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Bytes Technology Group (BYIT) Competitors

Bytes Technology Group logo
GBX 443.40 -0.60 (-0.14%)
As of 02/21/2025 11:46 AM Eastern

BYIT vs. DARK, NETW, SPT, BOKU, WPS, PAY, SEE, EPO, WNWD, and FNX

Should you be buying Bytes Technology Group stock or one of its competitors? The main competitors of Bytes Technology Group include Darktrace (DARK), Network International (NETW), Spirent Communications (SPT), Boku (BOKU), W.A.G payment solutions (WPS), PayPoint (PAY), Seeing Machines (SEE), Earthport (EPO), Windward (WNWD), and Fonix Mobile (FNX). These companies are all part of the "software - infrastructure" industry.

Bytes Technology Group vs.

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

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 Group25.47% 66.59% 10.12%
Darktrace 17.99%36.56%6.74%

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 insiders. Comparatively, 36.1% of Darktrace shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Darktrace had 2 more articles in the media than Bytes Technology Group. MarketBeat recorded 3 mentions for Darktrace and 1 mentions for Bytes Technology Group. Bytes Technology Group's average media sentiment score of 0.00 beat Darktrace's score of -0.39 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)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Darktrace
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

Darktrace received 14 more outperform votes than Bytes Technology Group when rated by MarketBeat users. However, 90.00% of users gave Bytes Technology Group an outperform vote while only 76.19% of users gave Darktrace an outperform vote.

CompanyUnderperformOutperform
Bytes Technology GroupOutperform Votes
18
90.00%
Underperform Votes
2
10.00%
DarktraceOutperform Votes
32
76.19%
Underperform Votes
10
23.81%

Bytes Technology Group presently has a consensus target price of GBX 640, indicating a potential upside of 44.34%. Darktrace has a consensus target price of GBX 680, indicating a potential upside of 0.00%. Given Bytes Technology Group's higher possible 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)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bytes Technology Group£205.34M5.23£52.30M£21.5220.61
Darktrace£616.47M0.00£110.89M£0.13N/A

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

Summary

Bytes Technology Group beats Darktrace on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of LON and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BYIT vs. The Competition

MetricBytes Technology GroupSoftware IndustryComputer SectorLON Exchange
Market Cap£1.07B£347.44M£26.88B£2.63B
Dividend Yield2.62%3.26%2.74%4.98%
P/E Ratio20.6111.3736.99163.28
Price / Sales5.2377,149.982,566.30312,084.15
Price / Cash26.6715.1835.2328.02
Price / Book13.737.616.825.14
Net Income£52.30M-£16.98M£731.18M£5.73B
7 Day Performance-1.03%-2.55%-2.03%-0.99%
1 Month Performance2.97%-2.72%-0.09%-0.81%
1 Year Performance-18.72%39.04%19.97%39.26%

Bytes Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BYIT
Bytes Technology Group
3.3735 of 5 stars
GBX 443.40
-0.1%
GBX 640
+44.3%
-17.4%£1.07B£205.34M20.61930News Coverage
DARK
Darktrace
2.1596 of 5 stars
N/AGBX 680
+∞
N/A£3.69B£616.47M4,436.922,300News Coverage
NETW
Network International
N/AN/AN/AN/A£2.13B£490.13M4,437.782,133News Coverage
SPT
Spirent Communications
3.1377 of 5 stars
GBX 184.30
-0.1%
GBX 236.80
+28.5%
+67.4%£1.32B£561.21M99.631,526
BOKU
Boku
1.5965 of 5 stars
GBX 164
-4.7%
GBX 230
+40.2%
+0.6%£608.51M£113.86M84.74305Gap Down
WPS
W.A.G payment solutions
2.0134 of 5 stars
GBX 66.40
flat
GBX 91
+37.0%
-26.9%£551.50M£2.49B-13.481,329News Coverage
PAY
PayPoint
1.8186 of 5 stars
GBX 664
-0.6%
GBX 675
+1.7%
+36.3%£475.49M£301.14M13.641,260Dividend Increase
SEE
Seeing Machines
N/AGBX 3.94
+1.0%
N/A-22.0%£244.94M£101.15M-6.6516,300Gap Down
EPO
Earthport
N/AN/AN/AN/A£240.49M£32.56M-20.94214Gap Up
WNWD
Windward
0.2714 of 5 stars
GBX 210
flat
GBX 200
-4.8%
+87.5%£233.00M£43.06M-30.55170
FNX
Fonix Mobile
N/AGBX 222.60
+0.7%
N/A-3.4%£220.33M£76.07M20.6345

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This page (LON:BYIT) was last updated on 2/22/2025 by MarketBeat.com Staff
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