Hitech Group Australia Limited (AU:HIT)
ASX:HIT
HIT Stock Chart & Stats
AU$1.63
-AU$0.04(-2.06%)
At close: 4:00 PM EST
AU$1.63
-AU$0.04(-2.06%)
Day’s Range― - ―
52-Week RangeAU$1.25 - AU$2.02
Previous CloseN/A
Volume21.22K
Average Volume (3M)8.53K
Market Cap
AU$52.87M
Enterprise ValueAU$42.65M
Total Cash (Recent Filing)AU$10.49M
Total Debt (Recent Filing)AU$260.95K
Price to Earnings (P/E)8.4
Beta0.21
Next Earnings
Aug 19, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield6.25%
Share Statistics
EPS (TTM)0.05
Shares Outstanding42,300,000
10 Day Avg. Volume2,690
30 Day Avg. Volume8,525
Financial Highlights & Ratios
PEG Ratio1.48
Price to Book (P/B)5.82
Price to Sales (P/S)0.99
P/FCF Ratio27.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet And Low LeverageExtremely low leverage and a high equity ratio give Hitech durable financial flexibility to fund working capital for contractor payrolls, pursue framework opportunities, and withstand sector slowdowns. High ROE indicates efficient capital use, supporting long-term shareholder returns and investment capacity.
Healthy Operating And Net MarginsSustained double-digit EBIT and near-double-digit net margins reflect an ability to capture spread between client bill rates and contractor costs. Margin resilience supports reinvestment, dividend capacity, and buffers against modest cost or wage inflation, underpinning earnings durability over months.
Contracting Model To Govt And Large Enterprise ClientsA staffing model focused on government and large enterprises yields recurring, programmatic demand and framework-based engagements. That creates predictable revenue streams, high client retention potential, and scalable gross-profit per placement, making earnings less cyclical over a medium-term horizon.
Bears Say
Sharp Decline In Free Cash Flow GrowthA 45.6% drop in free cash flow growth materially weakens the company’s liquidity buffer despite solid accounting profits. Over 2–6 months this constrains capacity to fund contractor payroll timing mismatches, invest in business development, or smooth dividends without drawing on reserves or bank facilities.
Negative EPS GrowthA ~27% decline in EPS signals pressure on per-share profitability which can reflect margin squeezes, higher costs, or mix shifts. Persisting EPS compression would reduce retained earnings growth, limit reinvestment and undermine confidence in sustained earnings power across upcoming reporting periods.
Revenue Concentration And Framework DependenceDependence on a limited set of large government/framework clients concentrates renewal and procurement risk: non-renewal or pricing resets could rapidly depress revenue. Tender cycles and procurement lead times also introduce structural timing volatility to placements and cash conversion over months.
Hitech Group Australia Limited News
HIT FAQ
What was Hitech Group Australia Limited’s price range in the past 12 months?
Hitech Group Australia Limited lowest share price was AU$1.25 and its highest was AU$2.02 in the past 12 months.
What is Hitech Group Australia Limited’s market cap?
Hitech Group Australia Limited’s market cap is AU$52.87M.
When is Hitech Group Australia Limited’s upcoming earnings report date?
Hitech Group Australia Limited’s upcoming earnings report date is Aug 19, 2026 which is in 135 days.
How were Hitech Group Australia Limited’s earnings last quarter?
Hitech Group Australia Limited released its earnings results on Feb 23, 2026. The company reported AU$0.048 earnings per share for the quarter, beating the consensus estimate of N/A by AU$0.048.
Is Hitech Group Australia Limited overvalued?
According to Wall Street analysts Hitech Group Australia Limited’s price is currently Overvalued.
Does Hitech Group Australia Limited pay dividends?
Hitech Group Australia Limited pays a Semiannually dividend of AU$0.05 which represents an annual dividend yield of 6.25%. See more information on Hitech Group Australia Limited dividends here
What is Hitech Group Australia Limited’s EPS estimate?
Hitech Group Australia Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Hitech Group Australia Limited have?
Hitech Group Australia Limited has 42,300,000 shares outstanding.
What happened to Hitech Group Australia Limited’s price movement after its last earnings report?
Hitech Group Australia Limited reported an EPS of AU$0.048 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -8.793%.
Which hedge fund is a major shareholder of Hitech Group Australia Limited?
Currently, no hedge funds are holding shares in AU:HIT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Hitech Group Australia Limited Stock Smart Score
Neutral
1
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4
5
6
7
8
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.21%
12-Months-Change
Fundamentals
Return on Equity
43.16%
Trailing 12-Months
Asset Growth
4.92%
Trailing 12-Months
Company Description
Hitech Group Australia Limited
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. Its ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. The company also offers personnel services to other sectors, such as office administration, sales and marketing, and finance; and digital services to government departments to initiate and complete digital transformation projects. It serves telco, finance, healthcare, consulting, IT, and FMCG industries, as well as federal and state governments. HiTech Group Australia Limited was incorporated in 1993 and is based in Sydney, Australia.