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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-03), Applied Industrial Technologies's Beta is 0.8219.
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)
Applied Industrial Technologies Beta Related Terms
Applied Industrial Technologies 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 Industrial Distribution subindustry, Applied Industrial Technologies'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.
Applied Industrial Technologies Beta vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Beta distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's Beta falls into.
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.
Applied Industrial Technologies (LTS:0HGR) has a Beta of 0.8219 as of Aug. 03, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Applied Industrial Technologies and its competitors.
Is Applied Industrial Technologies' Beta too high?
Applied Industrial Technologies' current Beta is 0.8219. Overall, Applied Industrial Technologies has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Industrial Technologies' Beta compare to QXO and WSO?
Applied Industrial Technologies' Beta of 0.8219 can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Beta depends on the Industrial Distribution 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 Applied Industrial Technologies and its competitors. Applied Industrial Technologies's current Beta is 0.8219. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Industrial Technologies stock overvalued right now?
Based on GuruFocus' analysis, Applied Industrial Technologies (LTS:0HGR) is currently considered Significantly Overvalued. The stock's GF Value™ is $254.14, compared to a current price of $343.49 — trading 35.2% above its estimated fair value. The current Beta is 0.8219. Applied Industrial Technologies' overall GF Score™ is 89/100 with 6 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 Applied Industrial Technologies (LTS:0HGR), the current Beta is 0.8219 as of Aug. 03, 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 Applied Industrial Technologies (LTS:0HGR) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Industrial Technologies stock appears to be overvalued.
The current stock price of $343.49 is trading 35.2% above its estimated GF Value™ of $254.14.
GuruFocus considers Applied Industrial Technologies to be Significantly Overvalued.
Key valuation signals for LTS:0HGR:
Beta: 0.8219
GF Value™: $254.14 vs. price of $343.49 (35.2% above fair value)
No single metric tells the full story. See the LTS:0HGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.
89GF Score
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