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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-09), Saudi Basic Industries's Beta is 0.9911.
Saudi Basic Industries (SAU:2010) 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 Chemicals subindustry, Saudi Basic Industries'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.
Saudi Basic Industries Beta vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Saudi Basic Industries's Beta distribution charts can be found below:
* The bar in red indicates where Saudi Basic Industries'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.
Saudi Basic Industries (SAU:2010) has a Beta of 0.9911 as of Aug. 09, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Saudi Basic Industries and its competitors.
Is Saudi Basic Industries' Beta too high?
Saudi Basic Industries' current Beta is 0.9911. Overall, Saudi Basic Industries has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Basic Industries' Beta compare to DOW?
Saudi Basic Industries' Beta of 0.9911 can be compared against companies in the Chemicals 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 Chemicals company?
A good Beta depends on the Chemicals 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 Saudi Basic Industries and its competitors. Saudi Basic Industries's current Beta is 0.9911. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Basic Industries stock overvalued right now?
Based on GuruFocus' analysis, Saudi Basic Industries (SAU:2010) is currently considered Fairly Valued. The stock's GF Value™ is ﷼52.86, compared to a current price of ﷼50.55 — trading 4.4% below its estimated fair value. The current Beta is 0.9911. Saudi Basic Industries' overall GF Score™ is 63/100 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 Saudi Basic Industries (SAU:2010), the current Beta is 0.9911 as of Aug. 09, 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 Saudi Basic Industries (SAU:2010) Overvalued in 2026?
Based on GuruFocus' analysis, Saudi Basic Industries stock appears to be undervalued.
The current stock price of ﷼50.55 is trading 4.4% below its estimated GF Value™ of ﷼52.86.
GuruFocus considers Saudi Basic Industries to be Fairly Valued.
Key valuation signals for SAU:2010:
Beta: 0.9911
GF Value™: ﷼52.86 vs. price of ﷼50.55 (4.4% below fair value)
No single metric tells the full story. See the SAU:2010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saudi Basic Industries Corp is a chemicals manufacturer in Saudi Arabia. The primary business segments of the company are Petrochemicals and Agri-nutrients. In Petrochemicals segment products included polymers and chemicals are produced from hydrocarbon feedstock including methane, ethane, and propane, it also includes the production of a range of fertilisers; including urea, ammonia, phosphate, as well as compound fertilisers. The Hadeed is concerned with production of steel products, long products and flat products. The company derives maximum revenue from Petrochemicals segment. Geographically, it generates maximum revenue from Rest of Asia followed by China, KSA, America and Europe.
63GF Score
Get the complete analysis for SAU:2010
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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