Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), China Unicom (Hong Kong)'s Beta is -0.1567.
China Unicom (Hong Kong) (FRA:XCI) 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)
* 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.
For the Telecom Services subindustry, China Unicom (Hong Kong)'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.
China Unicom (Hong Kong) Beta vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Beta distribution charts can be found below:
* The bar in red indicates where China Unicom (Hong Kong)'s Beta falls into.
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.
China Unicom (Hong Kong) (FRA:XCI) has a Beta of -0.1567 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Unicom (Hong Kong) and its competitors.
Is China Unicom (Hong Kong)'s Beta too high?
China Unicom (Hong Kong)'s current Beta is -0.1567. Overall, China Unicom (Hong Kong) has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does China Unicom (Hong Kong)'s Beta compare to TMUS and VZ?
China Unicom (Hong Kong)'s Beta of -0.1567 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Beta depends on the Telecommunication Services 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 China Unicom (Hong Kong) and its competitors. China Unicom (Hong Kong)'s current Beta is -0.1567. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Unicom (Hong Kong) stock overvalued right now?
China Unicom (Hong Kong) (FRA:XCI) has a current Beta of -0.1567. The stock's GF Value™ is €0.87, compared to a current price of €0.78 — trading 10.3% below its estimated fair value. The current Beta is -0.1567. China Unicom (Hong Kong)'s overall GF Score™ is 83/100 with 3 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 China Unicom (Hong Kong) (FRA:XCI), the current Beta is -0.1567 as of Jun. 24, 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 China Unicom (Hong Kong) (FRA:XCI) Overvalued in 2026?
Based on GuruFocus' analysis, China Unicom (Hong Kong) stock appears to be undervalued.
The current stock price of €0.78 is trading 10.3% below its estimated GF Value™ of €0.87.
Key valuation signals for FRA:XCI:
Beta: -0.1567
GF Value™: €0.87 vs. price of €0.78 (10.3% below fair value)
No single metric tells the full story. See the FRA:XCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As of June 2025, it had around 355 million billing wireless customers and over 125 million fixed-line subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China with 420,000 cabinets and its Cloud Service revenue is also showing strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.
83GF Score
Get the complete analysis for FRA:XCI
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