High Tide Inc.

High Tide Inc.verified

HITI

Price:

$2.19

Market Cap:

$239.36M

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in...[Read more]

Industry

Medical - Pharmaceuticals

IPO Date

2021-01-08

Stock Exchange

NASDAQ

Ticker

HITI

The Enterprise Value as of September 2024 (TTM) for High Tide Inc. (HITI) is 272.45M

According to High Tide Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 272.45M. This represents a change of 21.80% compared to the average of 223.68M of the last 4 quarters.

High Tide Inc. (HITI) Historical Enterprise Value (quarterly & annually)

How has HITI Enterprise Value performed in the past?

The mean historical Enterprise Value of High Tide Inc. over the last ten years is 125.41M. The current 272.45M Enterprise Value has changed 21.62% with respect to the historical average. Over the past ten years (40 quarters), HITI's Enterprise Value was at its highest in in the October 2021 quarter at 451.67M. The Enterprise Value was at its lowest in in the July 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

125.41M

Median

74.51M

Minimum

20.52M

Maximum

344.73M

High Tide Inc. (HITI) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of High Tide Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 344.42%

Maximum Annual Enterprise Value = 344.73M

Minimum Annual Increase = -50.78%

Minimum Annual Enterprise Value = 20.52M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023191.93M13.12%
2022169.67M-50.78%
2021344.73M344.42%
202077.57M8.57%
201971.45M20.97%
201859.06M-13.60%
201768.36M233.20%

High Tide Inc. (HITI) Average Enterprise Value

How has HITI Enterprise Value performed in the past?

The current Enterprise Value of High Tide Inc. (HITI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

235.44M

5-year avg

171.07M

10-year avg

125.41M

High Tide Inc. (HITI) Enterprise Value vs. Peers

How is HITI’s Enterprise Value compared to its peers?

High Tide Inc.’s Enterprise Value is greater than Leafly Holdings, Inc. (20.16M), greater than Nova Cannabis Inc. (156.66M), greater than TRxADE HEALTH, Inc. (5.37M), greater than SunLink Health Systems, Inc. (4.92M), greater than Kiaro Holdings Corp. (5.91M), greater than GABY Inc. (2.66M), greater than Leafly Holdings, Inc. (20.16M), greater than China Jo-Jo Drugstores, Inc. (21.39M), greater than MedAvail Holdings, Inc. (-9189962.00), greater than BIMI International Medical Inc. (3.62M), greater than PetMed Express, Inc. (28.87M), less than Rite Aid Corporation (6.53B),

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Frequently asked questions❓

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How does the current Enterprise Value for High Tide Inc. (HITI) compare to its historical average?