` HITI (High Tide Inc) vs S&P TSX Composite Index (Canada) Comparison - Alpha Spread

HITI
vs
S
S&P TSX Composite Index (Canada)

Over the past 12 months, HITI has underperformed S&P TSX Composite Index (Canada), delivering a return of +7% compared to the S&P TSX Composite Index (Canada)'s +41% growth.

Stocks Performance
HITI vs S&P TSX Composite Index (Canada)

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HITI
S&P TSX Composite Index (Canada)
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Performance Gap
HITI vs S&P TSX Composite Index (Canada)

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HITI
S&P TSX Composite Index (Canada)
Difference
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Performance By Year
HITI vs S&P TSX Composite Index (Canada)

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Competitors Performance
High Tide Inc vs Peers

S&P TSX Composite Index (Canada)
HITI
JEF
JNJ
4312
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High Tide Inc
Glance View

Market Cap
297.1m CAD
Industry
Pharmaceuticals

High Tide, Inc. engages in the manufacture and retail of cannabis smoking accessories and lifestyle products. The company is headquartered in Calgary, Alberta. The company went IPO on 2018-12-17. The firm operates as a retailer of recreational cannabis with approximately 110 locations across Ontario, Alberta, Manitoba and Saskatchewan. The firm is also a cannabis discount club retailer, featuring Canna Cabana, Meta Cannabis Co., and Meta Cannabis Supply Co. banners, with additional locations under development across the country. High Tide serves consumers through its established e-commerce platforms, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com, and in the hemp-derived Cannabidiol (CBD) space through Nuleafnaturals.com, FABCBD.com, and BlessedCBD.co.uk, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. The firm's brands also include Bud Room, a retail cannabis store located in Ottawa, Ontario.

HITI Intrinsic Value
6.23 CAD
Undervaluation 46%
Intrinsic Value
Price CA$3.38
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