Magnetic Resources NL (ASX:MAU) Beta: 0.2019 (As of Jun. 26, 2026)


ASX:MAU Magnetic Resources NL ASX:MAU
29 GF Score
Price A$1.85
! 2 Warning Signs
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What is Magnetic Resources NL Beta?

Magnetic Resources NL ASX:MAU 29 Beta is 0.2019 as of Jun. 26, 2026. GuruFocus rates ASX:MAU with a GF Score™ of 29/100. The stock has 2 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), Magnetic Resources NL's Beta is 0.2019.

Magnetic Resources NL  (ASX:MAU) 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)

Magnetic Resources NL Beta Related Terms

Magnetic Resources NL Beta Historical Data

* Premium members only.

The historical data trend for Magnetic Resources NL'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.

Magnetic Resources NL Beta Chart

Magnetic Resources NL 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 1.39 0.95 0.05 -0.49 -0.61

Magnetic Resources NL 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 -0.42 -0.49 -0.30 -0.61 -0.42

Magnetic Resources NL Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Magnetic Resources NL'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.

Magnetic Resources NL Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Magnetic Resources NL's Beta distribution charts can be found below:

* The bar in red indicates where Magnetic Resources NL's Beta falls into.


ASX:MAU
29GF Score
Magnetic Resources NL ASX:MAU
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnetic Resources NL 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 0.2019 mean?
Magnetic Resources NL (ASX:MAU) has a Beta of 0.2019 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 Magnetic Resources NL and its competitors.
Is Magnetic Resources NL's Beta too high?
Magnetic Resources NL's current Beta is 0.2019. Overall, Magnetic Resources NL has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Magnetic Resources NL's Beta compare to competitors?
Magnetic Resources NL's Beta of 0.2019 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Beta depends on the Metals & Mining 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 Magnetic Resources NL and its competitors. Magnetic Resources NL's current Beta is 0.2019. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnetic Resources NL stock overvalued right now?
Magnetic Resources NL (ASX:MAU) has a current Beta of 0.2019. The current Beta is 0.2019. Magnetic Resources NL's overall GF Score™ is 29/100 with 2 warning signs to review. 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 Magnetic Resources NL (ASX:MAU), the current Beta is 0.2019 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.

Magnetic Resources NL Business Description

Other Exchanges MAUCA:Australia
Address 44A Kings Park Road, 1st Floor, West Perth, Perth, WA, AUS, 6005
Magnetic Resources NL is an Australian mineral exploration company focused on gold and other minerals in Western Australia. It holds a majority interest in projects, including Lady Julie Central, Lady Julie North, Hawks Nest, Homeward Bound South, and Benjabbering, located in the Laverton and Julimar regions. The company's main focus is on developing gold deposits near existing mining operations and infrastructure. Magnetic Resources aims to advance these projects toward production, with many gold resources already identified. The majority of income is generated by the interest income received.
29GF Score

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

A$1.85
Price