Bytes Technology GroupBYITY -7.06%66 Interest Coverage is 186.16 as of Feb. 2026, which is 5% above its 10-year median of 176.52. GuruFocus rates BYITY with a GF Score™ of 66/100 and a GF Value™ of $14.56 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,706 Software companies, Bytes Technology Group ranks better than 75.73% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Bytes Technology Group's
Operating Income
for the
six
months ended in Feb. 2026 was $40.8 Mil. Bytes Technology Group's Interest Expense for the
six
months ended in Feb. 2026 was $-0.2 Mil.
Bytes Technology Group's interest coverage for the quarter that ended in Feb. 2026 was 186.16.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Bytes Technology Group PLC has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Bytes Technology Group's Interest Coverage or its related term are showing as below:
BYITY'
s Interest Coverage Range Over the Past 10 Years
Min: 71.82 Med: 176.52 Max: 18695
Current: 196.65
BYITY's Interest Coverage is ranked better than 75.73% of 1706
companies
in the Software industry
Industry Median: 24.695
vs BYITY: 196.65
Bytes Technology Group (OTCPK:BYITY) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Bytes Technology Group Interest Coverage Related Terms
Bytes Technology Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for Bytes Technology Group's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
BYITY vs MSFT, ORCL, PLTR: Interest Coverage Comparison
For the Software - Infrastructure subindustry, Bytes Technology Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Software Industry
For the Software industry and Technology sector, Bytes Technology Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Bytes Technology Group's Interest Coverage falls into.
Bytes Technology Group Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (BYITY) has a Interest Coverage of 186.16 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bytes Technology Group and its competitors. This is near median its historical median of 176.52. Over the past decade, Bytes Technology Group's Interest Coverage has ranged from 71.82 to 18,695.00. According to the industry distribution chart, Bytes Technology Group ranks #414 out of 1706 companies in the Software industry, placing it in the top 24.3%.
Is Bytes Technology Group's Interest Coverage too high?
Bytes Technology Group's current Interest Coverage of 186.16 is near median its 10-year median of 176.52. Over the past 10 years, this metric has ranged from a low of 71.82 to a high of 18,695.00. The Software industry median Interest Coverage is 24.70. Bytes Technology Group's value of 186.16 is 653.8% above this industry median. Based on the distribution chart, Bytes Technology Group ranks #414 out of 1706 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Bytes Technology Group has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bytes Technology Group's Interest Coverage compare to MSFT and ORCL?
According to the Software industry distribution chart, Bytes Technology Group ranks #414 out of 1706 companies for Interest Coverage. This places Bytes Technology Group in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.70. Bytes Technology Group's value of 186.16 is 653.8% above this benchmark. Historically, Bytes Technology Group's own Interest Coverage has ranged from 71.82 to 18,695.00 over the past decade. While the company's 10-year median is 176.52 vs. the industry median of 24.70, 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 Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.70, based on 1,706 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bytes Technology Group's current Interest Coverage of 186.16 is 653.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bytes Technology Group and its competitors. For the Software industry, the median Interest Coverage is 24.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytes Technology Group's current Interest Coverage is 186.16, which is near median its own 10-year median of 176.52. 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 $14.56, compared to a current price of $9.88 — trading 32.1% below its estimated fair value. The current Interest Coverage is 186.16, which is near median its 10-year median of 176.52 and 653.8% above the Software industry median of 24.70. Bytes Technology Group's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Bytes Technology Group (BYITY), the current Interest Coverage is 186.16 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 $9.88 is trading 32.1% below its estimated GF Value™ of $14.56.
GuruFocus considers Bytes Technology Group to be Significantly Undervalued.
Key valuation signals for BYITY:
Interest Coverage: 186.16 (near median its 10-year median of 176.52)
GF Value™: $14.56 vs. price of $9.88 (32.1% below fair value)
Industry Position: 653.8% above the Software median (#414 of 1706)
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.
66GF Score
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