BYTE Acquisition Corp Valuation
| BYTSDelisted Stock | USD 10.71 0.00 0.00% |
At this time, the firm appears to be overvalued. BYTE Acquisition Corp shows a prevailing Real Value of $9.07 per share. The current price of the firm is $10.71. Our model approximates the value of BYTE Acquisition Corp from analyzing the firm fundamentals such as return on asset of -0.0137, and Shares Outstanding of 10.96 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that BYTE Acquisition's price fluctuation is very steady at this time. Calculation of the real value of BYTE Acquisition Corp is based on 3 months time horizon. Increasing BYTE Acquisition's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the BYTE stock is determined by what a typical buyer is willing to pay for full or partial control of BYTE Acquisition Corp. Since BYTE Acquisition is currently traded on the exchange, buyers and sellers on that exchange determine the market value of BYTE Stock. However, BYTE Acquisition's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.71 | Real 9.07 | Hype 10.71 |
The intrinsic value of BYTE Acquisition's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence BYTE Acquisition's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of BYTE Acquisition Corp helps investors to forecast how BYTE stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of BYTE Acquisition more accurately as focusing exclusively on BYTE Acquisition's fundamentals will not take into account other important factors: BYTE Acquisition Total Value Analysis
BYTE Acquisition Corp is currently anticipated to have valuation of 71.25 M with market capitalization of 115.07 M, debt of , and cash on hands of 1.26 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the BYTE Acquisition fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
71.25 M | 115.07 M | 1.26 M |
BYTE Acquisition Asset Utilization
One of the ways to look at asset utilization of BYTE is to check how much profit was generated for every dollar of assets it reports. BYTE Acquisition Corp shows a negative utilization of assets of -0.0137 percent, losing $1.37E-4 for each dollar of assets held by the firm. Ineffective asset utilization signifies that the company is being less competent with each dollar of assets it shows. Put another way, asset utilization of BYTE Acquisition Corp shows how unsuccessful it operates for each dollar spent on its assets.BYTE Acquisition Ownership Allocation
The market capitalization of BYTE Acquisition Corp is $115.07 Million. BYTE Acquisition Corp shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 88.44 percent of BYTE Acquisition Corp outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that nearly four hundred fourty-eight thousand two hundred sixty invesors are currently shorting BYTE Acquisition expressing very little confidence in its future performance.BYTE Acquisition Profitability Analysis
Net Income was 10.63 M with profit before overhead, payroll, taxes, and interest of 0.About BYTE Acquisition Valuation
The delisted stock valuation mechanism determines BYTE Acquisition's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of BYTE Acquisition Corp based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of BYTE Acquisition. We calculate exposure to BYTE Acquisition's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of BYTE Acquisition's related companies.BYTE Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in New York, New York. Byte Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
BYTE Acquisition Growth Indicators
Investing in growth stocks can be very risky. If the company such as BYTE Acquisition does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 41.5 M | |
| Quarterly Earnings Growth Y O Y | -0.664 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in BYTE Stock
If you are still planning to invest in BYTE Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BYTE Acquisition's history and understand the potential risks before investing.
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