Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Channel Infrastructure NZ's Beta is 0.6497.
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)
* 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 Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.
Channel Infrastructure NZ Beta vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's Beta distribution charts can be found below:
* The bar in red indicates where Channel Infrastructure NZ'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.
Channel Infrastructure NZ (NZSE:CHI) has a Beta of 0.6497 as of Jun. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Channel Infrastructure NZ and its competitors.
Is Channel Infrastructure NZ's Beta too high?
Channel Infrastructure NZ's current Beta is 0.6497. Overall, Channel Infrastructure NZ has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Channel Infrastructure NZ's Beta compare to VLO and MPC?
Channel Infrastructure NZ's Beta of 0.6497 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Beta depends on the Oil & Gas 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 Channel Infrastructure NZ and its competitors. Channel Infrastructure NZ's current Beta is 0.6497. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Channel Infrastructure NZ stock overvalued right now?
Based on GuruFocus' analysis, Channel Infrastructure NZ (NZSE:CHI) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.83, compared to a current price of NZ$3.29 — trading 79.8% above its estimated fair value. The current Beta is 0.6497. Channel Infrastructure NZ's overall GF Score™ is 55/100 with 12 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 Channel Infrastructure NZ (NZSE:CHI), the current Beta is 0.6497 as of Jun. 27, 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 Channel Infrastructure NZ (NZSE:CHI) Overvalued in 2026?
Based on GuruFocus' analysis, Channel Infrastructure NZ stock appears to be overvalued.
The current stock price of NZ$3.29 is trading 79.8% above its estimated GF Value™ of NZ$1.83.
GuruFocus considers Channel Infrastructure NZ to be Significantly Overvalued.
Key valuation signals for NZSE:CHI:
Beta: 0.6497
GF Value™: NZ$1.83 vs. price of NZ$3.29 (79.8% above fair value)
No single metric tells the full story. See the NZSE:CHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers. The company operates in one reportable segment, Infrastructure, which comprises of fuels import terminal system (including jetty infrastructure at Marsden Point, storage tanks, and the Marsden Point to Auckland pipeline), the Wiri land and terminal leases, and the fuel testing laboratories.
55GF Score
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