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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-10), Apex Ace Holding's Beta is 0.4039.
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)
Apex Ace Holding Beta Related Terms
Apex Ace Holding Beta Historical Data
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The historical data trend for Apex Ace Holding'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 Electronics & Computer Distribution subindustry, Apex Ace Holding'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.
Apex Ace Holding Beta vs Hardware Industry
For the Hardware industry and Technology sector, Apex Ace Holding's Beta distribution charts can be found below:
* The bar in red indicates where Apex Ace Holding'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.
Apex Ace Holding (HKSE:06036) has a Beta of 0.4039 as of Sep. 10, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Apex Ace Holding and its competitors.
Is Apex Ace Holding's Beta too high?
Apex Ace Holding's current Beta is 0.4039. Overall, Apex Ace Holding has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Ace Holding's Beta compare to SNX and ARW?
Apex Ace Holding's Beta of 0.4039 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Apex Ace Holding and its competitors. Apex Ace Holding's current Beta is 0.4039. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Ace Holding stock overvalued right now?
Based on GuruFocus' analysis, Apex Ace Holding (HKSE:06036) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.02, compared to a current price of HK$1.13 — trading 10.8% above its estimated fair value. The current Beta is 0.4039. Apex Ace Holding's overall GF Score™ is 72/100 with 3 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 Apex Ace Holding (HKSE:06036), the current Beta is 0.4039 as of Sep. 10, 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 Apex Ace Holding (HKSE:06036) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Ace Holding stock appears to be overvalued.
The current stock price of HK$1.13 is trading 10.8% above its estimated GF Value™ of HK$1.02.
GuruFocus considers Apex Ace Holding to be Modestly Overvalued.
Key valuation signals for HKSE:06036:
Beta: 0.4039
GF Value™: HK$1.02 vs. price of HK$1.13 (10.8% above fair value)
No single metric tells the full story. See the HKSE:06036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. Its segments include: Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, and mobile phones; and General components include switches, connectors, passive components, main chips, sensors, power semiconductors, and analog-to-digital converters. The company generates the majority of its revenue from the Digital Storage Products segment. Geographically, the company generates the majority of its revenue from the PRC.
72GF Score
Get the complete analysis for HKSE:06036
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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