Digistar Bhd (XKLS:0029) Beta: 0.2209 (As of Jul. 05, 2026)


What is Digistar Bhd Beta?

Digistar Bhd XKLS:0029 Beta is 0.2209 as of Jul. 05, 2026. The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-05), Digistar Bhd's Beta is 0.2209.

Digistar Bhd  (XKLS:0029) 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)

Digistar Bhd Beta Related Terms

Digistar Bhd Beta Historical Data

* Premium members only.

The historical data trend for Digistar 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.

Digistar Bhd Beta Chart

Digistar Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 2.34 0.93 0.77 0.24

Digistar Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.15 0.28 0.24 0.22 0.35

XKLS:0029 vs HON, MMM: Beta Comparison

For the Conglomerates subindustry, Digistar 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.

Digistar Bhd Beta vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digistar Bhd's Beta distribution charts can be found below:

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


Digistar 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 0.2209 mean?
Digistar Bhd (XKLS:0029) has a Beta of 0.2209 as of Jul. 05, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Digistar Bhd and its competitors.
Is Digistar Bhd's Beta too high?
Digistar Bhd's current Beta is 0.2209.
How does Digistar Bhd's Beta compare to HON and MMM?
Digistar Bhd's Beta of 0.2209 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Beta depends on the Conglomerates 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 Digistar Bhd and its competitors. Digistar Bhd's current Beta is 0.2209. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digistar Bhd stock overvalued right now?
Based on GuruFocus' analysis, Digistar Bhd (XKLS:0029) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.04 — trading 20% below its estimated fair value. The current Beta is 0.2209. 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 Digistar Bhd (XKLS:0029), the current Beta is 0.2209 as of Jul. 05, 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.

Digistar Bhd Business Description

Address Jalan Ampang Utama 1/2, B6/4/4, 3rd Floor, One Ampang Business Avenue, Ampang, SGR, MYS, 68000
Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental and hotel segment, Concession segment, and Property development segment. The company generates the majority of its revenue from the Concession segment. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities and Infrastructure for JKR Training Institute and to carry out the Asset Management Services. It operates in a single geographical segment, which is Malaysia.