Bytes Technology Group

Digital Transformation And Hybrid Work Will Unlock Microsoft Cloud Potential

AN

AnalystHighTarget

Not Invested

Community Contributor

Published

08 Jul 25

Updated

15 Apr 26

Views

26

15 Apr

UK£3.57

AnalystHighTarget's Fair Value

UK£4.70

24.0% undervalued

1Y

-28.2%

7D

2.9%

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1Y

-28.2%

7D

2.9%

You can edit this narrative until Apr 16 11:10 AM. Then, changes will post as Updates.

Author's Valuation

UK£4.724.0% undervalued

AnalystHighTarget Fair Value

Shared on 15 Apr 26

BYIT: Cost Normalisation Headwinds Will Set Up A Stronger Cash Recovery

Analysts have made a small adjustment to their price target for Bytes Technology Group, citing largely unchanged fair value estimates around £4.70, minor tweaks to the discount rate, revenue growth outlook and profit margin, as well as a steady future P/E assumption near 20.6x. What's in the News Bytes Technology Group issued earnings guidance for 2027, indicating operating profit is expected to be broadly flat as the business absorbs about £4.5m of cost normalisation (Key Developments).

4 views

Shared on 01 Apr 26

Fair value Decreased 26%

BYIT: Capital Light Cash Generation Will Underpin Extended Recovery Story

Analysts have reduced their fair value estimate for Bytes Technology Group from £6.38 to £4.70. This reflects a lower assumed future P/E and softer projected revenue growth, along with the view that the company’s recovery timeline is taking longer than previously expected.

1 view

Valuator

Company Info

Notes

AnalystHighTarget Fair Value

UK£4.7

24.0% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

%

Decrease

Increase

Forecast revenue growth rate

8.17%

Historical revenue growth rate

-4.06%

Software revenue growth rate

1.53%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.92%

Calculation

UK£68.61m

Earnings '29

x

20.57x

PE Ratio '29

=

UK£1.41b

Market Cap '29

UK£1.41b

Market Cap '29

/

233.25m

No. shares '29

=

UK£6.05

Share Price '29

UK£6.05 Share Price '29

Discounted to 2026 @ 8.82% p.a.

=

UK£4.69

Fair Value '26