Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-01), Concord Control Systems's Beta is 2.8875.
Concord Control Systems (BOM:543619) 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 Railroads subindustry, Concord Control Systems'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.
Concord Control Systems Beta vs Transportation Industry
For the Transportation industry and Industrials sector, Concord Control Systems's Beta distribution charts can be found below:
* The bar in red indicates where Concord Control Systems'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.
Concord Control Systems (BOM:543619) has a Beta of 2.8875 as of Jul. 01, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Concord Control Systems and its competitors.
Is Concord Control Systems' Beta too high?
Concord Control Systems' current Beta is 2.8875. Overall, Concord Control Systems has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concord Control Systems' Beta compare to UNP and CSX?
Concord Control Systems' Beta of 2.8875 can be compared against companies in the Transportation 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 Transportation company?
A good Beta depends on the Transportation 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 Concord Control Systems and its competitors. Concord Control Systems's current Beta is 2.8875. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord Control Systems stock overvalued right now?
Based on GuruFocus' analysis, Concord Control Systems (BOM:543619) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,020.50, compared to a current price of ₹2,844.45 — trading 40.8% above its estimated fair value. The current Beta is 2.8875. Concord Control Systems' overall GF Score™ is 86/100 with 8 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 Concord Control Systems (BOM:543619), the current Beta is 2.8875 as of Jul. 01, 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 Concord Control Systems (BOM:543619) Overvalued in 2026?
Based on GuruFocus' analysis, Concord Control Systems stock appears to be overvalued.
The current stock price of ₹2,844.45 is trading 40.8% above its estimated GF Value™ of ₹2,020.50.
GuruFocus considers Concord Control Systems to be Significantly Overvalued.
Key valuation signals for BOM:543619:
Beta: 2.8875
GF Value™: ₹2,020.50 vs. price of ₹2,844.45 (40.8% above fair value)
No single metric tells the full story. See the BOM:543619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concord Control Systems Ltd is engaged in the business of Electrical Machinery for Indian Railways and allied products. The group is an Indian Railway/Research, Designs, and Standards Organization (RDSO) approved source for manufacturing various Electric and Electronic ranges of products, and also many more products are under development. Its products are Emergency Light, Fans, Coupler, Battery Chargers, and Control Panels and Distribution Panels. The company operates in a single business and geographical segment, the manufacturing of railway components.
86GF Score
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