SKKY (Skkynet Cloud Systems) ROA %: -23.45% (As of Apr. 2026)

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SKKY Skkynet Cloud Systems Inc SKKY
45 GF Score
Price $0.49
GF Value $0.45
Valuation Fairly Valued
! 2 Warning Signs
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What is Skkynet Cloud Systems ROA %?

Skkynet Cloud Systems SKKY 45 ROA % is -23.45% 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 2,886 Software companies, Skkynet Cloud Systems ranks worse than 79.24% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Skkynet Cloud Systems's annualized Net Income for the quarter that ended in Apr. 2026 was $-0.44 Mil. Skkynet Cloud Systems's average Total Assets over the quarter that ended in Apr. 2026 was $1.86 Mil. Therefore, Skkynet Cloud Systems's annualized ROA % for the quarter that ended in Apr. 2026 was -23.45%.

The historical rank and industry rank for Skkynet Cloud Systems's ROA % or its related term are showing as below:

SKKY' s ROA % Range Over the Past 10 Years
Min: -197.66   Med: -23.4   Max: 7.06
Current: -17.05

During the past 13 years, Skkynet Cloud Systems's highest ROA % was 7.06%. The lowest was -197.66%. And the median was -23.40%.

SKKY's ROA % is ranked worse than
79.24% of 2886 companies
in the Software industry
Industry Median: 1.695 vs SKKY: -17.05

Skkynet Cloud Systems  (OTCPK:SKKY) ROA % Explanation

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 bank’s 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:

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=-0.436/1.859
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.436 / 2.424)*(2.424 / 1.859)
=Net Margin %*Asset Turnover
=-17.99 %*1.3039
=-23.45 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) 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.


Skkynet Cloud Systems ROA % Related Terms


Skkynet Cloud Systems ROA % Historical Data

* Premium members only.

The historical data trend for Skkynet Cloud Systems's ROA % 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 ROA % Chart

Skkynet Cloud Systems Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.96 2.93 -8.16 7.06 2.07

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
ROA % 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 -51.57 -3.63 11.37 -50.28 -23.45

SKKY vs HPAI, AIXC, TAOX: ROA % Comparison

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


Skkynet Cloud Systems ROA % vs Software Industry

For the Software industry and Technology sector, Skkynet Cloud Systems's ROA % distribution charts can be found below:

* The bar in red indicates where Skkynet Cloud Systems's ROA % falls into.


SKKY
45GF Score
Skkynet Cloud Systems Inc SKKY
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Skkynet Cloud Systems ROA % Calculation

Skkynet Cloud Systems's annualized ROA % for the fiscal year that ended in Oct. 2025 is calculated as:

ROA %=Net Income (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=0.035/( (1.549+1.831)/ 2 )
=0.035/1.69
=2.07 %

Skkynet Cloud Systems's annualized ROA % for the quarter that ended in Apr. 2026 is calculated as:

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=-0.436/( (1.781+1.937)/ 2 )
=-0.436/1.859
=-23.45 %

* 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 four times the quarterly (Apr. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -23.45% mean?
Skkynet Cloud Systems (SKKY) has a ROA % of -23.45% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Skkynet Cloud Systems and its competitors. According to the industry distribution chart, Skkynet Cloud Systems ranks #2287 out of 2886 companies in the Software industry, placing it in the top 79.2%.
Is Skkynet Cloud Systems' ROA % too high?
Skkynet Cloud Systems' current ROA % is -23.45%. Based on the distribution chart, Skkynet Cloud Systems ranks #2287 out of 2886 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' ROA % compare to HPAI and AIXC?
According to the Software industry distribution chart, Skkynet Cloud Systems ranks #2287 out of 2886 companies for ROA %. This places Skkynet Cloud Systems in the lower half of its industry. The industry median ROA % is 1.70. 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 Software company?
The median ROA % among Software companies is 1.70, based on 2,886 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 Skkynet Cloud Systems and its competitors. For the Software industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skkynet Cloud Systems's current ROA % is -23.45%. 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 ROA % is -23.45%. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Skkynet Cloud Systems (SKKY), the current ROA % is -23.45% 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:

  • ROA %: -23.45%
  • 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

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

$0.49
Price
$0.45
GF Value