Asia Poly Holdings Bhd (XKLS:0105) Beta: -0.3608 (As of Jul. 04, 2026)


What is Asia Poly Holdings Bhd Beta?

Asia Poly Holdings Bhd XKLS:0105 +8.33% Beta is -0.3608 as of Jul. 04, 2026. The stock has 6 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), Asia Poly Holdings Bhd's Beta is -0.3608.

Asia Poly Holdings Bhd  (XKLS:0105) 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)

Asia Poly Holdings Bhd Beta Related Terms

Asia Poly Holdings Bhd Beta Historical Data

* Premium members only.

The historical data trend for Asia Poly 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.

Asia Poly Holdings Bhd Beta Chart

Asia Poly Holdings Bhd 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 5.24 4.09 1.09 0.81 -0.48

Asia Poly Holdings 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 0.53 0.18 0.27 -0.48 -0.22

XKLS:0105 vs LIN, SHW, ECL: Beta Comparison

For the Specialty Chemicals subindustry, Asia Poly 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.

Asia Poly Holdings Bhd Beta vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Beta distribution charts can be found below:

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


Asia Poly 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 -0.3608 mean?
Asia Poly Holdings Bhd (XKLS:0105) has a Beta of -0.3608 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 Asia Poly Holdings Bhd and its competitors.
Is Asia Poly Holdings Bhd's Beta too high?
Asia Poly Holdings Bhd's current Beta is -0.3608.
How does Asia Poly Holdings Bhd's Beta compare to LIN and SHW?
Asia Poly Holdings Bhd's Beta of -0.3608 can be compared against companies in the Chemicals 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 Chemicals company?
A good Beta depends on the Chemicals 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 Asia Poly Holdings Bhd and its competitors. Asia Poly Holdings Bhd's current Beta is -0.3608. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Poly Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia Poly Holdings Bhd (XKLS:0105) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading 7.1% below its estimated fair value. The current Beta is -0.3608. 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 Asia Poly Holdings Bhd (XKLS:0105), the current Beta is -0.3608 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.

Asia Poly Holdings Bhd Business Description

Address Jalan PJU 1A/7A Ara Damansara, PJU 1A, E-G-3A, Block E, Oasis Square No.2, Selangor Darul Ehsan, Petaling Jaya, SGR, MYS, 47301
Asia Poly Holdings Bhd is engaged in the business of investment holding. Through its subsidiary, it is engaged in the manufacturing and selling of acrylic products (acrylic sheets and acrylic blocks) in various types and sizes. It manufactures a wide range of cast acrylic sheet products, which are available in various specifications such as clear, tinted, opaque, and fluorescent. Its segments are Investment holdings, including Investment holding company; Manufacturing consists of Manufacturing of cast acrylic products; Property development provides Property development; Renewable energy offers Renewable energy from biogas plant; and Others - Others not reported in the above segments. Geographically, it operates in Malaysia, Europe, India, the Middle East, the United States, and Others.