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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-09), KGI Securities (Thailand) PCL's Beta is 0.0402.
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)
KGI Securities (Thailand) PCL Beta Related Terms
KGI Securities (Thailand) PCL Beta Historical Data
* 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.
For the Capital Markets subindustry, KGI Securities (Thailand) PCL'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.
KGI Securities (Thailand) PCL Beta vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, KGI Securities (Thailand) PCL's Beta distribution charts can be found below:
* The bar in red indicates where KGI Securities (Thailand) PCL's Beta falls into.
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.
KGI Securities (Thailand) PCL (BKK:KGI-F) has a Beta of 0.0402 as of Aug. 09, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for KGI Securities (Thailand) PCL and its competitors.
Is KGI Securities (Thailand) PCL's Beta too high?
KGI Securities (Thailand) PCL's current Beta is 0.0402. Overall, KGI Securities (Thailand) PCL has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KGI Securities (Thailand) PCL's Beta compare to MS and GS?
KGI Securities (Thailand) PCL's Beta of 0.0402 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Beta depends on the Capital Markets 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 KGI Securities (Thailand) PCL and its competitors. KGI Securities (Thailand) PCL's current Beta is 0.0402. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGI Securities (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL (BKK:KGI-F) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.57, compared to a current price of ฿5.15 — trading 12.7% above its estimated fair value. The current Beta is 0.0402. KGI Securities (Thailand) PCL's overall GF Score™ is 66/100 with 9 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 KGI Securities (Thailand) PCL (BKK:KGI-F), the current Beta is 0.0402 as of Aug. 09, 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.
Is KGI Securities (Thailand) PCL (BKK:KGI-F) Overvalued in 2026?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿5.15 is trading 12.7% above its estimated GF Value™ of ฿4.57.
GuruFocus considers KGI Securities (Thailand) PCL to be Modestly Overvalued.
Key valuation signals for BKK:KGI-F:
Beta: 0.0402
GF Value™: ฿4.57 vs. price of ฿5.15 (12.7% above fair value)
No single metric tells the full story. See the BKK:KGI-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KGI Securities (Thailand) PCL is a Thailand-based company engaged in the securities and derivatives business. Its business activities include securities brokerage, securities dealing, investment advisory, securities underwriting, securities borrowing and lending, securities registrar, derivatives brokerage, financial advisory, over-the-counter derivative business, sales agent of mutual fund units, and others. The operating segments of the company are the Securities and derivatives brokerage segment, Investment banking segment, Security trading segment and Asset management segment, of which key revenue is generated from the security trading segment. Geographically, the company operates in Thailand.
66GF Score
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