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Bilia AB (OSTO:BILI A) Beta : 1.25 (As of Dec. 12, 2024)


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What is Bilia AB Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-12), Bilia AB's Beta is 1.25.


Bilia AB Beta Historical Data

The historical data trend for Bilia AB'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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Bilia AB Beta Chart

Bilia AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Bilia AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Bilia AB's Beta

For the Auto & Truck Dealerships subindustry, Bilia AB'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.


Bilia AB's Beta Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bilia AB's Beta distribution charts can be found below:

* The bar in red indicates where Bilia AB's Beta falls into.



Bilia AB 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.


Bilia AB  (OSTO:BILI A) 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)


Bilia AB Beta Related Terms

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Bilia AB Business Description

Traded in Other Exchanges
Address
Norra Langebergsgatan 3, Vastra Frolunda, Box 9003, Gothenburg, SWE, SE-400 91
Bilia AB is a Scandinavian car retail company. The company is split into three business segments: Service, Car, and Fuel. The Car segment, which offers both new and used cars and transport vehicles, generates the majority of the company's revenue. Its lineup of car brands focuses on the medium price range of automobiles. The Sevice segment is composed of service and damage centers, spare parts, car washes, tyre and glass centers, and other accessory services. The Fuel segment includes fuel sales in Sweden. The company's geographical segments include Sweden, Norway, Germany, Luxembourg, and Belgium.

Bilia AB Headlines

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