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Sweco AB (LTS:0H0G) Beta : 1.60 (As of May. 05, 2024)


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What is Sweco AB Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-05), Sweco AB's Beta is 1.60.


Sweco AB Beta Historical Data

The historical data trend for Sweco AB's Beta 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.

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Sweco AB Beta Chart

Sweco AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.95 - - 1.64

Sweco AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Beta 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 - - - 1.22 1.64

Competitive Comparison of Sweco AB's Beta

For the Engineering & Construction subindustry, Sweco AB's Beta, along with its competitors' market caps and Beta 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.


Sweco AB's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sweco AB's Beta distribution charts can be found below:

* The bar in red indicates where Sweco AB's Beta falls into.



Sweco AB Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


Sweco AB  (LTS:0H0G) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


Sweco AB Beta Related Terms

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Sweco AB (LTS:0H0G) Business Description

Traded in Other Exchanges
Address
Gjorwellsgatan 22, Box 34044, Stockholm, SWE, SE-100 26
Sweco AB offers consulting, engineering services, technology, and architecture. It designs buildings, city districts, and transportation infrastructure to meet customers' needs. The company's planning and project management capabilities help to supply forecasts and site supervision. Part of the process focuses on providing the right conditions and climate for people to live and work in. Modern technical solutions help supply clean water, reliable energy supply, and resource-efficient industrial facilities to transform structures. The company's segments are sorted geographically: Sweden, Norway, Finland, Denmark, the Netherlands, Belgium, United Kingdom, and Germany and Central Europe. The largest portion of sales derives from Sweden, and the region is a focal point for profitability.

Sweco AB (LTS:0H0G) Headlines

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