Hitech Group Australia Limited (HIT) AI Stock Analysis

• Market Cap: AU$71.70M
• Dividend Yield: 6.06%
• Average Volume (3M): 8.53K
• Price to Earnings (P/E): 11.2
• Beta (1Y): -0.06
• Revenue Growth: 6.72%
• EPS Growth: 5.68%
• Country: AU
• Employees: 16
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): 0.07
• Shares Outstanding: 42,300,000
• 10 Day Avg. Volume: 2,690
• 30 Day Avg. Volume: 8,525
• PEG Ratio: 1.48
• Price to Book (P/B): 5.82
• Price to Sales (P/S): 0.99
• P/FCF Ratio: 27.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: AU$2.00 ▲(21.21% Upside)

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.

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 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.

How the Company Makes Money

Hitech Group Australia Limited generates revenue through multiple channels, primarily by offering software solutions and IT consulting services to businesses across various industries. The company operates on a project-based revenue model, where earnings are derived from contracts for custom software development, system integration, and ongoing IT support services. Additionally, HIT earns revenue through the sale of telecommunications infrastructure and related services, including installation and maintenance. Strategic partnerships with other technology firms and service providers further enhance HIT's capabilities, allowing the company to offer comprehensive solutions that drive additional revenue streams. The demand for digital transformation and enhanced connectivity in the market also significantly contributes to the company's earnings potential.

Hitech Group Australia Limited Financial Statement Overview

Summary

Hitech Group Australia Limited demonstrates strong financial health with consistent profitability and robust cash flow. The company maintains stability in its balance sheet with low leverage, effectively generating cash flow to support operations and investments. Despite minor fluctuations in revenue, the company's financial performance remains solid with efficient cost management and liquidity.

Income Statement

Hitech Group Australia Limited has shown healthy revenue growth with a significant increase from 2019 to 2024. Gross profit margins have remained stable, and the company has maintained a strong EBIT margin, indicating efficient cost management. The net profit margin is also strong, reflecting consistent profitability. While revenue decreased in 2024 compared to 2023, overall margins have improved, showcasing resilience in operations.

Balance Sheet

The company maintains a strong balance sheet with high equity relative to debt, reflected in a low debt-to-equity ratio. Equity has grown over the years, contributing to a stable financial position. However, the equity ratio fluctuates, indicating some variability in asset financing. Overall, the balance sheet reflects financial stability with manageable liabilities.

Cash Flow

Operating cash flow has been robust, consistently covering net income, which indicates strong cash generation ability. Free cash flow has shown growth, enabling the company to maintain liquidity and invest in growth opportunities. The consistent positive free cash flow to net income ratio suggests healthy cash management practices.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	67.71M	67.71M	63.45M	74.36M	62.98M	42.05M
Gross Profit	12.66M	12.66M	12.81M	10.99M	9.30M	7.06M
EBITDA	8.70M	8.70M	8.59M	7.35M	6.76M	5.00M
Net Income	6.38M	6.38M	6.03M	5.44M	4.40M	3.64M
Balance Sheet
Total Assets	18.17M	18.17M	17.27M	15.36M	12.97M	11.10M
Cash, Cash Equivalents and Short-Term Investments	9.65M	9.65M	12.11M	10.58M	10.01M	6.61M
Total Debt	445.89K	445.89K	1.35M	2.42M	148.57K	250.47K
Total Liabilities	6.60M	6.60M	7.85M	7.75M	5.54M	4.79M
Stockholders Equity	11.57M	11.57M	9.42M	7.61M	7.43M	6.32M
Cash Flow
Free Cash Flow	2.41M	2.41M	6.42M	6.18M	7.47M	2.68M
Operating Cash Flow	2.68M	2.68M	6.46M	6.19M	7.49M	2.88M
Investing Cash Flow	-264.83K	-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: Negative
• Last Price: 1.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: 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 1.65 is below the 20-day moving average (MA) of 1.80, below the 50-day MA of 1.84, and below the 200-day MA of 1.72, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 23.53 is Positive, neither overbought nor oversold. The STOCH value of 7.84 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HIT	―	AU$71.70M	11.23	60.81%	6.06%	6.72%	5.68%
ASH	―	AU$31.67M	15.23	7.05%	4.73%	-7.29%	60.64%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
PPE	―	AU$97.65M	-7.41	-8.39%	―	-6.45%	-364.91%
AD1	―	AU$14.84M	-0.90	―	―	14.07%	-157.40%
HMI	―	AU$8.31M	―	-215.06%	―	-0.80%	-6.58%

Hitech Group Australia Limited Corporate Events

HiTech Group Australia Announces 2025 AGM Details

HiTech Group Australia Limited has announced its 2025 Annual General Meeting (AGM) scheduled for November 21, 2025, in Sydney. The AGM will address the re-election of director George Shad and the adoption of the remuneration report. Shareholders are encouraged to participate in the voting process, either in person or by proxy, with specific instructions provided for proxy appointments. The outcomes of the AGM are expected to influence the company’s governance and remuneration practices.

The most recent analyst rating on (AU:HIT) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Hitech Group Australia Limited stock, see the AU:HIT Stock Forecast page.

HiTech Group Australia Releases Updated Corporate Governance Statement

HiTech Group Australia Limited has released its corporate governance statement for the financial year ending June 30, 2025. The statement, which is available on their website and in their annual report, outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations. This announcement confirms that the governance statement is up to date as of September 17, 2025, and has been approved by the board, ensuring transparency and compliance with ASX listing rules.

The most recent analyst rating on (AU:HIT) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Hitech Group Australia Limited stock, see the AU:HIT Stock Forecast page.

HiTech Group Australia Limited Releases 2025 Annual Report

HiTech Group Australia Limited has released its Annual Report for 2025, highlighting its financial performance and corporate governance practices. The report provides insights into the company’s strategic direction and operational achievements, which are crucial for stakeholders to understand the company’s market positioning and future prospects.

The most recent analyst rating on (AU:HIT) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Hitech Group Australia Limited stock, see the AU:HIT Stock Forecast page.

HiTech Group Australia Limited Releases FY25 Results with Important Disclaimers

HiTech Group Australia Limited has released its FY25 results, emphasizing its commitment to providing comprehensive information to stakeholders. The company has issued a disclaimer regarding the accuracy and completeness of the information provided, advising recipients to conduct their own investigations. The release highlights the company’s adherence to legal requirements and cautions about the risks associated with securities transactions, emphasizing that the presentation is for informational purposes only and not an investment offer.

The most recent analyst rating on (AU:HIT) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Hitech Group Australia Limited stock, see the AU:HIT Stock Forecast page.

HiTech Group Reports Strong Revenue Growth Amid Rising ICT Demand

HiTech Group Australia Limited reported a 7.1% increase in operating revenue to $68.15 million for the financial year ending June 2025, with a 10% rise in underlying NPAT to $6.64 million. The company’s strong financial performance is attributed to sustained demand for ICT services, particularly from government sectors facing cybersecurity challenges and digital transformation needs. HiTech’s agile business model and expertise in ICT services position it well to continue meeting the growing demand for secure digital solutions, reinforcing its industry leadership and commitment to innovation.

Hitech Group Australia Limited Announces Dividend Distribution

Hitech Group Australia Limited has announced a new dividend distribution of AUD 0.05 per ordinary fully paid share, relating to the six-month period ending June 30, 2025. The ex-date for the dividend is September 3, 2025, with a record date of September 4, 2025, and payment scheduled for September 17, 2025. This announcement reflects the company’s ongoing financial health and commitment to returning value to its shareholders.

HiTech Group Australia Reports Revenue Growth and Strong Financial Position for FY2025

HiTech Group Australia Limited reported a 7.1% increase in operating revenue to $68.15 million for the financial year ending June 30, 2025, with a net profit attributable to members rising by 5.79% to $6.38 million. The company maintains a strong balance sheet with zero debt and a positive cash balance, and has declared a fully franked dividend of 5 cents per share. HiTech’s robust business model and reputation for quality ensure consistent demand, positioning the company to capitalize on the ongoing need for top ICT talent while managing operating costs to align with revenue and profitability targets.