BYITY (Bytes Technology Group) Scaled Net Operating Assets: -0.04 (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 Scaled Net Operating Assets?

Bytes Technology Group BYITY -7.06% 66 Scaled Net Operating Assets is -0.04 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bytes Technology Group's operating assets for the quarter that ended in Feb. 2026 was $510.2 Mil. Bytes Technology Group's operating liabilities for the quarter that ended in Feb. 2026 was $531.3 Mil. Bytes Technology Group's Total Assets for the quarter that ended in Aug. 2025 was $565.2 Mil. Therefore, Bytes Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was -0.04.

Bytes Technology Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bytes Technology Group's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only -0.10 -0.03 -0.03 -0.03 -0.04

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Scaled Net Operating Assets 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 -0.03 0.02 -0.04 -0.01 -0.04

BYITY vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, Bytes Technology Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Bytes Technology Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Bytes Technology Group's Scaled Net Operating Assets falls into.


BYITY
66GF Score
Bytes Technology Group PLC BYITY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bytes Technology Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bytes Technology Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(510.167-531.29)/571.181
=-0.04

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=644.197 - 134.03
=510.167

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=533.98 - 1.546 - 1.144
=531.29

Bytes Technology Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(510.167-531.29)/565.195
=-0.04

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=644.197 - 134.03
=510.167

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=533.98 - 1.546 - 1.144
=531.29

* 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.

What does a Scaled Net Operating Assets of -0.04 mean?
Bytes Technology Group (BYITY) has a Scaled Net Operating Assets of -0.04 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bytes Technology Group and its competitors.
Is Bytes Technology Group's Scaled Net Operating Assets too high?
Bytes Technology Group's current Scaled Net Operating Assets is -0.04. 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 Scaled Net Operating Assets compare to MSFT and ORCL?
Bytes Technology Group's Scaled Net Operating Assets of -0.04 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bytes Technology Group and its competitors. Bytes Technology Group's current Scaled Net Operating Assets is -0.04. 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 Scaled Net Operating Assets is -0.04. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Bytes Technology Group (BYITY), the current Scaled Net Operating Assets is -0.04 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:

  • Scaled Net Operating Assets: -0.04
  • GF Value™: $16.11 vs. price of $9.88 (38.7% below fair value)
  • GF Score™: 66/100 with 2 warning signs

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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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.88
Price
$16.11
GF Value