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Sky Network TelevisionASX:SKT -3.16%66 Return-on-Tangible-Equity is 67.97% as of Dec. 2025, which is 92% above its 10-year median of 35.38. GuruFocus rates ASX:SKT with a GF Score™ of 66/100 and a GF Value™ of A$2.51 (Fairly Valued). The stock has 7 warning signs investors should review. Among 864 Media - Diversified companies, Sky Network Television ranks better than 84.61% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Sky Network Television's annualized net income for the quarter that ended in Dec. 2025 was A$90.9 Mil. Sky Network Television's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$133.8 Mil. Therefore, Sky Network Television's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 67.97%.
The historical rank and industry rank for Sky Network Television's Return-on-Tangible-Equity or its related term are showing as below:
ASX:SKT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.82 Med: 35.38 Max: 58.28
Current: 51.9
During the past 13 years, Sky Network Television's highest Return-on-Tangible-Equity was 58.28%. The lowest was 14.82%. And the median was 35.38%.
ASX:SKT's Return-on-Tangible-Equity is ranked better than 84.61% of 864
companies
in the Media - Diversified industry
Industry Median: 5.44
vs ASX:SKT: 51.90
Sky Network Television (ASX:SKT) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Sky Network Television Return-on-Tangible-Equity Related Terms
Sky Network Television Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sky Network Television's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart
ASX:SKT vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, Sky Network Television's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sky Network Television's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sky Network Television's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 67.97% mean?
Sky Network Television (ASX:SKT) has a Return-on-Tangible-Equity of 67.97% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sky Network Television and its competitors. This is 92% above median its historical median of 35.38. Over the past decade, Sky Network Television's Return-on-Tangible-Equity has ranged from 14.82 to 58.28. According to the industry distribution chart, Sky Network Television ranks #133 out of 864 companies in the Media - Diversified industry, placing it in the top 15.4%.
Is Sky Network Television's Return-on-Tangible-Equity too high?
Sky Network Television's current Return-on-Tangible-Equity of 67.97% is 92% above median its 10-year median of 35.38. Over the past 10 years, this metric has ranged from a low of 14.82 to a high of 58.28. The Media - Diversified industry median Return-on-Tangible-Equity is 5.44. Sky Network Television's value of 67.97% is 1149.4% above this industry median. Based on the distribution chart, Sky Network Television ranks #133 out of 864 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Sky Network Television has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sky Network Television's Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Sky Network Television ranks #133 out of 864 companies for Return-on-Tangible-Equity. This places Sky Network Television in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.44. Sky Network Television's value of 67.97% is 1149.4% above this benchmark. Historically, Sky Network Television's own Return-on-Tangible-Equity has ranged from 14.82 to 58.28 over the past decade. While the company's 10-year median is 35.38 vs. the industry median of 5.44, Sky Network Television has consistently been above 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 Return-on-Tangible-Equity for a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.44, based on 864 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sky Network Television's current Return-on-Tangible-Equity of 67.97% is 1149.4% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sky Network Television and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Network Television's current Return-on-Tangible-Equity is 67.97%, which is 92% above median its own 10-year median of 35.38. 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?
Based on GuruFocus' analysis, Sky Network Television (ASX:SKT) is currently considered Fairly Valued. The stock's GF Value™ is A$2.51, compared to a current price of A$2.76 — trading 10% above its estimated fair value. The current Return-on-Tangible-Equity is 67.97%, which is 92% above median its 10-year median of 35.38 and 1149.4% above the Media - Diversified industry median of 5.44. Sky Network Television's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Sky Network Television (ASX:SKT), the current Return-on-Tangible-Equity is 67.97% 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 Sky Network Television (ASX:SKT) Overvalued in 2026?
Based on GuruFocus' analysis, Sky Network Television stock appears to be overvalued.
The current stock price of A$2.76 is trading 10% above its estimated GF Value™ of A$2.51.
GuruFocus considers Sky Network Television to be Fairly Valued.
Key valuation signals for ASX:SKT:
Return-on-Tangible-Equity: 67.97% (92% above median its 10-year median of 35.38)
GF Value™: A$2.51 vs. price of A$2.76 (10% above fair value)
Industry Position: 1149.4% above the Media - Diversified median (#133 of 864)
No single metric tells the full story. See the ASX:SKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
66GF Score
Get the complete analysis for ASX:SKT
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