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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-18), Triumph New Energy Co's Beta is 1.3611.
Triumph New Energy Co (SHSE:600876) 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 Building Materials subindustry, Triumph New Energy 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.
Triumph New Energy Co Beta vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Triumph New Energy Co's Beta distribution charts can be found below:
* The bar in red indicates where Triumph New Energy 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.
Triumph New Energy Co (SHSE:600876) has a Beta of 1.3611 as of Jul. 18, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Triumph New Energy Co and its competitors.
Is Triumph New Energy Co's Beta too high?
Triumph New Energy Co's current Beta is 1.3611. Overall, Triumph New Energy Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Triumph New Energy Co's Beta compare to CRH and VMC?
Triumph New Energy Co's Beta of 1.3611 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 Triumph New Energy Co and its competitors. Triumph New Energy Co's current Beta is 1.3611. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triumph New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Triumph New Energy Co (SHSE:600876) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.94, compared to a current price of ¥6.45 — trading 7.1% below its estimated fair value. The current Beta is 1.3611. Triumph New Energy Co's overall GF Score™ is 49/100 with 7 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 Triumph New Energy Co (SHSE:600876), the current Beta is 1.3611 as of Jul. 18, 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 Triumph New Energy Co (SHSE:600876) Overvalued in 2026?
Based on GuruFocus' analysis, Triumph New Energy Co stock appears to be undervalued.
The current stock price of ¥6.45 is trading 7.1% below its estimated GF Value™ of ¥6.94.
GuruFocus considers Triumph New Energy Co to be Fairly Valued.
Key valuation signals for SHSE:600876:
Beta: 1.3611
GF Value™: ¥6.94 vs. price of ¥6.45 (7.1% below fair value)
No single metric tells the full story. See the SHSE:600876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triumph New Energy Co Ltd is a glass manufacturing enterprise, which is mainly engaged in the production and sales of new energy glass and other functional glass. Its scope of business includes manufacturing and sales of photovoltaic equipment and components; manufacturing of glass; manufacturing of non-metallic mineral products; sales of non-metallic minerals and its products; manufacturing and sales of technical glass products; technical services for solar power generation; research and development of new materials technology and emerging energy technologies; manufacturing of machinery for the production of building materials; procurement and agency services; technical services, technical development, technical consultation, technical exchange, technology transfer, technology promotion.
49GF Score
Get the complete analysis for SHSE:600876
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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