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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-08), Cosmos Machinery Enterprises's Beta is -0.2054.
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 Conglomerates subindustry, Cosmos Machinery Enterprises'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.
Cosmos Machinery Enterprises Beta vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Cosmos Machinery Enterprises's Beta distribution charts can be found below:
* The bar in red indicates where Cosmos Machinery Enterprises'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.
Cosmos Machinery Enterprises (HKSE:00118) has a Beta of -0.2054 as of Sep. 08, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Cosmos Machinery Enterprises and its competitors.
Is Cosmos Machinery Enterprises' Beta too high?
Cosmos Machinery Enterprises' current Beta is -0.2054. Overall, Cosmos Machinery Enterprises has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cosmos Machinery Enterprises' Beta compare to MMM and HON?
Cosmos Machinery Enterprises' Beta of -0.2054 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Beta depends on the Conglomerates 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 Cosmos Machinery Enterprises and its competitors. Cosmos Machinery Enterprises's current Beta is -0.2054. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosmos Machinery Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Cosmos Machinery Enterprises (HKSE:00118) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.20 — trading 17.1% below its estimated fair value. The current Beta is -0.2054. Cosmos Machinery Enterprises' overall GF Score™ is 43/100 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 Cosmos Machinery Enterprises (HKSE:00118), the current Beta is -0.2054 as of Sep. 08, 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 Cosmos Machinery Enterprises (HKSE:00118) Overvalued in 2026?
Based on GuruFocus' analysis, Cosmos Machinery Enterprises stock appears to be undervalued.
The current stock price of HK$0.20 is trading 17.1% below its estimated GF Value™ of HK$0.24.
GuruFocus considers Cosmos Machinery Enterprises to be Modestly Undervalued.
Key valuation signals for HKSE:00118:
Beta: -0.2054
GF Value™: HK$0.24 vs. price of HK$0.20 (17.1% below fair value)
No single metric tells the full story. See the HKSE:00118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cosmos Machinery Enterprises Ltd is an investment holding company. Its segments include Trading of Industrial Consumables; Processing and Manufacturing of Plastic Products; Manufacturing of Machinery; and Machinery Leasing. Majority of the revenue is derived from the Manufacturing of machinery segment. Geographically, group's operations are located in Hong Kong, Mainland China, other Asia-Pacific countries, North America and Europe.
43GF Score
Get the complete analysis for HKSE:00118
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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