Byte Acquisition Corp Stock Earnings Per Share
BYTSDelisted Stock | USD 10.71 0.00 0.00% |
BYTE Acquisition Corp fundamentals help investors to digest information that contributes to BYTE Acquisition's financial success or failures. It also enables traders to predict the movement of BYTE Stock. The fundamental analysis module provides a way to measure BYTE Acquisition'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 BYTE Acquisition stock.
BYTE |
BYTE Acquisition Corp Company Earnings Per Share Analysis
BYTE Acquisition's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current BYTE Acquisition Earnings Per Share | (0.04) X |
Most of BYTE Acquisition's fundamental indicators, such as Earnings Per Share, 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, BYTE Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
CompetitionAccording to the company disclosure, BYTE Acquisition Corp has an Earnings Per Share of -0.04 times. This is 101.43% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The earnings per share for all United States stocks is 101.28% higher than that of the company.
BYTE Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BYTE Acquisition's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BYTE Acquisition could also be used in its relative valuation, which is a method of valuing BYTE Acquisition by comparing valuation metrics of similar companies.BYTE Acquisition is currently under evaluation in earnings per share category among its peers.
BYTE Fundamentals
Return On Asset | -0.0137 | |||
Current Valuation | 71.25 M | |||
Shares Outstanding | 10.96 M | |||
Shares Owned By Insiders | 88.44 % | |||
Shares Owned By Institutions | 15.65 % | |||
Number Of Shares Shorted | 472 | |||
Price To Earning | 18.30 X | |||
Price To Book | 77.44 X | |||
EBITDA | (13.42 M) | |||
Net Income | 10.63 M | |||
Cash And Equivalents | 1.26 M | |||
Cash Per Share | 0.03 X | |||
Current Ratio | 8.98 X | |||
Book Value Per Share | (1.65) X | |||
Cash Flow From Operations | (608.52 K) | |||
Short Ratio | 0.89 X | |||
Earnings Per Share | (0.04) X | |||
Market Capitalization | 115.07 M | |||
Total Asset | 329.41 M | |||
Retained Earnings | (11.81 M) | |||
Working Capital | 753.84 K | |||
Z Score | -0.18 | |||
Net Asset | 329.41 M |
About BYTE Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BYTE Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BYTE Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BYTE Acquisition Corp 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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Other Consideration for investing in BYTE Stock
If you are still planning to invest in BYTE Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BYTE Acquisition's history and understand the potential risks before investing.
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