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BYIT Stock Chart & Stats
416.20 p
-4.66 p(-1.12%)
At close: 4:00 PM EDT
416.20 p
-4.66 p(-1.12%)
Day’s Range― - ―
52-Week Range248.60 p - 431.60 p
Previous CloseN/A
Volume197.09K
Average Volume (3M)1.00M
Market Cap
£932.07M
Enterprise Value735.70M
Total Cash (Recent Filing)£98.65M
Total Debt (Recent Filing)£1.98M
Price to Earnings (P/E)18.7
Beta0.73
Next Earnings
Oct 28, 2026EPS Estimate
0.11Next Dividend Ex-DateN/A
Dividend Yield2.54%
Share Statistics
EPS (TTM)0.21
Shares Outstanding232,553,120
10 Day Avg. Volume1,159,484
30 Day Avg. Volume1,000,012
Financial Highlights & Ratios
PEG Ratio-1.66
Price to Book (P/B)8.96
Price to Sales (P/S)3.30
P/FCF Ratio12.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£371.25Price Target Upside-10.80% Downside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)0.22
Revenue Forecast (FY)£240.34M
Bulls Say, Bears Say
Bulls Say
Very Low Leverage / Conservative Balance SheetBytes maintains an exceptionally low absolute debt load and a debt-to-equity around 0.02 across 2023–2025. This durable financial conservatism provides long-term flexibility for capital allocation, supports resilience through cycles, and reduces refinancing and solvency risk for 2–6 months plus.
Consistent Revenue Expansion And High MarginsRevenue growth coupled with historically high gross and net margins indicates durable business economics tied to software resale and services. Strong margins imply pricing power and scalable services delivery, supporting sustainable profitability and reinvestment over the coming months.
Consistent Positive Operating And Free Cash FlowOperating and free cash flow have been reliably positive and closely track net income, indicating high cash conversion from operations. This durability supports dividends, vendor program funding, and organic growth investments without relying on incremental debt issuance.
Bears Say
Volatile Free Cash Flow GrowthDespite positive absolute cash flow, year-to-year FCF growth has swung materially, including a severe drop in 2026. This volatility suggests timing sensitivity (working capital, vendor payments or receipts) which undermines predictability for capital allocation and planning over the medium term.
Decline In Equity Despite Asset GrowthEquity fell materially in 2026 while assets grew, implying distributions, buybacks, or accounting movements that reduced buffer equity. A shrinking equity base can weaken financial flexibility and raises governance questions about capital deployment priorities over coming quarters.
Reliance On Supplier-funded Incentives And Vendor ProgramsA substantial part of revenue and margin derives from vendor incentive programs and rebates. That dependence exposes long-term margin and revenue risk if major suppliers alter programs, pricing, or channel priorities, making earnings sensitive to counterparties' strategic choices.
Bytes Technology Group Plc News
BYIT FAQ
What was Bytes Technology Group Plc’s price range in the past 12 months?
Bytes Technology Group Plc lowest share price was 248.60 p and its highest was 431.60 p in the past 12 months.
What is Bytes Technology Group Plc’s market cap?
Bytes Technology Group Plc’s market cap is £932.07M.
When is Bytes Technology Group Plc’s upcoming earnings report date?
Bytes Technology Group Plc’s upcoming earnings report date is Oct 28, 2026 which is in 79 days.
How were Bytes Technology Group Plc’s earnings last quarter?
Bytes Technology Group Plc released its earnings results on May 12, 2026. The company reported 0.094 p earnings per share for the quarter, beating the consensus estimate of 0.093 p by 0.001 p.
Is Bytes Technology Group Plc overvalued?
According to Wall Street analysts Bytes Technology Group Plc’s price is currently Overvalued.
Does Bytes Technology Group Plc pay dividends?
Bytes Technology Group Plc pays a Annually dividend of 7 p which represents an annual dividend yield of 2.54%. See more information on Bytes Technology Group Plc dividends here
What is Bytes Technology Group Plc’s EPS estimate?
Bytes Technology Group Plc’s EPS estimate is 0.11.
How many shares outstanding does Bytes Technology Group Plc have?
Bytes Technology Group Plc has 232,553,120 shares outstanding.
What happened to Bytes Technology Group Plc’s price movement after its last earnings report?
Bytes Technology Group Plc reported an EPS of 0.094 p in its last earnings report, beating expectations of 0.093 p. Following the earnings report the stock price went up 4.403%.
Which hedge fund is a major shareholder of Bytes Technology Group Plc?
Currently, no hedge funds are holding shares in GB:BYIT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Bytes Technology Group Plc Stock Smart Score
Neutral
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9
10
Analyst Consensus
Hold
Average Price Target:
£371.25 (-10.80% Downside)
£371.25 (-10.80% Downside)
Insider Transactions
Bought Shares
Worth £519.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.52%
12-Months-Change
Fundamentals
Return on Equity
2.54%
Trailing 12-Months
Asset Growth
4.15%
Trailing 12-Months
Company Description
Bytes Technology Group Plc
Bytes Technology Group Plc engages in the provision of IT software offerings and solutions. operates through the following segments: Software, IT Services, and Hardware. The Software segment sells cloud software. The IT services segment includes IT-managed services around a wide range of vendor technologies, including for security offerings. The Hardware segment offers IT hardware. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom.
BYIT Stock 12 Month Forecast
Average Price Target
371.25 p
▼(-10.80% Downside)
Technical Analysis
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