NASDAQ: HKITHitek Global Inc Stock
$1.29+0.02 (+1.57%)
Updated Dec 6, 2024
HKIT Price
$1.29
Fair Value Price
$0.43
Market Cap
$37.80M
52 Week Low
$0.54
52 Week High
$6.48
P/E
32.25x
P/B
1.34x
P/S
6.97x
PEG
N/A
Dividend Yield
N/A
Revenue
$3.45M
Earnings
$547.33k
Gross Margin
39.9%
Operating Margin
36.14%
Profit Margin
15.9%
Debt to Equity
0.55
Operating Cash Flow
$491k
Beta
1.24
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
HKIT Overview
Hitek Global Inc. provides information technology (IT) consulting and solutions to business in various industry sectors in China. It offers services to small and medium businesses, which consist of anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells hardware to large businesses, such as laptops, printers, desktop computers and related accessories, as well as Internet servers, cameras, and monitors. Hitek Global Inc. was founded in 1996 and is headquartered in Xiamen, China.
Zen Rating
Our proven quant model uses 115 proprietary factors, including AI, to determine HKIT's potential to beat the market
CHold
- Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More
Zen Rating Component Grades
C
Value
D
Growth
C
Momentum
C
Sentiment
D
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.
Industry: App
Industry Rating
B
HKIT
Ranked#151 of 206
Ranked#151 of 206
Top Ranked Stocks in Industry
| Name / Ticker | Price | Zen Rating |
|---|---|---|
| $1.40 | A | |
| $20.35 | A | |
| $3.78 | A |
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HKIT News
Overview
Due Diligence Score
–
Industry Average (28)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how HKIT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
HKIT ($1.29) is overvalued by 200.64% relative to our estimate of its Fair Value price of $0.43 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
HKIT ($1.29) is not significantly undervalued (200.64%) relative to our estimate of its Fair Value price of $0.43 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
HKIT was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more HKIT due diligence checks available for Premium users.
Valuation
HKIT fair value
Fair Value of HKIT stock based on Discounted Cash Flow (DCF)
Price
$1.29
Fair Value
$0.43
Overvalued by
200.64%
HKIT ($1.29) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HKIT ($1.29) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HKIT was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
HKIT price to earnings (PE)
For valuing profitable companies with steady earnings
Company
32.25x
Industry
39.31x
Market
29.86x
HKIT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HKIT is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation
HKIT price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
1.34x
Industry
8.32x
HKIT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
HKIT's financial health
Profit margin
Revenue
$0.0
Net Income
$0.0
Profit Margin
0%
HKIT's Earnings (EBIT) of $1.25M... subscribe to Premium to read more.
Interest Coverage Financials
HKIT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$43.5M
Liabilities
$15.4M
Debt to equity
0.55
HKIT's short-term assets ($37.29M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HKIT's short-term assets ($37.29M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HKIT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
N/A
Investing
N/A
Financing
N/A
HKIT's operating cash flow ($491.34k)... subscribe to Premium to read more.
Debt Coverage Financials
HKIT vs App Stocks
Hitek Global Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.