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High Tide (High Tide) EV-to-EBITDA : 15.34 (As of Jun. 22, 2024)


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What is High Tide EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, High Tide's enterprise value is $216.7 Mil. High Tide's EBITDA for the trailing twelve months (TTM) ended in Apr. 2024 was $14.1 Mil. Therefore, High Tide's EV-to-EBITDA for today is 15.34.

The historical rank and industry rank for High Tide's EV-to-EBITDA or its related term are showing as below:

HITI' s EV-to-EBITDA Range Over the Past 10 Years
Min: -287.95   Med: -4.6   Max: 453.26
Current: 15.34

During the past 7 years, the highest EV-to-EBITDA of High Tide was 453.26. The lowest was -287.95. And the median was -4.60.

HITI's EV-to-EBITDA is ranked worse than
60.39% of 467 companies
in the Healthcare Providers & Services industry
Industry Median: 12.46 vs HITI: 15.34

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-06-22), High Tide's stock price is $2.32. High Tide's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2024 was $-0.003. Therefore, High Tide's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


High Tide EV-to-EBITDA Historical Data

The historical data trend for High Tide's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

High Tide EV-to-EBITDA Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-EBITDA
Get a 7-Day Free Trial -3.36 9.43 -209.41 -5.67 -46.24

High Tide Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23 Jan24 Apr24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.15 -8.14 -46.24 14.55 14.92

Competitive Comparison of High Tide's EV-to-EBITDA

For the Pharmaceutical Retailers subindustry, High Tide's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


High Tide's EV-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, High Tide's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where High Tide's EV-to-EBITDA falls into.



High Tide EV-to-EBITDA Calculation

High Tide's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=216.706/14.128
=15.34

High Tide's current Enterprise Value is $216.7 Mil.
High Tide's EBITDA for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


High Tide  (NAS:HITI) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

High Tide's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.32/-0.003
=At Loss

High Tide's share price for today is $2.32.
High Tide's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.003.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


High Tide EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of High Tide's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


High Tide (High Tide) Business Description

Traded in Other Exchanges
Address
11127 - 15 Street NE, Unit 112, Calgary, AB, CAN, T3K 2M4
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.