Bytes Technology Group Valuation Multiples

Bytes Technology Group is valued at $1.4B as of October 2026, a 4.0x revenue multiple. In the last 12 months, Bytes Technology Group revenue was $325M and Bytes Technology Group EBITDA was $93M.

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: $325M
EBITDA: $93M

EV

$1.3B

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Bytes Technology Group Financials

Bytes Technology Group reported last 12-month revenue of $325M and EBITDA of $93M.

In the same LTM period, Bytes Technology Group generated $249M in gross profit, $93M in EBITDA, and $71M in net income.

Revenue (LTM)


Bytes Technology Group P&L

In the most recent fiscal year, Bytes Technology Group reported revenue of $295M and EBITDA of $88M.

Bytes Technology Group is profitable as of last fiscal year, with gross margin of 76%, EBITDA margin of 30%, and net margin of 23%.

See analyst estimates for Bytes Technology Group
LTMLast FY202320242025202620272028
Revenue$325M$295M$275M$292M$298M
Gross Profit$249M$224M$194M$217M$226M
Gross Margin76%76%70%74%76%
EBITDA$93M$88M$79M$91M$90M
EBITDA Margin28%30%29%31%30%
EBIT Margin27%28%27%30%29%
Net Profit$71M$69M$62M$72M$70M
Net Margin22%23%23%25%24%
Net Debt-($129M)---

Financial data powered by Morningstar, Inc.

Bytes Technology Group Stock Performance

Bytes Technology Group has current market cap of $1.4B, and enterprise value of $1.3B.

Market Cap Evolution


Bytes Technology Group's stock price is $6.05.

Bytes Technology Group share price increased by 32.1% 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
$1.3B$1.4B0.0%0.0%1.8%32.1%$0.30

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Bytes Technology Group Valuation Multiples

Bytes Technology Group trades at 4.0x EV/Revenue multiple, and 14.1x EV/EBITDA.

See NTM and 2027E valuation multiples for Bytes Technology Group

EV / Revenue (LTM)


Bytes Technology Group Financial Valuation Multiples

As of November 2, 2026, Bytes Technology Group has market cap of $1.4B and EV of $1.3B.

Bytes Technology Group has a P/E ratio of 19.7x.

LTMLast FY202320242025202620272028
EV/Revenue4.0x4.4x4.7x4.5x4.4x
EV/EBITDA14.1x14.8x16.5x14.3x14.5x
EV/EBIT14.8x15.5x17.3x14.9x15.2x
EV/Gross Profit5.2x5.8x6.7x6.0x5.8x
P/E19.7x20.3x22.5x19.2x19.8x
EV/FCF16.2x17.7x18.3x15.2x17.0x

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 15% and EBITDA by 7% in the last fiscal year.

In the most recent fiscal year, Bytes Technology Group reported gross margin of 76%, EBITDA margin of 30%, and net margin of 23%.

See estimated margins and future growth rates for Bytes Technology Group

Bytes Technology Group Margins

Last FY202420252026202720282029
Gross Margin76%74%76%77%
EBITDA Margin30%31%30%28%
EBIT Margin28%30%29%27%
Net Margin23%25%24%21%
FCF Margin25%29%26%25%

Bytes Technology Group Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth15%6%2%11%
Gross Profit Growth16%12%4%12%
EBITDA Growth7%16%(2%)4%
EBIT Growth7%16%(2%)3%
Net Profit Growth4%17%(3%)1%
FCF Growth13%21%(10%)6%

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 39% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Bytes Technology Group's Rule of X is 56% (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 4039%39%---
Bessemer Rule of X56%56%---
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 Kontron, Future Corporation, 4iG, ESDS Software, Neusoft, TKC, Digital China Information, Black Box, NSD Co and Zensar Technologies.

Most Bytes Technology Group public comparables operate across IT Consulting.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Kontron$1.8B$265M1.0x1.0x6.6x7.2x
Future Corporation$482M$132M2.6x2.4x9.3x9.9x
4iG$2.3B$908M2.3x-5.8x-
ESDS Software$50M$25M26.2x9.5x52.5x38.9x
Neusoft$1.8B$3M0.7x0.7x412.4x250.1x
TKC$530M$134M2.1x2.0x8.2x-
Digital China Information$2B$27M0.7x0.7x48.5x-
Black Box$665M$45M2.3x2.1x34.1x22.9x

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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 Kontron, Future Corporation, 4iG, ESDS Software, Neusoft, TKC, Digital China Information, Black Box, NSD Co, Zensar Technologies.
What is the current market cap of Bytes Technology Group?Bytes Technology Group's current market cap is $1.4B.
What is the current revenue of Bytes Technology Group?Bytes Technology Group's last 12 months revenue is $325M.
What is the current revenue growth of Bytes Technology Group?Bytes Technology Group revenue growth (NTM/LTM) is 11%.
What is the current EV/Revenue multiple of Bytes Technology Group?Current revenue multiple of Bytes Technology Group is 4.0x.
What is the current EBITDA of Bytes Technology Group?Bytes Technology Group's last 12 months EBITDA is $93M.
What is Bytes Technology Group's EBITDA margin?Bytes Technology Group's last 12 months EBITDA margin is 28%.
What is the current EV/EBITDA multiple of Bytes Technology Group?Current EBITDA multiple of Bytes Technology Group is 14.1x.
What is the current FCF of Bytes Technology Group?Bytes Technology Group's last 12 months FCF is $80M.
What is Bytes Technology Group's FCF margin?Bytes Technology Group's last 12 months FCF margin is 25%.
What is the current EV/FCF multiple of Bytes Technology Group?Current FCF multiple of Bytes Technology Group is 16.2x.
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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