Bytes Technology Group (LSE:BYIT) FCF Yield % : 4.55 (As of May. 11, 2024)

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What is Bytes Technology Group FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Bytes Technology Group's Trailing 12-Month Free Cash Flow is £55.1 Mil, and Market Cap is £1,221.0 Mil. Therefore, Bytes Technology Group's FCF Yield % for today is 4.55%.

The historical rank and industry rank for Bytes Technology Group's FCF Yield % or its related term are showing as below:

LSE:BYIT' s FCF Yield % Range Over the Past 10 Years
Min: 2.27 Med: 3.07 Max: 5.54
Current: 4.55

During the past 6 years, the highest FCF Yield % of Bytes Technology Group was 5.54%. The lowest was 2.27%. And the median was 3.07%.

LSE:BYIT's FCF Yield % is ranked better than
75.01% of 2833 companies
in the Software industry
Industry Median: 0.33 vs LSE:BYIT: 4.55

Bytes Technology Group's FCF Margin % for the quarter that ended in Aug. 2023 was 11.01%.

Bytes Technology Group FCF Yield % Historical Data

The historical data trend for Bytes Technology Group's FCF Yield % 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 FCF Yield % Chart

Bytes Technology Group Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

FCF Yield %

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3.05

4.66

3.84

Bytes Technology Group Semi-Annual Data
	Feb18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
FCF Yield %	Get a 7-Day Free Trial						3.62	5.29	-1.27	9.01	2.06

Competitive Comparison of Bytes Technology Group's FCF Yield %

For the Software - Infrastructure subindustry, Bytes Technology Group's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Bytes Technology Group's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Bytes Technology Group's FCF Yield % falls into.

Bytes Technology Group FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Bytes Technology Group's FCF Yield % for the fiscal year that ended in Feb. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	36.788	/	956.970072
	=	3.84%

Bytes Technology Group's annualized FCF Yield % for the quarter that ended in Aug. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	11.973	*	2	/	1162.445628
	=	2.06%

Bytes Technology Group FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Bytes Technology Group FCF Yield % Related Terms

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Bytes Technology Group (LSE:BYIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bytes Technology Group PLC (LSE:BYIT) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

BYI:South Africa BYITl:UK 9NY:Germany

Address

Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW

Website

https://www.bytesplc.com

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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