Hitech Group Australia Limited (AU:HIT)
ASX:HIT
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Hitech Group Australia Limited
(Sydney:HIT)
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Select Model
Rating:73Outperform
Price Target:
AU$1.50
▼(-7.98% Downside)
Action:ReiteratedDate:10/21/25
Hitech Group Australia Limited's strong financial performance and attractive valuation are the primary drivers of its stock score. However, weak technical indicators suggest caution in the short term. The absence of earnings call data and corporate events limits additional insights.
Positive Factors
Low Leverage & Strong Equity Base
Hitech's minimal leverage and high equity ratio provide durable financial flexibility, lowering insolvency risk and enabling reinvestment or opportunistic hiring to capture contract wins. A 55% ROE signals efficient capital use that supports sustained profitability and growth options.
Negative Factors
Free Cash Flow Decline
A sharp drop in free cash flow growth reduces internal funding for recruitment, technology, or working capital needs. Lower operating cash conversion implies earnings are less reliably available as cash, which can constrain growth investments or increase sensitivity to billing cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage & Strong Equity Base
Hitech's minimal leverage and high equity ratio provide durable financial flexibility, lowering insolvency risk and enabling reinvestment or opportunistic hiring to capture contract wins. A 55% ROE signals efficient capital use that supports sustained profitability and growth options.
Read all positive factors
Hitech Group Australia Limited (HIT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$53.30M
Dividend Yield6.25%
Average Volume (3M)8.53K
Price to Earnings (P/E)8.4
Beta (1Y)0.25
Revenue Growth6.72%
EPS Growth5.68%
CountryAU
Employees16
SectorIndustrials
Sector Strength72
IndustryStaffing & Employment Services
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
Hitech Group Australia Limited Business Overview & Revenue Model
Company Description
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 prov...
How the Company Makes Money
HIT makes money by recruiting and placing candidates into client roles and earning fees tied to those placements. Its main revenue stream is typically contracting/contingent labour placements: HIT employs or engages contractors (or facilitates the...
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
1.50
Negative
1.54
Negative
1.63
Negative
Market Momentum
-0.07
Positive
20.20
Positive
3.92
Positive
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 1.37, above the 50-day MA of 1.50, and above the 200-day MA of 1.63, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 20.20 is Positive, neither overbought nor oversold. The STOCH value of 3.92 is Positive, 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 |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$53.30M | 8.41 | 43.16% | 6.25% | 6.72% | 5.68% | |
64 Neutral | AU$31.20M | 2.14 | 11.53% | 5.20% | -7.29% | 60.64% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
47 Neutral | AU$70.05M | 64.68 | -6.36% | ― | -6.45% | -364.91% | |
43 Neutral | AU$11.42M | -1.74 | 146.06% | ― | 14.07% | -157.40% | |
39 Underperform | AU$6.52M | -3.20 | -247.24% | ― | -0.80% | -6.58% |
* Industrials Sector Average
AU:HIT
Hitech Group Australia Limited
1.26
-0.27
-17.75%
AU:AD1
AD1 Holdings Ltd
0.03
-0.03
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AU:HMI
Hiremii Ltd.
0.03
-0.02
-40.38%
AU:PPE
Peoplein Limited
0.64
-0.18
-21.95%
AU:ASH
Ashley Services Group Ltd.
0.21
0.04
26.51%
Hitech Group Australia Limited Corporate Events
HiTech Group Posts Lower H1 Profit but Backs Margin Recovery, Declares Dividend
Feb 23, 2026
HiTech Group Australia reported H1 FY2026 revenue of $33.6 million, down 3.3% year on year, with gross profit falling 29% as margins were squeezed under new supplier panel arrangements and increased investment in staff and systems. EBITDA came in ...
Hitech Group Australia Declares Interim Dividend of 4.5 Cents per Share
Feb 23, 2026
Hitech Group Australia Limited has declared a cash dividend of AUD 0.045 per ordinary fully paid share for the six-month period ended 31 December 2025. The distribution applies to holders of its HIT securities on the Australian Securities Exchange...
HiTech Group Posts Higher NTA but Trims Interim Dividend
Feb 23, 2026
HiTech Group Australia Limited reported revenue of $33.64 million for the half year ended 31 December 2025 and a profit after tax attributable to members of $2.04 million. Net tangible assets per share rose to $0.27 from $0.25 a year earlier, indi...
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.