Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Triple Flag Precious Metals's Beta is 0.0028.
Triple Flag Precious Metals (TSX:TFPM.U) 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 Other Precious Metals & Mining subindustry, Triple Flag Precious Metals'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.
Triple Flag Precious Metals Beta vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Triple Flag Precious Metals's Beta distribution charts can be found below:
* The bar in red indicates where Triple Flag Precious Metals'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.
Triple Flag Precious Metals (TSX:TFPM.U) has a Beta of 0.0028 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Triple Flag Precious Metals and its competitors.
Is Triple Flag Precious Metals' Beta too high?
Triple Flag Precious Metals' current Beta is 0.0028. Overall, Triple Flag Precious Metals has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Triple Flag Precious Metals' Beta compare to HL?
Triple Flag Precious Metals' Beta of 0.0028 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Beta depends on the Metals & Mining 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 Triple Flag Precious Metals and its competitors. Triple Flag Precious Metals's current Beta is 0.0028. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple Flag Precious Metals stock overvalued right now?
Triple Flag Precious Metals (TSX:TFPM.U) has a current Beta of 0.0028. The stock's GF Value™ is $15.08, compared to a current price of $12.56 — trading 16.7% below its estimated fair value. The current Beta is 0.0028. Triple Flag Precious Metals' overall GF Score™ is 95/100. 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 Triple Flag Precious Metals (TSX:TFPM.U), the current Beta is 0.0028 as of Jun. 25, 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 Triple Flag Precious Metals (TSX:TFPM.U) Overvalued in 2026?
Based on GuruFocus' analysis, Triple Flag Precious Metals stock appears to be undervalued.
The current stock price of $12.56 is trading 16.7% below its estimated GF Value™ of $15.08.
Key valuation signals for TSX:TFPM.U:
Beta: 0.0028
GF Value™: $15.08 vs. price of $12.56 (16.7% below fair value)
No single metric tells the full story. See the TSX:TFPM.U stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triple Flag Precious Metals Corp is a streaming and royalty company focused on precious metals. Its revenues are largely generated from a diversified portfolio of properties in Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. Its diversified portfolio of streams and royalties comprises long-life mining assets, including the Northparkes copper-gold mine in Australia, the Cerro Lindo polymetallic mine in Peru, the Fosterville gold mine in Australia, the Buritica gold mine in Colombia, and the Impala Bafokeng Operations in South Africa among others. A majority of its revenue is derived through its interests in various gold streams. Geographically, the company derives maximum revenue from Australia, followed by Peru and other regions.
95GF Score
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