How big is BYTE Acquisition Corp.?

As of Jun 18, BYTE Acquisition Corp. has a market capitalization of 163.23 million and reported net sales of 17.98 million with a net profit of -1.80 million for the latest four quarters. The company's balance sheet shows shareholder's funds of -53.02 million and total assets of 13.71 million.

As of Jun 18, BYTE Acquisition Corp. has a market capitalization of 163.23 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the company reported net sales of 17.98 million for the latest four quarters, while the net profit for the same period was -1.80 million.<BR><BR>As of Dec 24, the company's balance sheet shows shareholder's funds of -53.02 million and total assets of 13.71 million.

What does BYTE Acquisition Corp. do?

BYTE Acquisition Corp. is a micro-cap finance company with recent net sales of $6 million and a net profit of $24 million. It has a market cap of $163.23 million and a return on equity of 19.98%.

Overview:<BR>BYTE Acquisition Corp. operates in the finance industry and is categorized as a micro-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 6 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 24 Million (Quarterly Results - Mar 2025) <BR>Market cap: USD 163.23 Million, Category: Micro Cap<BR><BR>Key Metrics:<BR>P/E: NA <BR>Industry P/E: NA <BR>Dividend Yield: 0.00% <BR>Debt Equity: -999,999.00 <BR>Return on Equity: 19.98% <BR>Price to Book: -6.94<BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Should I buy, sell or hold BYTE Acquisition Corp.?

Is BYTE Acquisition Corp. overvalued or undervalued?

BYTE Acquisition Corp. is currently rated as risky due to negative financial metrics indicating overvaluation, including a Price to Book Value of -6.92 and a P/E ratio of -21.93, despite a strong one-year stock return of 121.48%.

As of 9 February 2024, the valuation grade for BYTE Acquisition Corp. has moved from does not qualify to risky. Given the negative metrics, the company appears to be overvalued. The Price to Book Value stands at -6.92, the EV to EBIT is at -40.39, and the EV to EBITDA is at -42.93, all indicating significant financial distress.<BR><BR>In comparison to peers, BYTE Acquisition Corp. has a P/E ratio of -21.93, while Atlantic Coastal Acquisition Corp. has a P/E of 21.84, highlighting a stark contrast in valuation. Additionally, Battery Future Acquisition Corp., also rated risky, has a more favorable EV to EBITDA of -12.77. Despite a strong one-year stock return of 121.48% compared to the S&P 500's 17.14%, the overall financial metrics suggest that BYTE Acquisition Corp. is not a sound investment at its current valuation.

Is BYTE Acquisition Corp. technically bullish or bearish?

As of July 29, 2025, BYTE Acquisition Corp. shows a mildly bullish trend with strong short-term performance, having outperformed the S&P 500 recently, but remains cautious due to mixed technical indicators and a year-to-date lag.

As of 29 July 2025, the technical trend for BYTE Acquisition Corp. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish daily moving average and bullish Bollinger Bands on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mixed signal with weekly mildly bullish and monthly mildly bearish indicators. <BR><BR>In terms of performance, BYTE has outperformed the S&P 500 over the past week and month, with returns of 24.07% and 11.39% respectively, while it lags behind on a year-to-date basis with a return of -9.42% compared to the S&P 500's 12.22%. Over the past year, BYTE has significantly outperformed the benchmark with a return of 121.48% versus 17.14%.