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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-20), Athena Global Technologies's Beta is 1.3482.
Athena Global Technologies (BOM:517429) 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)
* 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 Software - Application subindustry, Athena Global Technologies'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.
Athena Global Technologies Beta vs Software Industry
For the Software industry and Technology sector, Athena Global Technologies's Beta distribution charts can be found below:
* The bar in red indicates where Athena Global Technologies'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.
Athena Global Technologies (BOM:517429) has a Beta of 1.3482 as of Jul. 20, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Athena Global Technologies and its competitors.
Is Athena Global Technologies' Beta too high?
Athena Global Technologies' current Beta is 1.3482. Overall, Athena Global Technologies has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Athena Global Technologies' Beta compare to UBER and SHOP?
Athena Global Technologies' Beta of 1.3482 can be compared against companies in the Software 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 Software company?
A good Beta depends on the Software 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 Athena Global Technologies and its competitors. Athena Global Technologies's current Beta is 1.3482. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athena Global Technologies stock overvalued right now?
Based on GuruFocus' analysis, Athena Global Technologies (BOM:517429) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹69.74, compared to a current price of ₹52.17 — trading 25.2% below its estimated fair value. The current Beta is 1.3482. Athena Global Technologies' overall GF Score™ is 47/100 with 6 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 Athena Global Technologies (BOM:517429), the current Beta is 1.3482 as of Jul. 20, 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 Athena Global Technologies (BOM:517429) Overvalued in 2026?
Based on GuruFocus' analysis, Athena Global Technologies stock appears to be undervalued.
The current stock price of ₹52.17 is trading 25.2% below its estimated GF Value™ of ₹69.74.
GuruFocus considers Athena Global Technologies to be Modestly Undervalued.
Key valuation signals for BOM:517429:
Beta: 1.3482
GF Value™: ₹69.74 vs. price of ₹52.17 (25.2% below fair value)
No single metric tells the full story. See the BOM:517429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Athena Global Technologies Ltd is a software development company. It is principally engaged in offering software development and consulting services. The company offers services such as application development, chatbots and voice bots, robotic process automation, IoT-based solutions, data science, blockchain, artificial intelligence, product engineering, and QA and testing. It caters to various industries, including financial, healthcare, oil, and pharmaceuticals, retail, business services, education, IT, and government. The company operates in two segments: Software services and Real Estate. It generates the majority of its revenue from the Software services segment.
47GF Score
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