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Bytes Technology Group (LSE:BYIT) EV-to-EBITDA : 19.25 (As of May. 09, 2024)


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What is Bytes Technology Group EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Bytes Technology Group's enterprise value is £1,143.8 Mil. Bytes Technology Group's EBITDA for the trailing twelve months (TTM) ended in Aug. 2023 was £59.4 Mil. Therefore, Bytes Technology Group's EV-to-EBITDA for today is 19.25.

The historical rank and industry rank for Bytes Technology Group's EV-to-EBITDA or its related term are showing as below:

LSE:BYIT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 15.82   Med: 23.56   Max: 44.93
Current: 19.25

During the past 6 years, the highest EV-to-EBITDA of Bytes Technology Group was 44.93. The lowest was 15.82. And the median was 23.56.

LSE:BYIT's EV-to-EBITDA is ranked worse than
61.05% of 1841 companies
in the Software industry
Industry Median: 14.91 vs LSE:BYIT: 19.25

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-09), Bytes Technology Group's stock price is £4.968. Bytes Technology Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2023 was £0.177. Therefore, Bytes Technology Group's PE Ratio for today is 28.07.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Bytes Technology Group EV-to-EBITDA Historical Data

The historical data trend for Bytes Technology Group's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bytes Technology Group EV-to-EBITDA Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
EV-to-EBITDA
Get a 7-Day Free Trial - - 33.29 23.16 16.58

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 23.16 - 16.58 -

Competitive Comparison of Bytes Technology Group's EV-to-EBITDA

For the Software - Infrastructure subindustry, Bytes Technology Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bytes Technology Group's EV-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Bytes Technology Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bytes Technology Group's EV-to-EBITDA falls into.



Bytes Technology Group EV-to-EBITDA Calculation

Bytes Technology Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1143.810/59.407
=19.25

Bytes Technology Group's current Enterprise Value is £1,143.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bytes Technology Group's EBITDA for the trailing twelve months (TTM) ended in Aug. 2023 was £59.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bytes Technology Group  (LSE:BYIT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Bytes Technology Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.968/0.177
=28.07

Bytes Technology Group's share price for today is £4.968.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bytes Technology Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2023 was £0.177.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Bytes Technology Group EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Bytes Technology Group's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Bytes Technology Group (LSE:BYIT) Business Description

Traded in Other Exchanges
Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.

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