Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Tri-Mode System (M) Bhd's Beta is 0.5015.
Tri-Mode System (M) Bhd (XKLS:0199) 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)
* 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.
For the Integrated Freight & Logistics subindustry, Tri-Mode System (M) 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.
Tri-Mode System (M) Bhd Beta vs Transportation Industry
For the Transportation industry and Industrials sector, Tri-Mode System (M) Bhd's Beta distribution charts can be found below:
* The bar in red indicates where Tri-Mode System (M) Bhd's Beta falls into.
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.
Tri-Mode System (M) Bhd (XKLS:0199) has a Beta of 0.5015 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 Tri-Mode System (M) Bhd and its competitors.
Is Tri-Mode System (M) Bhd's Beta too high?
Tri-Mode System (M) Bhd's current Beta is 0.5015. Overall, Tri-Mode System (M) Bhd has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tri-Mode System (M) Bhd's Beta compare to FDX and UPS?
Tri-Mode System (M) Bhd's Beta of 0.5015 can be compared against companies in the Transportation 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 Transportation company?
A good Beta depends on the Transportation 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 Tri-Mode System (M) Bhd and its competitors. Tri-Mode System (M) Bhd's current Beta is 0.5015. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri-Mode System (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd (XKLS:0199) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.26, compared to a current price of RM0.16 — trading 40.4% below its estimated fair value. The current Beta is 0.5015. Tri-Mode System (M) Bhd's overall GF Score™ is 41/100 with 6 warning signs to review. 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 Tri-Mode System (M) Bhd (XKLS:0199), the current Beta is 0.5015 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.
Is Tri-Mode System (M) Bhd (XKLS:0199) Overvalued in 2026?
Based on GuruFocus' analysis, Tri-Mode System (M) Bhd stock appears to be undervalued.
The current stock price of RM0.16 is trading 40.4% below its estimated GF Value™ of RM0.26.
GuruFocus considers Tri-Mode System (M) Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0199:
Beta: 0.5015
GF Value™: RM0.26 vs. price of RM0.16 (40.4% below fair value)
No single metric tells the full story. See the XKLS:0199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tri-Mode System (M) Bhd is an integrated logistics service provider & has six segments. Sea freight segment organizes shipments for customers & overseas freight forwarded & manage bookings for cargo space for sea shipments; Container haulage segment provides land transportation services; Air freight segment plans & manages booking of cargo space for customer's air shipments; Freights forwarding segment manages document preparation, customs clearance, airlines & container haulage division for transportation of cargoes; Warehousing segment provides services such as general storage, consolidation & deconsolidation, transshipment of cargoes & inventory management services; & Marine insurance segment provide insurance service on cargoes by group. The key revenue is from the Sea freight segment.
41GF Score
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