High Tide Statistics
Total Valuation
High Tide has a market cap or net worth of $152.04 million. The enterprise value is $184.40 million.
| Market Cap | 152.04M |
| Enterprise Value | 184.40M |
Important Dates
The next estimated earnings date is Thursday, September 12, 2024, after market close.
| Earnings Date | Sep 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
High Tide has 80.45 million shares outstanding. The number of shares has increased by 5.34% in one year.
| Shares Outstanding | 80.45M |
| Shares Change (YoY) | +5.34% |
| Shares Change (QoQ) | +10.61% |
| Owned by Insiders (%) | 8.99% |
| Owned by Institutions (%) | 10.02% |
| Float | 72.17M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.30 |
| Forward PS | 0.39 |
| PB Ratio | 1.09 |
| P/FCF Ratio | 5.13 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 26.48, with an EV/FCF ratio of 6.23.
| EV / Earnings | n/a |
| EV / Sales | 0.37 |
| EV / EBITDA | 26.48 |
| EV / EBIT | n/a |
| EV / FCF | 6.23 |
Financial Position
The company has a current ratio of 1.17, with a Debt / Equity ratio of 0.48.
| Current Ratio | 1.17 |
| Quick Ratio | 0.64 |
| Debt / Equity | 0.48 |
| Debt / EBITDA | 9.71 |
| Debt / FCF | 2.28 |
| Interest Coverage | -1.63 |
Financial Efficiency
Return on equity (ROE) is -24.00% and return on invested capital (ROIC) is -12.24%.
| Return on Equity (ROE) | -24.00% |
| Return on Assets (ROA) | -14.20% |
| Return on Capital (ROIC) | -12.24% |
| Revenue Per Employee | $325,022 |
| Profits Per Employee | -$21,946 |
| Employee Count | 1,550 |
| Asset Turnover | 2.10 |
| Inventory Turnover | 13.20 |
Taxes
| Income Tax | -5.48M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +48.82% in the last 52 weeks. The beta is 1.08, so High Tide's price volatility has been similar to the market average.
| Beta (5Y) | 1.08 |
| 52-Week Price Change | +48.82% |
| 50-Day Moving Average | 2.25 |
| 200-Day Moving Average | 1.90 |
| Relative Strength Index (RSI) | 36.32 |
| Average Volume (20 Days) | 425,936 |
Short Selling Information
The latest short interest is 4.85 million, so 6.03% of the outstanding shares have been sold short.
| Short Interest | 4.85M |
| Short Previous Month | 5.19M |
| Short % of Shares Out | 6.03% |
| Short % of Float | 6.73% |
| Short Ratio (days to cover) | 8.94 |
Income Statement
In the last 12 months, High Tide had revenue of $503.78 million and -$34.02 million in losses. Loss per share was -$0.45.
| Revenue | 503.78M |
| Gross Profit | 138.86M |
| Operating Income | -25.39M |
| Pretax Income | -39.50M |
| Net Income | -34.02M |
| EBITDA | 6.96M |
| EBIT | -24.47M |
| Loss Per Share | -$0.45 |
Balance Sheet
The company has $35.27 million in cash and $67.63 million in debt, giving a net cash position of -$32.36 million or -$0.40 per share.
| Cash & Cash Equivalents | 35.27M |
| Total Debt | 67.63M |
| Net Cash | -32.36M |
| Net Cash Per Share | -$0.40 |
| Equity (Book Value) | 139.76M |
| Book Value Per Share | 1.74 |
| Working Capital | 10.56M |
Cash Flow
In the last 12 months, operating cash flow was $36.86 million and capital expenditures -$7.24 million, giving a free cash flow of $29.62 million.
| Operating Cash Flow | 36.86M |
| Capital Expenditures | -7.24M |
| Free Cash Flow | 29.62M |
| FCF Per Share | $0.38 |
Margins
Gross margin is 27.56%, with operating and profit margins of -5.04% and -6.75%.
| Gross Margin | 27.56% |
| Operating Margin | -5.04% |
| Pretax Margin | -7.84% |
| Profit Margin | -6.75% |
| EBITDA Margin | 1.38% |
| EBIT Margin | -4.86% |
| FCF Margin | 5.88% |
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 | -5.34% |
| Shareholder Yield | -5.34% |
| Earnings Yield | -22.37% |
| FCF Yield | 19.48% |
Analyst Forecast
The average price target for High Tide is $4.50, which is 138.10% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $4.50 |
| Price Target Difference | 138.10% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | 14.37% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 13, 2021. It was a reverse split with a ratio of 1:15.
| Last Split Date | May 13, 2021 |
| Split Type | Reverse |
| Split Ratio | 1:15 |
Scores
High Tide has an Altman Z-Score of 1.62 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.62 |
| Piotroski F-Score | 6 |