High Tide Inc 2LYA
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- CAD 2.19
- Day Range
- CAD 2.26–2.26
- 52-Week Range
- CAD 0.98–8.29
- Bid/Ask
- CAD 2.24 / CAD 2.32
- Market Cap
- CAD 181.81 Mil
- Volume/Avg
- 0 / —
Key Statistics
- Price/Earnings (Normalized)
- 45.77
- Price/Sales
- 0.49
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically-integrated company in the Canadian cannabis market with portfolio subsidiaries including RGR Canada Inc., Famous Brandz Inc., Kush West Distribution Inc., Smoker's Corner Ltd., Grasscity.com, Canna Cabana Inc., and KushBar Inc. The firm has established two main segments, retail and wholesale. It generates substantial revenue from retail stores' e-commerce platforms. Geographically it serves Canada, the USA, and other international markets and earns key revenue from domestic sales.
- Sector
- Healthcare
- Industry
- Pharmaceutical Retailers
- Stock Style Box
- Small Growth
- Total Number of Employees
- 1,449
- Website
- https://www.hightideinc.com
Comparables
Valuation
|
Metric
|
2LYA
|
VRNO
|
GBT
|
|---|---|---|---|
Price/Earnings (Normalized) | 45.77 | — | 163.37 |
Price/Book Value | 1.92 | 0.90 | 0.88 |
Price/Sales | 0.49 | 1.20 | 0.72 |
Price/Cash Flow | 7.46 | 9.28 | — |
Price/Earnings
2LYA
VRNO
GBT
Financial Strength
|
Metric
|
2LYA
|
VRNO
|
GBT
|
|---|---|---|---|
Quick Ratio | 0.64 | 0.57 | 0.20 |
Current Ratio | 1.17 | 1.01 | 1.07 |
Interest Coverage | −2.48 | 1.26 | — |
Quick Ratio
2LYA
VRNO
GBT
Profitability
|
Metric
|
2LYA
|
VRNO
|
GBT
|
|---|---|---|---|
Return on Assets (Normalized) | 12.45% | −2.26% | −1.63% |
Return on Equity (Normalized) | 23.04% | −4.10% | −2.12% |
Return on Invested Capital (Normalized) | 18.75% | −0.97% | −3.87% |
Return on Assets
2LYA
VRNO
GBT
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1-Day Chart
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