High Tide (TSXV:HITI) Enterprise Value: C$395.2 Mil (As of Aug. 03, 2026) ***

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TSXV:HITI High Tide Inc TSXV:HITI
75 GF Score
Price C$2.97
GF Value C$3.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is High Tide Enterprise Value?

High Tide TSXV:HITI -0.67% 75 Enterprise Value is C$395.2 Mil as of Aug. 03, 2026. GuruFocus rates TSXV:HITI with a GF Score™ of 75/100 and a GF Value™ of C$3.71 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, High Tide's Enterprise Value is C$395.2 Mil. High Tide's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was C$-29.5 Mil. Therefore, High Tide's EV-to-EBIT ratio for today is -13.41.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, High Tide's Enterprise Value is C$395.2 Mil. High Tide's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was C$-2.7 Mil. Therefore, High Tide's EV-to-EBITDA ratio for today is -146.00.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, High Tide's Enterprise Value is C$395.2 Mil. High Tide's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was C$671.3 Mil. Therefore, High Tide's EV-to-Revenue ratio for today is 0.59.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, High Tide's Enterprise Value is C$395.2 Mil. High Tide's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was C$25.2 Mil. Therefore, High Tide's EV-to-OCF ratio for today is 15.67.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, High Tide's Enterprise Value is C$395.2 Mil. High Tide's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was C$14.9 Mil. Therefore, High Tide's EV-to-FCF ratio for today is 26.50.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


High Tide  (TSXV:HITI) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

High Tide's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=395.230/-29.462
=-13.41

High Tide's current Enterprise Value is C$395.2 Mil.
High Tide's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-29.5 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=395.230/-2.707
=-146.00

High Tide's current Enterprise Value is C$395.2 Mil.
High Tide's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.7 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

High Tide's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=395.230/671.346
=0.59

High Tide's current Enterprise Value is C$395.2 Mil.
High Tide's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$671.3 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

High Tide's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=395.230/25.221
=15.67

High Tide's current Enterprise Value is C$395.2 Mil.
High Tide's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$25.2 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

High Tide's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=395.230/14.914
=26.50

High Tide's current Enterprise Value is C$395.2 Mil.
High Tide's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$14.9 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 Enterprise Value Related Terms


High Tide Enterprise Value Historical Data

* Premium members only.

The historical data trend for High Tide's Enterprise Value 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.

High Tide Enterprise Value Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 410.65 190.91 194.22 344.75 499.33

High Tide Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Enterprise Value 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 300.94 265.12 499.33 395.13 425.11

High Tide Enterprise Value Competitor Comparison

For the Pharmaceutical Retailers subindustry, High Tide's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Enterprise Value distribution charts can be found below:

* The bar in red indicates where High Tide's Enterprise Value falls into.


TSXV:HITI
75GF Score
High Tide Inc TSXV:HITI
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

High Tide Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

High Tide's Enterprise Value for the fiscal year that ended in Oct. 2025 is calculated as

High Tide's Enterprise Value for the quarter that ended in Apr. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of C$395.2 Mil mean?
High Tide (TSXV:HITI) has a Enterprise Value of C$395.2 Mil as of Aug. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on High Tide and its competitors.
Is High Tide's Enterprise Value too high?
High Tide's current Enterprise Value is C$395.2 Mil. Overall, High Tide has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's Enterprise Value compare to competitors?
High Tide's Enterprise Value of C$395.2 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Healthcare Providers & Services company?
A good Enterprise Value depends on the Healthcare Providers & Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on High Tide and its competitors. High Tide's current Enterprise Value is C$395.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (TSXV:HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$3.71, compared to a current price of C$2.97 — trading 19.9% below its estimated fair value. The current Enterprise Value is C$395.2 Mil. High Tide's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For High Tide (TSXV:HITI), the current Enterprise Value is C$395.2 Mil as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is High Tide (TSXV:HITI) Overvalued in 2026?

Based on GuruFocus' analysis, High Tide stock appears to be undervalued. The current stock price of C$2.97 is trading 19.9% below its estimated GF Value™ of C$3.71. GuruFocus considers High Tide to be Modestly Undervalued.

Key valuation signals for TSXV:HITI:

  • Enterprise Value: C$395.2 Mil
  • GF Value™: C$3.71 vs. price of C$2.97 (19.9% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TSXV:HITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Tide Business Description

Other Exchanges HITI:USA2LYA:Germany
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 various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
75GF Score

Get the complete analysis for TSXV:HITI

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.97
Price
C$3.71
GF Value