Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Oki Electric Industry Co's Beta is -0.2184.
Oki Electric Industry Co (OTCPK:OKIEY) 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)
* 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 Communication Equipment subindustry, Oki Electric Industry Co'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.
Oki Electric Industry Co Beta vs Hardware Industry
For the Hardware industry and Technology sector, Oki Electric Industry Co's Beta distribution charts can be found below:
* The bar in red indicates where Oki Electric Industry Co'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.
Oki Electric Industry Co (OKIEY) has a Beta of -0.2184 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Oki Electric Industry Co and its competitors.
Is Oki Electric Industry Co's Beta too high?
Oki Electric Industry Co's current Beta is -0.2184. Overall, Oki Electric Industry Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oki Electric Industry Co's Beta compare to CSCO and CIEN?
Oki Electric Industry Co's Beta of -0.2184 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Oki Electric Industry Co and its competitors. Oki Electric Industry Co's current Beta is -0.2184. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oki Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Oki Electric Industry Co (OKIEY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.21, compared to a current price of $21.18 — trading 193.7% above its estimated fair value. The current Beta is -0.2184. Oki Electric Industry Co's overall GF Score™ is 60/100 with 8 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 Oki Electric Industry Co (OKIEY), the current Beta is -0.2184 as of Jun. 26, 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 Oki Electric Industry Co (OKIEY) Overvalued in 2026?
Based on GuruFocus' analysis, Oki Electric Industry Co stock appears to be overvalued.
The current stock price of $21.18 is trading 193.7% above its estimated GF Value™ of $7.21.
GuruFocus considers Oki Electric Industry Co to be Significantly Overvalued.
Key valuation signals for OKIEY:
Beta: -0.2184
GF Value™: $7.21 vs. price of $21.18 (193.7% above fair value)
No single metric tells the full story. See the OKIEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oki Electric Industry Co Ltd is a Japanese manufacturer of telecommunications and printer products to telecommunication carriers, financial institutions, government agencies, and corporations. Its business is organized by product line into: information and communication technology, including traffic infrastructure-, disaster-, and self defense-related systems; mechatronics systems, including ATMs, cash handling equipment, and bank branch terminals; printers, including color printers, wide-format inkjets, and multifunction printers; and electronics manufacturing services for industrial, medical, and communications equipment.
60GF Score
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