Bytes Technology Group Plc () Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Bytes Technology Group Plc

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Why is Bytes Technology Group Plc ?

Positive results in Feb 25

OPERATING CASH FLOW(Y) Highest at GBP 131.98 MM
INTEREST COVERAGE RATIO(Q) Highest at 24,188.72
DIVIDEND PER SHARE(HY) Highest at GBP 0.86

With ROE of 10.53%, it has a fair valuation with a 9.76 Price to Book Value

Over the past year, while the stock has generated a return of -24.95%, its profits have risen by 23% ; the PEG ratio of the company is 4

Real-Time Research Report

Verdict Report

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%

-0.78

46.49%

FTSE 100

16.5%

1.23

12.99%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

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)

1.19

Tax Ratio

29.95%

Dividend Payout Ratio

43.90%

Pledged Shares

Institutional Holding

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

9.76

EV to EBIT

70.92

EV to EBITDA

65.65

EV to Capital Employed

-58.76

EV to Sales

14.87

PEG Ratio

4.02

Dividend Yield

4.26%

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

10.53%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

Bullish

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

No Trend

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

12What is working for the Company

OPERATING CASH FLOW(Y)

Highest at GBP 131.98 MM

INTEREST COVERAGE RATIO(Q)

Highest at 24,188.72

DIVIDEND PER SHARE(HY)

Highest at GBP 0.86

RAW MATERIAL COST(Y)

Fallen by -3.13% (YoY

CASH AND EQV(HY)

Highest at GBP 113.08 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 1,527.68%

NET SALES(Q)

Highest at GBP 111.66 MM

-3What is not working for the Company

ROCE(HY)

Lowest at 62.19%

DEBTORS TURNOVER RATIO(HY)

Lowest at 0.86%

Here's what is working for Bytes Technology Group Plc

Interest Coverage Ratio

Highest at 24,188.72 and Grown

In each period in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Operating Cash Flow

Highest at GBP 131.98 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (GBP MM)

Dividend per share

Highest at GBP 0.86 and Grown

In each year in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (GBP)

Net Sales

Highest at GBP 111.66 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (GBP MM)

Cash and Eqv

Highest at GBP 113.08 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 1,527.68%

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost

Fallen by -3.13% (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 1.36 MM

in the last five periods

MOJO 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 0.86%

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio