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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-23), San Miguel Brewery Hong Kong's Beta is 0.2092.
San Miguel Brewery Hong Kong (HKSE:00236) 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 Beverages - Brewers subindustry, San Miguel Brewery 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.
San Miguel Brewery Hong Kong Beta vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, San Miguel Brewery Hong Kong's Beta distribution charts can be found below:
* The bar in red indicates where San Miguel Brewery 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.
San Miguel Brewery Hong Kong (HKSE:00236) has a Beta of 0.2092 as of Aug. 23, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for San Miguel Brewery Hong Kong and its competitors.
Is San Miguel Brewery Hong Kong's Beta too high?
San Miguel Brewery Hong Kong's current Beta is 0.2092. Overall, San Miguel Brewery Hong Kong has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel Brewery Hong Kong's Beta compare to STZ?
San Miguel Brewery Hong Kong's Beta of 0.2092 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Beta depends on the Beverages - Alcoholic 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 San Miguel Brewery Hong Kong and its competitors. San Miguel Brewery Hong Kong's current Beta is 0.2092. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Miguel Brewery Hong Kong stock overvalued right now?
Based on GuruFocus' analysis, San Miguel Brewery Hong Kong (HKSE:00236) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.91, compared to a current price of HK$1.09 — trading 19.8% above its estimated fair value. The current Beta is 0.2092. San Miguel Brewery Hong Kong's overall GF Score™ is 51/100 with 1 warning sign 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 San Miguel Brewery Hong Kong (HKSE:00236), the current Beta is 0.2092 as of Aug. 23, 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 San Miguel Brewery Hong Kong (HKSE:00236) Overvalued in 2026?
Based on GuruFocus' analysis, San Miguel Brewery Hong Kong stock appears to be overvalued.
The current stock price of HK$1.09 is trading 19.8% above its estimated GF Value™ of HK$0.91.
GuruFocus considers San Miguel Brewery Hong Kong to be Modestly Overvalued.
Key valuation signals for HKSE:00236:
Beta: 0.2092
GF Value™: HK$0.91 vs. price of HK$1.09 (19.8% above fair value)
No single metric tells the full story. See the HKSE:00236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
San Miguel Brewery Hong Kong Ltd is engaged in the manufacturing and distribution of bottled, canned, and draught beers. Its two reportable segments are: The Hong Kong operations comprise the manufacture and distribution of own brewed beer products and the distribution of imported beer products in Hong Kong and overseas; and The Mainland China operations comprise the manufacture and distribution of own-brewed beer products in the southern part of the People's Republic of China and overseas. It derives the majority of its revenue from Hong Kong.
51GF Score
Get the complete analysis for HKSE:00236
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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