Adicon Holdings (HKSE:09860) Beta: 0.9106 (As of Jul. 07, 2026)


HKSE:09860 Adicon Holdings Ltd HKSE:09860
76 GF Score
Price HK$4.13
GF Value HK$7.24
Valuation Possible Value Trap
! 6 Warning Signs
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What is Adicon Holdings Beta?

Adicon Holdings HKSE:09860 76 Beta is 0.9106 as of Jul. 07, 2026. GuruFocus rates HKSE:09860 with a GF Score™ of 76/100 and a GF Value™ of HK$7.24 (Possible Value Trap). The stock has 6 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-07), Adicon Holdings's Beta is 0.9106.

Adicon Holdings  (HKSE:09860) 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)

Adicon Holdings Beta Related Terms

Adicon Holdings Beta Historical Data

* Premium members only.

The historical data trend for Adicon 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.

Adicon Holdings Beta Chart

Adicon Holdings Annual Data
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Adicon Holdings Semi-Annual Data
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HKSE:09860 vs TMO, DHR, IDXX: Beta Comparison

For the Diagnostics & Research subindustry, Adicon 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.

Adicon Holdings Beta vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Adicon Holdings's Beta distribution charts can be found below:

* The bar in red indicates where Adicon Holdings's Beta falls into.


HKSE:09860
76GF Score
Adicon Holdings Ltd HKSE:09860
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adicon 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.9106 mean?
Adicon Holdings (HKSE:09860) has a Beta of 0.9106 as of Jul. 07, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Adicon Holdings and its competitors.
Is Adicon Holdings' Beta too high?
Adicon Holdings' current Beta is 0.9106. Overall, Adicon Holdings has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Adicon Holdings' Beta compare to TMO and DHR?
Adicon Holdings' Beta of 0.9106 can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good Beta depends on the Medical Diagnostics & Research 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 Adicon Holdings and its competitors. Adicon Holdings's current Beta is 0.9106. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adicon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adicon Holdings (HKSE:09860) is currently considered Possible Value Trap. The stock's GF Value™ is HK$7.24, compared to a current price of HK$4.13 — trading 43% below its estimated fair value. The current Beta is 0.9106. Adicon Holdings' overall GF Score™ is 76/100 with 6 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 Adicon Holdings (HKSE:09860), the current Beta is 0.9106 as of Jul. 07, 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 Adicon Holdings (HKSE:09860) Overvalued in 2026?

Based on GuruFocus' analysis, Adicon Holdings stock appears to be undervalued. The current stock price of HK$4.13 is trading 43% below its estimated GF Value™ of HK$7.24. GuruFocus considers Adicon Holdings to be Possible Value Trap.

Key valuation signals for HKSE:09860:

  • Beta: 0.9106
  • GF Value™: HK$7.24 vs. price of HK$4.13 (43% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the HKSE:09860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Adicon Holdings Business Description

Address No. 208, Zhenzhong Road, West Lake District, Xihu District, Hangzhou, CHN
Adicon Holdings Ltd is a ICL service provider in China. It offers comprehensive testing services to hospitals and health check centers through an integrated network of self-operated laboratories across China. Its testing services platform includes clinical laboratories, pathology laboratories, reproductive genetics laboratories, gene laboratories, and mass spectrometry laboratories, consisting of over 4,000 medical diagnostic tests, the introduction of over 300 new high-end diagnostic tests.
76GF Score

Get the complete analysis for HKSE:09860

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$4.13
Price
HK$7.24
GF Value