Free Trial

Bytes Technology Group (BYIT) Competitors

Bytes Technology Group logo
GBX 459.80
+7.00 (+1.55%)
(As of 11/1/2024 ET)

BYIT vs. DARK, NETW, SPT, WPS, PAY, BOKU, EPO, FNX, SEE, 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), W.A.G payment solutions (WPS), PayPoint (PAY), Boku (BOKU), Earthport (EPO), Fonix Mobile (FNX), Seeing Machines (SEE), 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 superior investment? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, risk, profitability, earnings, media sentiment, community ranking and analyst recommendations.

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£207.02M5.35£46.85M£0.192,420.00
Darktrace£616.47M0.00£110.89M£0.13N/A

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 currently has a consensus price target of GBX 645, indicating a potential upside of 40.28%. Darktrace has a consensus price target of GBX 575, indicating a potential upside of 0.00%. Given Bytes Technology Group's stronger consensus rating and higher probable upside, research 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Darktrace
1 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

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 is poised for long-term growth.

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. Darktrace's average media sentiment score of 0.13 beat Bytes Technology Group's score of 0.00 indicating that Darktrace is being referred to more favorably in the news media.

Company Overall Sentiment
Bytes Technology Group Neutral
Darktrace Neutral

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%

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.

Summary

Bytes Technology Group beats Darktrace on 9 of the 17 factors compared between the two stocks.

Get Bytes Technology Group News Delivered to You Automatically

Sign up to receive the latest news and ratings for BYIT and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

BYIT vs. The Competition

MetricBytes Technology GroupSoftware IndustryComputer SectorLON Exchange
Market Cap£1.11B£389.25M£24.09B£1.62B
Dividend Yield1.72%2.62%2.74%10.98%
P/E Ratio2,420.00868.94252.081,767.83
Price / Sales5.3587,853.213,742.04235,535.20
Price / Cash26.6715.2932.2436.46
Price / Book30.655.597.012.87
Net Income£46.85M-£5.12M£672.85M£145.83M
7 Day PerformanceN/A0.23%-0.34%0.11%
1 Month Performance-10.20%-0.12%0.63%-0.11%
1 Year Performance-9.31%12.94%20.39%15.63%

Bytes Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BYIT
Bytes Technology Group
N/AGBX 459.80
+1.5%
GBX 645
+40.3%
-8.7%£1.11B£207.02M2,420.00930
DARK
Darktrace
2.1003 of 5 stars
GBX 576.80
flat
GBX 575
-0.3%
+65.1%£3.69B£616.47M4,436.922,300
NETW
Network International
N/AGBX 399.40
flat
N/A+2.9%£2.13B£490.13M4,437.782,133
SPT
Spirent Communications
3.1306 of 5 stars
GBX 170.60
+1.8%
GBX 253.33
+48.5%
+79.9%£975.58M£447.70M8,530.001,526Positive News
High Trading Volume
WPS
W.A.G payment solutions
1.2819 of 5 stars
GBX 81
+1.3%
GBX 91
+12.3%
-11.2%£558.92M£2.22B-1,350.001,329News Coverage
PAY
PayPoint
1.0229 of 5 stars
GBX 751.05
-2.2%
GBX 675
-10.1%
+45.0%£541.73M£297.90M1,532.761,260Dividend Increase
High Trading Volume
BOKU
Boku
1.6009 of 5 stars
GBX 170
flat
GBX 230
+35.3%
+30.9%£512.65M£82.72M8,500.00305Gap Down
EPO
Earthport
N/AGBX 37.70
+2.2%
N/A+0.0%£240.49M£32.56M-20.94214Gap Up
FNX
Fonix Mobile
N/AGBX 236
flat
N/A+19.4%£233.59M£76.09M2,145.4545Dividend Increase
Positive News
High Trading Volume
SEE
Seeing Machines
N/AGBX 4.46
-1.0%
N/A-23.7%£185.54M£59.12M-446.0016,300News Coverage
Gap Up
BLTG
Blancco Technology Group
N/AGBX 225
+1.4%
N/A+1.4%£174.53M£44.15M5,625.00300

Related Companies and Tools


This page (LON:BYIT) was last updated on 11/2/2024 by MarketBeat.com Staff
From Our Partners