Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), New Zealand Kinglmon Investments's Beta is 0.7585.
New Zealand Kinglmon Investments (NZSE:NZK) 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)
New Zealand Kinglmon Investments Beta Related Terms
New Zealand Kinglmon Investments Beta Historical Data
* 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 Farm Products subindustry, New Zealand Kinglmon Investments'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.
New Zealand Kinglmon Investments Beta vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, New Zealand Kinglmon Investments's Beta distribution charts can be found below:
* The bar in red indicates where New Zealand Kinglmon Investments'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.
New Zealand Kinglmon Investments (NZSE:NZK) has a Beta of 0.7585 as of Jun. 30, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for New Zealand Kinglmon Investments and its competitors.
Is New Zealand Kinglmon Investments' Beta too high?
New Zealand Kinglmon Investments' current Beta is 0.7585. Overall, New Zealand Kinglmon Investments has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Zealand Kinglmon Investments' Beta compare to ADM and BG?
New Zealand Kinglmon Investments' Beta of 0.7585 can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Beta depends on the Consumer Packaged Goods 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 New Zealand Kinglmon Investments and its competitors. New Zealand Kinglmon Investments's current Beta is 0.7585. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Zealand Kinglmon Investments stock overvalued right now?
Based on GuruFocus' analysis, New Zealand Kinglmon Investments (NZSE:NZK) is currently considered Fairly Valued. The stock's GF Value™ is NZ$0.24, compared to a current price of NZ$0.24 — trading 2.1% below its estimated fair value. The current Beta is 0.7585. New Zealand Kinglmon Investments' overall GF Score™ is 60/100 with 5 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 New Zealand Kinglmon Investments (NZSE:NZK), the current Beta is 0.7585 as of Jun. 30, 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 New Zealand Kinglmon Investments (NZSE:NZK) Overvalued in 2026?
Based on GuruFocus' analysis, New Zealand Kinglmon Investments stock appears to be undervalued.
The current stock price of NZ$0.24 is trading 2.1% below its estimated GF Value™ of NZ$0.24.
GuruFocus considers New Zealand Kinglmon Investments to be Fairly Valued.
Key valuation signals for NZSE:NZK:
Beta: 0.7585
GF Value™: NZ$0.24 vs. price of NZ$0.24 (2.1% below fair value)
No single metric tells the full story. See the NZSE:NZK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Zealand Kinglmon Investments Business Description
New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish, Fillets, Steaks & Portions, wood-roasted, cold-smoked, and Others. Geographically, the company generates the majority of its revenue from North America and the rest from Australia, Japan, China, Europe, New Zealand, and other regions.
60GF Score
Get the complete analysis for NZSE:NZK
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NZSE:NZK has been successfully added to your 
