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Hitech Group Australia Limited (AU:HIT)
ASX:HIT
Australian Market
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Hitech Group Australia Limited (HIT) AI Stock Analysis

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AU:HIT

Hitech Group Australia Limited

(Sydney:HIT)

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Outperform 74 (OpenAI - 5.2)
Rating:74Outperform
Price Target:
AU$1.50
â–²(19.05% Upside)
Action:Reiterated
Date:07/21/26
The score is driven primarily by strong financial quality (low leverage, high ROE, solid margins) and favorable valuation (low P/E and high dividend yield). These positives are tempered by weaker technicals, with longer-term moving averages and momentum indicators (negative MACD, low RSI) pointing to a still-challenged trend.
Positive Factors
Low leverage / strong balance sheet
Minimal financial leverage gives the company durable financial flexibility: low interest burden, capacity to fund working capital for contracting cycles, and ability to pursue panels or opportunistic investments without stressing liquidity. This reduces solvency risk over several months.
Negative Factors
Weak cash flow conversion
A sharp decline in free cash flow growth and limited operating cash conversion indicate earnings are not fully converting to cash. For a staffing business that needs to fund payroll and contractor payments, this constrains the ability to sustain dividends, invest, or absorb demand shocks over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Minimal financial leverage gives the company durable financial flexibility: low interest burden, capacity to fund working capital for contracting cycles, and ability to pursue panels or opportunistic investments without stressing liquidity. This reduces solvency risk over several months.
Read all positive factors

Hitech Group Australia Limited (HIT) vs. iShares MSCI Australia ETF (EWA)

Hitech Group Australia Limited Business Overview & Revenue Model

Company Description
Established in 1993 and headquartered in Sydney, Australia, HiTech Group Australia Limited specializes in talent acquisition, connecting permanent and contract professionals with the Information and Communications Technology (ICT) sector throughou...
How the Company Makes Money
HIT makes money primarily by supplying ICT personnel to clients (commonly on a contract basis) and earning a margin between what the client pays and what the contractor/employee is paid. Key revenue streams typically include: (1) contractor labour...

Hitech Group Australia Limited Financial Statement Overview

Summary
Strong overall fundamentals: consistent revenue growth (+5.98%) and solid profitability (net margin 9.42%, EBIT margin 12.71%). Balance sheet is a key strength with very low leverage (debt-to-equity 0.038) and high ROE (55.15%). Main offset is weaker cash-flow momentum, with free cash flow growth down 45.60% and only moderate operating cash conversion (operating cash flow to net income 0.43).
Income Statement
78
Positive
Balance Sheet
82
Very Positive
Cash Flow
70
Positive
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue66.69M67.71M63.45M74.36M62.98M42.05M
Gross Profit10.59M12.66M12.81M10.99M9.30M7.06M
EBITDA7.66M8.70M8.59M7.63M6.76M5.21M
Net Income4.98M6.38M6.03M5.44M4.40M3.64M
Balance Sheet
Total Assets17.75M18.17M17.27M15.36M12.97M11.10M
Cash, Cash Equivalents and Short-Term Investments10.49M9.65M12.11M10.58M10.01M6.61M
Total Debt260.95K445.89K1.35M2.42M148.57K250.47K
Total Liabilities6.26M6.60M7.85M7.75M5.54M4.79M
Stockholders Equity11.49M11.57M9.42M7.61M7.43M6.32M
Cash Flow
Free Cash Flow5.47M2.41M6.42M6.18M7.47M2.68M
Operating Cash Flow5.49M2.68M6.46M6.19M7.49M2.88M
Investing Cash Flow158.42K-264.83K-35.77K-76.45K-59.22K-225.64K
Financing Cash Flow-4.87M-4.87M-4.90M-5.54M-4.03M-3.65M

Hitech Group Australia Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.26
Price Trends
50DMA
1.01
Positive
100DMA
1.05
Positive
200DMA
1.32
Positive
Market Momentum
MACD
0.09
Negative
RSI
75.07
Negative
STOCH
82.99
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HIT, the sentiment is Positive. The current price of 1.26 is above the 20-day moving average (MA) of 1.12, above the 50-day MA of 1.01, and below the 200-day MA of 1.32, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 75.07 is Negative, neither overbought nor oversold. The STOCH value of 82.99 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:HIT.

Hitech Group Australia Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
AU$52.45M10.5443.16%7.32%4.39%-26.91%
70
Outperform
AU$1.51B28.3110.26%2.43%-5.37%0.35%
69
Neutral
AU$871.46M23.027.03%3.47%-34.08%-36.57%
64
Neutral
AU$40.86M10.4611.53%5.52%4.90%73.03%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
62
Neutral
AU$2.94B27.3620.27%2.98%26.80%40.18%
60
Neutral
AU$139.68M-18.23-12.62%2.78%-2.60%-168.93%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:HIT
Hitech Group Australia Limited
1.32
-0.41
-23.52%
AU:MND
Monadelphous Group Limited
30.38
10.68
54.19%
AU:SSM
Service Stream Limited
2.52
0.49
24.08%
AU:SND
Saunders International Limited
0.94
0.12
14.63%
AU:ASH
Ashley Services Group Ltd.
0.32
0.15
85.29%
AU:CVL
Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh
1.80
0.60
50.13%

Hitech Group Australia Limited Corporate Events

HiTech Group bids up to $15m for Hudson UpperGround assets
Jun 23, 2026
HiTech Group Australia has submitted a proposal to acquire selected assets and employees of Hudson Global Resources’ UpperGround business under a Deed of Company Arrangement, with total consideration of up to $15 million. The structure inclu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 21, 2026