Flexiroam (ASX:FRX) Beta: -1.4053 (As of Jun. 26, 2026)


What is Flexiroam Beta?

Flexiroam ASX:FRX +9.09% Beta is -1.4053 as of Jun. 26, 2026. The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Flexiroam's Beta is -1.4053.

Flexiroam  (ASX:FRX) 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)

Flexiroam Beta Related Terms

Flexiroam Beta Historical Data

* Premium members only.

The historical data trend for Flexiroam'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.

Flexiroam Beta Chart

Flexiroam Annual Data
Trend Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.96 0.04 -0.05 -0.40

Flexiroam Semi-Annual Data
Dec15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.31 -0.05 -0.37 -0.40 -1.79

ASX:FRX vs TMUS, VZ, T: Beta Comparison

For the Telecom Services subindustry, Flexiroam'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.

Flexiroam Beta vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Flexiroam's Beta distribution charts can be found below:

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


Flexiroam 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -1.4053 mean?
Flexiroam (ASX:FRX) has a Beta of -1.4053 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Flexiroam and its competitors.
Is Flexiroam's Beta too high?
Flexiroam's current Beta is -1.4053.
How does Flexiroam's Beta compare to TMUS and VZ?
Flexiroam's Beta of -1.4053 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Telecommunication Services company?
A good Beta depends on the Telecommunication Services industry context. However, Beta 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 Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Flexiroam and its competitors. Flexiroam's current Beta is -1.4053. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexiroam stock overvalued right now?
Based on GuruFocus' analysis, Flexiroam (ASX:FRX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 80% above its estimated fair value. The current Beta is -1.4053. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Flexiroam (ASX:FRX), the current Beta is -1.4053 as of Jun. 26, 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.

Flexiroam Business Description

Address No. 6, Jalan SS21/37, Damansara Utama, Lot 4-401 & 4-402, Level 4, The Starling Mall, Petaling Jaya, SGR, MYS, 47400
Flexiroam Ltd is a virtual network operator engaged in the supply of eSIM & Physical SIM-based data solutions into the international Roaming and Solutions segments. The operating segment includes Travel and Business-to-Business (B2B). The travel segment provides mobile data connectivity solutions to consumers. Revenue is generated through two primary channels: direct-to-consumer sales and the brand partnership channel, where connectivity is provided to the end-customers of enterprise partners. The Business-to-Business (B2B) segment provides wholesale connectivity solutions and other technology services directly to business clients.