Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
High Tide Inc. operates as a leading cannabis retail company, primarily focused on the production, distribution, and sale of marijuana and related accessories. The company plays a significant role in the legal cannabis industry, offering a wide array of products ranging from recreational cannabis to lifestyle accessories and health-focused solutions. High Tide drives its business through various segments, including branded cannabis retail stores under the 'Canna Cabana' name, an online platform for cannabis and smoking accessories, and a wholesale segment serving as a supplier to other retailers and e-commerce platforms. This diversification ensures a robust market presence, catering to both the medical and adult-use cannabis markets. As a part of the rapidly evolving cannabis sector, High Tide is instrumental in shaping retail and distribution strategies within legal jurisdictions across Canada and international markets. Headquartered in Calgary, Alberta, with a strong presence in major Canadian cities, the company continues to expand its footprint, adapting to regulatory changes and consumer needs, which underscores its importance and adaptability in the global cannabis marketplace.
C$3.12
C$0.03 (-0.95%)
EOD Jun 25, 2026 · Twelve Data
Operating margin is thin at 2.60%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 13.7%, still solid. Free cash flow declined 49% despite revenue growth, conversion is weakening.
Free cash flow declined 49% versus the prior year, cash generation momentum has weakened. Net debt of C$101M represents 7.6x FCF, leverage limits flexibility.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$671M
▲ +13.7% YoY
Net Income (TTM)
-C$46M
▼ -1248.8% YoY
Op. Margin
3.54%
▼ -0.3pp YoY
ROIC
5.17%
▼ -0.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
C$15M
▼ -48.8% YoY
Op. Cash Flow (TTM)
C$21M
▼ -20.2% YoY
Net Debt
C$101M
Cash & Equiv.
C$48M
3Y CAGR: +18.5%
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High Tide (HITI) trades above a two-stage DCF intrinsic value of about C$1.79 per share, so at C$3.12 the stock looks overvalued (42.6% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, High Tide scores 44/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about C$1.79 per share for HITI, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around C$1.34. At today's C$3.12, that puts the stock about 42.6% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
High Tide scores 44 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 3.5% operating margin and a 5.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. HITI currently trades above its estimated intrinsic value and scores 44/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.