BYITY (Bytes Technology Group) ROCE %: 74.18% (As of Feb. 2026)


BYITY Bytes Technology Group PLC BYITY
66 GF Score
Price $9.88
GF Value $16.11
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Bytes Technology Group ROCE %?

Bytes Technology Group BYITY -7.06% 66 ROCE % is 74.18% as of Feb. 2026. GuruFocus rates BYITY with a GF Score™ of 66/100 and a GF Value™ of $16.11 (Significantly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Bytes Technology Group's annualized ROCE % for the quarter that ended in Feb. 2026 was 74.18%.

Bytes Technology Group  (OTCPK:BYITY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Bytes Technology Group ROCE % Related Terms

Bytes Technology Group ROCE % Historical Data

* Premium members only.

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

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROCE %
Get a 7-Day Free Trial Premium Member Only 114.28 83.12 86.10 81.57 77.73

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.39 103.71 71.89 87.32 74.18
BYITY
66GF Score
Bytes Technology Group PLC BYITY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bytes Technology Group ROCE % Calculation

Bytes Technology Group's annualized ROCE % for the fiscal year that ended in Feb. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=95.314/( ( (571.181 - 444.021) + (644.197 - 526.11) )/ 2 )
=95.314/( (127.16+118.087)/ 2 )
=95.314/122.6235
=77.73 %

Bytes Technology Group's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=85.282/( ( (565.195 - 453.341) + (644.197 - 526.11) )/ 2 )
=85.282/( ( 111.854 + 118.087 )/ 2 )
=85.282/114.9705
=74.18 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 74.18% mean?
Bytes Technology Group (BYITY) has a ROCE % of 74.18% as of Feb. 2026.
Is Bytes Technology Group's ROCE % too high?
Bytes Technology Group's current ROCE % is 74.18%. The Software industry median ROCE % is 5.27. Bytes Technology Group's value of 74.18% is 1307.6% above this industry median. 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 ROCE % compare to MSFT and ORCL?
Bytes Technology Group's ROCE % of 74.18% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Bytes Technology Group's value of 74.18% is 1307.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.27, based on 2,711 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bytes Technology Group's current ROCE % of 74.18% is 1307.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytes Technology Group's current ROCE % is 74.18%. 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 $16.11, compared to a current price of $9.88 — trading 38.7% below its estimated fair value. The current ROCE % is 74.18% and 1307.6% above the Software industry median of 5.27. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Bytes Technology Group (BYITY), the current ROCE % is 74.18% 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 38.7% below its estimated GF Value™ of $16.11. GuruFocus considers Bytes Technology Group to be Significantly Undervalued.

Key valuation signals for BYITY:

  • ROCE %: 74.18%
  • GF Value™: $16.11 vs. price of $9.88 (38.7% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 1307.6% above the Software median

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 Business Description

Address Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.88
Price
$16.11
GF Value