Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), PT Gowa Makassar Tourism Development Tbk's Beta is 1.1011.
PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) 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 Gowa Makassar Tourism Development Tbk Beta Related Terms
PT Gowa Makassar Tourism Development 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.
PT Gowa Makassar Tourism Development Tbk Beta Chart
PT Gowa Makassar Tourism Development Tbk Annual Data
PT Gowa Makassar Tourism Development Tbk Beta Competitor Comparison
For the Real Estate - Development subindustry, PT Gowa Makassar Tourism Development 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 Gowa Makassar Tourism Development Tbk Beta vs Real Estate Industry
PT Gowa Makassar Tourism Development 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 Gowa Makassar Tourism Development Tbk (ISX:GMTD) has a Beta of 1.1011 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PT Gowa Makassar Tourism Development Tbk and its competitors.
Is PT Gowa Makassar Tourism Development Tbk's Beta too high?
PT Gowa Makassar Tourism Development Tbk's current Beta is 1.1011. Overall, PT Gowa Makassar Tourism Development Tbk has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Gowa Makassar Tourism Development Tbk's Beta compare to competitors?
PT Gowa Makassar Tourism Development Tbk's Beta of 1.1011 can be compared against companies in the Real Estate 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 Real Estate company?
A good Beta depends on the Real Estate 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 Gowa Makassar Tourism Development Tbk and its competitors. PT Gowa Makassar Tourism Development Tbk's current Beta is 1.1011. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gowa Makassar Tourism Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp2,227.47, compared to a current price of Rp1,300.00 — trading 41.6% below its estimated fair value. The current Beta is 1.1011. PT Gowa Makassar Tourism Development Tbk's overall GF Score™ is 68/100 with 2 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 Gowa Makassar Tourism Development Tbk (ISX:GMTD), the current Beta is 1.1011 as of Jun. 24, 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 Gowa Makassar Tourism Development Tbk (ISX:GMTD) Overvalued in 2026?
Based on GuruFocus' analysis, PT Gowa Makassar Tourism Development Tbk stock appears to be undervalued.
The current stock price of Rp1,300.00 is trading 41.6% below its estimated GF Value™ of Rp2,227.47.
GuruFocus considers PT Gowa Makassar Tourism Development Tbk to be Significantly Undervalued.
Key valuation signals for ISX:GMTD:
Beta: 1.1011
GF Value™: Rp2,227.47 vs. price of Rp1,300.00 (41.6% below fair value)
No single metric tells the full story. See the ISX:GMTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Gowa Makassar Tourism Development Tbk Business Description
PT Gowa Makassar Tourism Development Tbk engages in property development and investment business. It is involved in the development of residential estates, apartments, condominiums, hotels, recreational facilities, commercial complexes, real estate, and other supporting facilities. It classifies its business activities into two business segments: the Core segment, which consists of sales of residential houses, shop houses, and ready-to-build land, and a supporting segment consisting of Akkarena tourism area management and urban management. Its projects include Residential and Commercial. The company is based in Indonesia, and the majority of its revenues are derived from the real estate business.
68GF Score
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