Elia Group/NV (MEX:ELI N) Beta: N/A (As of Aug. 31, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:ELI N Elia Group SA/NV MEX:ELI N
81 GF Score
Price MXN2,771.93
GF Value MXN1,978.19
! 10 Warning Signs
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What is Elia Group/NV Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-31), Elia Group/NV's Beta is Not available.

Elia Group/NV  (MEX:ELI N) 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)

Elia Group/NV Beta Related Terms

Elia Group/NV Beta Historical Data

* Premium members only.

The historical data trend for Elia Group/NV'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.

Elia Group/NV Beta Chart

Elia Group/NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
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Elia Group/NV Semi-Annual Data
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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 0.00 0.00 0.00 0.00 0.00
MEX:ELI N
81GF Score
Elia Group SA/NV MEX:ELI N
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Elia Group/NV 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.

Is Elia Group/NV (MEX:ELI N) Overvalued in 2026?

Based on GuruFocus' analysis, Elia Group/NV stock appears to be overvalued. The current stock price of MXN2,771.93 is trading 40.1% above its estimated GF Value™ of MXN1,978.19.

Key valuation signals for MEX:ELI N:

  • Beta: N/A
  • GF Value™: MXN1,978.19 vs. price of MXN2,771.93 (40.1% above fair value)
  • GF Score™: 81/100 with 10 warning signs

No single metric tells the full story. See the MEX:ELI N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elia Group/NV Business Description

Address 20 Boulevard de l’Empereur, Brussels, BEL, 1000
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. These countries also house many of the firm's energy infrastructure investments. Elia's operating segments are: 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link. Geographically, it generates maximum revenue from Germany, and the rest from Belgium, Other EU countries, North America, and Asia and Africa.
81GF Score

Get the complete analysis for MEX:ELI N

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,771.93
Price
MXN1,978.19
GF Value