Bytes Technology Group PLC
LSE:BYIT
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Bytes Technology Group PLC
LSE:BYIT
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UK |
Intrinsic Value
The intrinsic value of Bytes Technology Group PLC (BYIT) under the Base Case is 433.9 GBX per share.
Compared with the current market price of 464.8 GBX, the stock appears
Overvalued by 7% .
The intrinsic value is calculated using the DCF method.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Bytes Technology Group Does
Bytes Technology Group is a UK-based technology reseller that helps organizations buy, manage, and renew business software and cloud services. It sells software licenses, subscriptions, and related services from major vendors such as Microsoft, Adobe, and IBM, and it also advises customers on licensing, purchasing, and software use. Its main customers are public sector bodies, large enterprises, and mid-sized companies that need help sourcing the right software and keeping it organized.
- Headquarters
- United Kingdom UK
- Employees
- 1 331
- IPO date
- Dec 11, 2020
Bytes Technology Group has a narrow economic moat
Bytes Technology Group PLC has a narrow economic moat, offering limited protection against competitors and some ability to sustain profitability.
Read the full moat analysis
Earnings Waterfall
Bytes Technology Group PLC
The intrinsic value for Bytes Technology Group PLC (BYIT) under the Base Case is 433.9 GBX.
Compared with the current market price of 464.8 GBX, the stock appears Overvalued by 7% .