BYTE Acquisition Corp.

BYTE Acquisition Corp.verified

BYTS

Price:

$6.49

Market Cap:

$71.13M

BYTE Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its search for targets in the Israeli technology industry, including cybersecurity, automotive technology, fintech, enterprise software, cloud computing, semiconductors, medical technology, artificial intelligence, and robotics. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-05-10

Stock Exchange

NASDAQ

Ticker

BYTS

The ROE as of September 2024 (TTM) for BYTE Acquisition Corp. (BYTS) is 14.10%

According to BYTE Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is 14.10%. This represents a change of -161.69% compared to the average of -22.86% of the last 4 quarters.

BYTE Acquisition Corp. (BYTS) Historical ROE (quarterly & annually)

How has BYTS ROE performed in the past?

The mean historical ROE of BYTE Acquisition Corp. over the last ten years is 4.40%. The current 14.10% ROE has changed 220.25% with respect to the historical average. Over the past ten years (40 quarters), BYTS's ROE was at its highest in in the March 2023 quarter at 27.35%. The ROE was at its lowest in in the September 2023 quarter at -101.39%.

Quarterly (TTM)
Annual

Average

4.40%

Median

4.40%

Minimum

1.64%

Maximum

7.16%

BYTE Acquisition Corp. (BYTS) ROE by Quarter and Year

Discovering the peaks and valleys of BYTE Acquisition Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 336.15%

Maximum Annual ROE = 7.16%

Minimum Annual Increase = 0%

Minimum Annual ROE = 1.64%

Quarterly (TTM)
Annual
YearROEChange
20227.16%336.15%

BYTE Acquisition Corp. (BYTS) Average ROE

How has BYTS ROE performed in the past?

The current ROE of BYTE Acquisition Corp. (BYTS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.40%

5-year avg

4.40%

10-year avg

4.40%

BYTE Acquisition Corp. (BYTS) ROE vs. Peers

How is BYTS’s ROE compared to its peers?

BYTE Acquisition Corp.’s ROE is less than Patria Latin American Opportunity Acquisition Corp. (0%), less than Phoenix Biotech Acquisition Corp. (5.79%), less than Target Global Acquisition I Corp. (2.03%), less than Power & Digital Infrastructure Acquisition II Corp. (1.80%), less than Stratim Cloud Acquisition Corp. (0.85%), less than OPY Acquisition Corp. I (0.30%), greater than Healthcare AI Acquisition Corp. (-1.05%), less than Metal Sky Star Acquisition Corporation (7.46%), less than Worldwide Webb Acquisition Corp. (5.11%), greater than null (-30.85%),

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