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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-28), CM Energy Tech Co's Beta is 0.8990.
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)
CM Energy Tech Co Beta Related Terms
CM Energy Tech Co Beta Historical Data
* Premium members only.
The historical data trend for CM Energy Tech Co's Beta can be seen below:
* 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 Oil & Gas Equipment & Services subindustry, CM Energy Tech 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.
CM Energy Tech Co Beta vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CM Energy Tech Co's Beta distribution charts can be found below:
* The bar in red indicates where CM Energy Tech Co'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.
CM Energy Tech Co (HKSE:00206) has a Beta of 0.8990 as of Aug. 28, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for CM Energy Tech Co and its competitors.
Is CM Energy Tech Co's Beta too high?
CM Energy Tech Co's current Beta is 0.8990. Overall, CM Energy Tech Co has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CM Energy Tech Co's Beta compare to SLB and BKR?
CM Energy Tech Co's Beta of 0.8990 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Beta depends on the Oil & Gas 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 CM Energy Tech Co and its competitors. CM Energy Tech Co's current Beta is 0.8990. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CM Energy Tech Co stock overvalued right now?
Based on GuruFocus' analysis, CM Energy Tech Co (HKSE:00206) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.24 — trading 18.5% above its estimated fair value. The current Beta is 0.8990. CM Energy Tech Co's overall GF Score™ is 53/100 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 CM Energy Tech Co (HKSE:00206), the current Beta is 0.8990 as of Aug. 28, 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 CM Energy Tech Co (HKSE:00206) Overvalued in 2026?
Based on GuruFocus' analysis, CM Energy Tech Co stock appears to be overvalued.
The current stock price of HK$0.24 is trading 18.5% above its estimated GF Value™ of HK$0.20.
GuruFocus considers CM Energy Tech Co to be Modestly Overvalued.
Key valuation signals for HKSE:00206:
Beta: 0.8990
GF Value™: HK$0.20 vs. price of HK$0.24 (18.5% above fair value)
No single metric tells the full story. See the HKSE:00206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CM Energy Tech Co Ltd is an investment holding company operating in the new energy sector. Its activities are centered on hydrogen energy, marine equipment, electric drive systems, and related services. The company has three reportable segments: Equipment manufacturing and packages, Supply chain and integration services and Assets management and engineering services. The majority of revenue is derived from the Shipbuilding and offshore equipment support segment, which includes Design, manufacturing, installation and commissioning of equipment related to land and offshore drilling rigs and equipment related to offshore wind power installation platforms and rigs. Its product range includes jacking systems, pile legs and racks, cranes, etc.
53GF Score
Get the complete analysis for HKSE:00206
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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