -7.01% |
| Profit Margin | -5.95% |
| EBITDA Margin | 5.56% |
| EBIT Margin | 2.49% |
| FCF Margin | 4.28% |
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 | -7.25% |
| Shareholder Yield | -7.25% |
| Earnings Yield | -7.86% |
| FCF Yield | 6.77% |
Analyst Forecast
The average price target for High Tide is $4.50, which is 26.41% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $4.50 |
| Price Target Difference | 26.41% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | 14.40% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on May 13, 2021. It was a reverse split with a ratio of 0.0666667:1.
| Last Split Date | May 13, 2021 |
| Split Type | Reverse |
| Split Ratio | 0.0666667:1 |
Scores
High Tide has an Altman Z-Score of 2.48 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.48 |
| Piotroski F-Score | 6 |