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TBK & Sons Holdings (HKSE:01960) Beta : -0.16 (As of Dec. 15, 2024)


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What is TBK & Sons Holdings Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), TBK & Sons Holdings's Beta is -0.16.


TBK & Sons Holdings Beta Historical Data

The historical data trend for TBK & Sons Holdings'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.

* Premium members only.

TBK & Sons Holdings Beta Chart

TBK & Sons Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Beta
Get a 7-Day Free Trial Premium Member Only - - - 0.26 0.24

TBK & Sons Holdings Semi-Annual Data
Jun16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.10 0.26 0.23 0.24

Competitive Comparison of TBK & Sons Holdings's Beta

For the Engineering & Construction subindustry, TBK & Sons Holdings'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.


TBK & Sons Holdings's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, TBK & Sons Holdings's Beta distribution charts can be found below:

* The bar in red indicates where TBK & Sons Holdings's Beta falls into.



TBK & Sons 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.


TBK & Sons Holdings  (HKSE:01960) 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)


TBK & Sons Holdings Beta Related Terms

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TBK & Sons Holdings Business Description

Traded in Other Exchanges
N/A
Address
Batu 2 Jalan Seremban, Lot 333, Kampung Paya, Port Dickson, NSN, MYS, 71000
TBK & Sons Holdings Ltd is an investment holding company. Its reportable operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products. The company generates a majority of its revenue from the Trading of oil and related products segment. Site preparation involves earthwork, demolition works, and temporary facilities and infrastructure construction. Construction and renovation include the building of sub-stations, field auxiliary rooms, workshops, etc; and the Civil work projects include reinforcing concrete foundations, pipe supports, ponds, pits etc. Geographically, it derives key revenue from the People's Republic of China, and rest from Hong Kong, and Malaysia.
Executives
Fuji Investment Spc 2201 Interest of corporation controlled by you
Victory Lead Ventures Limited 2101 Beneficial owner
Tan Han Peng 2201 Interest of corporation controlled by you
Tan Hun Tiong 2201 Interest of corporation controlled by you
Tan Siew Hong 2202 Interest of your spouse
Tbk & Sons International Limited 2101 Beneficial owner
Yang Dunwei 2201 Interest of corporation controlled by you
Hong Hui Guo Ji You Xian Gong Si 2106 Person having a security interest in shares

TBK & Sons Holdings Headlines

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