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Live Chart Being Loaded With Signals

Commentary (24 Apr 2024 @ 11:35):

Stats
Today's Volume	395 926
Average Volume	958 513
Market Cap	1.17B
EPS	£0 ( 2023-10-25 )
Next earnings date	( £0 ) 2024-05-26
Last Dividend	£7.50 ( 2023-07-20 )
Next Dividend	£0 ( N/A )
P/E	27.12
ATR14	£0.378 (0.08%)

Volume Correlation

Long: 0.04 (neutral)

Short: -0.66 (moderate negative)

Signal:(49.377) Neutral

Bytes Technology Group Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Bytes Technology Group Correlation - Currency/Commodity

0.55
( weak )

0.57
( weak )

0.20
( neutral )

0.55
( weak )

0.35
( neutral )

0.64
( weak )

Bytes Technology Group Financials

Annual	2022
Revenue:	£184.42M
Gross Profit:	£149.39M (81.01 %)
EPS:	£0.170

Q2	2023
Revenue:	£108.70M
Gross Profit:	£74.19M (68.25 %)
EPS:	£0.110

Q4	2022
Revenue:	£90.89M
Gross Profit:	£63.00M (69.31 %)
EPS:	£0.0781

Q3	2022
Revenue:	£111.98M
Gross Profit:	£26.84M (23.97 %)
EPS:	£0.0335

Financial Reports:

No articles found.

Bytes Technology Group Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
£6.20 (N/A)	£2.40 (N/A)	£0 (N/A)	£0 (N/A)	£7.50 (N/A)	£0 (N/A)	£0 (N/A)	£0 (N/A)	£0 (N/A)	£0 (N/A)

Bytes Technology Group Dividend Information - Dividend Knight

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 6.56 - Stable (31.18%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	£2.00	2021-11-18
Last Dividend	£7.50	2023-07-20
Next Dividend	£0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	4	--
Total Paid Out	£18.10	--
Avg. Dividend % Per Year	0.95%	--
Score	3.71	--
Div. Sustainability Score	10.00
Div.Growth Potential Score	6.56
Div. Directional Score	9.30	--

Next Divdend (Est)
(2024-08-22)

£11.12 Estimate 3.33 %

Dividend Stability

0.27 Very Poor

Dividend Score

3.71

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2021	£2.00	0.60%
2022	£8.60	1.52%
2023	£7.50	1.94%
2024	£0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for LSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
UKCM.L	Dividend King	2023-08-17	Quarterly	18	2.99%
MNKS.L	Dividend Junior	2023-07-27	Annually	53	0.16%
DIVI.L	Dividend Knight	2023-09-28	Quarterly	14	1.99%
SEIT.L	Dividend Knight	2023-09-14	Quarterly	6	3.23%
IGG.L	Dividend King	2023-09-21	Semi-Annually	19	3.67%
BNZL.L	Dividend King	2023-11-16	Semi-Annually	32	1.40%
WSP.L	Dividend Knight	2023-06-29	Semi-Annually	30	1.95%
NVT.L	Dividend Knight	2023-07-20	Semi-Annually	29	4.15%
EPWN.L	Dividend Knight	2023-09-28	Annually	11	2.16%
SPI.L	Dividend Junior	2023-05-25	Annually	10	0.18%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.221	1.500	5.58	8.37	[0 - 0.5]
returnOnAssetsTTM	0.145	1.200	5.15	6.18	[0 - 0.3]
returnOnEquityTTM	0.726	1.500	3.04	4.57	[0.1 - 1]
payoutRatioTTM	0.815	-1.000	1.855	-1.855	[0 - 1]
currentRatioTTM	1.022	0.800	9.89	7.91	[1 - 3]
quickRatioTTM	1.010	0.800	8.77	7.01	[0.8 - 2.5]
cashRatioTTM	0.215	1.500	9.92	10.00	[0.2 - 2]
debtRatioTTM	0.00448	-1.500	9.93	-10.00	[0 - 0.6]
interestCoverageTTM	112.91	1.000	10.00	10.00	[3 - 30]
operatingCashFlowPerShareTTM	0.237	2.00	9.92	10.00	[0 - 30]
freeCashFlowPerShareTTM	0.230	2.00	9.88	10.00	[0 - 20]
debtEquityRatioTTM	0.0226	-1.500	9.91	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.687	1.000	1.877	1.877	[0.2 - 0.8]
operatingProfitMarginTTM	0.272	1.000	6.57	6.57	[0.1 - 0.6]
cashFlowToDebtRatioTTM	41.79	1.000	10.00	10.00	[0.2 - 2]
assetTurnoverTTM	0.658	0.800	8.95	7.16	[0.5 - 2]
Total Score				12.05

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	26.58	1.000	7.42	0	[1 - 100]
returnOnEquityTTM	0.726	2.50	5.53	4.57	[0.1 - 1.5]
freeCashFlowPerShareTTM	0.230	2.00	9.92	10.00	[0 - 30]
dividendYielPercentageTTM	2.64	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	0.237	2.00	9.92	10.00	[0 - 30]
payoutRatioTTM	0.815	1.500	1.855	-1.855	[0 - 1]
pegRatioTTM	124.02	1.500	10.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.284	1.000	5.39	0	[0.1 - 0.5]
Total Score				6.56

Bytes Technology Group

Bytes Technology Group plc offers software, IT security, hardware, and cloud services in the United Kingdom, rest of Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and externally and internally provided training and consulting services. It also offers IT consulting and support services, including IT deployment and training. The company sells its products and services under the Bytes Software Services and Phoenix brands. It serves small- and medium-sized businesses, enterprises, and public sector organizations. The company was founded in 1982 and is headquartered in Leatherhead, the United Kingdom.