Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Harrisons Holdings (Malaysia) Bhd's Beta is 0.0014.
Harrisons Holdings (Malaysia) Bhd (XKLS:5008) 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)
Harrisons Holdings (Malaysia) Bhd Beta Related Terms
Harrisons Holdings (Malaysia) 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 Industrial Distribution subindustry, Harrisons Holdings (Malaysia) 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.
Harrisons Holdings (Malaysia) Bhd Beta vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Beta distribution charts can be found below:
* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Beta falls into.
Harrisons Holdings (Malaysia) 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.
Harrisons Holdings (Malaysia) Bhd (XKLS:5008) has a Beta of 0.0014 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 Harrisons Holdings (Malaysia) Bhd and its competitors.
Is Harrisons Holdings (Malaysia) Bhd's Beta too high?
Harrisons Holdings (Malaysia) Bhd's current Beta is 0.0014. Overall, Harrisons Holdings (Malaysia) Bhd has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harrisons Holdings (Malaysia) Bhd's Beta compare to GWW and FAST?
Harrisons Holdings (Malaysia) Bhd's Beta of 0.0014 can be compared against companies in the Industrial Distribution 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 Distribution company?
A good Beta depends on the Industrial Distribution 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 Harrisons Holdings (Malaysia) Bhd and its competitors. Harrisons Holdings (Malaysia) Bhd's current Beta is 0.0014. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrisons Holdings (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd (XKLS:5008) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.63, compared to a current price of RM1.30 — trading 20.2% below its estimated fair value. The current Beta is 0.0014. Harrisons Holdings (Malaysia) Bhd's overall GF Score™ is 68/100 with 4 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008), the current Beta is 0.0014 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 Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Overvalued in 2026?
Based on GuruFocus' analysis, Harrisons Holdings (Malaysia) Bhd stock appears to be undervalued.
The current stock price of RM1.30 is trading 20.2% below its estimated GF Value™ of RM1.63.
GuruFocus considers Harrisons Holdings (Malaysia) Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5008:
Beta: 0.0014
GF Value™: RM1.63 vs. price of RM1.30 (20.2% below fair value)
No single metric tells the full story. See the XKLS:5008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harrisons Holdings (Malaysia) Bhd Business Description
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. The Group operates in four key geographical segments within Malaysia, namely Sabah, Sarawak, Peninsular Malaysia and Others. The Sabah, Sarawak and Peninsular Malaysia segments comprise the trading and distribution of consumer products, building materials, industrial and agricultural chemical products, as well as the provision of insurance and shipping services within their respective geographical markets. The Others segment includes the trading and distribution of liquor products, as well as the provision of travel agency services, property rental, and the retailing of consumer goods.
68GF Score
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