Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Techtronic Industries Co's Beta is 1.3200.
Techtronic Industries Co (OTCPK:TTNDY) 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 Tools & Accessories subindustry, Techtronic Industries 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.
Techtronic Industries Co Beta vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Techtronic Industries Co's Beta distribution charts can be found below:
* The bar in red indicates where Techtronic Industries 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.
Techtronic Industries Co (TTNDY) has a Beta of 1.3200 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 Techtronic Industries Co and its competitors.
Is Techtronic Industries Co's Beta too high?
Techtronic Industries Co's current Beta is 1.3200. Overall, Techtronic Industries Co has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Techtronic Industries Co's Beta compare to SNA and RBC?
Techtronic Industries Co's Beta of 1.3200 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Beta depends on the Industrial Products 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 Techtronic Industries Co and its competitors. Techtronic Industries Co's current Beta is 1.3200. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techtronic Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Techtronic Industries Co (TTNDY) is currently considered Significantly Overvalued. The stock's GF Value™ is $62.15, compared to a current price of $81.79 — trading 31.6% above its estimated fair value. The current Beta is 1.3200. Techtronic Industries Co's overall GF Score™ is 92/100 with 5 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 Techtronic Industries Co (TTNDY), the current Beta is 1.3200 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 Techtronic Industries Co (TTNDY) Overvalued in 2026?
Based on GuruFocus' analysis, Techtronic Industries Co stock appears to be overvalued.
The current stock price of $81.79 is trading 31.6% above its estimated GF Value™ of $62.15.
GuruFocus considers Techtronic Industries Co to be Significantly Overvalued.
Key valuation signals for TTNDY:
Beta: 1.3200
GF Value™: $62.15 vs. price of $81.79 (31.6% above fair value)
No single metric tells the full story. See the TTNDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments, namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional, and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI, and HOMELITE brands, plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.
92GF Score
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