Nexgram Holdings Bhd (XKLS:0096) Beta: -2.4590 (As of Jul. 04, 2026)


What is Nexgram Holdings Bhd Beta?

Nexgram Holdings Bhd XKLS:0096 +11.11% Beta is -2.4590 as of Jul. 04, 2026. The stock has 8 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-04), Nexgram Holdings Bhd's Beta is -2.4590.

Nexgram Holdings Bhd  (XKLS:0096) 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)

Nexgram Holdings Bhd Beta Related Terms

Nexgram Holdings Bhd Beta Historical Data

* Premium members only.

The historical data trend for Nexgram 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.

Nexgram Holdings Bhd Beta Chart

Nexgram Holdings Bhd Annual Data
Trend Apr13 Apr14 Apr15 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 4.41 4.91 2.21 0.88

Nexgram Holdings Bhd Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Apr24 Jul24 Oct24 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 0.03 0.48 1.26 -0.22 -0.65

XKLS:0096 vs GWW, FAST, FERG: Beta Comparison

For the Industrial Distribution subindustry, Nexgram 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.

Nexgram Holdings Bhd Beta vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Nexgram Holdings Bhd's Beta distribution charts can be found below:

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


Nexgram 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 -2.4590 mean?
Nexgram Holdings Bhd (XKLS:0096) has a Beta of -2.4590 as of Jul. 04, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Nexgram Holdings Bhd and its competitors.
Is Nexgram Holdings Bhd's Beta too high?
Nexgram Holdings Bhd's current Beta is -2.4590.
How does Nexgram Holdings Bhd's Beta compare to GWW and FAST?
Nexgram Holdings Bhd's Beta of -2.4590 can be compared against companies in the Industrial Distribution 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 Distribution company?
A good Beta depends on the Industrial Distribution 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 Nexgram Holdings Bhd and its competitors. Nexgram Holdings Bhd's current Beta is -2.4590. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexgram Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nexgram Holdings Bhd (XKLS:0096) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.01, compared to a current price of RM0.05 — trading 400% above its estimated fair value. The current Beta is -2.4590. 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 Nexgram Holdings Bhd (XKLS:0096), the current Beta is -2.4590 as of Jul. 04, 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.

Nexgram Holdings Bhd Business Description

Address 1, Jalan Syed Putra, 11-01, Level 11, Menara MBMR, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 58000
Nexgram Holdings Bhd is an investment holding company. The Company operates through the following segments: Information Technology Services (ICT), Property Investment, Healthcare, Logistics, and Investment Holding. It generates the majority of its revenue from the Information Technology Services (ICT) segment, which focuses on the trading and distribution of security and video surveillance equipment. Geographically, the Company derives the majority of its revenue from Malaysia.