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HiTech Group AustraliaASX:HIT +2.17%77 Return-on-Tangible-Equity is 35.35% as of Dec. 2025, which is 30% below its 10-year median of 50.74. GuruFocus rates ASX:HIT with a GF Score™ of 77/100 and a GF Value™ of A$1.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,009 Business Services companies, HiTech Group Australia ranks better than 84.14% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. HiTech Group Australia's annualized net income for the quarter that ended in Dec. 2025 was A$4.08 Mil. HiTech Group Australia's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$11.53 Mil. Therefore, HiTech Group Australia's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 35.35%.
The historical rank and industry rank for HiTech Group Australia's Return-on-Tangible-Equity or its related term are showing as below:
ASX:HIT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 36.51 Med: 50.74 Max: 72.31
Current: 44.17
During the past 13 years, HiTech Group Australia's highest Return-on-Tangible-Equity was 72.31%. The lowest was 36.51%. And the median was 50.74%.
ASX:HIT's Return-on-Tangible-Equity is ranked better than 84.14% of 1009
companies
in the Business Services industry
Industry Median: 10.57
vs ASX:HIT: 44.17
HiTech Group Australia (ASX:HIT) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
HiTech Group Australia Return-on-Tangible-Equity Related Terms
HiTech Group Australia Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for HiTech Group Australia's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HiTech Group Australia Return-on-Tangible-Equity Chart
ASX:HIT vs KFY, RHI, TNET: Return-on-Tangible-Equity Comparison
For the Staffing & Employment Services subindustry, HiTech Group Australia's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HiTech Group Australia Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 35.35% mean?
HiTech Group Australia (ASX:HIT) has a Return-on-Tangible-Equity of 35.35% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HiTech Group Australia and its competitors. This is 30% below median its historical median of 50.74. Over the past decade, HiTech Group Australia's Return-on-Tangible-Equity has ranged from 36.51 to 72.31. According to the industry distribution chart, HiTech Group Australia ranks #160 out of 1009 companies in the Business Services industry, placing it in the top 15.9%.
Is HiTech Group Australia's Return-on-Tangible-Equity too high?
HiTech Group Australia's current Return-on-Tangible-Equity of 35.35% is 30% below median its 10-year median of 50.74. Over the past 10 years, this metric has ranged from a low of 36.51 to a high of 72.31. The Business Services industry median Return-on-Tangible-Equity is 10.57. HiTech Group Australia's value of 35.35% is 234.4% above this industry median. Based on the distribution chart, HiTech Group Australia ranks #160 out of 1009 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, HiTech Group Australia has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's Return-on-Tangible-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, HiTech Group Australia ranks #160 out of 1009 companies for Return-on-Tangible-Equity. This places HiTech Group Australia in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.57. HiTech Group Australia's value of 35.35% is 234.4% above this benchmark. Historically, HiTech Group Australia's own Return-on-Tangible-Equity has ranged from 36.51 to 72.31 over the past decade. While the company's 10-year median is 50.74 vs. the industry median of 10.57, HiTech Group Australia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.57, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HiTech Group Australia's current Return-on-Tangible-Equity of 35.35% is 234.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HiTech Group Australia and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HiTech Group Australia's current Return-on-Tangible-Equity is 35.35%, which is 30% below median its own 10-year median of 50.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$0.94 — trading 50.3% below its estimated fair value. The current Return-on-Tangible-Equity is 35.35%, which is 30% below median its 10-year median of 50.74 and 234.4% above the Business Services industry median of 10.57. HiTech Group Australia's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For HiTech Group Australia (ASX:HIT), the current Return-on-Tangible-Equity is 35.35% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HiTech Group Australia (ASX:HIT) Overvalued in 2026?
Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued.
The current stock price of A$0.94 is trading 50.3% below its estimated GF Value™ of A$1.89.
GuruFocus considers HiTech Group Australia to be Possible Value Trap.
Key valuation signals for ASX:HIT:
Return-on-Tangible-Equity: 35.35% (30% below median its 10-year median of 50.74)
GF Value™: A$1.89 vs. price of A$0.94 (50.3% below fair value)
Industry Position: 234.4% above the Business Services median (#160 of 1009)
No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
77GF Score
Get the complete analysis for ASX:HIT
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