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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-04), Zhangjiagang Guangda Special Material Co's Beta is 1.6362.
Zhangjiagang Guangda Special Material Co (SHSE:688186) 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)
Zhangjiagang Guangda Special Material Co Beta Related Terms
Zhangjiagang Guangda Special Material Co Beta Historical Data
* 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.
Zhangjiagang Guangda Special Material Co Beta Chart
Zhangjiagang Guangda Special Material Co Annual Data
* 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.
Zhangjiagang Guangda Special Material Co Beta vs Steel Industry
Zhangjiagang Guangda Special Material Co 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.
Zhangjiagang Guangda Special Material Co (SHSE:688186) has a Beta of 1.6362 as of Sep. 04, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Zhangjiagang Guangda Special Material Co and its competitors.
Is Zhangjiagang Guangda Special Material Co's Beta too high?
Zhangjiagang Guangda Special Material Co's current Beta is 1.6362. Overall, Zhangjiagang Guangda Special Material Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhangjiagang Guangda Special Material Co's Beta compare to NUE and STLD?
Zhangjiagang Guangda Special Material Co's Beta of 1.6362 can be compared against companies in the Steel 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 Steel company?
A good Beta depends on the Steel 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 Zhangjiagang Guangda Special Material Co and its competitors. Zhangjiagang Guangda Special Material Co's current Beta is 1.6362. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhangjiagang Guangda Special Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhangjiagang Guangda Special Material Co (SHSE:688186) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.14, compared to a current price of ¥13.96 — trading 18.6% below its estimated fair value. The current Beta is 1.6362. Zhangjiagang Guangda Special Material Co's overall GF Score™ is 77/100 with 12 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 Zhangjiagang Guangda Special Material Co (SHSE:688186), the current Beta is 1.6362 as of Sep. 04, 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 Zhangjiagang Guangda Special Material Co (SHSE:688186) Overvalued in 2026?
Based on GuruFocus' analysis, Zhangjiagang Guangda Special Material Co stock appears to be undervalued.
The current stock price of ¥13.96 is trading 18.6% below its estimated GF Value™ of ¥17.14.
GuruFocus considers Zhangjiagang Guangda Special Material Co to be Modestly Undervalued.
Key valuation signals for SHSE:688186:
Beta: 1.6362
GF Value™: ¥17.14 vs. price of ¥13.96 (18.6% below fair value)
No single metric tells the full story. See the SHSE:688186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
77GF Score
Get the complete analysis for SHSE:688186
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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