Icon Culture Global Co (HKSE:08500) Beta: 0.2739 (As of Jul. 21, 2026)

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What is Icon Culture Global Co Beta?

Icon Culture Global Co HKSE:08500 Beta is 0.2739 as of Jul. 21, 2026. The stock has 7 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-21), Icon Culture Global Co's Beta is 0.2739.

Icon Culture Global Co  (HKSE:08500) 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)

Icon Culture Global Co Beta Related Terms

Icon Culture Global Co Beta Historical Data

* Premium members only.

The historical data trend for Icon Culture Global Co'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.

Icon Culture Global Co Beta Chart

Icon Culture Global Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
Get a 7-Day Free Trial 0.00 0.00 -0.09 -0.20 0.30

Icon Culture Global Co Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.21 -0.20 0.10 0.30 0.25

HKSE:08500 vs APP, OMC, TTD: Beta Comparison

For the Advertising Agencies subindustry, Icon Culture Global Co'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.

Icon Culture Global Co Beta vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Icon Culture Global Co's Beta distribution charts can be found below:

* The bar in red indicates where Icon Culture Global Co's Beta falls into.


Icon Culture Global Co 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 0.2739 mean?
Icon Culture Global Co (HKSE:08500) has a Beta of 0.2739 as of Jul. 21, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Icon Culture Global Co and its competitors.
Is Icon Culture Global Co's Beta too high?
Icon Culture Global Co's current Beta is 0.2739.
How does Icon Culture Global Co's Beta compare to APP and OMC?
Icon Culture Global Co's Beta of 0.2739 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Beta depends on the Media - Diversified 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 Icon Culture Global Co and its competitors. Icon Culture Global Co's current Beta is 0.2739. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon Culture Global Co stock overvalued right now?
Icon Culture Global Co (HKSE:08500) has a current Beta of 0.2739. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.09 — trading 13.8% above its estimated fair value. The current Beta is 0.2739. 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 Icon Culture Global Co (HKSE:08500), the current Beta is 0.2739 as of Jul. 21, 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.

Icon Culture Global Co Business Description

Address No. 28 Huaxia Road, 601, R&F Yingxin Building, Zhujiang New Town, Tianhe District, Guangzhou Province, CHN
Icon Culture Global Co Ltd is a multimedia advertising and marketing solution service provider in China. The company provides advertising and marketing solutions covering traditional offline media including both OOH and indoor advertising platforms; online media; public relations, marketing campaigns, and other services to its customers that consist of brand owners, state-owned entities in China, advertising agencies, and government authorities. Its integrated multimedia advertising and marketing solution services are focused on the formulation of advertising strategies for its customers and identifying and sourcing the appropriate advertising resources and formats to maximize the effectiveness of its customers' advertisements.