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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-11), China Dredging Environment Protection Holdings's Beta is 0.1219.
China Dredging Environment Protection Holdings (HKSE:00871) 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)
China Dredging Environment Protection Holdings Beta Related Terms
China Dredging Environment Protection Holdings Beta Historical Data
* 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.
China Dredging Environment Protection Holdings Beta Chart
China Dredging Environment Protection Holdings Annual Data
* 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.
China Dredging Environment Protection Holdings Beta vs Construction Industry
China Dredging Environment Protection Holdings Beta Calculation
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.
China Dredging Environment Protection Holdings (HKSE:00871) has a Beta of 0.1219 as of Aug. 11, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Dredging Environment Protection Holdings and its competitors.
Is China Dredging Environment Protection Holdings' Beta too high?
China Dredging Environment Protection Holdings' current Beta is 0.1219.
How does China Dredging Environment Protection Holdings' Beta compare to PWR and FIX?
China Dredging Environment Protection Holdings' Beta of 0.1219 can be compared against companies in the Construction 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 Construction company?
A good Beta depends on the Construction 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 China Dredging Environment Protection Holdings and its competitors. China Dredging Environment Protection Holdings's current Beta is 0.1219. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Dredging Environment Protection Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Dredging Environment Protection Holdings (HKSE:00871) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.05 — trading 18.3% below its estimated fair value. The current Beta is 0.1219. 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 China Dredging Environment Protection Holdings (HKSE:00871), the current Beta is 0.1219 as of Aug. 11, 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.
China Dredging Environment Protection Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the provision of dredging and water management services, the provision of marine hoisting, installation, and other engineering services. It operates in four reportable segments: Capital and Reclamation Dredging Business; Environmental Protection Dredging and Water Management Business; Other Marine Business; and Property Management Business. The group generates the majority of its revenue from Other Marine Business, which mainly comprises marine hoisting, installation, salvaging, vessel chartering, and other engineering services. It derives revenue from the transfer of goods and services in geographical markets from Mainland China and Other countries and regions.
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