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Bytes Technology GroupBYITY 65 Earnings Yield (Joel Greenblatt) % is 11.31% as of Feb. 2026, which is 147% above its 10-year median of 4.57. GuruFocus rates BYITY with a GF Score™ of 65/100 and a GF Value™ of $14.52 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,907 Software companies, Bytes Technology Group ranks better than 73.72% on this metric.
Bytes Technology Group's Enterprise Value for the quarter that ended in Feb. 2026 was $950.1 Mil.
Bytes Technology Group's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was $94.8 Mil. Bytes Technology Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2026 was 11.31%.
The historical rank and industry rank for Bytes Technology Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BYITY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.02 Med: 4.57 Max: 12.74
Current: 8.05
During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Bytes Technology Group was 12.74%. The lowest was 2.02%. And the median was 4.57%.
BYITY's Earnings Yield (Joel Greenblatt) % is ranked better than 73.72% of 2907
companies
in the Software industry
Industry Median: 2.04
vs BYITY: 8.05
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Bytes Technology Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2026 was 25.52%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Bytes Technology Group (OTCPK:BYITY) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Bytes Technology Group Earnings Yield (Joel Greenblatt) % Related Terms
Bytes Technology Group Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Bytes Technology Group's Earnings Yield (Joel Greenblatt) % 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.
Bytes Technology Group Earnings Yield (Joel Greenblatt) % Chart
For the Software - Infrastructure subindustry, Bytes Technology Group's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Bytes Technology Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bytes Technology Group's Earnings Yield (Joel Greenblatt) % falls into.
Bytes Technology Group Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Bytes Technology Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2026 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 11.31% mean?
Bytes Technology Group (BYITY) has a Earnings Yield (Joel Greenblatt) % of 11.31% as of Feb. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Bytes Technology Group and its competitors. This is 147% above median its historical median of 4.57. Over the past decade, Bytes Technology Group's Earnings Yield (Joel Greenblatt) % has ranged from 2.02 to 12.74. According to the industry distribution chart, Bytes Technology Group ranks #764 out of 2907 companies in the Software industry, placing it in the top 26.3%.
Is Bytes Technology Group's Earnings Yield (Joel Greenblatt) % too high?
Bytes Technology Group's current Earnings Yield (Joel Greenblatt) % of 11.31% is 147% above median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 12.74. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.04. Bytes Technology Group's value of 11.31% is 454.4% above this industry median. Based on the distribution chart, Bytes Technology Group ranks #764 out of 2907 companies in the Software industry, which is above the industry midpoint. Overall, Bytes Technology Group has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bytes Technology Group's Earnings Yield (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Bytes Technology Group ranks #764 out of 2907 companies for Earnings Yield (Joel Greenblatt) %. This puts Bytes Technology Group in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.04. Bytes Technology Group's value of 11.31% is 454.4% above this benchmark. Historically, Bytes Technology Group's own Earnings Yield (Joel Greenblatt) % has ranged from 2.02 to 12.74 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 2.04, Bytes Technology Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.04, based on 2,907 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bytes Technology Group's current Earnings Yield (Joel Greenblatt) % of 11.31% is 454.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Bytes Technology Group and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytes Technology Group's current Earnings Yield (Joel Greenblatt) % is 11.31%, which is 147% above median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bytes Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Bytes Technology Group (BYITY) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.52, compared to a current price of $11.25 — trading 22.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.31%, which is 147% above median its 10-year median of 4.57 and 454.4% above the Software industry median of 2.04. Bytes Technology Group's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Bytes Technology Group (BYITY), the current Earnings Yield (Joel Greenblatt) % is 11.31% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bytes Technology Group (BYITY) Overvalued in 2026?
Based on GuruFocus' analysis, Bytes Technology Group stock appears to be undervalued.
The current stock price of $11.25 is trading 22.5% below its estimated GF Value™ of $14.52.
GuruFocus considers Bytes Technology Group to be Significantly Undervalued.
Key valuation signals for BYITY:
Earnings Yield (Joel Greenblatt) %: 11.31% (147% above median its 10-year median of 4.57)
GF Value™: $14.52 vs. price of $11.25 (22.5% below fair value)
Industry Position: 454.4% above the Software median (#764 of 2907)
No single metric tells the full story. See the BYITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bytes Technology Group PLC is one of the UK's heading providers of IT software offerings and solutions, with a focus on cloud and security products. The Group enables effective and cost-efficient technology sourcing, adoption and management across software services, including in the areas of security and cloud. The company has only one reportable segment. The company's products are Software, Hardware, Services internal, and Services external. The company has presence in United Kingdom, Europe, Rest of world. The company generates majority of revenue from United Kingdom.
65GF Score
Get the complete analysis for BYITY
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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