SYKWF (Sky Network Television) Piotroski F-Score: 4 (As of Jun. 28, 2026) — 33% Below Median


SYKWF Sky Network Television Ltd SYKWF
73 GF Score
Price $1.89
GF Value $1.79
! 7 Warning Signs
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What is Sky Network Television Piotroski F-Score?

Sky Network Television SYKWF 73 Piotroski F-Score is 4 as of Jun. 28, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates SYKWF with a GF Score™ of 73/100 and a GF Value™ of $1.79. The stock has 7 warning signs investors should review. Among 1,009 Media - Diversified companies, Sky Network Television ranks worse than 59.46% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Sky Network Television has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Sky Network Television's Piotroski F-Score or its related term are showing as below:

SYKWF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Sky Network Television was 8. The lowest was 4. And the median was 6.

Sky Network Television  (OTCPK:SYKWF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Sky Network Television Piotroski F-Score Related Terms


Sky Network Television Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sky Network Television's Piotroski F-Score 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.

Sky Network Television Piotroski F-Score Chart

Sky Network Television Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 4.00 8.00 4.00

Sky Network Television Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 8.00 0.00 4.00 0.00

SYKWF vs NFLX, DIS, WBD: Piotroski F-Score Comparison

For the Entertainment subindustry, Sky Network Television's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Sky Network Television Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sky Network Television's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sky Network Television's Piotroski F-Score falls into.


SYKWF
73GF Score
Sky Network Television Ltd SYKWF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was $12.2 Mil.
Cash Flow from Operations was $72.5 Mil.
Revenue was $453.1 Mil.
Gross Profit was $209.2 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (418.284 + 406.075) / 2 = $412.1795 Mil.
Total Assets at the begining of this year (Jun24) was $418.3 Mil.
Long-Term Debt & Capital Lease Obligation was $30.1 Mil.
Total Current Assets was $101.6 Mil.
Total Current Liabilities was $107.4 Mil.
Net Income was $30.1 Mil.

Revenue was $470.7 Mil.
Gross Profit was $230.3 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (423.42 + 418.284) / 2 = $420.852 Mil.
Total Assets at the begining of last year (Jun23) was $423.4 Mil.
Long-Term Debt & Capital Lease Obligation was $9.4 Mil.
Total Current Assets was $145.6 Mil.
Total Current Liabilities was $132.7 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Sky Network Television's current Net Income (TTM) was 12.2. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Sky Network Television's current Cash Flow from Operations (TTM) was 72.5. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun24)
=12.208/418.284
=0.02918591

ROA (Last Year)=Net Income/Total Assets (Jun23)
=30.058/423.42
=0.07098862

Sky Network Television's return on assets of this year was 0.02918591. Sky Network Television's return on assets of last year was 0.07098862. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Sky Network Television's current Net Income (TTM) was 12.2. Sky Network Television's current Cash Flow from Operations (TTM) was 72.5. ==> 72.5 > 12.2 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=30.103/412.1795
=0.07303371

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=9.44/420.852
=0.02243069

Sky Network Television's gearing of this year was 0.07303371. Sky Network Television's gearing of last year was 0.02243069. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun25)=Total Current Assets/Total Current Liabilities
=101.645/107.426
=0.94618621

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=145.621/132.699
=1.09737828

Sky Network Television's current ratio of this year was 0.94618621. Sky Network Television's current ratio of last year was 1.09737828. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Sky Network Television's number of shares in issue this year was 137.675. Sky Network Television's number of shares in issue last year was 137.675. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=209.173/453.062
=0.46168736

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=230.266/470.678
=0.48922193

Sky Network Television's gross margin of this year was 0.46168736. Sky Network Television's gross margin of last year was 0.48922193. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun24)
=453.062/418.284
=1.08314447

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=470.678/423.42
=1.11161022

Sky Network Television's asset turnover of this year was 1.08314447. Sky Network Television's asset turnover of last year was 1.11161022. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+0+0+1+0+0
=4

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Sky Network Television has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Sky Network Television (SYKWF) has a Piotroski F-Score of 4 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sky Network Television and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Sky Network Television's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Sky Network Television ranks #600 out of 1009 companies in the Media - Diversified industry, placing it in the top 59.5%.
Is Sky Network Television's Piotroski F-Score too high?
Sky Network Television's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Sky Network Television's value of 4 is 20% below this industry median. Based on the distribution chart, Sky Network Television ranks #600 out of 1009 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Sky Network Television has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Sky Network Television's Piotroski F-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Sky Network Television ranks #600 out of 1009 companies for Piotroski F-Score. This places Sky Network Television in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sky Network Television's value of 4 is 20% below this benchmark. Historically, Sky Network Television's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sky Network Television has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sky Network Television's current Piotroski F-Score of 4 is 20% below 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sky Network Television and its competitors. For the Media - Diversified industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Network Television's current Piotroski F-Score is 4, which is 33% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Network Television stock overvalued right now?
Sky Network Television (SYKWF) has a current Piotroski F-Score of 4. The stock's GF Value™ is $1.79, compared to a current price of $1.89 — trading 5.6% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Media - Diversified industry median of 5.00. Sky Network Television's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Sky Network Television (SYKWF), the current Piotroski F-Score is 4 as of Jun. 28, 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 Sky Network Television (SYKWF) Overvalued in 2026?

Based on GuruFocus' analysis, Sky Network Television stock appears to be overvalued. The current stock price of $1.89 is trading 5.6% above its estimated GF Value™ of $1.79.

Key valuation signals for SYKWF:

  • Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: $1.79 vs. price of $1.89 (5.6% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 20% below the Media - Diversified median (#600 of 1009)

No single metric tells the full story. See the SYKWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sky Network Television Business Description

Address 10 Panorama Road, Mt Wellington, Auckland, NZL, 1060
Sky Network Television Ltd is the sole traditional, set-top-box-based pay-TV service operator in New Zealand. It distributes local and overseas content, including sports, to its customers via a digital satellite network. It generates subscription and content revenue from these customers via set-top-boxes. This business is augmented by an advertising-supported free-to-air television channel, Prime. Sky also runs subscription video on demand, or SVOD, streaming businesses Sky Sports Now and Neon, while it began reselling fixed-line fiber broadband access in 2021.
73GF Score

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.89
Price
$1.79
GF Value