Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-08), Tycoons Group Enterprise Co's Beta is 0.1030.
Tycoons Group Enterprise Co (TPE:2022) 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 Tools & Accessories subindustry, Tycoons Group Enterprise 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.
Tycoons Group Enterprise Co Beta vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tycoons Group Enterprise Co's Beta distribution charts can be found below:
* The bar in red indicates where Tycoons Group Enterprise 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.
Tycoons Group Enterprise Co (TPE:2022) has a Beta of 0.1030 as of Jul. 08, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Tycoons Group Enterprise Co and its competitors.
Is Tycoons Group Enterprise Co's Beta too high?
Tycoons Group Enterprise Co's current Beta is 0.1030. Overall, Tycoons Group Enterprise Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tycoons Group Enterprise Co's Beta compare to SNA and RBC?
Tycoons Group Enterprise Co's Beta of 0.1030 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Beta depends on the Industrial Products 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 Tycoons Group Enterprise Co and its competitors. Tycoons Group Enterprise Co's current Beta is 0.1030. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tycoons Group Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Tycoons Group Enterprise Co (TPE:2022) is currently considered Possible Value Trap. The stock's GF Value™ is NT$11.61, compared to a current price of NT$8.04 — trading 30.7% below its estimated fair value. The current Beta is 0.1030. Tycoons Group Enterprise Co's overall GF Score™ is 60/100 with 6 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 Tycoons Group Enterprise Co (TPE:2022), the current Beta is 0.1030 as of Jul. 08, 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 Tycoons Group Enterprise Co (TPE:2022) Overvalued in 2026?
Based on GuruFocus' analysis, Tycoons Group Enterprise Co stock appears to be undervalued.
The current stock price of NT$8.04 is trading 30.7% below its estimated GF Value™ of NT$11.61.
GuruFocus considers Tycoons Group Enterprise Co to be Possible Value Trap.
Key valuation signals for TPE:2022:
Beta: 0.1030
GF Value™: NT$11.61 vs. price of NT$8.04 (30.7% below fair value)
No single metric tells the full story. See the TPE:2022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tycoons Group Enterprise Co Ltd is principally engaged in the manufacture, processing, and sales of wire rods and screws. The main business is to produce, process, commerce, export, or lease screws, screw nuts, washers, steel threads, heat-processing of metal-blazed, mechanical parts, press-modeling machines, as well as heat-processing equipment, and to manufacture, process, and export various metal-models, and general international trade business.
60GF Score
Get the complete analysis for TPE:2022
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