Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Coraza Integrated Technology Bhd's Beta is -0.4500.
Coraza Integrated Technology Bhd (XKLS:0240) 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)
Coraza Integrated Technology Bhd Beta Related Terms
Coraza Integrated Technology Bhd Beta Historical Data
* 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 Metal Fabrication subindustry, Coraza Integrated Technology 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.
Coraza Integrated Technology Bhd Beta vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Coraza Integrated Technology Bhd's Beta distribution charts can be found below:
* The bar in red indicates where Coraza Integrated Technology 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.
Coraza Integrated Technology Bhd (XKLS:0240) has a Beta of -0.4500 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 Coraza Integrated Technology Bhd and its competitors.
Is Coraza Integrated Technology Bhd's Beta too high?
Coraza Integrated Technology Bhd's current Beta is -0.4500. Overall, Coraza Integrated Technology Bhd has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coraza Integrated Technology Bhd's Beta compare to ATI and CRS?
Coraza Integrated Technology Bhd's Beta of -0.4500 can be compared against companies in the Industrial Products 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 Products company?
A good Beta depends on the Industrial Products 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 Coraza Integrated Technology Bhd and its competitors. Coraza Integrated Technology Bhd's current Beta is -0.4500. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coraza Integrated Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Coraza Integrated Technology Bhd (XKLS:0240) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.80, compared to a current price of RM1.02 — trading 27.5% above its estimated fair value. The current Beta is -0.4500. Coraza Integrated Technology Bhd's overall GF Score™ is 52/100 with 9 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 Coraza Integrated Technology Bhd (XKLS:0240), the current Beta is -0.4500 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 Coraza Integrated Technology Bhd (XKLS:0240) Overvalued in 2026?
Based on GuruFocus' analysis, Coraza Integrated Technology Bhd stock appears to be overvalued.
The current stock price of RM1.02 is trading 27.5% above its estimated GF Value™ of RM0.80.
GuruFocus considers Coraza Integrated Technology Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:0240:
Beta: -0.4500
GF Value™: RM0.80 vs. price of RM1.02 (27.5% above fair value)
No single metric tells the full story. See the XKLS:0240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coraza Integrated Technology Bhd Business Description
Coraza Integrated Technology Bhd is principally involved in sheet metal fabrication and precision machining activities. Its sheet metal fabrication activities include cutting, bending and welding of sheet metal to produce metal piece parts, while its precision machining activities include milling, turning, turn-milling and tapping of metal blocks to produce precision-machined components. The company also provides related services such as design and development, mechanical assembly and electro-mechanical assembly through value-added sub-module assembly services. its segments are: fabrication of sheet metal (FSM) and precision machining (PM), with the majority of the company's revenue derived from the fabrication of sheet metal (FSM) segment. It generates maximum revenue from Malaysia.
52GF Score
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