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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$0.80 - AU$2.02
Previous CloseN/A
Volume21.22K
Average Volume (3M)8.53K
Market Cap
AU$37.65M
Enterprise ValueAU$27.42M
Total Cash (Recent Filing)AU$10.49M
Total Debt (Recent Filing)AU$260.95K
Price to Earnings (P/E)8.5
Beta0.44
Next Earnings
Aug 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield9.22%
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
Bulls Say, Bears Say
Bulls Say
Low Leverage & Strong Equity BaseExtremely low leverage and a high equity ratio provide lasting financial flexibility to bid for panels, weather demand cycles, and support capital returns. High ROE shows efficient use of equity, enabling reinvestment into talent and systems without heavy borrowing.
Sustainable Profitability MarginsHealthy net and EBIT margins are durable for a staffing/consulting model that earns spreads on billings. Consistent margin levels support operating cash generation, fund hiring and training, and provide a buffer against pricing pressure in contract renewals.
Consistent Revenue Growth & Recurring ModelSteady top-line growth reflects repeatable demand for labour-hire and recruitment services, especially from government/commercial panels. A recurring contract/panel-driven model supports predictable revenue and utilization planning over the medium term.
Bears Say
Sharp Free Cash Flow DeclineA large drop in FCF growth materially weakens internal funding for working capital and investments. If sustained, this reduces buffer for slower periods, constrains discretionary spend on recruitment and systems, and pressures dividend sustainability.
Weak Cash Conversion Of EarningsLess than half of reported profit converts to operating cash, indicating timing or receivables and working-capital strain. This structural conversion gap raises risk that reported earnings will not reliably fund operations or distributions without cash management improvements.
Earnings Volatility / EPS DeclineSignificant negative EPS growth signals earnings volatility and potential margin pressure. Coupled with a noted slight decline in gross profit margin, this raises concerns about sustainability of profitability if pricing or utilization weakens in the medium term.
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$0.80 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$37.65M.
When is Hitech Group Australia Limited’s upcoming earnings report date?
Hitech Group Australia Limited’s upcoming earnings report date is Aug 06, 2026 which is in 15 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$0.045 which represents an annual dividend yield of 9.22%. 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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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.21%
12-Months-Change
Fundamentals
Return on Equity
9.22%
Trailing 12-Months
Asset Growth
4.92%
Trailing 12-Months
Company Description
Hitech Group Australia Limited
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 throughout Australia's public and private domains. A key service involves deploying skilled ICT contractors to fulfill clients' temporary or project-specific staffing requirements. The company's expertise extends beyond technology, providing staffing solutions for other fields such as office administration, sales and marketing, and finance. Moreover, HiTech Group supports government agencies by delivering specialized digital services for the initiation and execution of digital transformation projects. Its diverse clientele includes major players in telecommunications, finance, healthcare, consulting, IT, and fast-moving consumer goods (FMCG), in addition to federal and state government entities.
Technical Analysis
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