McMillan Shakespeare (STU:NMN) Beta: N/A (As of Aug. 11, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:NMN McMillan Shakespeare Ltd STU:NMN
57 GF Score
Price €12.30
GF Value €10.83
Valuation Modestly Overvalued
! 13 Warning Signs
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What is McMillan Shakespeare Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-11), McMillan Shakespeare's Beta is Not available.

McMillan Shakespeare  (STU:NMN) 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)

McMillan Shakespeare Beta Related Terms

McMillan Shakespeare Beta Historical Data

* Premium members only.

The historical data trend for McMillan Shakespeare'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.

McMillan Shakespeare Beta Chart

McMillan Shakespeare Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

McMillan Shakespeare Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only 0.00 0.00 0.00 0.00 0.00
STU:NMN
57GF Score
McMillan Shakespeare Ltd STU:NMN
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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McMillan Shakespeare 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.

Is McMillan Shakespeare (STU:NMN) Overvalued in 2026?

Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be overvalued. The current stock price of €12.30 is trading 13.6% above its estimated GF Value™ of €10.83. GuruFocus considers McMillan Shakespeare to be Modestly Overvalued.

Key valuation signals for STU:NMN:

  • Beta: N/A
  • GF Value™: €10.83 vs. price of €12.30 (13.6% above fair value)
  • GF Score™: 57/100 with 13 warning signs

No single metric tells the full story. See the STU:NMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

McMillan Shakespeare Business Description

Other Exchanges NMN:GermanyMMS:Australia
Address 360 Elizabeth Street, Level 21, The Tower, Melbourne Central, Melbourne, VIC, AUS, 3000
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
57GF Score

Get the complete analysis for STU:NMN

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.30
Price
€10.83
GF Value