ELMT (The Elmet Group Co) Beta: N/A (As of Jul. 21, 2026)

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ELMT The Elmet Group Co ELMT
13 GF Score
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What is The Elmet Group Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-21), The Elmet Group Co's Beta is Not available.

The Elmet Group Co  (NAS:ELMT) 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)

The Elmet Group Co Beta Related Terms

The Elmet Group Co Beta Historical Data

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The historical data trend for The Elmet Group Co'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.

The Elmet Group Co Beta Chart

The Elmet Group Co Annual Data
Trend Dec24 Dec25
Beta
0.00 0.00

The Elmet Group Co Quarterly Data
Dec24 Mar25 Sep25 Dec25 Mar26
Beta 0.00 0.00 0.00 0.00 0.00
ELMT
13GF Score
The Elmet Group Co ELMT
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The Elmet Group Co 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.

The Elmet Group Co Business Description

Address 2 Portland Fish Pier, Suite 214, Portland, ME, USA, 04101
The Elmet Group Co provides precision-engineered components and high-energy systems for the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. The company is organized into two business divisions, Critical Materials Components and Engineered Microwave Products, offering a platform with expertise across interconnected markets. The company operates an integrated engineering-to-production system, covering custom design, development, and processing across Critical Materials and High-Power Microwave. Its Engineered Microwave capabilities helps to deliver tailored microwave energy solutions, while its Critical Materials expertise allows to design reliable solutions for some of the demanding environments in the world.
13GF Score

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

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