NASDAQ: HKITHitek Global Inc Stock
$1.35-0.07 (-4.93%)
Updated Apr 26, 2024
HKIT Price
$1.35
Fair Value Price
$0.57
Market Cap
$19.43M
52 Week Low
$0.54
52 Week High
$39.80
P/E
16.88x
P/B
0.69x
P/S
3.05x
PEG
N/A
Dividend Yield
N/A
Revenue
$4.56M
Earnings
$1.05M
Gross Margin
42.1%
Operating Margin
41.82%
Profit Margin
23%
Debt to Equity
0.25
Operating Cash Flow
-$62k
Beta
1.72
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 Score
–
Industry Average (27)
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Due Diligence Checks
HKIT ($1.35) is overvalued by 136.76% relative to our estimate of its Fair Value price of $0.57 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
HKIT ($1.35) is not significantly undervalued (136.76%) relative to our estimate of its Fair Value price of $0.57 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
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Valuation
HKIT fair value
Fair Value of HKIT stock based on Discounted Cash Flow (DCF)
Price
$1.35
Fair Value
$0.57
Overvalued by
136.76%
HKIT ($1.35) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HKIT ($1.35) 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
16.88x
Industry
91.33x
Market
41.14x
HKIT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HKIT is good 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
0.69x
Industry
6.53x
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 cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
HKIT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$35.4M
Liabilities
$7.1M
Debt to equity
0.25
HKIT's short-term assets ($24.79M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HKIT's short-term assets ($24.79M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HKIT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt 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 cash and short-term investments... 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.