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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-13), Techno Mathematical Co's Beta is -0.0889.
Techno Mathematical Co (TSE:3787) 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 Software - Application subindustry, Techno Mathematical 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.
Techno Mathematical Co Beta vs Software Industry
For the Software industry and Technology sector, Techno Mathematical Co's Beta distribution charts can be found below:
* The bar in red indicates where Techno Mathematical 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.
Techno Mathematical Co (TSE:3787) has a Beta of -0.0889 as of Aug. 13, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Techno Mathematical Co and its competitors.
Is Techno Mathematical Co's Beta too high?
Techno Mathematical Co's current Beta is -0.0889. Overall, Techno Mathematical Co has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techno Mathematical Co's Beta compare to QH and SHOP?
Techno Mathematical Co's Beta of -0.0889 can be compared against companies in the Software 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 Software company?
A good Beta depends on the Software 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 Techno Mathematical Co and its competitors. Techno Mathematical Co's current Beta is -0.0889. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Mathematical Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Mathematical Co (TSE:3787) is currently considered Significantly Undervalued. The stock's GF Value™ is 円780.85, compared to a current price of 円291.00 — trading 62.7% below its estimated fair value. The current Beta is -0.0889. Techno Mathematical Co's overall GF Score™ is 47/100 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 Techno Mathematical Co (TSE:3787), the current Beta is -0.0889 as of Aug. 13, 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 Techno Mathematical Co (TSE:3787) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Mathematical Co stock appears to be undervalued.
The current stock price of 円291.00 is trading 62.7% below its estimated GF Value™ of 円780.85.
GuruFocus considers Techno Mathematical Co to be Significantly Undervalued.
Key valuation signals for TSE:3787:
Beta: -0.0889
GF Value™: 円780.85 vs. price of 円291.00 (62.7% below fair value)
No single metric tells the full story. See the TSE:3787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Mathematical Co Ltd is a Japan-based company engaged in the development and sale of software and hardware related products. The company provides various kinds of machines to make images, audio, and voice-related software intellectual property development. It offers varieties of products and services, of apparatus, noise reduction, still pictures, one-seg, multimedia broadcasting, window media, low latency and others.
47GF Score
Get the complete analysis for TSE:3787
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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