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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-21), Macnica Galaxy's Beta is 0.1019.
Macnica Galaxy (ROCO:6227) 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)
Macnica Galaxy Beta Related Terms
Macnica Galaxy Beta Historical Data
* Premium members only.
The historical data trend for Macnica Galaxy'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.
For the Electronics & Computer Distribution subindustry, Macnica Galaxy'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.
Macnica Galaxy Beta vs Hardware Industry
For the Hardware industry and Technology sector, Macnica Galaxy's Beta distribution charts can be found below:
* The bar in red indicates where Macnica Galaxy'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.
Macnica Galaxy (ROCO:6227) has a Beta of 0.1019 as of Jul. 21, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Macnica Galaxy and its competitors.
Is Macnica Galaxy's Beta too high?
Macnica Galaxy's current Beta is 0.1019. Overall, Macnica Galaxy has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macnica Galaxy's Beta compare to SNX and ARW?
Macnica Galaxy's Beta of 0.1019 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 Macnica Galaxy and its competitors. Macnica Galaxy's current Beta is 0.1019. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Galaxy stock overvalued right now?
Based on GuruFocus' analysis, Macnica Galaxy (ROCO:6227) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$96.70, compared to a current price of NT$107.50 — trading 11.2% above its estimated fair value. The current Beta is 0.1019. Macnica Galaxy's overall GF Score™ is 89/100. 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 Macnica Galaxy (ROCO:6227), the current Beta is 0.1019 as of Jul. 21, 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 Macnica Galaxy (ROCO:6227) Overvalued in 2026?
Based on GuruFocus' analysis, Macnica Galaxy stock appears to be overvalued.
The current stock price of NT$107.50 is trading 11.2% above its estimated GF Value™ of NT$96.70.
GuruFocus considers Macnica Galaxy to be Modestly Overvalued.
Key valuation signals for ROCO:6227:
Beta: 0.1019
GF Value™: NT$96.70 vs. price of NT$107.50 (11.2% above fair value)
No single metric tells the full story. See the ROCO:6227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macnica Galaxy Inc operates as a distributor of IC products in Taiwan. It offers products under the brands such as Altair, Averlogic, Chipone (iML), Cypress, Dialog semiconductor, Everspin, FTDI Chip, Genesys Logic and others. The company ahs two segments: Macnica Galaxy Inc segment is responsible for engaging in the agency trading and technical services of semiconductor electronic components; and Macnica Galaxy International segment is responsible for the import and export trade of electronic and electrical components and finished products. It derives maximum revenue from Macnica Galaxy Inc segment.
89GF Score
Get the complete analysis for ROCO:6227
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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