Finet Group (HKSE:08317) Beta: 0.8217 (As of Aug. 27, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Finet Group Beta?

Finet Group HKSE:08317 Beta is 0.8217 as of Aug. 27, 2026. The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-27), Finet Group's Beta is 0.8217.


Finet Group  (HKSE:08317) 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)


Finet Group Beta Related Terms


Finet Group Beta Historical Data

* Premium members only.

The historical data trend for Finet Group'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.

Finet Group Beta Chart

Finet Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 -0.21 -0.26 -0.16 0.40

Finet Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.26 -0.17 -0.16 0.07 0.40

HKSE:08317 vs CTAS, CPRT, GPN: Beta Comparison

For the Specialty Business Services subindustry, Finet Group'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.


Finet Group Beta vs Business Services Industry

For the Business Services industry and Industrials sector, Finet Group's Beta distribution charts can be found below:

* The bar in red indicates where Finet Group's Beta falls into.



Finet Group 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.8217 mean?
Finet Group (HKSE:08317) has a Beta of 0.8217 as of Aug. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Finet Group and its competitors.
Is Finet Group's Beta too high?
Finet Group's current Beta is 0.8217.
How does Finet Group's Beta compare to CTAS and CPRT?
Finet Group's Beta of 0.8217 can be compared against companies in the Business Services 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 Business Services company?
A good Beta depends on the Business Services 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 Finet Group and its competitors. Finet Group's current Beta is 0.8217. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finet Group stock overvalued right now?
Based on GuruFocus' analysis, Finet Group (HKSE:08317) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.08 — trading 42.9% below its estimated fair value. The current Beta is 0.8217. 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 Finet Group (HKSE:08317), the current Beta is 0.8217 as of Aug. 27, 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.

Finet Group Business Description

Address 77-79 Gloucester Road, 30th Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Finet Group Ltd is an investment holding company. The company has four business segments namely Financial Information, Advertising and Investor Relationship Service Business; Securities and Futures Business; and Property Investment Business. The Financial Information, Advertising and Investor Relationship Service Business segment which derives maximum revenue is involved in the development, production, and provision of financial information services and technology solutions to investors, corporate and retail clients. The Securities and Futures segment specializes in the provision of online securities and futures trading. The Money Lending Business segment engages in lending. The Property Investment segment involves in the real estate business.