Bytes Technology Group (BYIT) Competitors

Bytes Technology Group (LON:BYIT) and Darktrace (LON:DARK) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their dividends, community ranking, risk, institutional ownership, profitability, valuation, earnings, media sentiment and analyst recommendations.

Does the media favor BYIT or DARK?

In the previous week, Bytes Technology Group and Bytes Technology Group both had 1 articles in the media. Bytes Technology Group's average media sentiment score of 0.00 beat Darktrace's score of -0.21 indicating that Bytes Technology Group is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Bytes Technology Group	0 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
Darktrace	0 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Neutral

Is BYIT or DARK more profitable?

Bytes Technology Group has a net margin of 25.47% compared to Darktrace's net margin of 17.99%. Bytes Technology Group's return on equity of 66.59% beat Darktrace's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Bytes Technology Group	25.47%	66.59%	10.12%
Darktrace	17.99%	36.56%	6.74%

Do insiders and institutionals hold more shares of BYIT or DARK?

76.3% of Bytes Technology Group shares are owned by institutional investors. Comparatively, 61.5% of Darktrace shares are owned by institutional investors. 9.5% of Bytes Technology Group shares are owned by company insiders. Comparatively, 36.1% of Darktrace shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Does the MarketBeat Community prefer BYIT or DARK?

Darktrace received 12 more outperform votes than Bytes Technology Group when rated by MarketBeat users. However, 90.91% of users gave Bytes Technology Group an outperform vote while only 76.19% of users gave Darktrace an outperform vote.

Company	Underperform	Outperform
Bytes Technology Group	Outperform Votes 20 90.91%	Underperform Votes 2 9.09%
Darktrace	Outperform Votes 32 76.19%	Underperform Votes 10 23.81%

Which has more risk and volatility, BYIT or DARK?

Bytes Technology Group has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500. Comparatively, Darktrace has a beta of 0.61, suggesting that its share price is 39% less volatile than the S&P 500.

Do analysts prefer BYIT or DARK?

Bytes Technology Group currently has a consensus price target of GBX 660, suggesting a potential upside of 32.32%. Given Bytes Technology Group's stronger consensus rating and higher probable upside, equities analysts plainly believe Bytes Technology Group is more favorable than Darktrace.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bytes Technology Group	0 Sell rating(s)	0 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	3.00
Darktrace	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00

Which has stronger valuation & earnings, BYIT or DARK?

Darktrace has higher revenue and earnings than Bytes Technology Group. Darktrace is trading at a lower price-to-earnings ratio than Bytes Technology Group, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bytes Technology Group	£205.34M	5.88	£52.30M	£21.52	23.18
Darktrace	£616.47M	0.00	£110.89M	£0.13	N/A

Summary

Bytes Technology Group beats Darktrace on 11 of the 16 factors compared between the two stocks.