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Bytes Technology logo

BYIT - Bytes Technology Share Price

494.6p 6.8  1.4%

Last Trade - 2:36pm

Sector
Technology
Size
Mid Cap
Market Cap £1.17bn
Enterprise Value £1.14bn
Revenue £389.3m
Position in Universe 404th / 1821
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +20.3%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -6.19%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 29th Feb 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.000 0.000 0.000 321.9 349.7 373.1 402.4 410.8 +7.7%
+79.5 +59.6 +19.6 -2.48
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 31 August 2020, BytesTechnology Group PLC revenues increased 8% to £221.2M. Netincome increased 24% to £15.8M. Revenues reflect Softwaresegment increase of 8% to £197.2M, Hardware segmentincrease of 9% to £15.3M, United Kingdom segment increaseof 9% to £212.8M, Rest of world segment increase of 40% to£1.3M. Net income benefited from Depreciation ofright-of-use assets decrease of 11% to £130K (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Bytes Technology Group PLC is a United Kingdom-based company that provides information technology (IT) solutions & services, offering software, hardware and cloud services. The Company enables technology sourcing, adoption and management across software, security, hardware and cloud services. The Company provides support to CIOs and IT departments of large enterprises, public sector organizations and various commercial businesses. The Company comprises two brands, Bytes Software Services (BSS) & Phoenix Software. Bytes Software Services' customer base is made up of both private sector customers and public sector customers, whilst Phoenix's focus is exclusively on public sector customers.

Directors
Last Annual February 29th, 2020
Last Interim August 31st, 2020
No. of Shareholders: n/a
No. of Employees: n/a
Sector Technology
Industry Software & IT Services
Index FTSE All Share , FTSE 350 , FTSE 250 ,
Exchange London Stock Exchange (Full)
Shares in Issue 238,913,494
Free Float (0.0%)
Eligible for
ISAs
SIPPs
BYIT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for BYIT
Upcoming Events for BYIT
Frequently Asked Questions for Bytes Technology
What is the Bytes Technology share price?

As of 2:36pm, shares in Bytes Technology are trading at 494.6p, giving the company a market capitalisation of £1.17bn. This share price information is delayed by 15 minutes.

How has the Bytes Technology share price performed this year?

Shares in Bytes Technology are currently trading at 494.6p and the price has moved by % over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Bytes Technology price has moved by % over the past year.

What are the analyst and broker recommendations for Bytes Technology?

There are no analysts currently covering Bytes Technology.

When will Bytes Technology next release its financial results?

Bytes Technology is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-08-31
What is the Bytes Technology dividend yield?

Bytes Technology does not currently pay a dividend.

Does Bytes Technology pay a dividend?

Bytes Technology does not currently pay a dividend.

When does Bytes Technology next pay dividends?

Bytes Technology does not currently pay a dividend.

How do I buy Bytes Technology shares?

To buy shares in Bytes Technology you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Bytes Technology?

Shares in Bytes Technology are currently trading at 494.6p, giving the company a market capitalisation of £1.17bn.

Where are Bytes Technology shares listed? Where are Bytes Technology shares listed?

Here are the trading details for Bytes Technology:

Country of listing: United Kingdom
Exchange: LSE
Ticker Symbol: BYIT
What kind of share is Bytes Technology?

Based on an overall assessment of its quality, value and momentum, Bytes Technology is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Bytes Technology share price forecast 2021?

Shares in Bytes Technology are currently priced at 494.6p. At that level they are trading at 10.82% premium to the analyst consensus target price of 446.31.

Analysts covering Bytes Technology currently have a consensus Earnings Per Share (EPS) forecast of 0.121 for the next financial year.

How can I tell whether the Bytes Technology share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Bytes Technology. Over the past six months, the relative strength of its shares against the market has been %. At the current price of 494.6p, shares in Bytes Technology are trading at 22.76% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Bytes Technology PE Ratio?

The Bytes Technology PE ratio based on its reported earnings over the past 12 months is 42.84. The shares are currently trading at 494.6p.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Bytes Technology?

We were unable to find the directors for Bytes Technology.

Who are the major shareholders of Bytes Technology?

Here are the top five shareholders of Bytes Technology based on the size of their shareholding:

Biltron (Pty) Ltd. Corporation
Percentage owned: 7.63% (18.3m shares)
Aberdeen Standard Investments (Edinburgh) Investment Advisor
Percentage owned: 6.45% (15.5m shares)
Public Investment Corporation (SOC) Limited Sovereign Wealth Fund
Percentage owned: 5.8% (13.9m shares)
ASI UK Smaller Companies Fund Mutual Fund
Percentage owned: 5.48% (13.1m shares)
JPMorgan Asset Management U.K. Limited Investment Advisor/Hedge Fund
Percentage owned: 5.01% (12.0m shares)
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