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Burger Fuel Group (NZSE:BFG) Beta : -0.37 (As of Dec. 14, 2024)


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What is Burger Fuel Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-14), Burger Fuel Group's Beta is -0.37.


Burger Fuel Group Beta Historical Data

The historical data trend for Burger Fuel Group'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.

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Burger Fuel Group Beta Chart

Burger Fuel Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.23 1.30 1.06 -0.16

Burger Fuel Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 1.17 1.06 0.05 -0.16 -0.44

Competitive Comparison of Burger Fuel Group's Beta

For the Restaurants subindustry, Burger Fuel Group'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.


Burger Fuel Group's Beta Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Burger Fuel Group's Beta distribution charts can be found below:

* The bar in red indicates where Burger Fuel Group's Beta falls into.



Burger Fuel Group 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.


Burger Fuel Group  (NZSE:BFG) 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)


Burger Fuel Group Beta Related Terms

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Burger Fuel Group Business Description

Traded in Other Exchanges
N/A
Address
66 Surrey Crescent, Grey Lynn, Auckland, NTL, NZL, 1021
Burger Fuel Group Ltd engages in the development and management of both franchised and company-owned gourmet burger restaurants. It offers Grass Fed Beef, Free Range Chicken, Gourmet Minis, Gourmet Sides, Drinks, Sauces, and others. The company operates in two segments consisting of geographical locations including New Zeal and the International market. It derives a majority of its revenue from New Zealand.

Burger Fuel Group Headlines

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