Elitecon International (NSE:ELITECON) Beta: N/A (As of Aug. 21, 2026)

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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.
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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.

NSE:ELITECON Elitecon International Ltd NSE:ELITECON
47 GF Score
Price ₹16.79
GF Value ₹2.11
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Elitecon International Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-21), Elitecon International's Beta is Not available.

Elitecon International  (NSE:ELITECON) 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)

Elitecon International Beta Related Terms

Elitecon International Beta Historical Data

* Premium members only.

The historical data trend for Elitecon International'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.

Elitecon International Beta Chart

Elitecon International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Elitecon International Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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
NSE:ELITECON
47GF Score
Elitecon International Ltd NSE:ELITECON
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Elitecon International 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 Elitecon International (NSE:ELITECON) Overvalued in 2026?

Based on GuruFocus' analysis, Elitecon International stock appears to be overvalued. The current stock price of ₹16.79 is trading 695.7% above its estimated GF Value™ of ₹2.11. GuruFocus considers Elitecon International to be Significantly Overvalued.

Key valuation signals for NSE:ELITECON:

  • Beta: N/A
  • GF Value™: ₹2.11 vs. price of ₹16.79 (695.7% above fair value)
  • GF Score™: 47/100 with 3 warning signs

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

Elitecon International Business Description

Comparable Companies
Other Exchanges 539533:India
Address NH-19, CRRI, AltF 101, TR-442, Okhla - 4th Floor, 101, Ishwar Nagar, Okhla, Tugalkabad, South Delhi, Delhi, IND, 110044
Elitecon International Ltd operates in the manufacturing and trading of tobacco products including cigarettes, smoking mixtures, and sheesha. The company serves both domestic and international markets, with notable exports to regions such as the Middle East, Asia, and Europe. Elitecon has expanded its portfolio to include fast-moving consumer goods (FMCG), with upcoming plans to introduce products like snacks, edible oils, and other essentials. Its revenue is generated majorly through the sale of tobacco-based products and FMCG items, supported by a manufacturing infrastructure focused on innovation and sustainability. The company has two reportable segments, "tobacco and allied products" and "Agro Commodities".
47GF Score

Get the complete analysis for NSE:ELITECON

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

₹16.79
Price
₹2.11
GF Value