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Caxton and CTP Publishers and Printers (JSE:CAT) Beta : 0.10 (As of Dec. 12, 2024)


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What is Caxton and CTP Publishers and Printers Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-12), Caxton and CTP Publishers and Printers's Beta is 0.10.


Caxton and CTP Publishers and Printers Beta Historical Data

The historical data trend for Caxton and CTP Publishers and Printers'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.

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Caxton and CTP Publishers and Printers Beta Chart

Caxton and CTP Publishers and Printers Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.16 -0.41 -0.30 -0.27

Caxton and CTP Publishers and Printers Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.41 -0.30 -0.24 -0.27 -0.05

Competitive Comparison of Caxton and CTP Publishers and Printers's Beta

For the Publishing subindustry, Caxton and CTP Publishers and Printers'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.


Caxton and CTP Publishers and Printers's Beta Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Caxton and CTP Publishers and Printers's Beta distribution charts can be found below:

* The bar in red indicates where Caxton and CTP Publishers and Printers's Beta falls into.



Caxton and CTP Publishers and Printers 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.


Caxton and CTP Publishers and Printers  (JSE:CAT) 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)


Caxton and CTP Publishers and Printers Beta Related Terms

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Caxton and CTP Publishers and Printers Business Description

Traded in Other Exchanges
Address
Caxton House, Craighall Park, 368 Jan Smuts Avenue, Johannesburg, GT, ZAF, 2196
Caxton and CTP Publishers and Printers Ltd is a South African media company that publishes regional community newspapers and magazines. It also provides commercial printing, packaging, and book printing to its customers. The group has three reportable segments: Publishing, printing and distribution, Packaging and stationery, and Others. Its packaging segment of the company focuses on cartons, labels, cigarette packs, and point-of-sale packaging displays. The Other segment derives revenue from dividends and certain intergroup charges. The company generates maximum revenue from Publishing, printing, and distribution segment.