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Hitech Group Australia Limited
(Sydney:HIT)
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Rating:71Outperform
Price Target:
AU$1.00
â–¼(-38.65% Downside)
Action:Reiterated
Date:05/13/26
The score is driven primarily by solid financial performance (strong profitability and balance sheet strength), supported by favorable valuation (low P/E and high dividend yield). These positives are partially offset by weak technicals, with the stock trading below key moving averages and a negative MACD indicating a downtrend.
Positive Factors
Balance sheet strength
Extremely low leverage and a high equity base provide durable financial flexibility, reducing refinancing and interest risk. A 55% ROE shows efficient capital deployment, supporting reinvestment or distributions and enabling resilience through economic cycles for 2–6 months and beyond.
Negative Factors
Weakened cash flow growth
A large drop in free cash flow growth and only moderate conversion of reported earnings into operating cash flow indicate potential timing or working capital strains. This weakens the safety of dividends and limits reinvestment capacity if the trend persists.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Extremely low leverage and a high equity base provide durable financial flexibility, reducing refinancing and interest risk. A 55% ROE shows efficient capital deployment, supporting reinvestment or distributions and enabling resilience through economic cycles for 2–6 months and beyond.
Read all positive factors
Hitech Group Australia Limited (HIT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$38.70M
Dividend Yield6.25%
Average Volume (3M)8.53K
Price to Earnings (P/E)7.8
Beta (1Y)0.44
Revenue Growth4.39%
EPS Growth-26.91%
CountryAU
Employees16
SectorIndustrials
Sector Strength72
IndustryStaffing & Employment Services
Share Statistics
EPS (TTM)0.12
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
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 mainly by supplying skilled professionals to clients on a contract (labour-hire) and recruitment basis. Under its contracting model, the company sources, screens, and places ICT and engineering specialists into client roles and bil...
Hitech Group Australia Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
82
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 66.69M | 67.71M | 63.45M | 74.36M | 62.98M | 42.05M |
| Gross Profit | 10.59M | 12.66M | 12.81M | 10.99M | 9.30M | 7.06M |
| EBITDA | 7.66M | 8.70M | 8.59M | 7.63M | 6.76M | 5.21M |
| Net Income | 4.98M | 6.38M | 6.03M | 5.44M | 4.40M | 3.64M |
Balance Sheet | ||||||
| Total Assets | 17.75M | 18.17M | 17.27M | 15.36M | 12.97M | 11.10M |
| Cash, Cash Equivalents and Short-Term Investments | 10.49M | 9.65M | 12.11M | 10.58M | 10.01M | 6.61M |
| Total Debt | 260.95K | 445.89K | 1.35M | 2.42M | 148.57K | 250.47K |
| Total Liabilities | 6.26M | 6.60M | 7.85M | 7.75M | 5.54M | 4.79M |
| Stockholders Equity | 11.49M | 11.57M | 9.42M | 7.61M | 7.43M | 6.32M |
Cash Flow | ||||||
| Free Cash Flow | 5.47M | 2.41M | 6.42M | 6.18M | 7.47M | 2.68M |
| Operating Cash Flow | 5.49M | 2.68M | 6.46M | 6.19M | 7.49M | 2.88M |
| Investing Cash Flow | 158.42K | -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
Negative
1.63
Price Trends
0.93
Negative
1.16
Negative
1.40
Negative
Market Momentum
>-0.01
Negative
47.37
Neutral
93.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HIT, the sentiment is Negative. The current price of 1.63 is above the 20-day moving average (MA) of 0.92, above the 50-day MA of 0.93, and above the 200-day MA of 1.40, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.37 is Neutral, neither overbought nor oversold. The STOCH value of 93.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HIT.
Hitech Group Australia Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$38.70M | 7.78 | 43.16% | 6.25% | 4.39% | -26.91% | |
70 Outperform | AU$1.57B | 29.64 | 10.26% | 2.43% | -5.37% | 0.35% | |
69 Neutral | AU$958.09M | 32.63 | 5.61% | 4.17% | -34.08% | -36.57% | |
64 Neutral | AU$40.12M | 10.46 | 11.53% | 5.20% | 4.90% | 73.03% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | AU$2.89B | 26.49 | 20.27% | 2.65% | 26.80% | 40.18% | |
60 Neutral | AU$145.21M | -18.95 | -12.62% | 2.78% | -2.60% | -168.93% |
* Industrials Sector Average
AU:HIT
Hitech Group Australia Limited
0.92
-0.64
-41.20%
AU:MND
Monadelphous Group Limited
28.75
12.01
71.79%
AU:SSM
Service Stream Limited
2.59
0.73
39.17%
AU:SND
Saunders International Limited
1.05
0.32
43.84%
AU:ASH
Ashley Services Group Ltd.
0.27
0.10
62.65%
AU:CVL
Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh
1.88
0.77
69.68%
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.