BYTES TECHNOLOGY GROUP PLC (BYIT.L)

4.26GBP +2.85% (+0.12)

Over 1M: +4.9%

2026-08-26

4 4.1 4.2

29 Jul 3 Aug 6 Aug 11 Aug 14 Aug 19 Aug 24 Aug

Multiples & size

2026-02-28

Market cap 1.06Bp

P/E TTM 20.8×p

EV/EBITDA 15.4×p

EV/EBIT 15.4×p

P/B 13.1×p

P/S TTM 4.8×p

EPS TTM 0.21

FCF yield 5.6%p

Dividend yield 4.6%p

Revenue growth +1.6%

Gross margin 75.9%

Operating margin 28.4%

Net margin 23.3%

FCF margin 26.9%

Payout 94.8%

52-week range

252 trading days

2.49 4.26 (100%) 4.26

Figures as at 2026-02-28, reported in GBP. The newest fact in the filings is dated 2026-03-01, 179 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

8.1

SBC / sales 0.0%

ROIC —

OE margin 26.9%

Oper. margin 28.4%

Adj. EBITDA margin 28.4%

Accruals -2.1%

Capex / sales 0.82%

FCF margin 26.9%

Gross margin 75.9%

Profit margin 23.3%

ROA 10.8%

ROCE 72.2%

ROE 63.2%

OCF margin 27.7%

Asset turnover 0.47×

OCF / EBIT 0.97×

EBITDA margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

8.5

EV/OE 16.3×

EV/EBIT 15.4×

Div. yield 4.6%

Shareholder yield 4.6%

EV/GP 5.8×

FCF yield 5.6%

P/C 10.8×

P/E 20.8×

EV/Sales 4.4×

P/B 13.1×

Fwd P/E —

PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

0.5

Cash-flow margin stability —

Gross margin stability across years —

Prepaid revenue growth —

RPO / sales —

RPO growth —

Revenue growth in the worst year on record —

Segment HHI —

0 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

7.1

Interest cover 196.7×

ND/EBITDA 0.1

Current ratio 1.1×

Debt / Eq 0.0×

Debt payback 0.0 yr

Net debt / Eq 0.0×

Quick ratio 1.1×

Equity / Assets 17.1%

Payout 94.8%

Cash / Debt —

Cash runway —

F-score —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.2

Sales/sh Y/Y +1.6%

EPS Y/Y -6.5%

Div. growth —

EBIT CAGR —

EBIT Y/Y —

EPS CAGR 4Y —

EPS next Y —

Gross profit Y/Y —

Most recent margin move —

Operating margin trend —

Sales CAGR 4Y —

Sales Q/Q —

Shares change —

1 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.

The ratios

The figures themselves rather than their scores — what somebody looking up BYIT.L on one particular measure came for.

Ratio	Value
cash operating margin	28.44
current ratio	1.05
current ratio reported	1.05
ev ebit	15.4
ev owner earnings	16.31
ev sales	4.38
fcf margin	26.85
interest cover	196.65
operating margin	28.44
owner earnings margin	26.85
revenue growth	1.58
revenue growth per share	1.58
rule of 40	30.02
sbc pct revenue	0.0

The figures, and where each came from

This is the part no other screener shows. Each figure below names the XBRL element it was read from, so it can be checked against the filing itself.

Figure	Value	XBRL tag	As at
capex	1,816,000	`PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	2026-02-28
cash	98,646,000	`CashAndCashEquivalents`	2026-03-01
current assets	408,087,000	`CurrentAssets`	2026-03-01
current liabilities	387,217,000	`CurrentLiabilities`	2026-03-01
equity	81,120,000	`Equity`	2026-03-01
interest expense	319,000	`FinanceCosts`	2026-02-28
ocf	61,044,000	`CashFlowsFromUsedInOperatingActivities`	2026-02-28
revenue	220,562,000	`Revenue`	2026-02-28

What to be careful about

revenue is annual, not TTM
operating income is annual, not TTM
no current stock compensation tagged; treated as zero, so owner earnings are overstated
invested capital is -18M (cash exceeds equity plus debt), so return on capital is unbounded rather than undefined; scored as maximal
no usable diluted share count, so growth is measured on total revenue rather than per share; a company issuing shares to fund that growth reads better than it is
no forward EPS estimate; growth rests on filings only. Analyst consensus is not published in XBRL, so it has to be fetched from a data provider or set by hand in overrides.yaml as `eps_growth_2y`

See it scored yourself

The dashboard puts BYIT.L beside other companies and lets you change what counts: the weight of each dimension, the value that earns a ten, and which of the 61 measures are included at all.