Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-01), China Nonferrous Mining's Beta is 0.8344.
China Nonferrous Mining (STU:3N4) 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 Copper subindustry, China Nonferrous Mining'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.
China Nonferrous Mining Beta vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, China Nonferrous Mining's Beta distribution charts can be found below:
* The bar in red indicates where China Nonferrous Mining'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.
China Nonferrous Mining (STU:3N4) has a Beta of 0.8344 as of Jul. 01, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Nonferrous Mining and its competitors.
Is China Nonferrous Mining's Beta too high?
China Nonferrous Mining's current Beta is 0.8344. Overall, China Nonferrous Mining has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Nonferrous Mining's Beta compare to SCCO and FCX?
China Nonferrous Mining's Beta of 0.8344 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Beta depends on the Metals & Mining 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 China Nonferrous Mining and its competitors. China Nonferrous Mining's current Beta is 0.8344. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Nonferrous Mining stock overvalued right now?
Based on GuruFocus' analysis, China Nonferrous Mining (STU:3N4) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.52, compared to a current price of €1.22 — trading 134.6% above its estimated fair value. The current Beta is 0.8344. China Nonferrous Mining's overall GF Score™ is 58/100 with 1 warning sign 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 China Nonferrous Mining (STU:3N4), the current Beta is 0.8344 as of Jul. 01, 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 China Nonferrous Mining (STU:3N4) Overvalued in 2026?
Based on GuruFocus' analysis, China Nonferrous Mining stock appears to be overvalued.
The current stock price of €1.22 is trading 134.6% above its estimated GF Value™ of €0.52.
GuruFocus considers China Nonferrous Mining to be Significantly Overvalued.
Key valuation signals for STU:3N4:
Beta: 0.8344
GF Value™: €0.52 vs. price of €1.22 (134.6% above fair value)
No single metric tells the full story. See the STU:3N4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Nonferrous Mining Corp Ltd is a Company with its subsidiaries are principally engaged in exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper and copper anodes, copper-cobalt alloy, cobaltous hydroxide and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.
58GF Score
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