Nanoco Group (FRA:GXG) Beta: -0.0491 (As of Jun. 26, 2026)


What is Nanoco Group Beta?

Nanoco Group FRA:GXG -5.71% Beta is -0.0491 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), Nanoco Group's Beta is -0.0491.

Nanoco Group  (FRA:GXG) 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)

Nanoco Group Beta Related Terms

Nanoco Group Beta Historical Data

* Premium members only.

The historical data trend for Nanoco Group'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.

Nanoco Group Beta Chart

Nanoco Group Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.25 0.42 0.07 0.22

Nanoco Group Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.79 0.07 -0.04 0.22 0.44

FRA:GXG vs LRCX, AMAT, KLAC: Beta Comparison

For the Semiconductor Equipment & Materials subindustry, Nanoco Group'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.

Nanoco Group Beta vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nanoco Group's Beta distribution charts can be found below:

* The bar in red indicates where Nanoco Group's Beta falls into.


Nanoco Group 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 -0.0491 mean?
Nanoco Group (FRA:GXG) has a Beta of -0.0491 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 Nanoco Group and its competitors.
Is Nanoco Group's Beta too high?
Nanoco Group's current Beta is -0.0491.
How does Nanoco Group's Beta compare to LRCX and AMAT?
Nanoco Group's Beta of -0.0491 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Beta depends on the Semiconductors 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 Nanoco Group and its competitors. Nanoco Group's current Beta is -0.0491. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanoco Group stock overvalued right now?
Based on GuruFocus' analysis, Nanoco Group (FRA:GXG) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.30, compared to a current price of €0.03 — trading 89% below its estimated fair value. The current Beta is -0.0491. 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 Nanoco Group (FRA:GXG), the current Beta is -0.0491 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.

Nanoco Group Business Description

Address The Heath Business & Technical Park, Heath Road South, Science Centre, Runcorn, GBR, WA7 4QX
Nanoco Group PLC is a UK-based company which is engaged in research, development, and manufacturing of heavy-metal-free quantum dots and semiconductor nanoparticles. Its products include CFQD quantum dots, Heatwave quantum dots, and nanoparticles which offer the potential for display, lighting, solar and biological imaging applications. The company's revenue comes from joint development agreements, individual project development programs and the sale of quantum dot products. Geographically, the company generates majority of its revenue from its business in South Korea and also has its presence in Taiwan, France, United States, United Kingdom, Japan and other countries.