Hiremii (ASX:HMI) Beta: 0.4691 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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.

What is Hiremii Beta?

Hiremii ASX:HMI Beta is 0.4691 as of Jul. 14, 2026. The stock has 4 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-14), Hiremii's Beta is 0.4691.

Hiremii  (ASX:HMI) 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)

Hiremii Beta Related Terms

Hiremii Beta Historical Data

* Premium members only.

The historical data trend for Hiremii'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.

Hiremii Beta Chart

Hiremii Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 1.08 0.73

Hiremii Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 1.08 1.28 0.73 0.65

ASX:HMI vs KFY, RHI, TNET: Beta Comparison

For the Staffing & Employment Services subindustry, Hiremii'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.

Hiremii Beta vs Business Services Industry

For the Business Services industry and Industrials sector, Hiremii's Beta distribution charts can be found below:

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


Hiremii 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 0.4691 mean?
Hiremii (ASX:HMI) has a Beta of 0.4691 as of Jul. 14, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Hiremii and its competitors.
Is Hiremii's Beta too high?
Hiremii's current Beta is 0.4691.
How does Hiremii's Beta compare to KFY and RHI?
Hiremii's Beta of 0.4691 can be compared against companies in the Business 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 Business Services company?
A good Beta depends on the Business 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 Hiremii and its competitors. Hiremii's current Beta is 0.4691. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiremii stock overvalued right now?
Based on GuruFocus' analysis, Hiremii (ASX:HMI) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.06, compared to a current price of A$0.03 — trading 55% below its estimated fair value. The current Beta is 0.4691. 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 Hiremii (ASX:HMI), the current Beta is 0.4691 as of Jul. 14, 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.

Hiremii Business Description

Address 251 St George's Terrace, Level 1, Perth, WA, AUS, 6000
Hiremii Ltd provides technology-driven full-service labor hire and recruitment services. The company is building an AI-led recruitment and technology-driven company with deep relationships in the energy and resources sector. Its cloud-based platform uses AI and machine learning to automate tedious, onerous manual activities in recruiting. The AI more accurately identifies talent for customers and makes recruitment teams more productive. The consolidated entity operates in one segment being the provision of labor hire and recruitment services in one geographic region, Australia. The company operates in one segment being the provision of labor hire and recruitment services in one geographic region, Australia.