Hitech Group Australia Stock Return On Equity
| HIT Stock | 1.60 0.02 1.23% |
Hitech Group's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Hitech Stock price.
Hitech | Return On Equity |
Hitech Group Australia Company Return On Equity Analysis
Hitech Group's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Hitech Group Return On Equity | 0.61 |
Most of Hitech Group's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hitech Group Australia is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Hitech Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Hitech Group Australia has a Return On Equity of 0.6081. This is 38.2% higher than that of the Professional Services sector and significantly higher than that of the Industrials industry. The return on equity for all Australia stocks is notably lower than that of the firm.
Hitech Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hitech Group's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hitech Group could also be used in its relative valuation, which is a method of valuing Hitech Group by comparing valuation metrics of similar companies.Hitech Group is currently under evaluation in return on equity category among its peers.
Hitech Fundamentals
| Return On Equity | 0.61 | ||||
| Return On Asset | 0.31 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 58.26 M | ||||
| Shares Outstanding | 42.3 M | ||||
| Shares Owned By Insiders | 77.80 % | ||||
| Shares Owned By Institutions | 2.70 % | ||||
| Price To Book | 5.83 X | ||||
| Price To Sales | 1.00 X | ||||
| Revenue | 67.71 M | ||||
| Gross Profit | 12.66 M | ||||
| EBITDA | 8.7 M | ||||
| Net Income | 6.38 M | ||||
| Cash And Equivalents | 6.84 M | ||||
| Total Debt | 445.89 K | ||||
| Book Value Per Share | 0.27 X | ||||
| Cash Flow From Operations | 2.68 M | ||||
| Earnings Per Share | 0.15 X | ||||
| Target Price | 1.23 | ||||
| Number Of Employees | 17 | ||||
| Beta | 0.012 | ||||
| Market Capitalization | 67.68 M | ||||
| Total Asset | 18.17 M | ||||
| Retained Earnings | 6.93 M | ||||
| Working Capital | 7.42 M | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 18.17 M | ||||
| Last Dividend Paid | 0.1 |
About Hitech Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hitech Group Australia's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hitech Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hitech Group Australia based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Hitech Stock Analysis
When running Hitech Group's price analysis, check to measure Hitech Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hitech Group is operating at the current time. Most of Hitech Group's value examination focuses on studying past and present price action to predict the probability of Hitech Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitech Group's price. Additionally, you may evaluate how the addition of Hitech Group to your portfolios can decrease your overall portfolio volatility.