Metronic Global Bhd (XKLS:0043) Beta: -3.0382 (As of Jun. 26, 2026)


What is Metronic Global Bhd Beta?

Metronic Global Bhd XKLS:0043 Beta is -3.0382 as of Jun. 26, 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 (2026-06-26), Metronic Global Bhd's Beta is -3.0382.

Metronic Global Bhd  (XKLS:0043) 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)

Metronic Global Bhd Beta Related Terms

Metronic Global Bhd Beta Historical Data

* Premium members only.

The historical data trend for Metronic Global 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.

Metronic Global Bhd Beta Chart

Metronic Global Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23 Oct25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.97 2.84 3.48 0.50

Metronic Global Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Jan25 Apr25 Jul25 Oct25 Jan26
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 1.59 1.85 2.66 0.50 -0.42

XKLS:0043 vs IBM, ACN, FISV: Beta Comparison

For the Information Technology Services subindustry, Metronic Global 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.

Metronic Global Bhd Beta vs Software Industry

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

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


Metronic Global 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 -3.0382 mean?
Metronic Global Bhd (XKLS:0043) has a Beta of -3.0382 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Metronic Global Bhd and its competitors.
Is Metronic Global Bhd's Beta too high?
Metronic Global Bhd's current Beta is -3.0382.
How does Metronic Global Bhd's Beta compare to IBM and ACN?
Metronic Global Bhd's Beta of -3.0382 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 Metronic Global Bhd and its competitors. Metronic Global Bhd's current Beta is -3.0382. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metronic Global Bhd stock overvalued right now?
Metronic Global Bhd (XKLS:0043) has a current Beta of -3.0382. The current Beta is -3.0382. 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 Metronic Global Bhd (XKLS:0043), the current Beta is -3.0382 as of Jun. 26, 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.

Metronic Global Bhd Business Description

Address No. 2, Jalan Astaka U8/83, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
Metronic Global Bhd is opertes in engineering services industry. Its is specializes in design, supply, install, testing and commissioning, and service and maintenance of Integrated Building Management System (IBMS), Building Management System (BMS), Energy Management System (EMS), Security System (Card Access, CCTV System, Guard Tour and Car Parking System), Information and Communication Technology System (ICT), Extra Low Voltage System (ELV) and Integrated Security Management System (''ISMS''). The Group's geographical segments are divided into two categories: Malaysia and Overseas. key revenue is generated from Malaysia.