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Bytes Technology Group (BYIT) Competitors

Bytes Technology Group logo
GBX 432.80 +2.80 (+0.65%)
As of 01/21/2025 12:28 PM Eastern

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

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), Fonix Mobile (FNX), Windward (WNWD), and Beeks Financial Cloud Group (BKS). 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 investment? We will compare the two companies based on the strength of their dividends, risk, profitability, earnings, analyst recommendations, media sentiment, community ranking, institutional ownership and valuation.

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£207.02M5.04£46.85M£0.192,277.89
Darktrace£616.47M0.00£110.89M£0.13N/A

In the previous week, Bytes Technology Group had 4 more articles in the media than Darktrace. MarketBeat recorded 4 mentions for Bytes Technology Group and 0 mentions for Darktrace. Darktrace's average media sentiment score of 0.00 beat Bytes Technology Group's score of -0.52 indicating that Darktrace is being referred to more favorably in the news media.

Company Overall Sentiment
Bytes Technology Group Negative
Darktrace Neutral

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

Bytes Technology Group presently has a consensus price target of GBX 645, indicating a potential upside of 49.03%. Darktrace has a consensus price target of GBX 680, indicating a potential upside of 0.00%. Given Bytes Technology Group's higher probable upside, equities 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Darktrace
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

Darktrace received 15 more outperform votes than Bytes Technology Group when rated by MarketBeat users. However, 89.47% 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
17
89.47%
Underperform Votes
2
10.53%
DarktraceOutperform Votes
32
76.19%
Underperform Votes
10
23.81%

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

Bytes Technology Group has a net margin of 22.63% compared to Darktrace's net margin of 17.99%. Bytes Technology Group's return on equity of 67.01% beat Darktrace's return on equity.

Company Net Margins Return on Equity Return on Assets
Bytes Technology Group22.63% 67.01% 10.12%
Darktrace 17.99%36.56%6.74%

Summary

Bytes Technology Group beats Darktrace on 9 of the 17 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£1.04B£355.33M£26.72B£2.04B
Dividend Yield1.72%2.80%2.74%5.16%
P/E Ratio2,277.89715.54236.351,926.65
Price / Sales5.0497,927.103,627.15384,006.48
Price / Cash26.6715.6635.9229.21
Price / Book28.856.358.613.08
Net Income£46.85M-£7.79M£670.02M£183.60M
7 Day Performance6.86%3.86%4.08%3.09%
1 Month Performance1.74%16.78%7.01%3.42%
1 Year Performance-30.59%20.64%27.62%165.41%

Bytes Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BYIT
Bytes Technology Group
2.35 of 5 stars
GBX 432.80
+0.7%
GBX 645
+49.0%
-30.6%£1.04B£207.02M2,277.89930Insider Trade
News Coverage
DARK
Darktrace
N/AN/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
3.3603 of 5 stars
GBX 172.50
-1.9%
GBX 236.80
+37.3%
+47.8%£986.44M£447.70M8,625.001,526
BOKU
Boku
0.8001 of 5 stars
GBX 188.72
-1.7%
GBX 230
+21.9%
+22.0%£567.21M£82.72M9,435.85305
WPS
W.A.G payment solutions
N/AGBX 80
flat
GBX 91
+13.8%
-7.6%£552.02M£2.22B-1,333.331,329
PAY
PayPoint
0.7668 of 5 stars
GBX 671
-3.6%
GBX 675
+0.6%
+34.9%£483.99M£297.90M1,369.391,260Dividend Increase
News Coverage
EPO
Earthport
N/AN/AN/AN/A£240.49M£32.56M-20.94214Gap Up
FNX
Fonix Mobile
N/AGBX 208
-3.0%
N/A-5.1%£205.88M£76.09M1,890.9145
WNWD
Windward
0.6376 of 5 stars
GBX 208
flat
GBX 200
-3.8%
+89.1%£184.39M£33.09M-3,466.67170
BKS
Beeks Financial Cloud Group
2.6907 of 5 stars
GBX 262
-3.7%
GBX 335
+27.9%
+167.4%£174.65M£24.92M26,200.00105Gap Down

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This page (LON:BYIT) was last updated on 1/22/2025 by MarketBeat.com Staff
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