Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Corticeira Amorim SGPS's Beta is -0.1816.
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 Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.
Corticeira Amorim SGPS Beta vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Beta distribution charts can be found below:
* The bar in red indicates where Corticeira Amorim SGPS'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.
Corticeira Amorim SGPS (CHIX:CORU) has a Beta of -0.1816 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Corticeira Amorim SGPS and its competitors.
Is Corticeira Amorim SGPS's Beta too high?
Corticeira Amorim SGPS's current Beta is -0.1816. Overall, Corticeira Amorim SGPS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Corticeira Amorim SGPS's Beta compare to SSD and UFPI?
Corticeira Amorim SGPS's Beta of -0.1816 can be compared against companies in the Forest Products 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 Forest Products company?
A good Beta depends on the Forest Products 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 Corticeira Amorim SGPS and its competitors. Corticeira Amorim SGPS's current Beta is -0.1816. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corticeira Amorim SGPS stock overvalued right now?
Corticeira Amorim SGPS (CHIX:CORU) has a current Beta of -0.1816. The stock's GF Value™ is €9.28, compared to a current price of €7.82 — trading 15.8% below its estimated fair value. The current Beta is -0.1816. Corticeira Amorim SGPS's overall GF Score™ is 61/100 with 5 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 Corticeira Amorim SGPS (CHIX:CORU), the current Beta is -0.1816 as of Jun. 26, 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 Corticeira Amorim SGPS (CHIX:CORU) Overvalued in 2026?
Based on GuruFocus' analysis, Corticeira Amorim SGPS stock appears to be undervalued.
The current stock price of €7.82 is trading 15.8% below its estimated GF Value™ of €9.28.
Key valuation signals for CHIX:CORU:
Beta: -0.1816
GF Value™: €9.28 vs. price of €7.82 (15.8% below fair value)
No single metric tells the full story. See the CHIX:CORU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corticeira Amorim SGPS SA is mainly engaged in the acquisition and transformation of cork into a numerous set of cork and cork-related products, which are distributed through its network of sales companies. Its business units are Amorim Florestal, Amorim Cork, and Amorim Cork Solutions. It derives the majority of the revenue from Amorim Cork segment which produces different types of existing cork stoppers. The main markets are the bottling countries, from the traditional ones like France, Italy, Germany, Spain and Portugal, to the new markets like USA, Australia, Chile, South Africa and Argentina. Geographically, its operations are spread across EU, USA, Rest of America, Australasia, Portugal, Africa, and Rest of Europe.
61GF Score
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