High Tide Statistics
Total Valuation
High Tide has a market cap or net worth of $152.86 million. The enterprise value is $189.42 million.
| Market Cap | 152.86M |
| Enterprise Value | 189.42M |
Important Dates
The next estimated earnings date is Wednesday, June 12, 2024, after market close.
| Earnings Date | Jun 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
High Tide has 75.30 million shares outstanding.
| Shares Outstanding | 75.30M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -5.41% |
| Owned by Insiders (%) | 9.21% |
| Owned by Institutions (%) | 10.91% |
| Float | 71.28M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.31 |
| Forward PS | 0.29 |
| PB Ratio | 1.11 |
| P/FCF Ratio | 7.97 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 52.04, with an EV/FCF ratio of 9.88.
| EV / Earnings | n/a |
| EV / Sales | 0.38 |
| EV / EBITDA | 52.04 |
| EV / EBIT | n/a |
| EV / FCF | 9.88 |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 0.47.
| Current Ratio | 1.13 |
| Quick Ratio | 0.57 |
| Debt / Equity | 0.47 |
| Debt / EBITDA | 17.94 |
| Debt / FCF | 3.41 |
| Interest Coverage | -1.97 |
Financial Efficiency
Return on equity (ROE) is -24.20% and return on invested capital (ROIC) is -14.79%.
| Return on Equity (ROE) | -24.20% |
| Return on Assets (ROA) | -14.30% |
| Return on Capital (ROIC) | -14.79% |
| Revenue Per Employee | $343,451 |
| Profits Per Employee | -$24,524 |
| Employee Count | 1,449 |
| Asset Turnover | 2.00 |
| Inventory Turnover | 14.41 |
Taxes
| Income Tax | -6.65M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +61.11% in the last 52 weeks. The beta is 1.12, so High Tide's price volatility has been higher than the market average.
| Beta (1Y) | 1.12 |
| 52-Week Price Change | +61.11% |
| 50-Day Moving Average | 1.97 |
| 200-Day Moving Average | 1.65 |
| Relative Strength Index (RSI) | 44.06 |
| Average Volume (30 Days) | 596,783 |
Short Selling Information
The latest short interest is 4.61 million, so 6.12% of the outstanding shares have been sold short.
| Short Interest | 4.61M |
| Short Previous Month | 3.12M |
| Short % of Shares Out | 6.12% |
| Short % of Float | 6.47% |
| Short Ratio (days to cover) | 4.27 |
Income Statement
In the last 12 months, High Tide had revenue of $497.66 million and -$35.54 million in losses. Loss per share was -$0.47.
| Revenue | 497.66M |
| Gross Profit | 135.13M |
| Operating Income | -30.03M |
| Pretax Income | -42.18M |
| Net Income | -35.54M |
| EBITDA | 3.64M |
| EBIT | -27.98M |
| Loss Per Share | -$0.47 |
Balance Sheet
The company has $28.75 million in cash and $65.31 million in debt, giving a net cash position of -$36.56 million or -$0.49 per share.
| Cash & Cash Equivalents | 28.75M |
| Total Debt | 65.31M |
| Net Cash | -36.56M |
| Net Cash Per Share | -$0.49 |
| Equity / Book Value | 137.65M |
| Book Value Per Share | 1.83 |
| Working Capital | 7.50M |
Cash Flow
In the last 12 months, operating cash flow was $25.42 million and capital expenditures -$6.25 million, giving a free cash flow of $19.17 million.
| Operating Cash Flow | 25.42M |
| Capital Expenditures | -6.25M |
| Free Cash Flow | 19.17M |
| FCF Per Share | $0.27 |
Margins
Gross margin is 27.15%, with operating and profit margins of -6.03% and -7.14%.
| Gross Margin | 27.15% |
| Operating Margin | -6.03% |
| Pretax Margin | -8.48% |
| Profit Margin | -7.14% |
| EBITDA Margin | 0.73% |
| EBIT Margin | -5.62% |
| FCF Margin | 3.85% |
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 | n/a |
| Shareholder Yield | n/a |
| Earnings Yield | -23.25% |
| FCF Yield | 12.54% |
Analyst Forecast
The average price target for High Tide is $4.50, which is 121.68% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $4.50 |
| Price Target Difference | 121.68% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | 13.84% |
| 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 1.61 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.61 |
| Piotroski F-Score | 5 |