Financials Bytes Technology Group plc

Equities

BYIT

GB00BMH18Q19

Software

Real-time Estimate Cboe Europe 03:35:56 2024-07-18 EDT 5-day change 1st Jan Change
483.5 GBX +0.71% Intraday chart for Bytes Technology Group plc -1.42% -20.75%

Valuation

Fiscal Period: February 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,002 1,103 957 1,340 1,191 - -
Enterprise Value (EV) 1 981.7 1,037 884.9 1,340 1,079 1,050 1,014
P/E ratio - 34.3 x 24.5 x 28.5 x 24.5 x 22.2 x 19.9 x
Yield - 1.35% 1.88% - 3.48% 3.93% 4.24%
Capitalization / Revenue 2.55 x 2.46 x 5.19 x 6.47 x 5.04 x 4.52 x 4.05 x
EV / Revenue 2.49 x 2.31 x 4.8 x 6.47 x 4.57 x 3.98 x 3.45 x
EV / EBITDA 26.1 x 21.9 x 15.4 x 20.7 x 15.3 x 13.3 x 11.5 x
EV / FCF 32.1 x 20.2 x 24.1 x - 18.6 x 16.2 x 14.1 x
FCF Yield 3.12% 4.96% 4.16% - 5.39% 6.18% 7.07%
Price to Book - - 15.5 x - 13.6 x 11.6 x 9.92 x
Nbr of stocks (in thousands) 239,482 239,482 239,482 240,340 240,619 - -
Reference price 2 4.186 4.604 3.996 5.575 4.948 4.948 4.948
Announcement Date 21-05-26 22-05-24 23-05-23 24-05-23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 373.1 393.6 447.9 184.4 207 236.2 263.6 293.8
EBITDA 1 - 37.61 47.33 57.55 64.8 70.77 79.13 88.41
EBIT 1 - 37.5 46.33 50.88 56.7 67.34 75.39 84.33
Operating Margin - 9.53% 10.34% 27.59% 27.39% 28.51% 28.6% 28.7%
Earnings before Tax (EBT) 1 - - 41.57 50.39 61.6 69.22 76.45 84.78
Net income 1 24.16 - 32.85 40.42 46.9 50.25 55.56 62.02
Net margin 6.47% - 7.33% 21.92% 22.66% 21.27% 21.08% 21.11%
EPS 2 - - 0.1342 0.1628 0.1955 0.2018 0.2233 0.2491
Free Cash Flow 1 - 30.62 51.43 36.79 - 58.14 64.92 71.72
FCF margin - 7.78% 11.48% 19.95% - 24.62% 24.63% 24.41%
FCF Conversion (EBITDA) - 81.41% 108.68% 63.92% - 82.16% 82.05% 81.12%
FCF Conversion (Net income) - - 156.55% 91.01% - 115.72% 116.85% 115.65%
Dividend per Share 2 - - 0.0620 0.0750 - 0.1722 0.1947 0.2099
Announcement Date 20-11-02 21-05-26 22-05-24 23-05-23 24-05-23 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1 2026 S2 2027 S1
Net sales 1 93.53 90.89 108.7 98.3 138.4 106 157.3 120.5 175.4
EBITDA 28.69 - - - - - - - -
EBIT 1 27.3 23.59 30.61 26.09 33.8 29.5 37.6 32.7 42
Operating Margin 29.18% 25.95% 28.16% 26.54% 24.42% 27.83% 23.9% 27.14% 23.95%
Earnings before Tax (EBT) 1 27.04 23.35 33.34 28.25 35.5 30.7 38.3 33.4 42.7
Net income 1 21.71 18.71 25.39 21.51 26.6 23 28.7 25.1 32
Net margin 23.21% 20.59% 23.36% 21.88% 19.22% 21.7% 18.25% 20.83% 18.24%
EPS 2 - 0.0754 0.1017 0.0938 0.1070 0.0925 0.1150 0.1007 0.1285
Dividend per Share - - - - - - - - -
Announcement Date 22-10-26 23-05-23 23-10-25 24-05-23 - - - - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - - - - - - - -
Net Cash position 1 - 20.7 65.9 72 - 111 140 176
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 30.6 51.4 36.8 - 58.1 64.9 71.7
ROE (net income / shareholders' equity) - - - 74.1% - 64% 61.1% 58%
ROA (Net income/ Total Assets) - - - - - 12.5% 12.6% 12.6%
Assets 1 - - - - - 402 441.8 491
Book Value Per Share 2 - - - 0.2600 - 0.3600 0.4300 0.5000
Cash Flow per Share 2 - - 0.2100 0.1500 - 0.2500 0.2600 0.3000
Capex 1 - 0.61 0.62 1.36 - 1.79 2.2 2.37
Capex / Sales - 0.15% 0.14% 0.74% - 0.76% 0.84% 0.81%
Announcement Date 20-11-02 21-05-26 22-05-24 23-05-23 24-05-23 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
4.948 GBP
Average target price
6.372 GBP
Spread / Average Target
+28.79%
Consensus
  1. Stock Market
  2. Equities
  3. BYIT Stock
  4. Financials Bytes Technology Group plc