(HITI) High Tide - Overview
Exchange: NASDAQ •
Country: Canada •
Currency: USD •
Type: Common Stock •
ISIN: CA42981E4013
Stock: Cannabis, Accessories, E-Commerce, Analytics, Wholesale
Total Rating 19
Risk 44
Buy Signal -0.03
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 55.1% |
| Relative Tail Risk | -12.7% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.23 |
| Alpha | -30.44 |
| Character TTM | |
|---|---|
| Beta | 0.838 |
| Beta Downside | 0.711 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.56% |
| CAGR/Max DD | 0.36 |
Description: HITI High Tide January 03, 2026
High Tide Inc. (NASDAQ:HITI) is a Canadian-based cannabis retailer that operates both physical storefronts and e-commerce platforms. Its business model combines direct consumer sales of dried flower, extracts, and accessories with a data-analytics service that helps brand partners optimize inventory and pricing. The company also manufactures and distributes consumption accessories, leveraging a portfolio of brands such as Daily High Club, DankStop, Smoke Cartel, and Canna Cabana.
As of the most recent filing, High Tide reported approximately 140 retail locations across Canada and a 32% year-over-year increase in e-commerce revenue, reflecting broader consumer shift toward online purchasing. The Canadian cannabis market grew ~9% YoY in 2023, driven by relaxed provincial regulations and a rising per-capita consumption rate of 5.3 g/month, which underpins HITI’s top-line potential. A key operational KPI is its average unit volume (AUV) of $1,250 per store, which remains above the industry median of $950, indicating stronger store productivity.
For analysts seeking deeper insight into HITI’s valuation dynamics, a quick look at ValueRay’s proprietary metrics can help surface hidden catalysts and risk factors.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: -50.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -6.67 > 1.0 |
| NWC/Revenue: 6.22% < 20% (prev 4.65%; Δ 1.57% < -1%) |
| CFO/TA 0.07 > 3% & CFO 23.9m > Net Income -50.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.37 > 1.5 & < 3 |
| Outstanding Shares: last quarter (87.5m) vs 12m ago 9.97% < -2% |
| Gross Margin: 25.85% > 18% (prev 0.18%; Δ 2566 % > 0.5%) |
| Asset Turnover: 199.6% > 50% (prev 212.1%; Δ -12.56% > 0%) |
| Interest Coverage Ratio: -3.05 > 6 (EBITDA TTM -13.7m / Interest Expense TTM 12.5m) |
Altman Z'' -2.40
| A: 0.11 (Total Current Assets 136.9m - Total Current Liabilities 99.9m) / Total Assets 349.0m |
| B: -0.75 (Retained Earnings -260.1m / Total Assets 349.0m) |
| C: -0.13 (EBIT TTM -38.0m / Avg Total Assets 297.6m) |
| D: 0.19 (Book Value of Equity 45.6m / Total Liabilities 246.2m) |
| Altman-Z'' Score: -2.40 = D |
Beneish M -3.02
| DSRI: 1.49 (Receivables 5.61m/3.31m, Revenue 594.0m/522.3m) |
| GMI: 0.71 (GM 25.85% / 18.28%) |
| AQI: 0.99 (AQ_t 0.39 / AQ_t-1 0.39) |
| SGI: 1.14 (Revenue 594.0m / 522.3m) |
| TATA: -0.21 (NI -50.7m - CFO 23.9m) / TA 349.0m) |
| Beneish M-Score: -3.02 (Cap -4..+1) = AA |
What is the price of HITI shares?
As of February 09, 2026, the stock is trading at USD 2.35 with a total of 389,506 shares traded.
Over the past week, the price has changed by +5.38%, over one month by -12.64%, over three months by -18.97% and over the past year by -20.07%.
Over the past week, the price has changed by +5.38%, over one month by -12.64%, over three months by -18.97% and over the past year by -20.07%.
Is HITI a buy, sell or hold?
High Tide has received a consensus analysts rating of 4.80.
Therefore, it is recommended to buy HITI.
- StrongBuy: 4
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the HITI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 5 | 112.8% |
| Analysts Target Price | 5 | 112.8% |
| ValueRay Target Price | 2.2 | -6% |
HITI Fundamental Data Overview February 07, 2026
Market Cap CAD = 272.5m (199.4m USD * 1.3664 USD.CAD)
P/E Forward = 23.8095
P/S = 0.3357
P/B = 3.1046
Revenue TTM = 594.0m CAD
EBIT TTM = -38.0m CAD
EBITDA TTM = -13.7m CAD
Long Term Debt = 81.4m CAD (from longTermDebt, last quarter)
Short Term Debt = 27.5m CAD (from shortTermDebt, last quarter)
Debt = 149.8m CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 101.9m CAD (from netDebt column, last quarter)
Enterprise Value = 374.3m CAD (272.5m + Debt 149.8m - CCE 47.9m)
Interest Coverage Ratio = -3.05 (Ebit TTM -38.0m / Interest Expense TTM 12.5m)
EV/FCF = 28.13x (Enterprise Value 374.3m / FCF TTM 13.3m)
FCF Yield = 3.55% (FCF TTM 13.3m / Enterprise Value 374.3m)
FCF Margin = 2.24% (FCF TTM 13.3m / Revenue TTM 594.0m)
Net Margin = -8.54% (Net Income TTM -50.7m / Revenue TTM 594.0m)
Gross Margin = 25.85% ((Revenue TTM 594.0m - Cost of Revenue TTM 440.5m) / Revenue TTM)
Gross Margin QoQ = 25.93% (prev 26.78%)
Tobins Q-Ratio = 1.07 (Enterprise Value 374.3m / Total Assets 349.0m)
Interest Expense / Debt = 1.97% (Interest Expense 2.96m / Debt 149.8m)
Taxrate = 21.0% (US default 21%)
NOPAT = -30.1m (EBIT -38.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.37 (Total Current Assets 136.9m / Total Current Liabilities 99.9m)
Debt / Equity = 1.71 (Debt 149.8m / totalStockholderEquity, last quarter 87.6m)
Debt / EBITDA = -7.42 (negative EBITDA) (Net Debt 101.9m / EBITDA -13.7m)
Debt / FCF = 7.66 (Net Debt 101.9m / FCF TTM 13.3m)
Total Stockholder Equity = 128.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -17.05% (Net Income -50.7m / Total Assets 349.0m)
RoE = -39.66% (Net Income TTM -50.7m / Total Stockholder Equity 128.0m)
RoCE = -18.18% (EBIT -38.0m / Capital Employed (Equity 128.0m + L.T.Debt 81.4m))
RoIC = -17.18% (negative operating profit) (NOPAT -30.1m / Invested Capital 174.9m)
WACC = 6.36% (E(272.5m)/V(422.3m) * Re(9.0%) + D(149.8m)/V(422.3m) * Rd(1.97%) * (1-Tc(0.21)))
Discount Rate = 9.0% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.79%
[DCF Debug] Terminal Value 78.32% ; FCFF base≈18.3m ; Y1≈12.0m ; Y5≈5.48m
Fair Price DCF = 0.58 (EV 152.9m - Net Debt 101.9m = Equity 51.0m / Shares 87.8m; r=6.36% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -12.06 | EPS CAGR: 11.52% | SUE: -0.03 | # QB: 0
Revenue Correlation: 90.77 | Revenue CAGR: 24.45% | SUE: 0.12 | # QB: 0
EPS next Quarter (2026-04-30): EPS=0.01 | Chg30d=+0.003 | Revisions Net=+0 | Analysts=3
EPS current Year (2026-10-31): EPS=0.10 | Chg30d=+0.003 | Revisions Net=+1 | Growth EPS=+424.9% | Growth Revenue=+25.8%
EPS next Year (2027-10-31): EPS=0.23 | Chg30d=-0.023 | Revisions Net=+1 | Growth EPS=+130.0% | Growth Revenue=+16.3%
P/E Forward = 23.8095
P/S = 0.3357
P/B = 3.1046
Revenue TTM = 594.0m CAD
EBIT TTM = -38.0m CAD
EBITDA TTM = -13.7m CAD
Long Term Debt = 81.4m CAD (from longTermDebt, last quarter)
Short Term Debt = 27.5m CAD (from shortTermDebt, last quarter)
Debt = 149.8m CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 101.9m CAD (from netDebt column, last quarter)
Enterprise Value = 374.3m CAD (272.5m + Debt 149.8m - CCE 47.9m)
Interest Coverage Ratio = -3.05 (Ebit TTM -38.0m / Interest Expense TTM 12.5m)
EV/FCF = 28.13x (Enterprise Value 374.3m / FCF TTM 13.3m)
FCF Yield = 3.55% (FCF TTM 13.3m / Enterprise Value 374.3m)
FCF Margin = 2.24% (FCF TTM 13.3m / Revenue TTM 594.0m)
Net Margin = -8.54% (Net Income TTM -50.7m / Revenue TTM 594.0m)
Gross Margin = 25.85% ((Revenue TTM 594.0m - Cost of Revenue TTM 440.5m) / Revenue TTM)
Gross Margin QoQ = 25.93% (prev 26.78%)
Tobins Q-Ratio = 1.07 (Enterprise Value 374.3m / Total Assets 349.0m)
Interest Expense / Debt = 1.97% (Interest Expense 2.96m / Debt 149.8m)
Taxrate = 21.0% (US default 21%)
NOPAT = -30.1m (EBIT -38.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.37 (Total Current Assets 136.9m / Total Current Liabilities 99.9m)
Debt / Equity = 1.71 (Debt 149.8m / totalStockholderEquity, last quarter 87.6m)
Debt / EBITDA = -7.42 (negative EBITDA) (Net Debt 101.9m / EBITDA -13.7m)
Debt / FCF = 7.66 (Net Debt 101.9m / FCF TTM 13.3m)
Total Stockholder Equity = 128.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -17.05% (Net Income -50.7m / Total Assets 349.0m)
RoE = -39.66% (Net Income TTM -50.7m / Total Stockholder Equity 128.0m)
RoCE = -18.18% (EBIT -38.0m / Capital Employed (Equity 128.0m + L.T.Debt 81.4m))
RoIC = -17.18% (negative operating profit) (NOPAT -30.1m / Invested Capital 174.9m)
WACC = 6.36% (E(272.5m)/V(422.3m) * Re(9.0%) + D(149.8m)/V(422.3m) * Rd(1.97%) * (1-Tc(0.21)))
Discount Rate = 9.0% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.79%
[DCF Debug] Terminal Value 78.32% ; FCFF base≈18.3m ; Y1≈12.0m ; Y5≈5.48m
Fair Price DCF = 0.58 (EV 152.9m - Net Debt 101.9m = Equity 51.0m / Shares 87.8m; r=6.36% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -12.06 | EPS CAGR: 11.52% | SUE: -0.03 | # QB: 0
Revenue Correlation: 90.77 | Revenue CAGR: 24.45% | SUE: 0.12 | # QB: 0
EPS next Quarter (2026-04-30): EPS=0.01 | Chg30d=+0.003 | Revisions Net=+0 | Analysts=3
EPS current Year (2026-10-31): EPS=0.10 | Chg30d=+0.003 | Revisions Net=+1 | Growth EPS=+424.9% | Growth Revenue=+25.8%
EPS next Year (2027-10-31): EPS=0.23 | Chg30d=-0.023 | Revisions Net=+1 | Growth EPS=+130.0% | Growth Revenue=+16.3%