We suggest to use BYTES TECHNOLOGY fundamental analysis to find out if markets are now mispricing the company. Put another way you can use it to find out if BYTES TECHNOLOGY is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for twenty-five available fundamental indicators for BYTES TECHNOLOGY GROUP, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all BYTES TECHNOLOGY financials, including its revenue, ebitda, and the relationship between the price to sales and gross profit .
With this module, you can analyze BYTES financials for your investing period. You should be able to track the changes in BYTES TECHNOLOGY individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past BYTES TECHNOLOGY Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of BYTES TECHNOLOGY's financial statements are interrelated, with each one affecting the others. For example, an increase in BYTES TECHNOLOGY's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 75
BYTES TECHNOLOGY GROUP has more than 75 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for BYTES TECHNOLOGY stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in BYTES TECHNOLOGY's official financial statements usually reflect BYTES TECHNOLOGY's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of BYTES TECHNOLOGY. For example, before you start analyzing numbers published by BYTES accountants, it's critical to develop an understanding of what BYTES TECHNOLOGY's liquidity, profitability, and earnings quality are in the context of the Technology space in which it operates.
Please note, the presentation of BYTES TECHNOLOGY's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BYTES TECHNOLOGY's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in BYTES TECHNOLOGY's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BYTES TECHNOLOGY GROUP. Please utilize our Beneish M Score to check the likelihood of BYTES TECHNOLOGY's management to manipulate its earnings.


BYTES TECHNOLOGY competes with ETHERNITY NETWORKS. Bytes Technology Group plc provides software, IT security, hardware, and cloud services in the United Kingdom, Europe, and internationally. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom. BYTES TECHNOLOGY operates under SoftwareApplication classification in UK and is traded on London Stock Exchange. It employs 685 people.
InstrumentUK Stock View All
ExchangeLondon Stock Exchange
Business AddressBytes House
Phone44 1372 418 500
You should never invest in BYTES TECHNOLOGY without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of BYTES Stock, because this is throwing your money away. Analyzing the key information contained in BYTES TECHNOLOGY's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

BYTES TECHNOLOGY Key Financial Ratios

Generally speaking, BYTES TECHNOLOGY's financial ratios allow both analysts and investors to convert raw data from BYTES TECHNOLOGY's financial statements into concise, actionable information that can be used to evaluate the performance of BYTES TECHNOLOGY over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that BYTES TECHNOLOGY reports annually and quarterly.

BYTES Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining BYTES TECHNOLOGY's current stock value. Our valuation model uses many indicators to compare BYTES TECHNOLOGY value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BYTES TECHNOLOGY competition to find correlations between indicators driving BYTES TECHNOLOGY's intrinsic value. More Info.
BYTES TECHNOLOGY GROUP is rated second in total debt category among related companies. It is number one stock in cash and equivalents category among related companies creating about  15.02  of Cash and Equivalents per Total Debt. . Comparative valuation analysis is a catch-all model that can be used if you cannot value BYTES TECHNOLOGY by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BYTES TECHNOLOGY's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the BYTES TECHNOLOGY's earnings, one of the primary drivers of an investment's value.
Check out Trending Equities. Note that the BYTES TECHNOLOGY information on this page should be used as a complementary analysis to other BYTES TECHNOLOGY's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Tools for BYTES Stock

When running BYTES TECHNOLOGY price analysis, check to measure BYTES TECHNOLOGY's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BYTES TECHNOLOGY is operating at the current time. Most of BYTES TECHNOLOGY's value examination focuses on studying past and present price action to predict the probability of BYTES TECHNOLOGY's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BYTES TECHNOLOGY's price. Additionally, you may evaluate how the addition of BYTES TECHNOLOGY to your portfolios can decrease your overall portfolio volatility.
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