East African Cables (NAI:CABL) Beta: N/A (As of Jul. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

NAI:CABL East African Cables Ltd NAI:CABL
10 GF Score
Price KES1.71
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What is East African Cables Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-27), East African Cables's Beta is Not available.

East African Cables  (NAI:CABL) 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)

East African Cables Beta Related Terms

East African Cables Beta Historical Data

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The historical data trend for East African Cables'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.

East African Cables Beta Chart

East African Cables Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
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East African Cables Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Dec24
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
NAI:CABL
10GF Score
East African Cables Ltd NAI:CABL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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East African Cables 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.

East African Cables Business Description

Address Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500
East African Cables Ltd manufactures a range of cables and conductors for applications in domestic and industrial lighting, transmission, and distribution of electricity. Its product portfolio comprises house wiring cables, flexible cables, armoured (underground) cables, auto and battery cables, electrical accessories, data and telecommunication cables, and others. The company has three reportable segments, which are its geographic locations, and include Kenya, Uganda, and Tanzania. The majority of the company's revenue is generated from Kenya and Uganda.
10GF Score

Get the complete analysis for NAI:CABL

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

KES1.71
Price