Hitech Group Australia Ltd
ASX:HIT
Intrinsic Value
Hitech Group Australia Ltd. provides recruitment services for permanent and contract staff to the ICT sector. [ Read More ]
The intrinsic value of one
HIT
stock under the Base Case scenario is
1.9
AUD.
Compared to the current market price of 1.98 AUD,
Hitech Group Australia Ltd
is
Overvalued by 4%.
Hitech Group Australia Ltd's market capitalization is 83.3m AUD.
HIT stock price is 1.98 AUD.
HIT stock (1.9 AUD) is 4% less than its price (1.98 AUD).
HIT has downside potential of 38% compared to the average analyst price target.
Open Wall St Estimates
HIT has positive Operating Income for the last twelve months.
HIT has positive Net Income for the last twelve months.
HIT has positive Gross Profit for the last twelve months.
HIT's Revenue has dropped by 8% over the past 12 months.
HIT has positive Free Cash Flow for the last twelve months.
HIT's Revenue has been growing by an exceptional 23% per year for the last 3 years.
HIT's ROE (Return on Equity) has significantly increased in the last 3 years from 50% to 76%.
HIT's ROIC (Return on Invested Capital) has significantly decreased in the last 3 years from 150% to -3 158%.
HIT's long-term assets (18m AUD) exceed its long-term liabilties (9m AUD).
HIT's short-term assets (14m AUD) exceed its short-term liabilties (7m AUD).
HIT's ROE (Return on Equity) for the past 12 months is very high and is equal to 76%.
HIT's ROIC (Return on Invested Capital) for the past 12 months is negative and is equal to -3 158%.
HIT's D/E (Debt to Equity) is very low and is equal to 0.22.
HIT has very high three-year average ROE (Return on Equity): 63%. The company is very efficient at transforming stockholders' equity into net income.
HIT has very high three-year average ROIC (Return on Invested Capital): 636%. The company is very efficient at using invested capital to generate operating income.
HIT has negative Net Debt. This means that the company has more cash and short-term investments (10m AUD) than debt (2m AUD).
HIT's Altman Z-Score is very high and is equal to 11.29.
Valuation Backtest
Hitech Group Australia Ltd
Run backtest to discover the historical profit from buying and selling
HIT
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Hitech Group Australia Ltd
Balance Sheet Decomposition
Hitech Group Australia Ltd
| Current Assets | 14.3m |
| Cash & Short-Term Investments | 10.2m |
| Receivables | 4m |
| Other Current Assets | 110.7k |
| Non-Current Assets | 3.2m |
| PP&E | 2.5m |
| Other Non-Current Assets | 725.9k |
| Current Liabilities | 6.7m |
| Accounts Payable | 6m |
| Accrued Liabilities | 553.7k |
| Other Current Liabilities | 180.5k |
| Non-Current Liabilities | 2.6m |
| Long-Term Debt | 1.8m |
| Other Non-Current Liabilities | 824.7k |
Earnings Waterfall
Hitech Group Australia Ltd
|
Revenue
|
67.8m
AUD
|
|
Cost of Revenue
|
-54.8m
AUD
|
|
Gross Profit
|
12.9m
AUD
|
|
Operating Expenses
|
-4.6m
AUD
|
|
Operating Income
|
8.4m
AUD
|
|
Other Expenses
|
-2.5m
AUD
|
|
Net Income
|
5.9m
AUD
|
Free Cash Flow Analysis
Hitech Group Australia Ltd
HIT Profitability Score
Profitability Due Diligence
Hitech Group Australia Ltd's profitability score is 67/100. The higher the profitability score, the more profitable the company is.
Score
Hitech Group Australia Ltd's profitability score is 67/100. The higher the profitability score, the more profitable the company is.
HIT Solvency Score
Solvency Due Diligence
Hitech Group Australia Ltd's solvency score is 77/100. The higher the solvency score, the more solvent the company is.
Score
Hitech Group Australia Ltd's solvency score is 77/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
HIT Price Targets Summary
Hitech Group Australia Ltd
According to Wall Street analysts, the average 1-year price target for
HIT
is 1.23 AUD
.
Shareholder Return
HIT Price
Hitech Group Australia Ltd
| Average Annual Return | 28.35% |
| Standard Deviation of Annual Returns | 25.93% |
| Max Drawdown | -50% |
| Market Capitalization | 83.3m AUD |
| Shares Outstanding | 42 300 000 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
Hitech Group Australia Ltd
Country
Industry
Market Cap
Dividend Yield
Description
Hitech Group Australia Ltd. provides recruitment services for permanent and contract staff to the ICT sector. The company is headquartered in Sydney, New South Wales. The company went IPO on 2000-04-17. The firm provides staffing solution in the areas of ICT, finance, administration and human resources (HR), and sales and marketing through its talent service business, HiTech Personnel. Its recruitment and consulting system, HiBase, is a cloud-based platform that enables them to serve clients through its candidate and client database. Its portfolio is a mix of private and public organizations. The firm focuses on a range of industries, including telecommunications company, finance, healthcare, consulting, IT and fast-moving consumer goods (FMCG). The company also provides solutions, such as security and cybersecurity, mobile solutions, big data and analytics, data centers, Internet of things (IOT), procurement, cloud services and many others. The company provides services to Australian and international organizations.
Contact
IPO
Employees
Officers
The intrinsic value of one
HIT
stock under the Base Case scenario is
1.9
AUD.
Compared to the current market price of 1.98 AUD,
Hitech Group Australia Ltd
is
Overvalued by 4%.
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