WinstonWınston
Back
HiTech Group Australia Limited logo

HiTech Group Australia Limited

HIT.AX
57
Staffing & Employment Services · Industrials
Price
A$1.25
+0.00 (+0.00%)
Market Cap
A$52.9M
Exchange
Australian Securities Exchange
Winston Score
57
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Good
Growth
Mixed
Cash Flow
Strong
Stability
Exceptional
Valuation
Good
Dividends
Exceptional

Share count rising — dilution

+3.1% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 41.0M (2022) → 42.3M (2026)

Winston Score History

The full picture

HiTech Group Australia Limited is a staffing and workforce solutions company based in Australia. It connects businesses with skilled workers, focusing on technology, government, and professional services sectors. The company places contractors and permanent staff into roles across federal and state government agencies as well as private sector clients.

HiTech makes money by charging clients a fee or margin on top of the wages it pays to the workers it places. It operates primarily in Australia, and despite its small market capitalisation, it generates a notably high return on invested capital, suggesting efficient use of its resources relative to competitors. The company's long-standing relationships with government clients provide some stability, but its small size and concentration in the Australian public sector mean that changes in government spending or hiring freezes could meaningfully hurt revenue.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
14.0%
Thin — 14.0% gross margin
Profit after running costs
Operating Margin
8.5%
Modest — 8.5% operating margin
Return on the money invested
ROCE
52.7%
Exceptional — 52.7% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-3.1%
Shrinking sales (-3.1% YoY)
Profit growth
EPS YoY
-35.7%
Earnings shrinking (-35.7% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
123%
Turns 123% of profit into real cash
Spare cash per sale
FCF Margin
4.2%
Thin free cash flow (4.2%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.01
Conservative — low debt load (0.01)
Covers its interest
Interest Cover
100.00x
Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
12.9x
Attractive valuation — P/E 12.9

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
-1.1
SLOWING
Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
7.20%
Healthy income — 7.20% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
+18.2%
Dividend growing fast (18.2% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial