Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), MN Holdings Bhd's Beta is 0.4998.
MN Holdings Bhd (XKLS:0245) 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)
MN Holdings Bhd Beta Related Terms
MN Holdings Bhd Beta Historical Data
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The historical data trend for MN 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.
For the Engineering & Construction subindustry, MN 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.
MN Holdings Bhd Beta vs Construction Industry
For the Construction industry and Industrials sector, MN Holdings Bhd's Beta distribution charts can be found below:
* The bar in red indicates where MN Holdings 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.
MN Holdings Bhd (XKLS:0245) has a Beta of 0.4998 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for MN Holdings Bhd and its competitors.
Is MN Holdings Bhd's Beta too high?
MN Holdings Bhd's current Beta is 0.4998. Overall, MN Holdings Bhd has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MN Holdings Bhd's Beta compare to PWR and FIX?
MN Holdings Bhd's Beta of 0.4998 can be compared against companies in the Construction 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 Construction company?
A good Beta depends on the Construction 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 MN Holdings Bhd and its competitors. MN Holdings Bhd's current Beta is 0.4998. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MN Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MN Holdings Bhd (XKLS:0245) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.13, compared to a current price of RM2.80 — trading 31.5% above its estimated fair value. The current Beta is 0.4998. MN Holdings Bhd's overall GF Score™ is 87/100 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 MN Holdings Bhd (XKLS:0245), the current Beta is 0.4998 as of Jun. 24, 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 MN Holdings Bhd (XKLS:0245) Overvalued in 2026?
Based on GuruFocus' analysis, MN Holdings Bhd stock appears to be overvalued.
The current stock price of RM2.80 is trading 31.5% above its estimated GF Value™ of RM2.13.
GuruFocus considers MN Holdings Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0245:
Beta: 0.4998
GF Value™: RM2.13 vs. price of RM2.80 (31.5% above fair value)
No single metric tells the full story. See the XKLS:0245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
87GF Score
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