ELCO (Elcom International) Beta: -0.4482 (As of Jun. 26, 2026)


What is Elcom International Beta?

Elcom International ELCO Beta is -0.4482 as of Jun. 26, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Elcom International's Beta is -0.4482.

Elcom International  (OTCPK:ELCO) 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)

Elcom International Beta Related Terms

Elcom International Beta Historical Data

* Premium members only.

The historical data trend for Elcom International'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.

Elcom International Beta Chart

Elcom International Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.32 5.03 5.14 -0.87 0.10

Elcom International Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.44 -1.73 0.10 -1.91 2.71

ELCO vs BVSN, CLCI, DUOT: Beta Comparison

For the Software - Application subindustry, Elcom International'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.

Elcom International Beta vs Software Industry

For the Software industry and Technology sector, Elcom International's Beta distribution charts can be found below:

* The bar in red indicates where Elcom International's Beta falls into.


Elcom International 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.4482 mean?
Elcom International (ELCO) has a Beta of -0.4482 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 Elcom International and its competitors.
Is Elcom International's Beta too high?
Elcom International's current Beta is -0.4482.
How does Elcom International's Beta compare to BVSN and CLCI?
Elcom International's Beta of -0.4482 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 Elcom International and its competitors. Elcom International's current Beta is -0.4482. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elcom International stock overvalued right now?
Elcom International (ELCO) has a current Beta of -0.4482. The current Beta is -0.4482. 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 Elcom International (ELCO), the current Beta is -0.4482 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.

Elcom International Business Description

Address 300 Granite Street, Suite 412, Braintree, MA, USA, 02184
Elcom International Inc develops and licenses proprietary software systems that enable users to buy and sell merchandise through computer networks. The company's Personal Electronic Commerce Online System is software that enables clients to automate procurement functions, such as pricing, invoicing, and payment. In addition, users can create electronic marketplaces to conduct online transactions with both suppliers and distributors. PECOS is offered as both licensed software and as a hosted application.