Why is Bytes Technology Group Plc ?
1
Strong Long Term Fundamental Strength with a 0.00% CAGR growth in Operating Profits
2
With a growth in Net Profit of 19.01%, the company declared Very Positive results in Feb 26
- OPERATING CASH FLOW(Y) Highest at GBP 136.02 MM
- INVENTORY TURNOVER RATIO(HY) Highest at 8,051.57 times
- DIVIDEND PAYOUT RATIO(Y) Highest at 74.63%
3
With ROE of 12.72%, it has a fair valuation with a 10.40 Price to Book Value
- Over the past year, while the stock has generated a return of -29.32%, its profits have risen by 23% ; the PEG ratio of the company is 3.6
How much should you buy?
- Overall Portfolio exposure to Bytes Technology Group Plc should be less than 10%
- Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Bytes Technology Group Plc for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Bytes Technology Group Plc
-100.0%
-0.69
48.54%
FTSE 100
17.87%
1.52
11.77%
Quality key factors
Factor
Value
Sales Growth (5y)
0.00%
EBIT Growth (5y)
0.00%
EBIT to Interest (avg)
6.75
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-1.15
Sales to Capital Employed (avg)
0.93
Tax Ratio
29.95%
Dividend Payout Ratio
47.66%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
82
Industry P/E
Price to Book Value
10.40
EV to EBIT
62.68
EV to EBITDA
58.02
EV to Capital Employed
-44.72
EV to Sales
13.14
PEG Ratio
3.55
Dividend Yield
5.74%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
12.72%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
No Trend
Technical Movement
9What is working for the Company
OPERATING CASH FLOW(Y)
Highest at GBP 136.02 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 8,051.57 times
DIVIDEND PAYOUT RATIO(Y)
Highest at 74.63%
RAW MATERIAL COST(Y)
Fallen by -5.14% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at -119.16 %
NET SALES(Q)
Highest at GBP 112.48 MM
-3What is not working for the Company
ROCE(HY)
Lowest at 57.25%
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.76 times
Here's what is working for Bytes Technology Group Plc
Operating Cash Flow
Highest at GBP 136.02 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (GBP MM)
Inventory Turnover Ratio
Highest at 8,051.57 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Net Sales
Highest at GBP 112.48 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (GBP MM)
Debt-Equity Ratio
Lowest at -119.16 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Dividend Payout Ratio
Highest at 74.63%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Fallen by -5.14% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at GBP 1.72 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (GBP MM)
Here's what is not working for Bytes Technology Group Plc
Debtors Turnover Ratio
Lowest at 0.76 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






