Formul Plastik Ve Metalnayi AS (IST:FRMPL) Beta: N/A (As of Jun. 30, 2026)


IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
22 GF Score
Price ₺35.00
! 1 Warning Sign
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What is Formul Plastik Ve Metalnayi AS Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), Formul Plastik Ve Metalnayi AS's Beta is Not available.

Formul Plastik Ve Metalnayi AS  (IST:FRMPL) 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)

Formul Plastik Ve Metalnayi AS Beta Related Terms

Formul Plastik Ve Metalnayi AS Beta Historical Data

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The historical data trend for Formul Plastik Ve Metalnayi AS'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.

Formul Plastik Ve Metalnayi AS Beta Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Beta
0.00 0.00 0.00

Formul Plastik Ve Metalnayi AS Semi-Annual Data
Dec22 Dec23 Dec24
Beta 0.00 0.00 0.00
IST:FRMPL
22GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
22GF Score

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

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