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Bytes Technology Group PLC
LSE:BYIT

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Bytes Technology Group PLC Logo
Bytes Technology Group PLC
LSE:BYIT
Watchlist
Price: 419.2 GBX -0.66% Market Closed
Updated: Nov 27, 2022

Intrinsic Value

The intrinsic value of one BYIT stock under the Base Case scenario is 379.73 GBX. Compared to the current market price of 419.2 GBX, Bytes Technology Group PLC is Overvalued by 9%.

The Intrinsic Value is calculated as the average of the two valuation methods:

BYIT Intrinsic Value
Base Case
379.73 GBX
Overvaluation 9%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

BYIT Profitability Score
Profitability Due Diligence

Bytes Technology Group PLC's profitability score is 79/100. The higher the profitability score, the more profitable the company is.

Positive Net Income
Positive 1-Year Revenue Growth
Positive Operating Income
Positive Free Cash Flow
79/100
Profitability
Score

Bytes Technology Group PLC's profitability score is 79/100. The higher the profitability score, the more profitable the company is.

BYIT Solvency Score
Solvency Due Diligence

Bytes Technology Group PLC's solvency score is 70/100. The higher the solvency score, the more solvent the company is.

Low Altman Z-Score
Short-Term Liabilities
Long-Term Liabilities
Low D/E
70/100
Solvency
Score

Bytes Technology Group PLC's solvency score is 70/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
56%
Gross Margin
22%
Operating Margin
16%
Net Margin
9%
FCF Margin
106%
ROE
69%
ROIC
Other

BYIT Capital Structure
Bytes Technology Group PLC

Market Capitalization 1B GBX
Total Debt 897k GBX
Minority Interest 0 GBX
Preferred Equity 0 GBX
Cash and Equivalents 35.8M GBX
Short-Term Investments 0 GBX
Enterprise Value 969M GBX

Wall St
Price Targets

BYIT Price Targets Summary
Bytes Technology Group PLC

Wall Street analysts forecast BYIT stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for BYIT is 544.85 GBX with a low forecast of 429.25 GBX and a high forecast of 672 GBX.

Lowest
Price Target
429.25 GBX
2% Upside
Average
Price Target
544.85 GBX
30% Upside
Highest
Price Target
672 GBX
60% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

BYIT Competitors
Bytes Technology Group PLC

BYIT Suppliers & Customers
Bytes Technology Group PLC

Bytes Technology Group PLC has 45 key suppliers from 6 countries and 4 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Technology industry.

Suppliers Map

Bytes Technology Group PLC has 1 key customers from 1 countries and 1 industries. The majority of these customers are located in United Kingdom, with the largest number of customers in the Technology industry.

Customers Map

Shareholder Return

BYIT Price
Bytes Technology Group PLC

1M 1M
+12%
6M 6M
-6%
1Y 1Y
-23%
3Y 3Y
+30%
5Y 5Y
+30%
Annual Price Range
419.2
52w Low
359.2
52w High
562.6533
Price Metrics
Average Annual Return 0.9%
Standard Deviation of Annual Returns
N/A
Max Drawdown -36%

Company Profile

Bytes Technology Group PLC

Country

United Kingdom

Industry

Technology

Market Cap

1B GBP

Dividend Yield

1.57%

Description

Bytes Technology Group Plc provides IT software offerings and solutions, with a focus on cloud and security products. The company is headquartered in Leatherhead, Surrey and currently employs 685 full-time employees. The company went IPO on 2020-12-11. The firm enables technology sourcing, adoption, and management across software services, including in the areas of security and cloud. Its portfolio of services includes cloud, security, licensing, storage, virtualization and managed services. The firm comprises two brands: Bytes Software Services (BSS) and Phoenix Software (Phoenix). Bytes Software Services customer base is made up of both private sector customers and public sector customers, whilst Phoenix's focus is exclusively on public sector customers. Its services also includes software services, datacenter services, data management services, deployment services and end user computing. The firm provides support to a range of industries, including professional services, manufacturing, retail, central and local government, and technology.

Contact

SURREY
Leatherhead
Bytes House, Randalls Way
+441372418500.0
https://www.bytes.co.uk/

IPO

2020-12-11

Employees

685

Officers

CEO & Director
Mr. Neil R. Murphy
CFO, COO & Exec. Director
Mr. Andrew J. Holden
Phoenix Managing Director
Ms. Sam Mudd
Director of Group Fin.
Paul Emms
MD - Bytes Software Services
Mr. Jack Watson
Company Sec.
Willem Karel Groenewald

See Also

Similar Stocks
What is the Intrinsic Value of one BYIT stock?

The intrinsic value of one BYIT stock under the Base Case scenario is 379.73 GBX.

Is BYIT stock undervalued or overvalued?

Compared to the current market price of 419.2 GBX, Bytes Technology Group PLC is Overvalued by 9%.