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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-19), HORNBACH Baumarkt AG's Beta is -0.1638.
HORNBACH Baumarkt AG (HAM:HBM) 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 Home Improvement Retail subindustry, HORNBACH Baumarkt AG'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.
HORNBACH Baumarkt AG Beta vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Baumarkt AG's Beta distribution charts can be found below:
* The bar in red indicates where HORNBACH Baumarkt AG'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.
HORNBACH Baumarkt AG (HAM:HBM) has a Beta of -0.1638 as of Jul. 19, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for HORNBACH Baumarkt AG and its competitors.
Is HORNBACH Baumarkt AG's Beta too high?
HORNBACH Baumarkt AG's current Beta is -0.1638. Overall, HORNBACH Baumarkt AG has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HORNBACH Baumarkt AG's Beta compare to HD and LOW?
HORNBACH Baumarkt AG's Beta of -0.1638 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Beta depends on the Retail - Cyclical 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 HORNBACH Baumarkt AG and its competitors. HORNBACH Baumarkt AG's current Beta is -0.1638. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HORNBACH Baumarkt AG stock overvalued right now?
Based on GuruFocus' analysis, HORNBACH Baumarkt AG (HAM:HBM) is currently considered Fairly Valued. The stock's GF Value™ is €58.64, compared to a current price of €63.50 — trading 8.3% above its estimated fair value. The current Beta is -0.1638. HORNBACH Baumarkt AG's overall GF Score™ is 72/100 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 HORNBACH Baumarkt AG (HAM:HBM), the current Beta is -0.1638 as of Jul. 19, 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 HORNBACH Baumarkt AG (HAM:HBM) Overvalued in 2026?
Based on GuruFocus' analysis, HORNBACH Baumarkt AG stock appears to be overvalued.
The current stock price of €63.50 is trading 8.3% above its estimated GF Value™ of €58.64.
GuruFocus considers HORNBACH Baumarkt AG to be Fairly Valued.
Key valuation signals for HAM:HBM:
Beta: -0.1638
GF Value™: €58.64 vs. price of €63.50 (8.3% above fair value)
No single metric tells the full story. See the HAM:HBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HORNBACH Baumarkt AG is a German company that operates megastores and offers do-it-yourself (DIY), home improvement, and gardening products. The company also operates in other European countries, including Austria, the Netherlands, the Czech Republic, Switzerland, and Romania. The company conducts its activities through its Retail and Real estate segments. The Retail segment operates DIY megastores and garden centers, while the Real estate segment focuses on retail properties. The stores' product range includes hardware/electrical, paint/wallpaper/flooring, construction materials, sanitary tiles, and garden products. The majority of the company's sales are derived from its retail segment.
72GF Score
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