Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-29), Graphene Manufacturing Group's Beta is 1.0823.
Graphene Manufacturing Group (OTCPK:GMGMF) 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 Specialty Chemicals subindustry, Graphene Manufacturing 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.
Graphene Manufacturing Group Beta vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Graphene Manufacturing Group's Beta distribution charts can be found below:
* The bar in red indicates where Graphene Manufacturing Group'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.
Graphene Manufacturing Group (GMGMF) has a Beta of 1.0823 as of Jun. 29, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Graphene Manufacturing Group and its competitors.
Is Graphene Manufacturing Group's Beta too high?
Graphene Manufacturing Group's current Beta is 1.0823. Overall, Graphene Manufacturing Group has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Graphene Manufacturing Group's Beta compare to LIN and SHW?
Graphene Manufacturing Group's Beta of 1.0823 can be compared against companies in the Chemicals 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 Chemicals company?
A good Beta depends on the Chemicals 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 Graphene Manufacturing Group and its competitors. Graphene Manufacturing Group's current Beta is 1.0823. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Graphene Manufacturing Group stock overvalued right now?
Based on GuruFocus' analysis, Graphene Manufacturing Group (GMGMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.22, compared to a current price of $1.65 — trading 35.2% above its estimated fair value. The current Beta is 1.0823. Graphene Manufacturing Group's overall GF Score™ is 63/100 with 4 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 Graphene Manufacturing Group (GMGMF), the current Beta is 1.0823 as of Jun. 29, 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 Graphene Manufacturing Group (GMGMF) Overvalued in 2026?
Based on GuruFocus' analysis, Graphene Manufacturing Group stock appears to be overvalued.
The current stock price of $1.65 is trading 35.2% above its estimated GF Value™ of $1.22.
GuruFocus considers Graphene Manufacturing Group to be Significantly Overvalued.
Key valuation signals for GMGMF:
Beta: 1.0823
GF Value™: $1.22 vs. price of $1.65 (35.2% above fair value)
No single metric tells the full story. See the GMGMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Graphene Manufacturing Group Ltd is an Australian clean-technology company that produces graphene powder through a proprietary process using natural gas as feedstock. The company focuses on energy-saving solutions and energy storage products enabled by graphene. Its product range includes THERMAL-XR, a graphene-enhanced coating system for improved heat transfer; G Lubricant, a graphene-based lubricant additive; and a graphene aluminum-ion battery under development. The company targets sectors such as HVAC refrigeration, automotive, energy storage, utilities, and infrastructure. The revenue is generated from two sources: Thermal-XR and G-Lubricant product sales and Thermal-XR coating services.
63GF Score
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