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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-02), Comet Holding AG's Beta is 1.8200.
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)
Comet Holding AG Beta Related Terms
Comet Holding AG Beta Historical Data
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The historical data trend for Comet Holding AG'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.
For the Scientific & Technical Instruments subindustry, Comet Holding AG'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.
Comet Holding AG Beta vs Hardware Industry
For the Hardware industry and Technology sector, Comet Holding AG's Beta distribution charts can be found below:
* The bar in red indicates where Comet Holding AG'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.
Comet Holding AG (LTS:0ROQ) has a Beta of 1.8200 as of Aug. 02, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Comet Holding AG and its competitors.
Is Comet Holding AG's Beta too high?
Comet Holding AG's current Beta is 1.8200. Overall, Comet Holding AG has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Holding AG's Beta compare to COHR and KEYS?
Comet Holding AG's Beta of 1.8200 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Comet Holding AG and its competitors. Comet Holding AG's current Beta is 1.8200. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Comet Holding AG (LTS:0ROQ) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF263.20, compared to a current price of CHF338.27 — trading 28.5% above its estimated fair value. The current Beta is 1.8200. Comet Holding AG's overall GF Score™ is 80/100 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 Comet Holding AG (LTS:0ROQ), the current Beta is 1.8200 as of Aug. 02, 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 Comet Holding AG (LTS:0ROQ) Overvalued in 2026?
Based on GuruFocus' analysis, Comet Holding AG stock appears to be overvalued.
The current stock price of CHF338.27 is trading 28.5% above its estimated GF Value™ of CHF263.20.
GuruFocus considers Comet Holding AG to be Modestly Overvalued.
Key valuation signals for LTS:0ROQ:
Beta: 1.8200
GF Value™: CHF263.20 vs. price of CHF338.27 (28.5% above fair value)
No single metric tells the full story. See the LTS:0ROQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comet Holding AG is a vendor of X-ray, radio frequency (RF) power, and e-beam technology. It markets its systems and services under the Comet, Yxlon, and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics, and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators, and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor, and solar industries, as well as the security sector. The Group has three operating divisions: Plasma Control Technologies (PCT), X-Ray Systems (IXS), and Industrial X-Ray Modules (IXM).
80GF Score
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