Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-17), Wing On Co International's Beta is 0.2188.
Wing On Co International (HKSE:00289) 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 Department Stores subindustry, Wing On Co International'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.
Wing On Co International Beta vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Wing On Co International's Beta distribution charts can be found below:
* The bar in red indicates where Wing On Co International'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.
Wing On Co International (HKSE:00289) has a Beta of 0.2188 as of Aug. 17, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Wing On Co International and its competitors.
Is Wing On Co International's Beta too high?
Wing On Co International's current Beta is 0.2188. Overall, Wing On Co International has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing On Co International's Beta compare to DDS?
Wing On Co International's Beta of 0.2188 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 Wing On Co International and its competitors. Wing On Co International's current Beta is 0.2188. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing On Co International stock overvalued right now?
Based on GuruFocus' analysis, Wing On Co International (HKSE:00289) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$9.98, compared to a current price of HK$13.36 — trading 33.9% above its estimated fair value. The current Beta is 0.2188. Wing On Co International's overall GF Score™ is 64/100 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 Wing On Co International (HKSE:00289), the current Beta is 0.2188 as of Aug. 17, 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 Wing On Co International (HKSE:00289) Overvalued in 2026?
Based on GuruFocus' analysis, Wing On Co International stock appears to be overvalued.
The current stock price of HK$13.36 is trading 33.9% above its estimated GF Value™ of HK$9.98.
GuruFocus considers Wing On Co International to be Significantly Overvalued.
Key valuation signals for HKSE:00289:
Beta: 0.2188
GF Value™: HK$9.98 vs. price of HK$13.36 (33.9% above fair value)
No single metric tells the full story. See the HKSE:00289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments, namely, Department Stores and Property Investment. The department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, the United States of America, and Mainland China. The firm derives the majority of its revenues from the department stores segment.
64GF Score
Get the complete analysis for HKSE:00289
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00289 has been successfully added to your 
