Hitech Group Australia Ltd
ASX:HIT

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Hitech Group Australia Ltd Logo
Hitech Group Australia Ltd
ASX:HIT
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Price: 1.96 AUD Market Closed
Market Cap: 82.9m AUD
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Relative Value

The Relative Value of one HIT stock under the Base Case scenario is 1.95 AUD. Compared to the current market price of 1.96 AUD, Hitech Group Australia Ltd is Overvalued by 1%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HIT Relative Value
Base Case
1.95 AUD
Overvaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.3
P/S
P/S
Price to Sales
1.3
vs History
68
vs Industry
48
Median 3Y
1.3
Median 5Y
1.3
Industry
1.3
More Details
13.7
P/E
P/E
Price to Earnings
13.7
vs History
90
vs Industry
49
Median 3Y
16.3
Median 5Y
16.1
Industry
19
More Details
12.8
P/OCF
P/OCF
Price to OCF
12.8
vs History
53
vs Industry
31
Median 3Y
12.2
Median 5Y
12.8
Industry
13.4
More Details
14.4
P/FCFE
P/FCFE
Price to FCFE
14.4
vs History
44
vs Industry
38
Median 3Y
13.6
Median 5Y
13.4
Industry
18.3
More Details
8.8
P/B
P/B
Price to Book Value
8.8
vs History
74
vs Industry
5
Median 3Y
10.4
Median 5Y
9.9
Industry
2.4
More Details
1.1
EV/S
EV/S
Enterprise Value to Sales
1.1
vs History
73
vs Industry
50
Median 3Y
1.1
Median 5Y
1.1
Industry
1.3
More Details
5.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.4
vs History
93
vs Industry
25
Median 3Y
6.8
Median 5Y
7.1
Industry
3.3
More Details
8.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.1
vs History
96
vs Industry
43
Median 3Y
10.1
Median 5Y
10.2
Industry
10.4
More Details
8.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
8.1
vs History
96
vs Industry
50
Median 3Y
10.1
Median 5Y
10.2
Industry
12.7
More Details
11
EV/OCF
EV/OCF
Enterprise Value to OCF
11
vs History
61
vs Industry
31
Median 3Y
11
Median 5Y
11
Industry
12.6
More Details
11
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
11
vs History
57
vs Industry
34
Median 3Y
10.9
Median 5Y
11
Industry
14.7
More Details
90.9
EV/IC
EV/IC
Enterprise Value to IC
90.9
vs History
20
vs Industry
0
Median 3Y
54.4
Median 5Y
49.4
Industry
1.7
More Details

Multiples Across Competitors

HIT Competitors Multiples
Hitech Group Australia Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Hitech Group Australia Ltd
ASX:HIT
82.9m AUD 1.3 13.7 8.1 8.1
JP
Outsourcing Inc
TSE:2427
3 854 332.4T JPY 5 141 797.4 746 674 240.5 84 306 673.3 150 819 083.2
JP
Recruit Holdings Co Ltd
TSE:6098
18.5T JPY 5.3 51 32.6 41.2
US
Robert Half Inc
SWB:RHJ
11.5B EUR 2 42 38.4 46.8
US
Robert Half International Inc
NYSE:RHI
7.4B USD 1.3 25.9 23.1 28.2
NL
Randstad NV
AEX:RAND
6.9B EUR 0.3 16.1 7.7 12.9
US
TriNet Group Inc
NYSE:TNET
4.4B USD 0.9 16.8 12.3 15
CH
Adecco Group AG
SIX:ADEN
3.7B CHF 0.2 13.2 6.8 9.3
CN
51job Inc
F:IWQ
3.9B EUR 6.7 46.1 35.7 36.4
US
ASGN Inc
NYSE:ASGN
3.8B USD 0.9 20.6 11.3 14.9
US
Alight Inc
NYSE:ALIT
3.7B USD 1.4 -11.2 11.6 79.5
P/E Multiple
Earnings Growth P/E to Growth
AU
Hitech Group Australia Ltd
ASX:HIT
Average P/E: 74 667 448.6
13.7
N/A N/A
JP
Outsourcing Inc
TSE:2427
746 674 240.5
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
51
72%
0.7
US
R
Robert Half Inc
SWB:RHJ
42
4%
11
US
Robert Half International Inc
NYSE:RHI
25.9
4%
6.7
NL
R
Randstad NV
AEX:RAND
16.1
24%
0.7
US
TriNet Group Inc
NYSE:TNET
16.8
-11%
N/A
CH
A
Adecco Group AG
SIX:ADEN
13.2
96%
0.1
CN
5
51job Inc
F:IWQ
46.1
N/A N/A
US
ASGN Inc
NYSE:ASGN
20.6
35%
0.6
US
Alight Inc
NYSE:ALIT
Negative Multiple: -11.2 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Hitech Group Australia Ltd
ASX:HIT
Average EV/EBITDA: 7 664 260.1
8.1
N/A N/A
JP
Outsourcing Inc
TSE:2427
84 306 673.3
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
32.6
46%
0.7
US
R
Robert Half Inc
SWB:RHJ
38.4
20%
1.9
US
Robert Half International Inc
NYSE:RHI
23.1
20%
1.1
NL
R
Randstad NV
AEX:RAND
7.7
5%
1.5
US
TriNet Group Inc
NYSE:TNET
12.3
-7%
N/A
CH
A
Adecco Group AG
SIX:ADEN
6.8
13%
0.5
CN
5
51job Inc
F:IWQ
35.7
N/A N/A
US
ASGN Inc
NYSE:ASGN
11.3
14%
0.8
US
Alight Inc
NYSE:ALIT
11.6
26%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Hitech Group Australia Ltd
ASX:HIT
Average EV/EBIT: 13 710 852.3
8.1
N/A N/A
JP
Outsourcing Inc
TSE:2427
150 819 083.2
N/A N/A
JP
Recruit Holdings Co Ltd
TSE:6098
41.2
N/A N/A
US
R
Robert Half Inc
SWB:RHJ
46.8
21%
2.2
US
Robert Half International Inc
NYSE:RHI
28.2
21%
1.3
NL
R
Randstad NV
AEX:RAND
12.9
18%
0.7
US
TriNet Group Inc
NYSE:TNET
15
-20%
N/A
CH
A
Adecco Group AG
SIX:ADEN
9.3
21%
0.4
CN
5
51job Inc
F:IWQ
36.4
N/A N/A
US
ASGN Inc
NYSE:ASGN
14.9
9%
1.7
US
Alight Inc
NYSE:ALIT
79.5
-91%
N/A

See Also

Summary
HIT intrinsic value, competitors valuation, and company profile.
DCF Valuation
HIT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HIT stock valuation using valuation multiples.
Wall Street Estimates
HIT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HIT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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