Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), BluMetric Environmental's Beta is 0.3897.
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)
* 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 Waste Management subindustry, BluMetric Environmental'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.
BluMetric Environmental Beta vs Waste Management Industry
For the Waste Management industry and Industrials sector, BluMetric Environmental's Beta distribution charts can be found below:
* The bar in red indicates where BluMetric Environmental'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.
BluMetric Environmental (BLMWF) has a Beta of 0.3897 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for BluMetric Environmental and its competitors.
Is BluMetric Environmental's Beta too high?
BluMetric Environmental's current Beta is 0.3897. Overall, BluMetric Environmental has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BluMetric Environmental's Beta compare to WM and RSG?
BluMetric Environmental's Beta of 0.3897 can be compared against companies in the Waste Management 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 Waste Management company?
A good Beta depends on the Waste Management 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 BluMetric Environmental and its competitors. BluMetric Environmental's current Beta is 0.3897. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BluMetric Environmental stock overvalued right now?
Based on GuruFocus' analysis, BluMetric Environmental (BLMWF) is currently considered Fairly Valued. The stock's GF Value™ is $0.65, compared to a current price of $0.62 — trading 4.5% below its estimated fair value. The current Beta is 0.3897. BluMetric Environmental's overall GF Score™ is 41/100 with 3 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 BluMetric Environmental (BLMWF), the current Beta is 0.3897 as of Jun. 25, 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 BluMetric Environmental (BLMWF) Overvalued in 2026?
Based on GuruFocus' analysis, BluMetric Environmental stock appears to be undervalued.
The current stock price of $0.62 is trading 4.5% below its estimated GF Value™ of $0.65.
GuruFocus considers BluMetric Environmental to be Fairly Valued.
Key valuation signals for BLMWF:
Beta: 0.3897
GF Value™: $0.65 vs. price of $0.62 (4.5% below fair value)
No single metric tells the full story. See the BLMWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BluMetric Environmental Inc is an integrated product and service organization providing sustainable solutions to complex environmental issues in Canada, the United States and abroad. It focuses on environmental earth sciences and engineering, contaminated site remediation, water resource management, industrial hygiene, occupational health and safety, water and wastewater design-build and pre-engineered solutions. The company has two financial reporting segments: i) environmental earth sciences and engineering, contaminated site remediation, water resource management, industrial hygiene, occupational health and safety (Professional Services) and ii) water and wastewater design-build and preengineered solutions (WaterTech). The majority of revenue is derived from the WaterTech segment.
41GF Score
Get the complete analysis for BLMWF
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BLMWF has been successfully added to your 
