PT Newport Marine Services Tbk (ISX:BOAT) Beta: N/A (As of Jun. 26, 2026)


What is PT Newport Marine Services Tbk Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), PT Newport Marine Services Tbk's Beta is Not available.

PT Newport Marine Services Tbk  (ISX:BOAT) 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)

PT Newport Marine Services Tbk Beta Related Terms

PT Newport Marine Services Tbk Beta Historical Data

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The historical data trend for PT Newport Marine Services Tbk'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.

PT Newport Marine Services Tbk Beta Chart

PT Newport Marine Services Tbk Annual Data
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PT Newport Marine Services Tbk Semi-Annual Data
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PT Newport Marine Services Tbk 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.

PT Newport Marine Services Tbk Business Description

Industry EnergyOil & Gas
Address Thamrin Boulevard (Kebon Kacang Raya), Thamrin Residences - Office Park Unit C18, Central Jakarta, IDN, 10230
PT Newport Marine Services Tbk is a management company that provides marine, seismic, and offshore services for the exploration, development, and production of oil and energy in Southeast Asia. It owns and operates a fleet of Vessels, including Seismic Survey Vessels, Utility / Multipurpose Vessels, Crew Boats, Anchor Handling Tug Supply, Azimuth Stern Drive Tugs, Landing Craft Tankers, Oil Barges, Platform Supply Vessels, etc. The company has two reportable segments which included the owned vessels; and charter vessels. It derives maximum revenue from Chartered Vessel.