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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-24), Nitto Fuji Flour Milling Co's Beta is -0.0438.
Nitto Fuji Flour Milling Co (TSE:2003) 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 Farm Products subindustry, Nitto Fuji Flour Milling 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.
Nitto Fuji Flour Milling Co Beta vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nitto Fuji Flour Milling Co's Beta distribution charts can be found below:
* The bar in red indicates where Nitto Fuji Flour Milling 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.
Nitto Fuji Flour Milling Co (TSE:2003) has a Beta of -0.0438 as of Jul. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Nitto Fuji Flour Milling Co and its competitors.
Is Nitto Fuji Flour Milling Co's Beta too high?
Nitto Fuji Flour Milling Co's current Beta is -0.0438. Overall, Nitto Fuji Flour Milling Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Fuji Flour Milling Co's Beta compare to ADM and BG?
Nitto Fuji Flour Milling Co's Beta of -0.0438 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Beta depends on the Consumer Packaged Goods 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 Nitto Fuji Flour Milling Co and its competitors. Nitto Fuji Flour Milling Co's current Beta is -0.0438. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Fuji Flour Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Fuji Flour Milling Co (TSE:2003) is currently considered Fairly Valued. The stock's GF Value™ is 円1,718.00, compared to a current price of 円1,821.00 — trading 6% above its estimated fair value. The current Beta is -0.0438. Nitto Fuji Flour Milling Co's overall GF Score™ is 72/100 with 8 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 Nitto Fuji Flour Milling Co (TSE:2003), the current Beta is -0.0438 as of Jul. 24, 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 Nitto Fuji Flour Milling Co (TSE:2003) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Fuji Flour Milling Co stock appears to be overvalued.
The current stock price of 円1,821.00 is trading 6% above its estimated GF Value™ of 円1,718.00.
GuruFocus considers Nitto Fuji Flour Milling Co to be Fairly Valued.
Key valuation signals for TSE:2003:
Beta: -0.0438
GF Value™: 円1,718.00 vs. price of 円1,821.00 (6% above fair value)
No single metric tells the full story. See the TSE:2003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Fuji Flour Milling Co Ltd is engaged in the manufacture and sale of wheat flour and bran. The company is also involved in warehousing business and designing and installation of machines and equipment.
72GF Score
Get the complete analysis for TSE:2003
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