Sky Network Television (ASX:SKT) 3-Year ROIIC % : -74.75% (As of Jun. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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.

ASX:SKT Sky Network Television Ltd ASX:SKT
64 GF Score
Price A$2.73
GF Value A$2.50
Valuation Fairly Valued
! 7 Warning Signs
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What is Sky Network Television 3-Year ROIIC %?

Sky Network Television ASX:SKT +1.87% 64 3-Year ROIIC % is -74.75 as of Jun. 2025. GuruFocus rates ASX:SKT with a GF Score™ of 64/100 and a GF Value™ of A$2.50 (Fairly Valued). The stock has 7 warning signs investors should review. Among 947 Media - Diversified companies, Sky Network Television ranks worse than 88.49% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Sky Network Television's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was -74.75%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Sky Network Television's 3-Year ROIIC % or its related term are showing as below:

ASX:SKT's 3-Year ROIIC % is ranked worse than
88.49% of 947 companies
in the Media - Diversified industry
Industry Median: 1.36 vs ASX:SKT: -74.75

Sky Network Television  (ASX:SKT) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Sky Network Television 3-Year ROIIC % Related Terms


Sky Network Television 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Sky Network Television's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Sky Network Television Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.28 56.13 -3.24 -7.24 -74.75

Sky Network Television Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
3-Year ROIIC % 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 0.00 -7.24 0.00 -74.75 0.00

ASX:SKT vs NFLX, DIS, WBD: 3-Year ROIIC % Comparison

For the Entertainment subindustry, Sky Network Television's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sky Network Television's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Sky Network Television's 3-Year ROIIC % falls into.


ASX:SKT
64GF Score
Sky Network Television Ltd ASX:SKT
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sky Network Television 3-Year ROIIC % Calculation

Sky Network Television's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 15.7166163 (Jun. 2025) - 50.2115904 (Jun. 2022) )/( 543.698 (Jun. 2025) - 483.597 (Jun. 2022) )
=-34.4949741/60.101
=-57.40%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -74.75 mean?
Sky Network Television (ASX:SKT) has a 3-Year ROIIC % of -74.75 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Sky Network Television and its competitors. According to the industry distribution chart, Sky Network Television ranks #838 out of 947 companies in the Media - Diversified industry, placing it in the top 88.5%.
Is Sky Network Television's 3-Year ROIIC % too high?
Sky Network Television's current 3-Year ROIIC % is -74.75. Based on the distribution chart, Sky Network Television ranks #838 out of 947 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Sky Network Television has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sky Network Television's 3-Year ROIIC % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Sky Network Television ranks #838 out of 947 companies for 3-Year ROIIC %. This places Sky Network Television in the lower half of its industry. The industry median 3-Year ROIIC % is 1.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Media - Diversified company?
The median 3-Year ROIIC % among Media - Diversified companies is 1.36, based on 947 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Sky Network Television and its competitors. For the Media - Diversified industry, the median 3-Year ROIIC % is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Network Television's current 3-Year ROIIC % is -74.75. 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$2.50, compared to a current price of A$2.73 — trading 9.2% above its estimated fair value. The current 3-Year ROIIC % is -74.75. Sky Network Television's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Sky Network Television (ASX:SKT), the current 3-Year ROIIC % is -74.75 as of Jun. 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$2.73 is trading 9.2% above its estimated GF Value™ of A$2.50. GuruFocus considers Sky Network Television to be Fairly Valued.

Key valuation signals for ASX:SKT:

  • 3-Year ROIIC %: -74.75
  • GF Value™: A$2.50 vs. price of A$2.73 (9.2% above fair value)
  • GF Score™: 64/100 with 7 warning signs

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 Business Description

Other Exchanges SKT:New Zealand
Address 10 Panorama Road, Mt Wellington, Auckland, NZL, 1060
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.
64GF Score

Get the complete analysis for ASX:SKT

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

A$2.73
Price
A$2.50
GF Value