Harris Technology Group (ASX:HT8) Beta: 0.8496 (As of Jun. 24, 2026)


What is Harris Technology Group Beta?

Harris Technology Group ASX:HT8 Beta is 0.8496 as of Jun. 24, 2026. The stock has 5 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Harris Technology Group's Beta is 0.8496.

Harris Technology Group  (ASX:HT8) 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)

Harris Technology Group Beta Related Terms

Harris Technology Group Beta Historical Data

* Premium members only.

The historical data trend for Harris Technology Group'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.

Harris Technology Group Beta Chart

Harris Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.11 2.80 1.58 0.51

Harris Technology Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 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 1.69 1.58 1.61 0.51 1.03

ASX:HT8 vs AMZN, BABA, PDD: Beta Comparison

For the Internet Retail subindustry, Harris Technology Group'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.

Harris Technology Group Beta vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Harris Technology Group's Beta distribution charts can be found below:

* The bar in red indicates where Harris Technology Group's Beta falls into.


Harris Technology Group 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 0.8496 mean?
Harris Technology Group (ASX:HT8) has a Beta of 0.8496 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Harris Technology Group and its competitors.
Is Harris Technology Group's Beta too high?
Harris Technology Group's current Beta is 0.8496.
How does Harris Technology Group's Beta compare to AMZN and BABA?
Harris Technology Group's Beta of 0.8496 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Beta depends on the Retail - Cyclical 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 Harris Technology Group and its competitors. Harris Technology Group's current Beta is 0.8496. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harris Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Harris Technology Group (ASX:HT8) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 130% above its estimated fair value. The current Beta is 0.8496. 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 Harris Technology Group (ASX:HT8), the current Beta is 0.8496 as of Jun. 24, 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.

Harris Technology Group Business Description

Address 124 Abbott Road, Hallam, Melbourne, VIC, AUS, 3803
Harris Technology Group Ltd operates as a technology product distributor and online retailer, serving small and medium businesses in Australia. Its product range includes computers, networking equipment, servers, storage devices, printing supplies, and software licenses. The company generates revenue by selling technology products through its online platforms on various marketplaces. It focuses on online sales without operating physical retail stores and supports products from manufacturers of different countries shipped directly to customers or local inventories. Geographically, it operates in Australia.