HYDRIX Ltd (HYD) fair value: what the stock is really worth
We calculate from audited financials what HYDRIX Ltd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Valuation from Sep 13, 2026. With the latest figures (losses, negative cash flow), a fair value can no longer be calculated.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range A$0.0020 – A$0.1596 · fair‑value band A$0.0030 – A$0.0032 · the A$0.0030 price screens below the A$0.0031 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 13, 2026.
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Hydrix Limited, together with its subsidiaries, operates as a product design and engineering company in Australia, Europe, North America, Singapore, and internationally. It operates in three segments: Hydrix Services, Hydrix Medical, and Hydrix Ventures.
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Hydrix Limited, together with its subsidiaries, operates as a product design and engineering company in Australia, Europe, North America, Singapore, and internationally. It operates in three segments: Hydrix Services, Hydrix Medical, and Hydrix Ventures. The company offers product design and development consulting services comprising systems engineering, software, electronics, mechanical, human factors, and industrial design services; and product consulting services consisting of engineering design, development, prototyping, manufacturer management, and certification process management services. It also distributes cardiovascular products comprising Guardian, a heart attack warning system; and Implicity, a cloud-based AI-driven remote cardiac patient monitoring and data management software. In addition, the company invests in early stage medical technology (medtech) companies. It serves the cardiovascular, medtech, defence, and industrial industries. The company was formerly known as Panorama Synergy Limited and changed its name to Hydrix Limited in November 2018. Hydrix Limited was incorporated in 1993 and is based in Mulgrave, Australia.
Stock analysis
HYDRIX Ltd (HYD) currently trades at A$0.0030, while our model-based Fair Value estimate is A$0.0031, so the stock looks roughly fairly valued today (gap 2.3%).
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Valuation
How firm this estimate is: it rests on 7 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: A$0.0030 (bear) to A$0.0032 (bull), the price of A$0.0030 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 38/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
HYDRIX Ltd reported revenue of A$10.1M in FY2025 versus A$7.4M in FY2021, a compound +7.9%/yr. Reported net income was −A$2.9M in FY2025.
Key figures
Market cap A$5.8M (≈ $4.0M) · P/S ratio 0.62 · EPS (TTM) A$−0.0100 · Net margin −28.9% · Return on equity −638% · Return on assets (EBIT) −32.7% · Operating margin −26.1% · Revenue (TTM) A$9.3M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (low confidence).
What moves the price
The share trades about 87% below its 52-week high and 50% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −37% fair-value upside, at 2%, HYD screens cheaper than that median.
Fair Value models
Bear A$0.0030Fair Value A$0.0031Bull A$0.0032
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−4.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−7.5%
Start year 2020 (pandemic). Over 10 years: +50.4% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.6%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−25.0% (2019) → −44.8% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Scientific & Technical Instruments · 154 stocks
Beats the industry median on 0/6 measures
Overall it trails its industry peers.
Valuation
Quality Score38 · Bottom 25%
Profitability
Return on equity (TTM)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets−25.3% · Bottom 25%
Net margin (TTM)−57.4% · Bottom 25%
Operating margin (TTM)−26.1% · Bottom 25%
Growth and dividend
Revenue growth−13.6% · Bottom 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
PEG2.65× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)36· sector 0
FUTURE (revenue growth)0· sector 31
PAST (return on equity)0· sector 24
HEALTH (low debt)0· sector 98
DIVIDEND (yield)0· sector 18
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "HYDRIX Ltd Fair Value". https://www.fairvalue-calculator.com/stock/HYD
Frequently asked questions
Is HYDRIX Ltd (HYD) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of A$0.0031 versus a price of A$0.0030, about +2% upside (fairly valued).
What is the fair value of HYD?
Our model-based fair value for HYDRIX Ltd is A$0.0031 (as of Sep 13, 2026), built from audited fundamentals. The current price: A$0.0030.
What is the quality score of HYD?
HYDRIX Ltd has a Quality Score of 38/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for HYDRIX Ltd (HYD)?
Our model-based price target is the fair value of A$0.0031 (as of Sep 13, 2026) from 1 valuation models. Cautious scenario A$0.0030, optimistic scenario A$0.0032. It is a calculation from audited fundamentals, not an analyst target.
What is the HYDRIX Ltd stock forecast for 2026?
Our models put fair value at A$0.0031, about +2% upside versus a price of A$0.0030 (fairly valued). Cautious scenario A$0.0030, optimistic scenario A$0.0032. The calculation is refreshed regularly with new filings.
What is the revenue of HYDRIX Ltd (HYD)?
HYDRIX Ltd reported trailing-twelve-month revenue of about A$9.3M (latest available figure, as of Sep 13, 2026).
What is the intrinsic value of HYDRIX Ltd (HYD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For HYDRIX Ltd it is A$0.0031 per share (as of Sep 13, 2026), against a price of A$0.0030. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is HYDRIX Ltd stock overvalued or undervalued in 2026?
As of Sep 13, 2026, HYD trades below its calculated fair value: price A$0.0030, fair value A$0.0031, a gap of about +2% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HYD?
No. The price is what the market pays today (A$0.0030); the fair value is what the company's own numbers justify (A$0.0031). For HYDRIX Ltd the two are A$0.0001 per share apart. That gap is exactly why we show both numbers side by side.
How much is HYDRIX Ltd worth?
The market values HYDRIX Ltd at about A$5.8M (market capitalisation, as of Sep 13, 2026). Per share that is A$0.0030; our models calculate a fair value of A$0.0031 per share.
What do the bullish and bearish scenarios say about HYD?
Our models span a range for HYDRIX Ltd: cautious scenario A$0.0030, base A$0.0031, optimistic A$0.0032 per share (as of Sep 13, 2026, price A$0.0030). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of HYD?
The PEG ratio of HYDRIX Ltd is 2.65 (P/E divided by earnings growth, as of Sep 13, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of HYDRIX Ltd (HYD)?
Balance-sheet figures for HYDRIX Ltd (as of Sep 13, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is HYD from its 52-week high?
HYDRIX Ltd trades at A$0.0030, about 87% below its 52-week high of A$0.0230 and 50% above the low of A$0.0020 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0031 is for.
Which stocks are comparable to HYDRIX Ltd?
From the same area (Technology) we also value Keysight Technologies, Inc, Coherent Corp, Garmin Ltd, Chroma ATE Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is HYDRIX Ltd stock attractive at the current price?
The data as of Sep 13, 2026: price A$0.0030, calculated fair value A$0.0031 (+2%), Quality Score 38/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HYD calculated?
We run HYDRIX Ltd through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of A$0.0031, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. HYDRIX Ltd currently trades 2 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of HYDRIX Ltd (HYD)?
The closing price on Oct 2, 2026 was A$0.0030. Our model-based fair value is A$0.0031, about +2% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with HYDRIX Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The models converge in a tight band (A$0.0030 to A$0.0032), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of HYDRIX Ltd
How large is the market capitalisation of HYDRIX Ltd (HYD)?
The market capitalisation of HYDRIX Ltd is A$5.8M (≈ $4.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of HYDRIX Ltd (HYD)?
The price-to-sales ratio of HYDRIX Ltd is 0.62 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of HYDRIX Ltd (HYD)?
Earnings per share at HYDRIX Ltd are A$−0.0100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of HYDRIX Ltd (HYD)?
The net margin of HYDRIX Ltd is −28.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of HYDRIX Ltd (HYD)?
The return on equity (ROE) of HYDRIX Ltd is −638% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of HYDRIX Ltd (HYD)?
On an EBIT basis the return on assets of HYDRIX Ltd is −32.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of HYDRIX Ltd (HYD)?
The operating margin of HYDRIX Ltd is −26.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at HYDRIX Ltd (HYD)?
Revenue at HYDRIX Ltd is growing −13.6% versus a year earlier (3y avg −0.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does HYDRIX Ltd (HYD) generate?
The free cash flow of HYDRIX Ltd is −A$535K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does HYDRIX Ltd (HYD) carry?
The net debt of HYDRIX Ltd is A$7.7M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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