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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-11), Taiwan Surface Mounting Technology's Beta is 1.0261.
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)
Taiwan Surface Mounting Technology Beta Related Terms
Taiwan Surface Mounting Technology 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.
For the Semiconductors subindustry, Taiwan Surface Mounting Technology'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.
Taiwan Surface Mounting Technology Beta vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Taiwan Surface Mounting Technology's Beta distribution charts can be found below:
* The bar in red indicates where Taiwan Surface Mounting Technology'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.
Taiwan Surface Mounting Technology (TPE:6278) has a Beta of 1.0261 as of Aug. 11, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Taiwan Surface Mounting Technology and its competitors.
Is Taiwan Surface Mounting Technology's Beta too high?
Taiwan Surface Mounting Technology's current Beta is 1.0261. Overall, Taiwan Surface Mounting Technology has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Surface Mounting Technology's Beta compare to NVDA and AVGO?
Taiwan Surface Mounting Technology's Beta of 1.0261 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Beta depends on the Semiconductors 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 Taiwan Surface Mounting Technology and its competitors. Taiwan Surface Mounting Technology's current Beta is 1.0261. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Surface Mounting Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Surface Mounting Technology (TPE:6278) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$107.80, compared to a current price of NT$171.50 — trading 59.1% above its estimated fair value. The current Beta is 1.0261. Taiwan Surface Mounting Technology's overall GF Score™ is 79/100 with 2 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 Taiwan Surface Mounting Technology (TPE:6278), the current Beta is 1.0261 as of Aug. 11, 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 Taiwan Surface Mounting Technology (TPE:6278) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Surface Mounting Technology stock appears to be overvalued.
The current stock price of NT$171.50 is trading 59.1% above its estimated GF Value™ of NT$107.80.
GuruFocus considers Taiwan Surface Mounting Technology to be Significantly Overvalued.
Key valuation signals for TPE:6278:
Beta: 1.0261
GF Value™: NT$107.80 vs. price of NT$171.50 (59.1% above fair value)
No single metric tells the full story. See the TPE:6278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Surface Mounting Technology Corp is engaged in the design, processing, manufacturing, and trading of TFT-LCD panels, general electronic information products, and PCB surface-mount packaging. Its Surface Mounting Technology is widely used for IT and electronic products. The products provided include Control boards for TFT-LCD panels (TV/Desk Top/ Note books), other electronic products, and light bars.
79GF Score
Get the complete analysis for TPE:6278
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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