Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Hainan Meilan International Airport Co's Beta is 1.2127.
Hainan Meilan International Airport Co (FRA:HAO) 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)
Hainan Meilan International Airport Co Beta Related Terms
Hainan Meilan International Airport Co Beta Historical Data
* 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.
Hainan Meilan International Airport Co Beta Chart
Hainan Meilan International Airport Co Annual Data
For the Airports & Air Services subindustry, Hainan Meilan International Airport Co'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.
Hainan Meilan International Airport Co Beta vs Transportation Industry
Hainan Meilan International Airport 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.
Hainan Meilan International Airport Co (FRA:HAO) has a Beta of 1.2127 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Hainan Meilan International Airport Co and its competitors.
Is Hainan Meilan International Airport Co's Beta too high?
Hainan Meilan International Airport Co's current Beta is 1.2127. Overall, Hainan Meilan International Airport Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hainan Meilan International Airport Co's Beta compare to JOBY and CAAP?
Hainan Meilan International Airport Co's Beta of 1.2127 can be compared against companies in the Transportation 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 Transportation company?
A good Beta depends on the Transportation 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 Hainan Meilan International Airport Co and its competitors. Hainan Meilan International Airport Co's current Beta is 1.2127. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Meilan International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co (FRA:HAO) is currently considered Possible Value Trap. The stock's GF Value™ is €1.04, compared to a current price of €0.46 — trading 55.6% below its estimated fair value. The current Beta is 1.2127. Hainan Meilan International Airport Co's overall GF Score™ is 68/100 with 5 warning signs to review. 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 Hainan Meilan International Airport Co (FRA:HAO), the current Beta is 1.2127 as of Jun. 25, 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.
Is Hainan Meilan International Airport Co (FRA:HAO) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co stock appears to be undervalued.
The current stock price of €0.46 is trading 55.6% below its estimated GF Value™ of €1.04.
GuruFocus considers Hainan Meilan International Airport Co to be Possible Value Trap.
Key valuation signals for FRA:HAO:
Beta: 1.2127
GF Value™: €1.04 vs. price of €0.46 (55.6% below fair value)
No single metric tells the full story. See the FRA:HAO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Meilan International Airport Co Business Description
Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel, and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.
68GF Score
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