High Tide (TSXV:HITI) 3-Year ROIIC % : 261.69% (As of Oct. 2025)

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TSXV:HITI High Tide Inc TSXV:HITI
73 GF Score
Price C$3.26
GF Value C$3.75
Valuation Modestly Undervalued
! 6 Warning Signs
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What is High Tide 3-Year ROIIC %?

High Tide TSXV:HITI +0.62% 73 3-Year ROIIC % is 261.69 as of Oct. 2025. GuruFocus rates TSXV:HITI with a GF Score™ of 73/100 and a GF Value™ of C$3.75 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 618 Healthcare Providers & Services companies, High Tide ranks better than 95.15% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. High Tide's 3-Year ROIIC % for the quarter that ended in Oct. 2025 was 261.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for High Tide's 3-Year ROIIC % or its related term are showing as below:

TSXV:HITI's 3-Year ROIIC % is ranked better than
95.15% of 618 companies
in the Healthcare Providers & Services industry
Industry Median: 3.48 vs TSXV:HITI: 261.69

High Tide  (TSXV:HITI) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


High Tide 3-Year ROIIC % Related Terms


High Tide 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for High Tide's 3-Year ROIIC % 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 3-Year ROIIC % Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only -5.24 -0.13 -2.77 -110.47 261.69

High Tide Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
3-Year ROIIC % 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 0.00 0.00 261.69 0.00 0.00

High Tide 3-Year ROIIC % Competitor Comparison

For the Pharmaceutical Retailers subindustry, High Tide's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, High Tide's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where High Tide's 3-Year ROIIC % falls into.


TSXV:HITI
73GF Score
High Tide Inc TSXV:HITI
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

High Tide 3-Year ROIIC % Calculation

High Tide's 3-Year ROIIC % for the quarter that ended in Oct. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 15.4292815 (Oct. 2025) - -19.3185365 (Oct. 2022) )/( 257.656 (Oct. 2025) - 244.378 (Oct. 2022) )
=34.747818/13.278
=261.69%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 261.69 mean?
High Tide (TSXV:HITI) has a 3-Year ROIIC % of 261.69 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on High Tide and its competitors. According to the industry distribution chart, High Tide ranks #30 out of 618 companies in the Healthcare Providers & Services industry, placing it in the top 4.9%.
Is High Tide's 3-Year ROIIC % too high?
High Tide's current 3-Year ROIIC % is 261.69. The Healthcare Providers & Services industry median 3-Year ROIIC % is 3.48. High Tide's value of 261.69 is 7419.8% above this industry median. Based on the distribution chart, High Tide ranks #30 out of 618 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, High Tide has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's 3-Year ROIIC % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, High Tide ranks #30 out of 618 companies for 3-Year ROIIC %. This places High Tide in the top 5% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.48. High Tide's value of 261.69 is 7419.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Healthcare Providers & Services company?
The median 3-Year ROIIC % among Healthcare Providers & Services companies is 3.48, based on 618 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Tide's current 3-Year ROIIC % of 261.69 is 7419.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on High Tide and its competitors. For the Healthcare Providers & Services industry, the median 3-Year ROIIC % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current 3-Year ROIIC % is 261.69. 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$3.75, compared to a current price of C$3.26 — trading 13.1% below its estimated fair value. The current 3-Year ROIIC % is 261.69 and 7419.8% above the Healthcare Providers & Services industry median of 3.48. High Tide's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For High Tide (TSXV:HITI), the current 3-Year ROIIC % is 261.69 as of Oct. 2025. 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$3.26 is trading 13.1% below its estimated GF Value™ of C$3.75. GuruFocus considers High Tide to be Modestly Undervalued.

Key valuation signals for TSXV:HITI:

  • 3-Year ROIIC %: 261.69
  • GF Value™: C$3.75 vs. price of C$3.26 (13.1% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 7419.8% above the Healthcare Providers & Services median (#30 of 618)

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.
73GF Score

Get the complete analysis for TSXV:HITI

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

C$3.26
Price
C$3.75
GF Value