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congatec Holding AG (congatec Holding AG) Beta : N/A (As of Jun. 23, 2024)


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What is congatec Holding AG Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-23), congatec Holding AG's Beta is Not available.


congatec Holding AG Beta Historical Data

The historical data trend for congatec Holding AG's Beta can be seen below:

* 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.

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congatec Holding AG Beta Chart

congatec Holding AG Annual Data
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congatec Holding AG Semi-Annual Data
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Competitive Comparison of congatec Holding AG's Beta

For the Semiconductors subindustry, congatec Holding AG'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.


congatec Holding AG's Beta Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, congatec Holding AG's Beta distribution charts can be found below:

* The bar in red indicates where congatec Holding AG's Beta falls into.



congatec Holding AG Beta Calculation

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.


congatec Holding AG  (NAS:CONG) 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)


congatec Holding AG Beta Related Terms

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congatec Holding AG (congatec Holding AG) Business Description

Traded in Other Exchanges
N/A
Address
congatec Holding AG was formed on June 30, 2015 and registered in the commercial register of the local court of Munich. The Company supplies industrial computer modules. The Company through its subsidiaries is engaged in the design, development and delivery of high-performance embedded computing solutions that enable computing capabilities across system-level applications and end markets, including industrial automation, medical, entertainment, transportation and test and measurement. The Company's hardware solutions are overlaid with Basic Input Output System, or BIOS, software that tailors its solutions to specific end-market, application and customer requirements, while delivering benefits such as enhanced data throughput and system security as well as seamless integration within its customers' products. The Company provides COM portfolios across a range of form factors, or module sizes and shapes, including its COM Express, Qseven, XTX and ETX product families. The Company distinguishes its recently launched industrial single board computer, or Industrial SBC, product family as well as embedded design and manufacturing, or EDM, services, which provide customers with customized module solutions. The Company offers services ranging from procurement assistance to process management and support integrating modules into their end products. The Company operates in three geographical areas including Europe, the Middle East and Africa (EMEA); the Asia-Pacific region (APAC); and Americas. The Company sells its products through different channels, accompanied by necessary technical support resources provided from the nearest location. In the EMEA region, it relies on a mix of direct and indirect sales channels. In the Americas region, it focuses on direct business through employed sales and support staff, while in the APAC region it is engaged in distribution, reselling and end customers. In addition, it is engaged with external sales representatives dedicated to additional territories in Europe, Brazil and India. The Company has approximately over 400 customers in a variety of industries, including its industrial customers such as Bernecker + Rainer, or B&R, Bosch and Siemens, as well as its medical customers such as General Electric and Samsung. The Company faces competition from third-party competitors, including ADLink, Advantech, Kontron, MSC Technologies, Portwell, SECO and Technexion. The Company's operations and the activities around the world are subject to the laws and regulations of numerous countries, including the United States.

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