Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), Federal-Mogul Goetze (India)'s Beta is 1.1786.
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 Auto Parts subindustry, Federal-Mogul Goetze (India)'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.
Federal-Mogul Goetze (India) Beta vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Federal-Mogul Goetze (India)'s Beta distribution charts can be found below:
* The bar in red indicates where Federal-Mogul Goetze (India)'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.
Federal-Mogul Goetze (India) (BOM:505744) has a Beta of 1.1786 as of Jun. 30, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Federal-Mogul Goetze (India) and its competitors.
Is Federal-Mogul Goetze (India)'s Beta too high?
Federal-Mogul Goetze (India)'s current Beta is 1.1786. Overall, Federal-Mogul Goetze (India) has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal-Mogul Goetze (India)'s Beta compare to ORLY and AZO?
Federal-Mogul Goetze (India)'s Beta of 1.1786 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Beta depends on the Vehicles & Parts 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 Federal-Mogul Goetze (India) and its competitors. Federal-Mogul Goetze (India)'s current Beta is 1.1786. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal-Mogul Goetze (India) stock overvalued right now?
Based on GuruFocus' analysis, Federal-Mogul Goetze (India) (BOM:505744) is currently considered Fairly Valued. The stock's GF Value™ is ₹460.83, compared to a current price of ₹449.00 — trading 2.6% below its estimated fair value. The current Beta is 1.1786. Federal-Mogul Goetze (India)'s overall GF Score™ is 74/100. 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 Federal-Mogul Goetze (India) (BOM:505744), the current Beta is 1.1786 as of Jun. 30, 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 Federal-Mogul Goetze (India) (BOM:505744) Overvalued in 2026?
Based on GuruFocus' analysis, Federal-Mogul Goetze (India) stock appears to be undervalued.
The current stock price of ₹449.00 is trading 2.6% below its estimated GF Value™ of ₹460.83.
GuruFocus considers Federal-Mogul Goetze (India) to be Fairly Valued.
Key valuation signals for BOM:505744:
Beta: 1.1786
GF Value™: ₹460.83 vs. price of ₹449.00 (2.6% below fair value)
No single metric tells the full story. See the BOM:505744 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Federal-Mogul Goetze (India) Ltd is engaged in the manufacture, supply, and distribution of automotive components used in automobiles. It offers Pistons, Piston rings, Sintered parts, and Cylinder liners which are used for cars, SUVs, tractors, commercial vehicles, stationary engines, and high-output locomotive diesel engines. It has a single reportable business segment which is manufacturing and sale of auto components. The group has a business presence in India and other countries, of which a majority of revenue is generated within India.
74GF Score
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