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Bytes Technology Group LSE:BYIT Stock Report

Last Price

UK£5.55

Market Cap

UK£1.3b

7D

-2.7%

1Y

5.1%

Updated

30 Jun, 2024

Data

Company Financials +

Bytes Technology Group plc

LSE:BYIT Stock Report

Market Cap: UK£1.3b

BYIT Stock Overview

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 Performance4/6
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£5.55
52 Week HighUK£6.65
52 Week LowUK£4.53
Beta0.71
11 Month Change-0.72%
3 Month Change8.51%
1 Year Change5.12%
33 Year Change21.71%
5 Year Changen/a
Change since IPO67.02%

Recent News & Updates

Bytes Technology Group (LON:BYIT) Is Paying Out A Larger Dividend Than Last Year

Jun 20
Bytes Technology Group (LON:BYIT) Is Paying Out A Larger Dividend Than Last Year

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

May 23
Calculating The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)

Recent updates

Bytes Technology Group (LON:BYIT) Is Paying Out A Larger Dividend Than Last Year

Jun 20
Bytes Technology Group (LON:BYIT) Is Paying Out A Larger Dividend Than Last Year

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

May 23
Calculating The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)

Here's Why We Think Bytes Technology Group (LON:BYIT) Might Deserve Your Attention Today

Apr 18
Here's Why We Think Bytes Technology Group (LON:BYIT) Might Deserve Your Attention Today

There's Reason For Concern Over Bytes Technology Group plc's (LON:BYIT) Price

Mar 27
There's Reason For Concern Over Bytes Technology Group plc's (LON:BYIT) Price

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-2.7%0.04%-0.9%
1Y5.1%20.3%6.3%

Return vs Industry: BYIT underperformed the UK Software industry which returned 20.3% over the past year.

Return vs Market: BYIT underperformed the UK Market which returned 6.3% over the past year.

Price Volatility

Is BYIT's price volatile compared to industry and market?
BYIT volatility
BYIT Average Weekly Movement3.7%
Software Industry Average Movement4.8%
Market Average Movement4.7%
10% most volatile stocks in GB Market10.9%
10% least volatile stocks in GB Market2.6%

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

Volatility Over Time: BYIT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19821,057Sam Muddwww.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 subscriptions and software assurance products. It also offers externally and internally training and consulting services.

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£1.35b
Earnings (TTM)UK£46.85m
Revenue (TTM)UK£207.02m

28.7x

P/E Ratio

6.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BYIT income statement (TTM)
RevenueUK£207.02m
Cost of RevenueUK£61.24m
Gross ProfitUK£145.78m
Other ExpensesUK£98.93m
EarningsUK£46.85m

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin70.42%
Net Profit Margin22.63%
Debt/Equity Ratio0%

How did BYIT perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

45%

Payout Ratio

Does BYIT pay a reliable dividends?

See BYIT dividend history and benchmarks
When do you need to buy BYIT by to receive an upcoming dividend?
Bytes Technology Group dividend dates
Ex Dividend DateJul 18 2024
Dividend Pay DateAug 02 2024
Days until Ex dividend17 days
Days until Dividend pay date32 days

Does BYIT pay a reliable dividends?

See BYIT dividend history and benchmarks
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