Enthusiast Gaming Holdings (TSX:EGLX) Beta: 1.5067 (As of Jul. 13, 2026)

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What is Enthusiast Gaming Holdings Beta?

Enthusiast Gaming Holdings TSX:EGLX -14.29% Beta is 1.5067 as of Jul. 13, 2026. The stock has 6 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-13), Enthusiast Gaming Holdings's Beta is 1.5067.

Enthusiast Gaming Holdings  (TSX:EGLX) 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)

Enthusiast Gaming Holdings Beta Related Terms

Enthusiast Gaming Holdings Beta Historical Data

* Premium members only.

The historical data trend for Enthusiast Gaming Holdings'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.

Enthusiast Gaming Holdings Beta Chart

Enthusiast Gaming Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial 1.65 1.17 1.47 1.89 2.32

Enthusiast Gaming Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.06 2.37 1.92 2.32 1.00

TSX:EGLX vs GOOGL, META, SPOT: Beta Comparison

For the Internet Content & Information subindustry, Enthusiast Gaming Holdings'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.

Enthusiast Gaming Holdings Beta vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Enthusiast Gaming Holdings's Beta distribution charts can be found below:

* The bar in red indicates where Enthusiast Gaming Holdings's Beta falls into.


Enthusiast Gaming Holdings 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 1.5067 mean?
Enthusiast Gaming Holdings (TSX:EGLX) has a Beta of 1.5067 as of Jul. 13, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Enthusiast Gaming Holdings and its competitors.
Is Enthusiast Gaming Holdings' Beta too high?
Enthusiast Gaming Holdings' current Beta is 1.5067.
How does Enthusiast Gaming Holdings' Beta compare to GOOGL and META?
Enthusiast Gaming Holdings' Beta of 1.5067 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Beta depends on the Interactive Media 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 Enthusiast Gaming Holdings and its competitors. Enthusiast Gaming Holdings's current Beta is 1.5067. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enthusiast Gaming Holdings stock overvalued right now?
Based on GuruFocus' analysis, Enthusiast Gaming Holdings (TSX:EGLX) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.05, compared to a current price of C$0.06 — trading 20% above its estimated fair value. The current Beta is 1.5067. 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 Enthusiast Gaming Holdings (TSX:EGLX), the current Beta is 1.5067 as of Jul. 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.

Enthusiast Gaming Holdings Business Description

Other Exchanges EGLXF:USA2AV:Germany
Address 2 St. Clair West, Suite 1000, Toronto, ON, CAN, M4V 1L5
Enthusiast Gaming Holdings Inc operates in the digital media products and events industry segment. The company's principal business activities include media and content, events and subscriptions. Its digital media platform is centered around a portfolio of flagship video gaming related products, including owned and operated websites and casual games, through which the company derives its media and content revenue. The company's events business is comprised of Pocket Gamer Connects, a mobile gaming events series. Its subscription revenue includes owned and operated video gaming related products such as The Sims Resource. The company operates in four geographic locations, namely the USA, England and Wales, Canada and all other countries, with the maximum revenue derived from the USA.