Hydraulic Elements and Systems AD (XBUL:HES) Beta: N/A (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBUL:HES Hydraulic Elements and Systems AD XBUL:HES
64 GF Score
Price €2.70
GF Value €5.59
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Hydraulic Elements and Systems AD Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-20), Hydraulic Elements and Systems AD's Beta is Not available.

Hydraulic Elements and Systems AD  (XBUL:HES) 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)

Hydraulic Elements and Systems AD Beta Related Terms

Hydraulic Elements and Systems AD Beta Historical Data

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The historical data trend for Hydraulic Elements and Systems AD'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.

Hydraulic Elements and Systems AD Beta Chart

Hydraulic Elements and Systems AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hydraulic Elements and Systems AD Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.00 0.00 0.00 0.00 0.00
XBUL:HES
64GF Score
Hydraulic Elements and Systems AD XBUL:HES
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Hydraulic Elements and Systems AD 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.

Is Hydraulic Elements and Systems AD (XBUL:HES) Overvalued in 2026?

Based on GuruFocus' analysis, Hydraulic Elements and Systems AD stock appears to be undervalued. The current stock price of €2.70 is trading 51.7% below its estimated GF Value™ of €5.59. GuruFocus considers Hydraulic Elements and Systems AD to be Significantly Undervalued.

Key valuation signals for XBUL:HES:

  • Beta: N/A
  • GF Value™: €5.59 vs. price of €2.70 (51.7% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the XBUL:HES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hydraulic Elements and Systems AD Business Description

Address 1 Pirin Street, Yambol, BGR, 8600
Hydraulic Elements and Systems AD is a manufacturer of hydraulic machines & equipment. The Company designs, manufactures and services hydraulic cylinders, single-acting and double-acting piston cylinders.
64GF Score

Get the complete analysis for XBUL:HES

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.70
Price
€5.59
GF Value