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Bytes Technology Group (BYIT) Competitors

Bytes Technology Group logo
GBX 495 +5.40 (+1.10%)
As of 12:46 PM Eastern

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

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), Earthport (EPO), Windward (WNWD), Fonix Mobile (FNX), and Blancco Technology Group (BLTG). 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 better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, community ranking, analyst recommendations, valuation, profitability, earnings, dividends and risk.

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.

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£205.34M5.83£52.30M£21.5223.00
Darktrace£616.47M0.00£110.89M£0.13N/A

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 company insiders. Comparatively, 36.1% of Darktrace shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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.

CompanyUnderperformOutperform
Bytes Technology GroupOutperform Votes
20
90.91%
Underperform Votes
2
9.09%
DarktraceOutperform Votes
32
76.19%
Underperform Votes
10
23.81%

In the previous week, Darktrace had 1 more articles in the media than Bytes Technology Group. MarketBeat recorded 1 mentions for Darktrace and 0 mentions for Bytes Technology Group. Bytes Technology Group's average media sentiment score of 0.55 beat Darktrace's score of 0.15 indicating that Bytes Technology Group is being referred to more favorably in the media.

Company Overall Sentiment
Bytes Technology Group Positive
Darktrace Neutral

Bytes Technology Group currently has a consensus price target of GBX 660, suggesting a potential upside of 33.33%. Darktrace has a consensus price target of GBX 680, suggesting a potential upside of 0.00%. Given Bytes Technology Group's higher possible upside, equities research analysts clearly 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

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£1.20B£318.90M£23.57B£2.60B
Dividend Yield2.62%3.26%2.83%4.95%
P/E Ratio23.0010.3742.86141.59
Price / Sales5.8362,390.171,997.87290,340.21
Price / Cash26.6715.5134.6527.93
Price / Book15.338.026.234.62
Net Income£52.30M-£18.08M£737.22M£5.78B
7 Day Performance1.02%-0.90%-0.59%0.43%
1 Month Performance13.93%-4.81%49,592.18%6.15%
1 Year Performance-2.94%13.91%52,545.20%118.05%

Bytes Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BYIT
Bytes Technology Group
2.9705 of 5 stars
GBX 495
+1.1%
GBX 660
+33.3%
-5.8%£1.20B£205.34M23.00930Gap Down
High Trading Volume
DARK
Darktrace
1.9989 of 5 stars
N/AGBX 680
+∞
N/A£3.69B£616.47M4,436.922,300
NETW
Network International
N/AN/AN/AN/A£2.13B£490.13M4,437.782,133
SPT
Spirent Communications
2.7712 of 5 stars
GBX 190.20
+0.4%
GBX 236
+24.1%
+6.8%£1.37B£561.21M102.821,526News Coverage
BOKU
Boku
1.9265 of 5 stars
GBX 165.10
-0.5%
GBX 230
+39.3%
-9.7%£612.59M£113.86M85.31305
WPS
W.A.G payment solutions
1.9036 of 5 stars
GBX 59.20
flat
GBX 91
+53.7%
-8.2%£491.70M£2.49B-12.021,329Earnings Report
Dividend Announcement
Analyst Forecast
News Coverage
PAY
PayPoint
N/AGBX 642
+1.6%
N/A+33.1%£459.74M£301.14M13.181,260Dividend Increase
News Coverage
EPO
Earthport
N/AN/AN/AN/A£240.49M£32.56M-20.94214Gap Up
WNWD
Windward
N/AGBX 210
flat
GBX 200
-4.8%
N/A£233.00M£43.06M-30.55170
FNX
Fonix Mobile
N/AGBX 197
+4.8%
N/A-23.6%£194.99M£76.07M18.2545
BLTG
Blancco Technology Group
N/AN/AN/AN/A£174.53M£44.15M5,625.00300
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This page (LON:BYIT) was last updated on 3/27/2025 by MarketBeat.com Staff
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