45LOW

HCL

HIGHCOMLTD FPO [HCL]
HighCom Limited provides armors and technologies for defense sectors in Australia, the Asia Pacific, North America, Europe, and internationally. It operates through two segments, Armour Division and Technology Division. The company offers armour products comprising body armour, ballistic helmets, shields, composite armour panels, and platform structures. It also provides uncrewed aerial systems, control systems, and sensors, as well as project management, engineering, integration, repair and maintenance services, product support, and training services. The company was formerly known as XTEK Limited and changed its name to HighCom Limited in November 2023. HighCom Limited was incorporated in 2003 and is based in Symonston, Australia.
Industrials · ASX Small Cap
$0.1950 -2.5%

Updated 26 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +12First seen: 2026-02-25

Score Breakdown

Technical41
Catalyst59
Sentiment50
Fundamental46
Momentum38
Risk Gate50
Get alerts when HCL's score changes
Free watchlist with daily scans for 2,200+ ASX stocks
Track HCL — Free

Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • Beating the Small Ords index — relative strength of 1.12, so it's outpacing the pack
  • Volume-price trend suggests distribution — sellers may be sneaking out while price holds
  • Critical cash runway (2.0 quarters)
  • Low P/S ratio (0.8x)
  • Revenue in sharp decline (-59%)
  • EPS estimates revised upward (+10pts)
  • Near 52-week low (8% of range)
  • Small-cap ($20-100M)
  • CANSLIM I: Institutional ownership (14%)
  • Sentiment is mixed — no strong consensus either way
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic is stretched into overbought — could need a breather
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Deeply negative margins (-28%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -59% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-2.96%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
Ask Scout AI about HCL
"What's driving HCL's score?" "How does HCL compare to peers?" "Key risks for HCL?"
3 free messages/day · Unlimited with Pro

Recent Catalysts

NONE Results of meeting
NONE Change in substantial holding - Altor
NONE Application for quotation of securities - HCL
MEDIUM US$1.2m/A$1.7m body armour order

Recent ASX Announcements

2026-03-23 Results of meeting
2026-03-22 US$1.2m/A$1.7m body armour order
2026-03-15 Change in substantial holding - Altor
2026-03-09 Application for quotation of securities - HCL
2026-03-09 Results of Share Purchase Plan PRICE SENSITIVE

Key Metrics

$25.8M
Market Cap
227K
Avg Volume
1.1x
Vol Ratio
$0.17 — $0.53
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-33.1%
ROE
-28.4%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 58%
LLeader vs LaggardlaggardRS: -6
IInstitutional SponsorshippassInst: 14%
MMarket DirectionneutralNeutral

Sector: Industrials

Ranked #74 of 94 · Sector avg: 48

View all Industrials signals →
Related Tickers
EOS 60SKS 58SRG 57VBC 56LBL 56
Compare:HCL vs EOSHCL vs SKSHCL vs SRG
Scout Pro — Deeper Analysis for HCL
Try Pro free for 30 days
Share this analysis

Track HCL and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and conviction scoring for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required