Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Zumtobel Group AG's Beta is 0.4852.
Zumtobel Group AG (WBO:ZAG) 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)
Zumtobel Group AG Beta Related Terms
Zumtobel Group AG Beta Historical Data
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The historical data trend for Zumtobel Group AG'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.
For the Electrical Equipment & Parts subindustry, Zumtobel Group AG'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.
Zumtobel Group AG Beta vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zumtobel Group AG's Beta distribution charts can be found below:
* The bar in red indicates where Zumtobel Group AG'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.
Zumtobel Group AG (WBO:ZAG) has a Beta of 0.4852 as of Jun. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Zumtobel Group AG and its competitors.
Is Zumtobel Group AG's Beta too high?
Zumtobel Group AG's current Beta is 0.4852. Overall, Zumtobel Group AG has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zumtobel Group AG's Beta compare to VRT and BE?
Zumtobel Group AG's Beta of 0.4852 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 Zumtobel Group AG and its competitors. Zumtobel Group AG's current Beta is 0.4852. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zumtobel Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zumtobel Group AG (WBO:ZAG) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.45, compared to a current price of €3.99 — trading 10.3% below its estimated fair value. The current Beta is 0.4852. Zumtobel Group AG's overall GF Score™ is 62/100 with 6 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 Zumtobel Group AG (WBO:ZAG), the current Beta is 0.4852 as of Jun. 27, 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 Zumtobel Group AG (WBO:ZAG) Overvalued in 2026?
Based on GuruFocus' analysis, Zumtobel Group AG stock appears to be undervalued.
The current stock price of €3.99 is trading 10.3% below its estimated GF Value™ of €4.45.
GuruFocus considers Zumtobel Group AG to be Modestly Undervalued.
Key valuation signals for WBO:ZAG:
Beta: 0.4852
GF Value™: €4.45 vs. price of €3.99 (10.3% below fair value)
No single metric tells the full story. See the WBO:ZAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zumtobel Group AG supplies lighting solutions, lighting components, and associated services. The company also manufactures and hardware and software for lighting systems (LED light sources and LED drivers, sensors, and lighting management). It provides consultation on smart lighting controls and emergency lighting systems, light contracting, design services, and project management of turnkey lighting solutions, as well as new, data-based services focused on delivering connectivity for buildings and municipalities via the lighting infrastructure. The operating segments of the group are the Lighting segment and Components segment, of which a majority of revenue is generated from the Lighting segment, The group has a business presence all around the globe.
62GF Score
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