High Tide Stock Fundamentals
| HITI Stock | USD 2.91 0.26 9.81% |
High Tide fundamentals help investors to digest information that contributes to High Tide's financial success or failures. It also enables traders to predict the movement of High Stock. The fundamental analysis module provides a way to measure High Tide's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to High Tide stock.
As of now, High Tide's Gross Profit is increasing as compared to previous years. The High Tide's current Other Operating Expenses is estimated to increase to about 555.5 M, while Tax Provision is forecasted to increase to (6.5 M). High | Select Account or Indicator |
High Tide Company Profit Margin Analysis
High Tide's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current High Tide Profit Margin | (0.06) % |
Most of High Tide's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, High Tide is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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High Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, High Tide has a Profit Margin of -0.0596%. This is 99.47% lower than that of the Consumer Staples Distribution & Retail sector and significantly lower than that of the Consumer Staples industry. The profit margin for all United States stocks is 95.31% lower than that of the firm.
High Tide Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining High Tide's current stock value. Our valuation model uses many indicators to compare High Tide value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across High Tide competition to find correlations between indicators driving High Tide's intrinsic value. More Info.High Tide is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . As of now, High Tide's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the High Tide's earnings, one of the primary drivers of an investment's value.High Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses High Tide's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of High Tide could also be used in its relative valuation, which is a method of valuing High Tide by comparing valuation metrics of similar companies.High Tide is currently under evaluation in profit margin category among its peers.
High Tide Current Valuation Drivers
We derive many important indicators used in calculating different scores of High Tide from analyzing High Tide's financial statements. These drivers represent accounts that assess High Tide's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of High Tide's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 38.9M | 303.0M | 124.3M | 147.9M | 133.1M | 106.2M | |
| Enterprise Value | 78.4M | 344.4M | 169.1M | 190.3M | 171.3M | 136.8M |
High Tide ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, High Tide's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to High Tide's managers, analysts, and investors.Environmental | Governance | Social |
High Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | 0.0315 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 235.29 M | ||||
| Shares Outstanding | 80.68 M | ||||
| Shares Owned By Insiders | 8.80 % | ||||
| Shares Owned By Institutions | 10.17 % | ||||
| Number Of Shares Shorted | 4.24 M | ||||
| Price To Book | 2.06 X | ||||
| Price To Sales | 0.42 X | ||||
| Revenue | 487.67 M | ||||
| Gross Profit | 100.95 M | ||||
| EBITDA | (4.2 M) | ||||
| Net Income | (40.95 M) | ||||
| Cash And Equivalents | 18.74 M | ||||
| Cash Per Share | 0.27 X | ||||
| Total Debt | 72.53 M | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 1.23 X | ||||
| Book Value Per Share | 1.80 X | ||||
| Cash Flow From Operations | 20.66 M | ||||
| Short Ratio | 5.60 X | ||||
| Earnings Per Share | (0.29) X | ||||
| Target Price | 4.5 | ||||
| Number Of Employees | 1.55 K | ||||
| Beta | 1.0 | ||||
| Market Capitalization | 213.79 M | ||||
| Total Asset | 233.4 M | ||||
| Retained Earnings | (205.93 M) | ||||
| Working Capital | 10.51 M | ||||
| Net Asset | 233.4 M |
About High Tide Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze High Tide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of High Tide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of High Tide based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 1.6 M | 1.1 M | |
| Total Revenue | 560.8 M | 588.9 M | |
| Cost Of Revenue | 409.8 M | 430.3 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.23 | 0.41 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 7.55 | 6.08 | |
| Ebit Per Revenue | (0.10) | (0.10) |
Currently Active Assets on Macroaxis
When determining whether High Tide offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of High Tide's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of High Tide Stock. Outlined below are crucial reports that will aid in making a well-informed decision on High Tide Stock:Check out High Tide Piotroski F Score and High Tide Altman Z Score analysis. For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of High Tide. If investors know High will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about High Tide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 6.536 | Quarterly Revenue Growth 0.059 | Return On Assets 0.0315 | Return On Equity (0.20) |
The market value of High Tide is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Tide's value that differs from its market value or its book value, called intrinsic value, which is High Tide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because High Tide's market value can be influenced by many factors that don't directly affect High Tide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between High Tide's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Tide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Tide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.