NetX Holdings Bhd (XKLS:0020) Beta: -0.5398 (As of Jun. 25, 2026)


What is NetX Holdings Bhd Beta?

NetX Holdings Bhd XKLS:0020 Beta is -0.5398 as of Jun. 25, 2026. The stock has 7 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), NetX Holdings Bhd's Beta is -0.5398.

NetX Holdings Bhd  (XKLS:0020) 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)

NetX Holdings Bhd Beta Related Terms

NetX Holdings Bhd Beta Historical Data

* Premium members only.

The historical data trend for NetX Holdings Bhd'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.

NetX Holdings Bhd Beta Chart

NetX Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 3.02 1.29 0.60 -0.25

NetX Holdings Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.79 0.54 0.18 -0.25 0.13

XKLS:0020 vs IBM, ACN, FISV: Beta Comparison

For the Information Technology Services subindustry, NetX Holdings Bhd'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.

NetX Holdings Bhd Beta vs Software Industry

For the Software industry and Technology sector, NetX Holdings Bhd's Beta distribution charts can be found below:

* The bar in red indicates where NetX Holdings Bhd's Beta falls into.


NetX Holdings Bhd 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 -0.5398 mean?
NetX Holdings Bhd (XKLS:0020) has a Beta of -0.5398 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 NetX Holdings Bhd and its competitors.
Is NetX Holdings Bhd's Beta too high?
NetX Holdings Bhd's current Beta is -0.5398.
How does NetX Holdings Bhd's Beta compare to IBM and ACN?
NetX Holdings Bhd's Beta of -0.5398 can be compared against companies in the Software 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 Software company?
A good Beta depends on the Software 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 NetX Holdings Bhd and its competitors. NetX Holdings Bhd's current Beta is -0.5398. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetX Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, NetX Holdings Bhd (XKLS:0020) is currently considered Fairly Valued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.05 — trading right at its estimated fair value. The current Beta is -0.5398. 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 NetX Holdings Bhd (XKLS:0020), the current Beta is -0.5398 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.

NetX Holdings Bhd Business Description

Address Sunsuria Avenue, 1-G, Street Wing, Persiaran Mahogani, Kota Damansara, PJU 5, Petaling Jaya, SGR, MYS, 47810
NetX Holdings Bhd is an investment holding company. The Group operates in five different business segments according to the nature of activities of its subsidiaries, namely Nonpayment & IT Network services, Electronic Payment services, GEM, Money Lending, and Property Investment. The majority of its revenue is from Electronic Payment services: Involved in the provision of payment terminal and payment solutions, money exchange services, and its related software licensing and services. Geographically, operates in Malaysia and Hong Kong.