Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), SL Innovation Capital Bhd's Beta is -0.5534.
SL Innovation Capital Bhd (XKLS:03008) 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 Information Technology Services subindustry, SL Innovation Capital 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.
SL Innovation Capital Bhd Beta vs Software Industry
For the Software industry and Technology sector, SL Innovation Capital Bhd's Beta distribution charts can be found below:
* The bar in red indicates where SL Innovation Capital 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.
SL Innovation Capital Bhd (XKLS:03008) has a Beta of -0.5534 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 SL Innovation Capital Bhd and its competitors.
Is SL Innovation Capital Bhd's Beta too high?
SL Innovation Capital Bhd's current Beta is -0.5534. Overall, SL Innovation Capital Bhd has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does SL Innovation Capital Bhd's Beta compare to ACN and IBM?
SL Innovation Capital Bhd's Beta of -0.5534 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 SL Innovation Capital Bhd and its competitors. SL Innovation Capital Bhd's current Beta is -0.5534. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SL Innovation Capital Bhd stock overvalued right now?
SL Innovation Capital Bhd (XKLS:03008) has a current Beta of -0.5534. The stock's GF Value™ is RM0.50, compared to a current price of RM0.69 — trading 37% above its estimated fair value. The current Beta is -0.5534. SL Innovation Capital Bhd's overall GF Score™ is 54/100 with 7 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 SL Innovation Capital Bhd (XKLS:03008), the current Beta is -0.5534 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 SL Innovation Capital Bhd (XKLS:03008) Overvalued in 2026?
Based on GuruFocus' analysis, SL Innovation Capital Bhd stock appears to be overvalued.
The current stock price of RM0.69 is trading 37% above its estimated GF Value™ of RM0.50.
Key valuation signals for XKLS:03008:
Beta: -0.5534
GF Value™: RM0.50 vs. price of RM0.69 (37% above fair value)
No single metric tells the full story. See the XKLS:03008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SL Innovation Capital Bhd provides management services. Along with its subsidiaries, it operates in the following reportable segments based on its products and services; IT infrastructure technology solutions, Business process automation solutions, and Others. Maximum revenue is generated from its IT infrastructure technology solutions segment, which provides hardware, system software, network resources, and related accessories required in the operation and management of an enterprise's IT environment. The business process automation solutions segment offers business process management software, and the Others segment provides management and operation services. Geographically, the company derives its key revenue from Malaysia followed by Indonesia, Korea, Myanmar, and Singapore.
54GF Score
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