High Tide Inc.
HITI
Price:
$2.65
Market Cap:
$298.88M
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
PE Ratio
[-9.14]
ROE
[-21.97%]
Current Ratio
[1.26]
Dividend Yield
[0%]
Enterprise Value
[330.05M]
Dividend History
The ROE as of November 2024 (TTM) for High Tide Inc. (HITI) is -21.97%
According to High Tide Inc.’s latest financial reports and current stock price. The company's current ROE is -21.97%. This represents a change of 279.28% compared to the average of -5.79% of the last 4 quarters.
High Tide Inc. (HITI) Historical ROE (quarterly & annually)
How has HITI ROE performed in the past?
The mean historical ROE of High Tide Inc. over the last ten years is -58.82%. The current -21.97% ROE has changed -62.64% with respect to the historical average. Over the past ten years (40 quarters), HITI's ROE was at its highest in in the July 2020 quarter at 31.27%. The ROE was at its lowest in in the October 2019 quarter at -160.28%.
Average
-58.82%
Median
-26.84%
Minimum
-274.27%
Maximum
-3.07%
High Tide Inc. (HITI) ROE by Quarter and Year
Discovering the peaks and valleys of High Tide Inc. ROE, 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 = 1.31%
Maximum Annual ROE = -3.07%
Minimum Annual Increase = -77.22%
Minimum Annual ROE = -274.27%
| Year | ROE | Change |
|---|---|---|
| 2023 | -29.88% | -34.06% |
| 2022 | -45.31% | 90.39% |
| 2021 | -23.80% | -61.90% |
| 2020 | -62.47% | -77.22% |
| 2019 | -274.27% | 1.31% |
| 2018 | -19.43% | 533.20% |
| 2017 | -3.07% | -75.08% |
High Tide Inc. (HITI) Average ROE
How has HITI ROE performed in the past?
The current ROE 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
-33.00%
5-year avg
-87.15%
10-year avg
-58.82%
High Tide Inc. (HITI) ROE vs. Peers
How is HITI’s ROE compared to its peers?
High Tide Inc.’s ROE is less than Leafly Holdings, Inc. (37.63%), less than Nova Cannabis Inc. (5.84%), greater than TRxADE HEALTH, Inc. (-272.11%), greater than SunLink Health Systems, Inc. (-5.23%), greater than Kiaro Holdings Corp. (-187.12%), less than GABY Inc. (0%), less than Leafly Holdings, Inc. (37.63%), greater than China Jo-Jo Drugstores, Inc. (-24.53%), greater than MedAvail Holdings, Inc. (-238.69%), greater than BIMI International Medical Inc. (-21.18%), greater than PetMed Express, Inc. (-1.00%), less than Rite Aid Corporation (91.07%),
| Company | ROE | Market cap |
|---|---|---|
| 37.63% | $4.07M | |
| 5.84% | $78.47M | |
| -272.11% | $13.28M | |
| -5.23% | $5.39M | |
| -187.12% | $130.65K | |
| 0% | $2.66M | |
| 37.63% | $4.64M | |
| -24.53% | $13.32M | |
| -238.69% | $2.91M | |
| -21.18% | $139.61K | |
| -1.00% | $98.77M | |
| 91.07% | $36.76M |
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