ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. i-CABLE Communications's annualizedNet Income for the quarter that ended in Dec. 2025 was $-70.21 Mil.
i-CABLE Communications's average Total Assets over the quarter that ended in Dec. 2025 was $109.98 Mil. Therefore, i-CABLE Communications's annualized ROA % for the quarter that ended in Dec. 2025 was -63.84%.
The historical rank and industry rank for i-CABLE Communications's ROA % or its related term are showing as below:
ICABY'
s ROA % Range Over the Past 10 Years
Min: -74.9 Med: -23.93 Max: -15.79
Current: -56.51
During the past 13 years, i-CABLE Communications's highest ROA % was -15.79%. The lowest was -74.90%. And the median was -23.93%.
ICABY's ROA % is ranked worse than 95.97% of 372
companies
in the Telecommunication Services industry
Industry Median: 2.745
vs ICABY: -56.51
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Telecom Services subindustry, i-CABLE Communications's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, i-CABLE Communications's ROA % distribution charts can be found below:
* The bar in red indicates where i-CABLE Communications's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
i-CABLE Communications (ICABY) has a ROA % of -63.84% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on i-CABLE Communications and its competitors. According to the industry distribution chart, i-CABLE Communications ranks #357 out of 372 companies in the Telecommunication Services industry, placing it in the top 96%.
Is i-CABLE Communications' ROA % too high?
i-CABLE Communications' current ROA % is -63.84%. Based on the distribution chart, i-CABLE Communications ranks #357 out of 372 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' ROA % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, i-CABLE Communications ranks #357 out of 372 companies for ROA %. This places i-CABLE Communications in the lower half of its industry. The industry median ROA % is 2.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Telecommunication Services company?
The median ROA % among Telecommunication Services companies is 2.75, based on 372 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on i-CABLE Communications and its competitors. For the Telecommunication Services industry, the median ROA % is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i-CABLE Communications's current ROA % is -63.84%. 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 ROA % is -63.84%. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For i-CABLE Communications (ICABY), the current ROA % is -63.84% 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:
ROA %: -63.84%
GF Value™: $0.09 vs. price of $0.11 (25.1% above fair value)
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 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.
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