ICABY (i-CABLE Communications) Operating Margin %: -77.87% (As of Dec. 2025)


ICABY i-CABLE Communications Ltd ICABY
24 GF Score
Price $0.11
GF Value $0.09
Valuation Modestly Overvalued
! 5 Warning Signs
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What is i-CABLE Communications Operating Margin %?

i-CABLE Communications ICABY 24 Operating Margin % is -77.87% as of Dec. 2025. GuruFocus rates ICABY with a GF Score™ of 24/100 and a GF Value™ of $0.09 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 367 Telecommunication Services companies, i-CABLE Communications ranks worse than 97% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. i-CABLE Communications's Operating Income for the six months ended in Dec. 2025 was $-26.14 Mil. i-CABLE Communications's Revenue for the six months ended in Dec. 2025 was $33.57 Mil. Therefore, i-CABLE Communications's Operating Margin % for the quarter that ended in Dec. 2025 was -77.87%.

Warning Sign:

i-CABLE Communications Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -26.5%.

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

ICABY' s Operating Margin % Range Over the Past 10 Years
Min: -71.54   Med: -38.67   Max: -21.93
Current: -66.88


ICABY's Operating Margin % is ranked worse than
97% of 367 companies
in the Telecommunication Services industry
Industry Median: 9.73 vs ICABY: -66.88

i-CABLE Communications's 5-Year Average Operating Margin % Growth Rate was -26.50% per year.

i-CABLE Communications's Operating Income for the six months ended in Dec. 2025 was $-26.14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-46.13 Mil.

Warning Sign:

i-CABLE Communications Ltd has never been profitable in the past 3 years. It lost money every year.


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

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


i-CABLE Communications Operating Margin % Related Terms


i-CABLE Communications Operating Margin % Historical Data

* Premium members only.

The historical data trend for i-CABLE Communications's Operating 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 Operating Margin % Chart

i-CABLE Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.20 -57.90 -71.55 -70.10 -66.88

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
Operating 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 -94.98 -68.08 -71.92 -56.54 -77.87

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

For the Telecom Services subindustry, i-CABLE Communications's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Telecommunication Services Industry

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

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


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

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-46.306 / 69.24
=-66.88 %

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

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-26.142 / 33.573
=-77.87 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -77.87% mean?
i-CABLE Communications (ICABY) has a Operating Margin % of -77.87% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on i-CABLE Communications and its competitors. According to the industry distribution chart, i-CABLE Communications ranks #356 out of 367 companies in the Telecommunication Services industry, placing it in the top 97%.
Is i-CABLE Communications' Operating Margin % too high?
i-CABLE Communications' current Operating Margin % is -77.87%. Based on the distribution chart, i-CABLE Communications ranks #356 out of 367 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' Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, i-CABLE Communications ranks #356 out of 367 companies for Operating Margin %. This places i-CABLE Communications in the lower half of its industry. The industry median Operating Margin % is 9.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.73, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on i-CABLE Communications and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i-CABLE Communications's current Operating Margin % is -77.87%. 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 $0.09, compared to a current price of $0.11 — trading 25.1% above its estimated fair value. The current Operating Margin % is -77.87%. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For i-CABLE Communications (ICABY), the current Operating Margin % is -77.87% 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 25.1% above its estimated GF Value™ of $0.09. GuruFocus considers i-CABLE Communications to be Modestly Overvalued.

Key valuation signals for ICABY:

  • Operating Margin %: -77.87%
  • GF Value™: $0.09 vs. price of $0.11 (25.1% 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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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.11
Price
$0.09
GF Value