International Cement Group (SGX:KUO) Beta: 2.4176 (As of Sep. 10, 2026)

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What is International Cement Group Beta?

International Cement Group SGX:KUO +3.13% Beta is 2.4176 as of Sep. 10, 2026. The stock has 4 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-10), International Cement Group's Beta is 2.4176.

International Cement Group  (SGX:KUO) 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)

International Cement Group Beta Related Terms

International Cement Group Beta Historical Data

* Premium members only.

The historical data trend for International Cement Group'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.

International Cement Group Beta Chart

International Cement Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.65 0.03 0.35 1.80

International Cement Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.35 0.78 1.80 2.34

SGX:KUO vs CRH, MLM, VMC: Beta Comparison

For the Building Materials subindustry, International Cement Group'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.

International Cement Group Beta vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, International Cement Group's Beta distribution charts can be found below:

* The bar in red indicates where International Cement Group's Beta falls into.


International Cement Group 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 2.4176 mean?
International Cement Group (SGX:KUO) has a Beta of 2.4176 as of Sep. 10, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for International Cement Group and its competitors.
Is International Cement Group's Beta too high?
International Cement Group's current Beta is 2.4176.
How does International Cement Group's Beta compare to CRH and MLM?
International Cement Group's Beta of 2.4176 can be compared against companies in the Building Materials 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 Building Materials company?
A good Beta depends on the Building Materials 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 International Cement Group and its competitors. International Cement Group's current Beta is 2.4176. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Cement Group stock overvalued right now?
Based on GuruFocus' analysis, International Cement Group (SGX:KUO) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.07 — trading 65% above its estimated fair value. The current Beta is 2.4176. 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 International Cement Group (SGX:KUO), the current Beta is 2.4176 as of Sep. 10, 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.

International Cement Group Business Description

Address 100 Tras Street, 18th floor, Unit 01, Singapore, SGP, 079027
International Cement Group Ltd along with its subsidiaries is engaged in the production, sale, and distribution of cement, gypsum plasterboards, and related products in the Central Asia region. The company's reportable segments are: Aluminium, Cement, and other operations. The Aluminium division is engaged in undertaking of aluminium architectural contracts and engineering works and subcontracting of building construction projects, manufacture of aluminium extrusions and supply of all such related products; and the Cement division, which generates key revenue, is engaged in production, sale and distribution of Cement. Other operations mainly relates to production, sales and distribution of gypsum plasterboards and related products.