Bytes Technology Stock Target Price
| BYIT Stock | 454.60 7.00 1.56% |
Bytes Technology fundamentals help investors to digest information that contributes to Bytes Technology's financial success or failures. It also enables traders to predict the movement of Bytes Stock. The fundamental analysis module provides a way to measure Bytes Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bytes Technology stock.
Bytes | Target Price |
Bytes Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bytes Technology's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bytes Technology could also be used in its relative valuation, which is a method of valuing Bytes Technology by comparing valuation metrics of similar companies.Bytes Technology is currently under evaluation in target price category among its peers.
Bytes Fundamentals
| Return On Equity | 0.75 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 963.97 M | ||||
| Shares Outstanding | 240.94 M | ||||
| Shares Owned By Insiders | 9.53 % | ||||
| Shares Owned By Institutions | 75.33 % | ||||
| Price To Book | 13.32 X | ||||
| Price To Sales | 5.29 X | ||||
| Revenue | 207.02 M | ||||
| Gross Profit | 107.36 M | ||||
| EBITDA | 64.2 M | ||||
| Net Income | 46.85 M | ||||
| Total Debt | 1.74 M | ||||
| Book Value Per Share | 0.15 X | ||||
| Cash Flow From Operations | 57.01 M | ||||
| Earnings Per Share | 0.21 X | ||||
| Target Price | 607.8 | ||||
| Number Of Employees | 1.06 K | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 1.08 B | ||||
| Total Asset | 379.72 M | ||||
| Retained Earnings | 75.61 M | ||||
| Working Capital | 24.54 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 379.72 M | ||||
| Last Dividend Paid | 0.091 |
About Bytes Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bytes Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bytes Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bytes Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.Additional Tools for Bytes Stock Analysis
When running Bytes Technology's price analysis, check to measure Bytes Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bytes Technology is operating at the current time. Most of Bytes Technology's value examination focuses on studying past and present price action to predict the probability of Bytes Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bytes Technology's price. Additionally, you may evaluate how the addition of Bytes Technology to your portfolios can decrease your overall portfolio volatility.