Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), PT Indoritel Makmur Internasional Tbk's Beta is -0.2962.
PT Indoritel Makmur Internasional Tbk (ISX:DNET) 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 Indoritel Makmur Internasional Tbk Beta Related Terms
PT Indoritel Makmur Internasional Tbk Beta Historical Data
* 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.
For the Telecom Services subindustry, PT Indoritel Makmur Internasional Tbk'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.
PT Indoritel Makmur Internasional Tbk Beta vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, PT Indoritel Makmur Internasional Tbk's Beta distribution charts can be found below:
* The bar in red indicates where PT Indoritel Makmur Internasional Tbk's Beta falls into.
PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional Tbk (ISX:DNET) has a Beta of -0.2962 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PT Indoritel Makmur Internasional Tbk and its competitors.
Is PT Indoritel Makmur Internasional Tbk's Beta too high?
PT Indoritel Makmur Internasional Tbk's current Beta is -0.2962. Overall, PT Indoritel Makmur Internasional Tbk has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indoritel Makmur Internasional Tbk's Beta compare to TMUS and VZ?
PT Indoritel Makmur Internasional Tbk's Beta of -0.2962 can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Beta depends on the Telecommunication 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 PT Indoritel Makmur Internasional Tbk and its competitors. PT Indoritel Makmur Internasional Tbk's current Beta is -0.2962. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indoritel Makmur Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk (ISX:DNET) is currently considered Fairly Valued. The stock's GF Value™ is Rp9,996.77, compared to a current price of Rp10,300.00 — trading 3% above its estimated fair value. The current Beta is -0.2962. PT Indoritel Makmur Internasional Tbk's overall GF Score™ is 84/100 with 5 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 PT Indoritel Makmur Internasional Tbk (ISX:DNET), the current Beta is -0.2962 as of Jun. 25, 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 PT Indoritel Makmur Internasional Tbk (ISX:DNET) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk stock appears to be overvalued.
The current stock price of Rp10,300.00 is trading 3% above its estimated GF Value™ of Rp9,996.77.
GuruFocus considers PT Indoritel Makmur Internasional Tbk to be Fairly Valued.
Key valuation signals for ISX:DNET:
Beta: -0.2962
GF Value™: Rp9,996.77 vs. price of Rp10,300.00 (3% above fair value)
No single metric tells the full story. See the ISX:DNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indoritel Makmur Internasional Tbk Business Description
PT Indoritel Makmur Internasional Tbk is an investment holding company. The company, through its subsidiaries, is engaged in providing infrastructure through fiber optic media and serving telecommunication services ranging from data communication to interactive video, managing SDWAN services, and a variety of other Internet of Things (IoT) derivatives. Its segments are the Corporate segment, the Retail segment, and Others. It generates the majority of revenue from the Corporate segment. The Corporate Business Segment provides fiber-optic-based telecommunications data connection service products for business customers, such as Last Mile Solution, Fiberization, IP Transit, IEPL, MPLS, and DWDM, to other telecommunications operators and international customers.
84GF Score
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