Bytes Technology /£BYIT
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Bytes Technology
Bytes Technology Group PLC is a company that provides a comprehensive range of information technology services. Operating in the IT sector, their offerings include security, storage and virtualization, licensing, digital transformation, software asset management, cloud management, and cyber consulting services. The company, which serves a global customer base, was founded and continues to specialize in solutions that facilitate effective digital operations and security for various businesses.
- Ticker
- £BYIT
- Sector
- Software & Cloud Services
- Primary listing
- LSE
- Employees
- 1,353
- Headquarters
- Leatherhead, United Kingdom
- Website
- www.bytes.co.uk
BYIT Metrics
BasicAdvanced
£1B
21.06
£0.21
0.71
£0.10
2.26%
Price and volume
Market cap
£1B
Beta
0.71
52-week high
£4.94
52-week low
£2.49
Average daily volume
777K
Dividend rate
£0.10
Financial strength
Current ratio
1.033
Quick ratio
1.022
Long term debt to equity
0.015
Total debt to equity
0.029
Dividend payout ratio (TTM)
45.85%
Interest coverage (TTM)
197.98%
Profitability
EBITDA (TTM)
67.171
Gross margin (TTM)
75.62%
Net profit margin (TTM)
21.65%
Operating margin (TTM)
26.97%
Effective tax rate (TTM)
26.85%
Revenue per employee (TTM)
£180,000
Management effectiveness
Return on assets (TTM)
9.04%
Return on equity (TTM)
70.91%
Valuation
Price to earnings (TTM)
21.057
Price to revenue (TTM)
4.417
Price to book
14.88
Price to tangible book (TTM)
43.29
Price to free cash flow (TTM)
17.763
Free cash flow yield (TTM)
5.63%
Free cash flow per share (TTM)
0.254
Dividend yield (TTM)
2.26%
Growth
Revenue change (TTM)
9.56%
Earnings per share change (TTM)
0.09%
3-year revenue growth (CAGR)
6.45%
3-year earnings per share growth (CAGR)
6.50%
3-year dividend per share growth (CAGR)
9.71%
What the Analysts think about BYIT
Analyst ratings (Buy, Hold, Sell) for Bytes Technology stock.
Analyst projections of the future price of Bytes Technology stock.
Bulls say / Bears say
First-half revenue rose 18.7% and gross profit 17.8%, with growth across public and private customers. Bytes lifted its full-year outlook to low-to-mid-teens gross profit growth. (Investing.com, Investor Meet Company)
Services gross invoiced income grew 41%, while CyberOne adds 24-hour managed security and a base of recurring contracts. The deal could help Bytes capture more security spending and deepen its service-led business. (AskTraders, Bytes Technology Group PLC Interim Results - ADVFN)
Bytes says Microsoft’s latest partner-incentive changes should benefit the group, particularly through higher rewards on cloud subscriptions and growth products such as security and AI. If that proves right, the revised terms could support future gross profit growth. (IT Channel Oxygen, Investing.com)
Operating profit rose only 6.6% against 17.8% gross profit growth, as higher costs absorbed part of the improvement. Guidance still implies only low-to-mid-single-digit operating profit growth for the year. (AskTraders, Investing.com)
Bytes remains heavily exposed to Microsoft: UBS estimates its incentives and product mark-ups account for about half of gross profit. UBS warns that incentive reductions on selected products could weigh further on profits, even though Bytes expects the latest changes to be positive overall. (Proactive Investors)
CyberOne is not expected to add to earnings in FY27 because its operating profit will be offset by amortisation of acquired intangible assets; Bytes expects a positive earnings contribution only in FY28. The deal also includes up to £18m in contingent payments, adding execution and cash-use risk. (AskTraders)
Data summarised monthly by Lightyear AI. Last updated on 13 Oct 2026.
BYIT Financial Performance
Revenues and expenses
BYIT Earnings Performance
Company profitability
Upcoming events
Funds containing BYIT
AllGBPUSDEUR
Fund name | Fund size | £BYIT weighting |
|---|---|---|
iShares FTSE 250£MIDD | £672M | 0.31% |
Vanguard FTSE 250£VMIG | £569M | 0.31% |
Vanguard FTSE 250£VMID | £1.5B | 0.31% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.08% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.08% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.