Bytes Technology Group Valuation Multiples

Discover revenue and EBITDA valuation multiples for Bytes Technology Group and similar public comparables like Kainos Group, NSD Co, Digital China Information, Neusoft and more.

Bytes Technology Group Overview

About Bytes Technology Group

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) which supports the corporate and public sector, and Phoenix Software which focuses on providing solutions to the public sector. It generates a majority of its revenue from software products. Geographically, the company derives its key revenue from the United Kingdom and the rest from Europe, and other regions.


Founded

2020

HQ

United Kingdom

Employees

1.2K

Financials (LTM)

Revenue: $308M
EBITDA: $90M

EV

$1.2B

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Bytes Technology Group Financials

Bytes Technology Group reported last 12-month revenue of $308M and EBITDA of $90M.

In the same LTM period, Bytes Technology Group generated $234M in gross profit, $90M in EBITDA, and $69M in net income.

Revenue (LTM)


Bytes Technology Group P&L

In the most recent fiscal year, Bytes Technology Group reported revenue of $298M and EBITDA of $99M.

Bytes Technology Group is profitable as of last fiscal year, with gross margin of 75%, EBITDA margin of 33%, and net margin of 23%.

See analyst estimates for Bytes Technology Group
LTMLast FY202320242025202620272028
Revenue$308M$298M$273M$290M$296M
Gross Profit$234M$225M$192M$216M$224M
Gross Margin76%75%70%74%76%
EBITDA$90M$99M$84M$101M$99M
EBITDA Margin29%33%31%35%34%
EBIT Margin28%29%28%30%29%
Net Profit$69M$69M$62M$72M$70M
Net Margin22%23%23%25%24%

Financial data powered by Morningstar, Inc.

Bytes Technology Group Stock Performance

Bytes Technology Group has current market cap of $1.3B, and enterprise value of $1.2B.

Market Cap Evolution


Bytes Technology Group's stock price is $5.60.

Bytes Technology Group share price increased by 11.7% in the last 30 days, and by 14.2% in the last year.

Bytes Technology Group has an EPS (earnings per share) of $0.30.

See more trading valuation data for Bytes Technology Group
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$1.2B$1.3B-2.1%11.7%37.8%14.2%$0.30

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Bytes Technology Group Valuation Multiples

Bytes Technology Group trades at 3.8x EV/Revenue multiple, and 13.1x EV/EBITDA.

See NTM and 2027E valuation multiples for Bytes Technology Group

EV / Revenue (LTM)


Bytes Technology Group Financial Valuation Multiples

As of July 19, 2026, Bytes Technology Group has market cap of $1.3B and EV of $1.2B.

Bytes Technology Group has a P/E ratio of 18.9x.

LTMLast FY202320242025202620272028
EV/Revenue3.8x3.9x4.3x4.0x4.0x
EV/EBITDA13.1x11.9x13.9x11.6x11.8x
EV/EBIT13.8x13.8x15.6x13.5x13.8x
EV/Gross Profit5.0x5.2x6.1x5.4x5.2x
P/E18.9x18.8x21.2x18.1x18.7x
EV/FCF15.9x15.8x16.6x13.8x15.4x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Bytes Technology Group Valuation Multiples

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Bytes Technology Group Margins & Growth Rates

Bytes Technology Group grew revenue by 8% but EBITDA decreased by 8% in the last fiscal year.

In the most recent fiscal year, Bytes Technology Group reported gross margin of 75%, EBITDA margin of 33%, and net margin of 23%.

See estimated margins and future growth rates for Bytes Technology Group

Bytes Technology Group Margins

Last FY202420252026202720282029
Gross Margin75%74%76%76%
EBITDA Margin33%35%34%29%
EBIT Margin29%30%29%27%
Net Margin23%25%24%22%
FCF Margin25%29%26%23%

Bytes Technology Group Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth8%6%2%7%
Gross Profit Growth9%12%4%8%
EBITDA Growth(8%)20%(2%)(7%)
EBIT Growth(0%)16%(2%)(0%)
Net Profit Growth(1%)17%(3%)(2%)
FCF Growth(2%)21%(10%)(4%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Bytes Technology Group Operational KPIs

Bytes Technology Group's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.

Bytes Technology Group's Rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Bytes Technology Group's Rule of X is 48% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Bytes Technology Group
LTMLast FY202320242025202620272028
Rule of 4038%36%---
Bessemer Rule of X50%48%---
Revenue per Employee-$0.2M---
Opex per Employee-$0.1M---
G&A Expenses to Revenue-47%42%44%47%
Opex to Revenue-47%43%44%47%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Bytes Technology Group Competitors

Bytes Technology Group competitors include Kainos Group, NSD Co, Digital China Information, Neusoft, Fengzhushou, BigBear.ai, Taiji Computer, Datatec, Zensar Technologies and Globant.

Most Bytes Technology Group public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Kainos Group2.3x1.9x15.7x12.3x
NSD Co1.4x1.4x7.9x-
Digital China Information0.6x0.6x41.8x-
Neusoft0.7x0.6x234.7x22.6x
Fengzhushou5.0x-49.0x-
BigBear.ai8.1x7.6x(29.5x)(33.9x)
Taiji Computer1.3x1.3x(26.3x)274.9x
Datatec0.3x-4.4x-

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About Bytes Technology Group

When was Bytes Technology Group founded?Bytes Technology Group was founded in 2020.
Where is Bytes Technology Group headquartered?Bytes Technology Group is headquartered in United Kingdom.
How many employees does Bytes Technology Group have?As of today, Bytes Technology Group has over 1K employees.
Who is the CEO of Bytes Technology Group?Bytes Technology Group's CEO is Samantha Jayne Mudd.
Is Bytes Technology Group publicly listed?Yes, Bytes Technology Group is a public company listed on London Stock Exchange.
What is the stock symbol of Bytes Technology Group?Bytes Technology Group trades under BYIT ticker.
When did Bytes Technology Group go public?Bytes Technology Group went public in 2020.
Who are competitors of Bytes Technology Group?Bytes Technology Group main competitors include Kainos Group, NSD Co, Digital China Information, Neusoft, Fengzhushou, BigBear.ai, Taiji Computer, Datatec, Zensar Technologies, Globant.
What is the current market cap of Bytes Technology Group?Bytes Technology Group's current market cap is $1.3B.
What is the current revenue of Bytes Technology Group?Bytes Technology Group's last 12 months revenue is $308M.
What is the current revenue growth of Bytes Technology Group?Bytes Technology Group revenue growth (NTM/LTM) is 8%.
What is the current EV/Revenue multiple of Bytes Technology Group?Current revenue multiple of Bytes Technology Group is 3.8x.
What is the current EBITDA of Bytes Technology Group?Bytes Technology Group's last 12 months EBITDA is $90M.
What is Bytes Technology Group's EBITDA margin?Bytes Technology Group's last 12 months EBITDA margin is 29%.
What is the current EV/EBITDA multiple of Bytes Technology Group?Current EBITDA multiple of Bytes Technology Group is 13.1x.
What is the current FCF of Bytes Technology Group?Bytes Technology Group's last 12 months FCF is $74M.
What is Bytes Technology Group's FCF margin?Bytes Technology Group's last 12 months FCF margin is 24%.
What is the current EV/FCF multiple of Bytes Technology Group?Current FCF multiple of Bytes Technology Group is 15.9x.
How many companies Bytes Technology Group has acquired to date?Bytes Technology Group hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Bytes Technology Group has invested to date?Bytes Technology Group hasn't invested in any companies yet (or none have been disclosed publicly).

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