SKKY (Skkynet Cloud Systems) Return-on-Tangible-Equity: -51.11% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SKKY Skkynet Cloud Systems Inc SKKY
45 GF Score
Price $0.49
GF Value $0.45
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Skkynet Cloud Systems Return-on-Tangible-Equity?

Skkynet Cloud Systems SKKY 45 Return-on-Tangible-Equity is -51.11% as of Apr. 2026. GuruFocus rates SKKY with a GF Score™ of 45/100 and a GF Value™ of $0.45 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,480 Software companies, Skkynet Cloud Systems ranks worse than 83.67% 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. Skkynet Cloud Systems's annualized net income for the quarter that ended in Apr. 2026 was $-0.44 Mil. Skkynet Cloud Systems's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $0.85 Mil. Therefore, Skkynet Cloud Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was -51.11%.

The historical rank and industry rank for Skkynet Cloud Systems's Return-on-Tangible-Equity or its related term are showing as below:

SKKY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -308.58   Med: -47.43   Max: 12.33
Current: -32.75

During the past 13 years, Skkynet Cloud Systems's highest Return-on-Tangible-Equity was 12.33%. The lowest was -308.58%. And the median was -47.43%.

SKKY's Return-on-Tangible-Equity is ranked worse than
83.67% of 2480 companies
in the Software industry
Industry Median: 8.845 vs SKKY: -32.75

Skkynet Cloud Systems  (OTCPK:SKKY) 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.


Skkynet Cloud Systems Return-on-Tangible-Equity Related Terms


Skkynet Cloud Systems Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Skkynet Cloud Systems'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.

Skkynet Cloud Systems Return-on-Tangible-Equity Chart

Skkynet Cloud Systems Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.57 5.87 -14.13 12.33 3.65

Skkynet Cloud Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Return-on-Tangible-Equity 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 -87.99 -6.39 19.85 -95.73 -51.11

SKKY vs HPAI, AIXC, TAOX: Return-on-Tangible-Equity Comparison

For the Software - Infrastructure subindustry, Skkynet Cloud Systems'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.


Skkynet Cloud Systems Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Skkynet Cloud Systems's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Skkynet Cloud Systems's Return-on-Tangible-Equity falls into.


SKKY
45GF Score
Skkynet Cloud Systems Inc SKKY
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skkynet Cloud Systems Return-on-Tangible-Equity Calculation

Skkynet Cloud Systems's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=0.035/( (0.89+1.028 )/ 2 )
=0.035/0.959
=3.65 %

Skkynet Cloud Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=-0.436/( (0.869+0.837)/ 2 )
=-0.436/0.853
=-51.11 %

* 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 four times the quarterly (Apr. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -51.11% mean?
Skkynet Cloud Systems (SKKY) has a Return-on-Tangible-Equity of -51.11% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Skkynet Cloud Systems and its competitors. According to the industry distribution chart, Skkynet Cloud Systems ranks #2075 out of 2480 companies in the Software industry, placing it in the top 83.7%.
Is Skkynet Cloud Systems' Return-on-Tangible-Equity too high?
Skkynet Cloud Systems' current Return-on-Tangible-Equity is -51.11%. Based on the distribution chart, Skkynet Cloud Systems ranks #2075 out of 2480 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Skkynet Cloud Systems has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Skkynet Cloud Systems' Return-on-Tangible-Equity compare to HPAI and AIXC?
According to the Software industry distribution chart, Skkynet Cloud Systems ranks #2075 out of 2480 companies for Return-on-Tangible-Equity. This places Skkynet Cloud Systems in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.85. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.85, based on 2,480 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. 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 Skkynet Cloud Systems and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skkynet Cloud Systems's current Return-on-Tangible-Equity is -51.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skkynet Cloud Systems stock overvalued right now?
Based on GuruFocus' analysis, Skkynet Cloud Systems (SKKY) is currently considered Fairly Valued. The stock's GF Value™ is $0.45, compared to a current price of $0.49 — trading 8.9% above its estimated fair value. The current Return-on-Tangible-Equity is -51.11%. Skkynet Cloud Systems' overall GF Score™ is 45/100 with 2 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 Skkynet Cloud Systems (SKKY), the current Return-on-Tangible-Equity is -51.11% as of Apr. 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 Skkynet Cloud Systems (SKKY) Overvalued in 2026?

Based on GuruFocus' analysis, Skkynet Cloud Systems stock appears to be overvalued. The current stock price of $0.49 is trading 8.9% above its estimated GF Value™ of $0.45. GuruFocus considers Skkynet Cloud Systems to be Fairly Valued.

Key valuation signals for SKKY:

  • Return-on-Tangible-Equity: -51.11%
  • GF Value™: $0.45 vs. price of $0.49 (8.9% above fair value)
  • GF Score™: 45/100 with 2 warning signs

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


Skkynet Cloud Systems Business Description

Address 2233 Argentina Road, Suite 302, Mississauga, ON, CAN, L5N 2X7
Skkynet Cloud Systems Inc is an industrial middleware vendor company. Skkynet operates its business through its wholly owned subsidiaries Cogent Real-Time Systems, Inc. (Cogent), Skkynet, Inc. (Skkynet (USA), Skkynet Corp. (Skkynet (Canada)). Skkynet was established to enhance Cogent's existing business lines through the integration of cloud-based systems (Cloud), and to deliver a Software-as-a-Service (SaaS) product targeting the Industrial Internet of Things (IoT) market, often referred to by the term Industry 4.0. The business serves North America, Europe, Asia Pacific, South America and other regions.
45GF Score

Get the complete analysis for SKKY

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.49
Price
$0.45
GF Value