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HiTech Group Australia LimitedASX:HIT Stock Report

Market Cap AU$36.6m
Share Price
AU$0.86
AU$1.75
50.6% undervalued intrinsic discount
1Y-45.9%
7D-3.9%
1D
Portfolio Value
View

HiTech Group Australia Limited

ASX:HIT Stock Report

Market Cap: AU$36.6m

HiTech Group Australia (HIT) Stock Overview

Provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. More details

HIT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends5/6

HIT Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Top Community Narratives

AU$1.75
FV
50.6% undervalued intrinsic discount
4.41%
Revenue growth p.a.
120
users have viewed this narrative
3users have liked this narrative
1users have commented on this narrative
3users have followed this narrative

HiTech Group Australia Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for HiTech Group Australia
Historical stock prices
Current Share PriceAU$0.86
52 Week HighAU$2.02
52 Week LowAU$0.80
Beta0.039
1 Month Change-18.40%
3 Month Change-49.12%
1 Year Change-45.94%
3 Year Change-52.21%
5 Year Change-52.47%
Change since IPO35.16%

Recent News & Updates

New Narrative Apr 25

A baby being thrown out with the AI bathwater?

As a bargain hunter, I often find myself drawn to companies that have been heavily sold off, on the assumption that Mr Market may be acting irrationally and has overshot to the downside. HiTech Group Australia Limited may be one such case.

Recent updates

New Narrative Apr 25

A baby being thrown out with the AI bathwater?

As a bargain hunter, I often find myself drawn to companies that have been heavily sold off, on the assumption that Mr Market may be acting irrationally and has overshot to the downside. HiTech Group Australia Limited may be one such case.
Analysis Article Aug 16

HiTech Group Australia (ASX:HIT) Is Paying Out A Dividend Of A$0.05

HiTech Group Australia Limited ( ASX:HIT ) will pay a dividend of A$0.05 on the 17th of September. The dividend yield...
Analysis Article Jul 28

HiTech Group Australia Limited's (ASX:HIT) Share Price Is Matching Sentiment Around Its Earnings

HiTech Group Australia Limited's ( ASX:HIT ) price-to-earnings (or "P/E") ratio of 11.5x might make it look like a buy...
Analysis Article Sep 14

A Look At The Intrinsic Value Of HiTech Group Australia Limited (ASX:HIT)

Key Insights HiTech Group Australia's estimated fair value is AU$2.16 based on 2 Stage Free Cash Flow to Equity HiTech...
Analysis Article Aug 07

Does HiTech Group Australia (ASX:HIT) Deserve A Spot On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Nov 01

Here's Why We Think HiTech Group Australia (ASX:HIT) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jan 20

Here's Why I Think HiTech Group Australia (ASX:HIT) Is An Interesting Stock

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Jul 28

Here's Why I Think HiTech Group Australia (ASX:HIT) Might Deserve Your Attention Today

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article Apr 17

Does HiTech Group Australia (ASX:HIT) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 01

Estimating The Fair Value Of HiTech Group Australia Limited (ASX:HIT)

Does the March share price for HiTech Group Australia Limited ( ASX:HIT ) reflect what it's really worth? Today, we...
Analysis Article Feb 11

Our View On HiTech Group Australia's (ASX:HIT) CEO Pay

Elias Hazouri became the CEO of HiTech Group Australia Limited ( ASX:HIT ) in 2016, and we think it's a good time to...
Analysis Article Jan 21

Is HiTech Group Australia Limited's (ASX:HIT) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

HiTech Group Australia's (ASX:HIT) stock is up by a considerable 36% over the past three months. We wonder if and what...
Analysis Article Dec 31

Should You Be Adding HiTech Group Australia (ASX:HIT) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 10

HiTech Group Australia (ASX:HIT) Has Rewarded Shareholders With An Exceptional 703% Total Return On Their Investment

We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can...
Analysis Article Jul 17

Should You Rely On HiTech Group Australia's (ASX:HIT) Earnings Growth?

Broadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...
Analysis Article Jun 26

Is HiTech Group Australia Limited's (ASX:HIT) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

HiTech Group Australia (ASX:HIT) has had a great run on the share market with its stock up by a significant 45% over...

Shareholder Returns

HITAU Professional ServicesAU Market
7D-3.9%7.9%0.08%
1Y-45.9%-0.2%3.1%

Return vs Industry: HIT underperformed the Australian Professional Services industry which returned -1.4% over the past year.

Return vs Market: HIT underperformed the Australian Market which returned 2.9% over the past year.

Price Volatility

Is HIT's price volatile compared to industry and market?
HIT volatility
HIT Average Weekly Movement8.1%
Professional Services Industry Average Movement7.4%
Market Average Movement10.5%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.3%

Stable Share Price: HIT has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: HIT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199317Elias Hazouriwww.hitechaust.com

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. The company’s ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. It offers personnel services comprising staffing solutions, office administration, sales and marketing, and financing solutions.

HiTech Group Australia Limited Fundamentals Summary

How do HiTech Group Australia's earnings and revenue compare to its market cap?
HIT fundamental statistics
Market capAU$36.59m
Earnings (TTM)AU$4.98m
Revenue (TTM)AU$66.69m
7.4x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HIT income statement (TTM)
RevenueAU$66.69m
Cost of RevenueAU$56.10m
Gross ProfitAU$10.59m
Other ExpensesAU$5.61m
EarningsAU$4.98m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin15.88%
Net Profit Margin7.46%
Debt/Equity Ratio0%

How did HIT perform over the long term?

See historical performance and comparison

Dividends

10.4%
Current Dividend Yield
81%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/23 09:21
End of Day Share Price 2026/05/19 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HiTech Group Australia Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark YarwoodPAC Partners Securities Pty. Ltd.