company background image
BYIT logo

Bytes Technology Group LSE:BYIT Stock Report

Last Price

UK£5.67

Market Cap

UK£1.4b

7D

-1.5%

1Y

54.1%

Updated

18 Mar, 2024

Data

Company Financials +

Bytes Technology Group plc

LSE:BYIT Stock Report

Market Cap: UK£1.4b

BYIT Stock Overview

Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally.

BYIT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends3/6

Bytes Technology Group plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bytes Technology Group
Historical stock prices
Current Share PriceUK£5.67
52 Week HighUK£6.65
52 Week LowUK£3.53
Beta0.69
1 Month Change-10.14%
3 Month Change-4.47%
1 Year Change54.08%
3 Year Change28.86%
5 Year Changen/a
Change since IPO70.78%

Recent News & Updates

Calculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)

Jan 23
Calculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)

Bytes Technology Group plc's (LON:BYIT) Share Price Could Signal Some Risk

Dec 18
Bytes Technology Group plc's (LON:BYIT) Share Price Could Signal Some Risk

Recent updates

Calculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)

Jan 23
Calculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)

Bytes Technology Group plc's (LON:BYIT) Share Price Could Signal Some Risk

Dec 18
Bytes Technology Group plc's (LON:BYIT) Share Price Could Signal Some Risk

We Like The Quality Of Bytes Technology Group's (LON:BYIT) Earnings

Nov 02
We Like The Quality Of Bytes Technology Group's (LON:BYIT) Earnings

Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.027

Oct 28
Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.027

Here's Why We Think Bytes Technology Group (LON:BYIT) Is Well Worth Watching

Oct 13
Here's Why We Think Bytes Technology Group (LON:BYIT) Is Well Worth Watching

A Look At The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)

Sep 21
A Look At The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)

Bytes Technology Group's (LON:BYIT) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 05
Bytes Technology Group's (LON:BYIT) Shareholders Will Receive A Bigger Dividend Than Last Year

Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.126

Jun 09
Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.126

Bytes Technology Group (LON:BYIT) Is Increasing Its Dividend To £0.126

May 26
Bytes Technology Group (LON:BYIT) Is Increasing Its Dividend To £0.126

Is Now The Time To Look At Buying Bytes Technology Group plc (LON:BYIT)?

Mar 11
Is Now The Time To Look At Buying Bytes Technology Group plc (LON:BYIT)?

Calculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)

Feb 01
Calculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)

Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.024

Nov 17
Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.024

Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.024

Oct 29
Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.024

Calculating The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)

Oct 06
Calculating The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)

Is Bytes Technology Group plc (LON:BYIT) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 25
Is Bytes Technology Group plc (LON:BYIT) Expensive For A Reason? A Look At Its Intrinsic Value

What Kind Of Shareholders Hold The Majority In Bytes Technology Group PLC's (LON:BYIT) Shares?

Mar 10
What Kind Of Shareholders Hold The Majority In Bytes Technology Group PLC's (LON:BYIT) Shares?

Shareholder Returns

BYITGB SoftwareGB Market
7D-1.5%2.2%0.6%
1Y54.1%28.4%2.7%

Return vs Industry: BYIT exceeded the UK Software industry which returned 28.4% over the past year.

Return vs Market: BYIT exceeded the UK Market which returned 2.7% over the past year.

Price Volatility

Is BYIT's price volatile compared to industry and market?
BYIT volatility
BYIT Average Weekly Movement5.1%
Software Industry Average Movement5.2%
Market Average Movement4.7%
10% most volatile stocks in GB Market11.4%
10% least volatile stocks in GB Market2.5%

Stable Share Price: BYIT has not had significant price volatility in the past 3 months.

Volatility Over Time: BYIT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19821,026Sam Muddhttps://www.bytes.co.uk

Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services. It also offers IT consulting and support services, including IT deployment and training.

Bytes Technology Group plc Fundamentals Summary

How do Bytes Technology Group's earnings and revenue compare to its market cap?
BYIT fundamental statistics
Market capUK£1.36b
Earnings (TTM)UK£44.10m
Revenue (TTM)UK£199.59m

30.9x

P/E Ratio

6.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BYIT income statement (TTM)
RevenueUK£199.59m
Cost of RevenueUK£60.17m
Gross ProfitUK£139.42m
Other ExpensesUK£95.32m
EarningsUK£44.10m

Last Reported Earnings

Aug 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin69.85%
Net Profit Margin22.10%
Debt/Equity Ratio0%

How did BYIT perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

42%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.