Bytes Technology Valuation

BYIT Stock   489.00  1.00  0.20%   
At this time, the firm appears to be undervalued. Bytes Technology shows a prevailing Real Value of USD552.42 per share. The current price of the firm is USD489.0. Our model approximates the value of Bytes Technology from analyzing the firm fundamentals such as Profit Margin of 0.25 %, current valuation of 1.11 B, and Return On Equity of 0.75 as well as examining its technical indicators and probability of bankruptcy.
Price Book
15.194
Enterprise Value
1.1 B
Enterprise Value Ebitda
15.281
Price Sales
5.7962
Forward PE
20.8333
Undervalued
Today
489.00
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  489.0 Real  552.42 Hype  489.0 Naive  542.07
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, news, and other external factors that may influence Bytes Technology's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
440.10
Downside
552.42
Real Value
555.21
Upside
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:
Earnings
Estimates (0)
LowProjectedHigh
4.054.334.53
Details
Hype
Prediction
LowEstimatedHigh
486.21489.00491.79
Details
Potential
Annual Dividend
LowForecastedHigh
0.110.110.11
Details

Bytes Technology Cash

51.83 Million

Bytes Technology Total Value Analysis

Bytes Technology is currently projected to have takeover price of 1.11 B with market capitalization of 1.18 B, debt of 1.74 M, and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Bytes Technology fundamentals before making investing decisions based on enterprise value of the company

Bytes Technology Investor Information

About 76.0% of the company shares are held by institutions such as insurance companies. The company last dividend was issued on the 7th of November 2024. Based on the key measurements obtained from Bytes Technology's financial statements, Bytes Technology is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Cash From Operating Activities39.8 M65.6 M
Way Down
Slightly volatile
Operating Income38.2 M65.2 M
Way Down
Slightly volatile

Bytes Technology Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Bytes Technology has an asset utilization ratio of 54.52 percent. This implies that the Company is making USD0.55 for each dollar of assets. An increasing asset utilization means that Bytes Technology is more efficient with each dollar of assets it utilizes for everyday operations.
 
Covid

Bytes Technology Ownership Allocation

Bytes Technology holds a total of 241.07 Million outstanding shares. The majority of Bytes Technology outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Bytes Technology to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Bytes Technology. Please pay attention to any change in the institutional holdings of Bytes Technology as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Bytes Technology Profitability Analysis

The company reported the revenue of 207.02 M. Net Income was 46.85 M with profit before overhead, payroll, taxes, and interest of 152.56 M.

Bytes Technology Past Distributions to stockholders

About Bytes Technology Valuation

The stock valuation mechanism determines Bytes Technology's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Bytes Technology based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bytes Technology. We calculate exposure to Bytes Technology's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Bytes Technology's related companies.
Last ReportedProjected for Next Year
Gross Profit167.6 M108.3 M

Additional Tools for Bytes Stock Analysis

When running Bytes Technology's 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 the 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.