Argon Denims (DHA:ARGONDENIM) Beta: N/A (As of Jun. 29, 2026)


DHA:ARGONDENIM Argon Denims Ltd DHA:ARGONDENIM
87 GF Score
Price BDT19.60
GF Value BDT16.63
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Argon Denims Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-29), Argon Denims's Beta is Not available.

Argon Denims  (DHA:ARGONDENIM) 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)

Argon Denims Beta Related Terms

Argon Denims Beta Historical Data

* Premium members only.

The historical data trend for Argon Denims'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.

Argon Denims Beta Chart

Argon Denims Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
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Argon Denims Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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DHA:ARGONDENIM
87GF Score
Argon Denims Ltd DHA:ARGONDENIM
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Argon Denims 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.

Is Argon Denims (DHA:ARGONDENIM) Overvalued in 2026?

Based on GuruFocus' analysis, Argon Denims stock appears to be overvalued. The current stock price of BDT19.60 is trading 17.9% above its estimated GF Value™ of BDT16.63. GuruFocus considers Argon Denims to be Modestly Overvalued.

Key valuation signals for DHA:ARGONDENIM:

  • Beta: N/A
  • GF Value™: BDT16.63 vs. price of BDT19.60 (17.9% above fair value)
  • GF Score™: 87/100 with 12 warning signs

No single metric tells the full story. See the DHA:ARGONDENIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Argon Denims Business Description

Address 57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229
Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing, printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics, whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST, with casts and colors.
87GF Score

Get the complete analysis for DHA:ARGONDENIM

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT19.60
Price
BDT16.63
GF Value