TechnoDex Bhd (XKLS:0132) Beta: -0.3148 (As of Jul. 03, 2026)


What is TechnoDex Bhd Beta?

TechnoDex Bhd XKLS:0132 Beta is -0.3148 as of Jul. 03, 2026. The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-03), TechnoDex Bhd's Beta is -0.3148.

TechnoDex Bhd  (XKLS:0132) 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)

TechnoDex Bhd Beta Related Terms

TechnoDex Bhd Beta Historical Data

* Premium members only.

The historical data trend for TechnoDex 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.

TechnoDex Bhd Beta Chart

TechnoDex Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.04 0.44 0.06 -0.08

TechnoDex 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 0.06 -0.08 0.19 -0.33 -0.58

XKLS:0132 vs IBM, ACN, FISV: Beta Comparison

For the Information Technology Services subindustry, TechnoDex 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.

TechnoDex Bhd Beta vs Software Industry

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

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


TechnoDex 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 -0.3148 mean?
TechnoDex Bhd (XKLS:0132) has a Beta of -0.3148 as of Jul. 03, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for TechnoDex Bhd and its competitors.
Is TechnoDex Bhd's Beta too high?
TechnoDex Bhd's current Beta is -0.3148.
How does TechnoDex Bhd's Beta compare to IBM and ACN?
TechnoDex Bhd's Beta of -0.3148 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 TechnoDex Bhd and its competitors. TechnoDex Bhd's current Beta is -0.3148. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TechnoDex Bhd stock overvalued right now?
Based on GuruFocus' analysis, TechnoDex Bhd (XKLS:0132) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.08, compared to a current price of RM0.04 — trading 56.3% below its estimated fair value. The current Beta is -0.3148. 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 TechnoDex Bhd (XKLS:0132), the current Beta is -0.3148 as of Jul. 03, 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.

TechnoDex Bhd Business Description

Address No. 2, Jalan Kerinchi, Unit E-07-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Kuala Lumpur, MYS, 59200
TechnoDex Bhd is principally engaged in the business of investment holding and providing information technology products and related services. The company's operating segment includes Application support and services and hardware, Manpower outsourcing, E-Commerce, and Others. The company generates maximum revenue from the Application support and services and hardware segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the Philippines, Singapore, Thailand, and other Countries. Some of its services include ICT Professional Services, Big Data Solutions and Services, Payroll Processing Services, Cybersecurity Services, and others.