Bytes Financial Statements From 2010 to 2024
| BYI Stock | 10,104 204.00 2.06% |
Check Bytes Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bytes Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bytes financial statements analysis is a perfect complement when working with Bytes Technology Valuation or Volatility modules.
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Bytes Technology Company Operating Margin Analysis
Bytes Technology's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Bytes Technology Operating Margin | 0.1 % |
Most of Bytes Technology's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bytes Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Based on the recorded statements, Bytes Technology has an Operating Margin of 0.0988%. This is 101.12% lower than that of the Technology sector and significantly higher than that of the Software-Infrastructure industry. The operating margin for all South Africa stocks is 101.79% lower than that of the firm.
Bytes Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bytes Technology's current stock value. Our valuation model uses many indicators to compare Bytes Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bytes Technology competition to find correlations between indicators driving Bytes Technology's intrinsic value. More Info.Bytes Technology is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.14 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bytes Technology is roughly 7.16 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bytes Technology's earnings, one of the primary drivers of an investment's value.About Bytes Technology Financial Statements
Bytes Technology stakeholders use historical fundamental indicators, such as Bytes Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although Bytes Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bytes Technology's assets and liabilities are reflected in the revenues and expenses on Bytes Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bytes Technology. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Bytes Stock
Bytes Technology financial ratios help investors to determine whether Bytes Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bytes with respect to the benefits of owning Bytes Technology security.