RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Hitech Group Australia Stock

Hitech Group Australia P/S 2024

Hitech Group Australia P/S

1.03

Ticker

HIT.AX

ISIN

AU000000HIT1

WKN

A0ESLA

As of Aug 1, 2024, Hitech Group Australia's P/S ratio stood at 1.03, a -20.16% change from the 1.29 P/S ratio recorded in the previous year.

The Hitech Group Australia P/S history

Hitech Group Australia Aktienanalyse

What does Hitech Group Australia do?

Hitech Group Australia Ltd is a company based in Sydney, Australia. It was founded in 1991 and has since become a leading provider of electrical products and services. The business model of Hitech Group Australia Ltd is based on developing and manufacturing products that help customers improve their energy efficiency and save money. The company is divided into several business divisions. One of the main areas of focus for Hitech Group Australia Ltd is the production of energy efficiency products. This includes LED lighting systems, photovoltaic systems, and energy storage. These products are used by both businesses and consumers to reduce their energy consumption and costs. Another important business division for Hitech Group Australia Ltd is electrical installation. The company offers a wide range of electrical services, including the installation of lighting systems, security systems, and networks. Hitech Group Australia Ltd prides itself on providing its customers with a high level of technical expertise and a first-class service team. Hitech Group Australia Ltd also has a division for renewable energy. The company offers consulting services to businesses and consumers to facilitate the transition to clean energy. It also assists in the development and implementation of renewable energy projects, such as wind farms, solar installations, and biomass power plants. Hitech Group Australia Ltd has also specialized in manufacturing products for use in data centers. The company offers a wide range of products, including air conditioning, UPS systems, and power supplies. These products are used to ensure that data centers can operate around the clock and that no data loss occurs due to power outages or other issues. In recent years, Hitech Group Australia Ltd has also expanded in the field of electromobility. The company offers a wide range of electric chargers for all types of electric vehicles. It has also partnered with electric vehicle manufacturers to ensure seamless integration of charging stations with their vehicles. Over the years, the company has received numerous awards for its products and services. It is recognized by the Australian government for its outstanding contributions to energy efficiency. It has also been recognized by industry media for its innovative products and services. Hitech Group Australia Ltd has gained a reputation for its commitment to quality, innovation, and customer satisfaction. The company has become a leading provider of electrical products and services and aims to provide its customers with top-quality products and support. Answer: Hitech Group Australia Ltd is a leading provider of electrical products and services, specializing in energy efficiency, electrical installation, renewable energy, data center solutions, and electromobility. The company has received recognition from the Australian government and industry media for its outstanding contributions and innovative products. Hitech Group Australia Ltd is committed to providing high-quality products and customer support. Hitech Group Australia ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Hitech Group Australia's P/S Ratio

Hitech Group Australia's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Hitech Group Australia's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Hitech Group Australia's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Hitech Group Australia’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Hitech Group Australia stock

What is the price-to-earnings ratio of Hitech Group Australia?

The price-earnings ratio of Hitech Group Australia is currently 1.03.

How has the price-earnings ratio of Hitech Group Australia changed compared to last year?

The price-to-earnings ratio of Hitech Group Australia has increased by -20.16% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Hitech Group Australia high compared to other companies?

Yes, the price-to-earnings ratio of Hitech Group Australia is high compared to other companies.

How does an increase in the price-earnings ratio of Hitech Group Australia affect the company?

An increase in the price-earnings ratio of Hitech Group Australia would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Hitech Group Australia affect the company?

A decrease in the price-earnings ratio of Hitech Group Australia would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Hitech Group Australia?

Some factors that influence the price-earnings ratio of Hitech Group Australia are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Hitech Group Australia pay?

Over the past 12 months, Hitech Group Australia paid a dividend of 0.14 AUD . This corresponds to a dividend yield of about 7.11 %. For the coming 12 months, Hitech Group Australia is expected to pay a dividend of 0.14 AUD.

What is the dividend yield of Hitech Group Australia?

The current dividend yield of Hitech Group Australia is 7.11 %.

When does Hitech Group Australia pay dividends?

Hitech Group Australia pays a quarterly dividend. This is distributed in the months of January, April, October, April.

How secure is the dividend of Hitech Group Australia?

Hitech Group Australia paid dividends every year for the past 8 years.

What is the dividend of Hitech Group Australia?

For the upcoming 12 months, dividends amounting to 0.14 AUD are expected. This corresponds to a dividend yield of 7.11 %.

In which sector is Hitech Group Australia located?

Hitech Group Australia is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hitech Group Australia kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hitech Group Australia from 3/19/2024 amounting to 0.071 AUD, you needed to have the stock in your portfolio before the ex-date on 3/4/2024.

When did Hitech Group Australia pay the last dividend?

The last dividend was paid out on 3/19/2024.

What was the dividend of Hitech Group Australia in the year 2023?

In the year 2023, Hitech Group Australia distributed 0.174 AUD as dividends.

In which currency does Hitech Group Australia pay out the dividend?

The dividends of Hitech Group Australia are distributed in AUD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Hitech Group Australia

Our stock analysis for Hitech Group Australia Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hitech Group Australia Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.