ICABY (i-CABLE Communications) Gross Margin %: -34.72% (As of Dec. 2025)


ICABY i-CABLE Communications Ltd ICABY
24 GF Score
Price $0.11
GF Value $0.06
Valuation Modestly Overvalued
! 5 Warning Signs
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What is i-CABLE Communications Gross Margin %?

i-CABLE Communications ICABY 24 Gross Margin % is -34.72% as of Dec. 2025. GuruFocus rates ICABY with a GF Score™ of 24/100 and a GF Value™ of $0.06 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 344 Telecommunication Services companies, i-CABLE Communications ranks worse than 99.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. i-CABLE Communications's Gross Profit for the six months ended in Dec. 2025 was $-11.66 Mil. i-CABLE Communications's Revenue for the six months ended in Dec. 2025 was $33.57 Mil. Therefore, i-CABLE Communications's Gross Margin % for the quarter that ended in Dec. 2025 was -34.72%.


The historical rank and industry rank for i-CABLE Communications's Gross Margin % or its related term are showing as below:

ICABY' s Gross Margin % Range Over the Past 10 Years
Min: -36.49   Med: -10.29   Max: 17.23
Current: -30.7


During the past 13 years, the highest Gross Margin % of i-CABLE Communications was 17.23%. The lowest was -36.49%. And the median was -10.29%.

ICABY's Gross Margin % is ranked worse than
99.42% of 344 companies
in the Telecommunication Services industry
Industry Median: 51.415 vs ICABY: -30.70

i-CABLE Communications had a gross margin of -34.72% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for i-CABLE Communications was 0.00% per year.


i-CABLE Communications  (OTCPK:ICABY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

i-CABLE Communications had a gross margin of -34.72% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


i-CABLE Communications Gross Margin % Related Terms


i-CABLE Communications Gross Margin % Historical Data

* Premium members only.

The historical data trend for i-CABLE Communications's Gross Margin % 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.

i-CABLE Communications Gross Margin % Chart

i-CABLE Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.68 -22.05 -36.49 -29.90 -30.69

i-CABLE Communications Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % 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 -53.36 -34.61 -25.65 -26.90 -34.72

ICABY vs TMUS, VZ, T: Gross Margin % Comparison

For the Telecom Services subindustry, i-CABLE Communications's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


i-CABLE Communications Gross Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, i-CABLE Communications's Gross Margin % distribution charts can be found below:

* The bar in red indicates where i-CABLE Communications's Gross Margin % falls into.


ICABY
24GF Score
i-CABLE Communications Ltd ICABY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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i-CABLE Communications Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

i-CABLE Communications's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-21.3 / 69.24
=(Revenue - Cost of Goods Sold) / Revenue
=(69.24 - 90.493) / 69.24
=-30.69 %

i-CABLE Communications's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-11.7 / 33.573
=(Revenue - Cost of Goods Sold) / Revenue
=(33.573 - 45.231) / 33.573
=-34.72 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -34.72% mean?
i-CABLE Communications (ICABY) has a Gross Margin % of -34.72% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on i-CABLE Communications and its competitors. According to the industry distribution chart, i-CABLE Communications ranks #342 out of 344 companies in the Telecommunication Services industry, placing it in the top 99.4%.
Is i-CABLE Communications' Gross Margin % too high?
i-CABLE Communications' current Gross Margin % is -34.72%. Based on the distribution chart, i-CABLE Communications ranks #342 out of 344 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, i-CABLE Communications has a GF Score™ of 24/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does i-CABLE Communications' Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, i-CABLE Communications ranks #342 out of 344 companies for Gross Margin %. This places i-CABLE Communications in the lower half of its industry. The industry median Gross Margin % is 51.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.42, based on 344 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on i-CABLE Communications and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i-CABLE Communications's current Gross Margin % is -34.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is i-CABLE Communications stock overvalued right now?
Based on GuruFocus' analysis, i-CABLE Communications (ICABY) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.11 — trading 87.7% above its estimated fair value. The current Gross Margin % is -34.72%. i-CABLE Communications' overall GF Score™ is 24/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For i-CABLE Communications (ICABY), the current Gross Margin % is -34.72% as of Dec. 2025. 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 i-CABLE Communications (ICABY) Overvalued in 2026?

Based on GuruFocus' analysis, i-CABLE Communications stock appears to be overvalued. The current stock price of $0.11 is trading 87.7% above its estimated GF Value™ of $0.06. GuruFocus considers i-CABLE Communications to be Modestly Overvalued.

Key valuation signals for ICABY:

  • Gross Margin %: -34.72%
  • GF Value™: $0.06 vs. price of $0.11 (87.7% above fair value)
  • GF Score™: 24/100 with 5 warning signs

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


i-CABLE Communications Business Description

Address 9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
i-CABLE Communications Ltd is an investment holding company. Along with its subsidiaries, it operates in two business segments; the Media segment includes operations related to the domestic free television programme service, advertising, television relay service, programme licensing, theatrical release and other media related businesses; and the Telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service and mobile agency service as well as other telecommunications related businesses. A majority of its revenue is generated from the Telecommunications segment. Geographically, the group mainly operates and generates almost all of its revenue from Hong Kong.
24GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.11
Price
$0.06
GF Value