Want to see GB:BYIT full AI Analyst Report?
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 - 432.60 p
Previous CloseN/A
Volume197.09K
Average Volume (3M)1.00M
Market Cap
£942.45M
Enterprise Value735.70M
Total Cash (Recent Filing)£98.65M
Total Debt (Recent Filing)£1.98M
Price to Earnings (P/E)19.2
Beta0.73
Next Earnings
Oct 28, 2026EPS Estimate
0.11Next Dividend Ex-DateN/A
Dividend Yield2.49%
Share Statistics
EPS (TTM)0.21
Shares Outstanding231,788,570
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
£367.50Price Target Upside-11.70% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
EPS Forecast (FY)0.22
Revenue Forecast (FY)£240.34M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthBytes has demonstrated multi-year top-line expansion, rising to £220.6m by 2026 with a ~37% increase in the latest year. Continued demand for software resale, cloud subscriptions and associated services supports scalable recurring revenues and durable growth potential across corporate and public sector clients.
Very Low LeverageA minimal debt load against a sizable equity base gives Bytes strong financial flexibility. Low leverage supports steady dividend policy, opportunistic M&A or vendor program investments, and resilience to cyclical downturns without large interest burdens or refinancing risk.
Strong Cash GenerationConsistently positive operating and free cash flow, with high conversion of net income to FCF historically, provides a durable funding source for dividends, working capital, and reinvestment. Reliable cash generation underpins capital allocation and reduces reliance on external financing.
Bears Say
Volatile Free Cash Flow GrowthDespite positive absolute cash generation, large year-to-year swings in free cash flow reduce predictability of available capital. Volatility may stem from working-capital timing or incentive receipts, complicating budgeting for dividends, investments, or acquisitions and increasing operational risk.
Margin Comparability And Visibility RiskHistorical margin volatility and absent 2026 margin detail impair confidence in sustained profitability. Reliance on vendor incentives and product mix can shift margins quickly; without clear current margin disclosure, it's harder to assess long-term margin durability and operating leverage benefits.
Decline In Equity CushionA material drop in equity reduces the company's capital buffer even though assets rose. This could reflect distributions or balance-sheet movements and may limit headroom for future losses or aggressive reinvestment, weakening an otherwise conservative financial position.
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 432.60 p in the past 12 months.
What is Bytes Technology Group Plc’s market cap?
Bytes Technology Group Plc’s market cap is £942.45M.
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 74 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 2.49%. 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 231,788,570 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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
£367.50 (-11.70% Downside)
£367.50 (-11.70% Downside)
Insider Transactions
Bought Shares
Worth £519.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.52%
12-Months-Change
Fundamentals
Return on Equity
2.49%
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
367.50 p
▼(-11.70% Downside)
Technical Analysis
CloudCoCo Group
―
Corero Network Security
―
Iomart Group plc
―
SysGroup
―
Beeks Financial Cloud Group Plc
―







