Bytes Technology Stock Current Valuation
| BYI Stock | 11,690 144.00 1.25% |
Valuation analysis of Bytes Technology helps investors to measure Bytes Technology's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Undervalued
Today
Please note that Bytes Technology's price fluctuation is very steady at this time. Calculation of the real value of Bytes Technology is based on 3 months time horizon. Increasing Bytes Technology's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Bytes stock is determined by what a typical buyer is willing to pay for full or partial control of Bytes Technology. Since Bytes Technology is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Bytes Stock. However, Bytes Technology's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11690.0 | Real 13169.98 | Hype 11690.0 | Naive 12752.14 |
The real value of Bytes Stock, also known as its intrinsic value, is the underlying worth of Bytes Technology Company, which is reflected in its stock price. It is based on Bytes Technology's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Bytes Technology's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Bytes Technology helps investors to forecast how Bytes stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Bytes Technology more accurately as focusing exclusively on Bytes Technology's fundamentals will not take into account other important factors: Bytes Technology Company Current Valuation Analysis
Bytes Technology's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Bytes Technology Current Valuation | 19.31 B |
Most of Bytes Technology's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bytes Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Bytes Technology has a Current Valuation of 19.31 B. This indicator is about the same for the Technology average (which is currently at 19.31 B) sector and significantly higher than that of the Software-Infrastructure industry. The current valuation for all South Africa stocks is 16.16% lower than that of the firm.
Bytes Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bytes Technology's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bytes Technology could also be used in its relative valuation, which is a method of valuing Bytes Technology by comparing valuation metrics of similar companies.Bytes Technology is currently under evaluation in current valuation category among its peers.
Bytes Fundamentals
| Return On Equity | 0.88 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 19.31 B | |||
| Shares Outstanding | 239.48 M | |||
| Shares Owned By Insiders | 11.09 % | |||
| Shares Owned By Institutions | 67.10 % | |||
| Price To Book | 20.24 X | |||
| Price To Sales | 46.01 X | |||
| Revenue | 447.94 M | |||
| Gross Profit | 107.36 M | |||
| EBITDA | 44.76 M | |||
| Net Income | 32.85 M | |||
| Book Value Per Share | 0.19 X | |||
| Cash Flow From Operations | 52.05 M | |||
| Earnings Per Share | 3.16 X | |||
| Number Of Employees | 871 | |||
| Beta | 0.87 | |||
| Market Capitalization | 28.38 B | |||
| Total Asset | 283.57 M | |||
| Z Score | 1.0 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 283.57 M | |||
| Last Dividend Paid | 0.066 |
About Bytes Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bytes Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bytes Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bytes Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Bytes Stock
Bytes Technology financial ratios help investors to determine whether Bytes Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bytes with respect to the benefits of owning Bytes Technology security.