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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
£946.49M
Enterprise Value735.70M
Total Cash (Recent Filing)£98.65M
Total Debt (Recent Filing)£1.98M
Price to Earnings (P/E)19.0
Beta0.75
Next Earnings
Oct 28, 2026EPS Estimate
0.11Next Dividend Ex-DateN/A
Dividend Yield2.51%
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)£239.71M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetBytes maintains very low absolute debt against a sizable equity base and growing assets (320.8m → 474.1m). This conservative capital structure gives durable financial flexibility to invest in services, sustain returns, absorb downturns and support long-term vendor partnerships.
Strong Revenue Growth And MarginsSustained top-line growth coupled with historically high gross (≈70–85%) and net (≈22–25%) margins through 2022–2025 demonstrates scalable reseller and services economics. Durable margin strength supports reinvestment capacity and long-term earnings quality across the IT services cycle.
Consistent Cash GenerationRegularly positive operating and free cash flow with high conversion of net income provides persistent internal funding for growth, dividends and capital allocation. This cash generation underpins resilience in a service-heavy reseller model and supports strategic investments over time.
Bears Say
Volatile Free Cash Flow GrowthMaterial year-to-year swings in FCF and a sharp 2026 drop indicate working-capital or timing sensitivity in cash conversion. That volatility reduces predictability of funds available for M&A, buybacks or dividends and increases forecasting risk for medium-term strategic planning.
Decline In Shareholder EquityA notable fall in equity despite asset growth suggests distributions, accounting movements or adverse items that erode the shareholder buffer. Persisting equity declines could raise leverage sensitivity, limit balance-sheet firepower and constrain long-term capital deployment.
Dependence On Vendor ProgramsBytes' business depends heavily on third-party software resale and supplier incentive structures. Changes in vendor programs, pricing, or partner terms can materially affect margins and revenue stability, creating structural dependency outside the company's direct control.
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 £946.49M.
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 90 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 2.51%. 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
2.51%
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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