Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Malaysia Steel Works (KL) Bhd Shs's Beta is 0.6096.
Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) 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)
Malaysia Steel Works (KL) Bhd Shs Beta Related Terms
Malaysia Steel Works (KL) Bhd Shs 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 Steel subindustry, Malaysia Steel Works (KL) Bhd Shs'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.
Malaysia Steel Works (KL) Bhd Shs Beta vs Steel Industry
Malaysia Steel Works (KL) Bhd Shs 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.
Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) has a Beta of 0.6096 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 Malaysia Steel Works (KL) Bhd Shs and its competitors.
Is Malaysia Steel Works (KL) Bhd Shs' Beta too high?
Malaysia Steel Works (KL) Bhd Shs' current Beta is 0.6096. Overall, Malaysia Steel Works (KL) Bhd Shs has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Malaysia Steel Works (KL) Bhd Shs' Beta compare to NUE and STLD?
Malaysia Steel Works (KL) Bhd Shs' Beta of 0.6096 can be compared against companies in the Steel 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 Steel company?
A good Beta depends on the Steel 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 Malaysia Steel Works (KL) Bhd Shs and its competitors. Malaysia Steel Works (KL) Bhd Shs's current Beta is 0.6096. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Steel Works (KL) Bhd Shs stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.39, compared to a current price of RM0.23 — trading 41% below its estimated fair value. The current Beta is 0.6096. Malaysia Steel Works (KL) Bhd Shs' overall GF Score™ is 43/100 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 Malaysia Steel Works (KL) Bhd Shs (XKLS:5098), the current Beta is 0.6096 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 Malaysia Steel Works (KL) Bhd Shs (XKLS:5098) Overvalued in 2026?
Based on GuruFocus' analysis, Malaysia Steel Works (KL) Bhd Shs stock appears to be undervalued.
The current stock price of RM0.23 is trading 41% below its estimated GF Value™ of RM0.39.
GuruFocus considers Malaysia Steel Works (KL) Bhd Shs to be Possible Value Trap.
Key valuation signals for XKLS:5098:
Beta: 0.6096
GF Value™: RM0.39 vs. price of RM0.23 (41% below fair value)
No single metric tells the full story. See the XKLS:5098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malaysia Steel Works (KL) Bhd Shs Business Description
Malaysia Steel Works (KL) Bhd Shs engages in the manufacturing and marketing of high tensile steel bars, mild steel bars, and prime steel billets. These steel products are used in construction and infrastructure works. The company is organized in one business segment which is the Manufacturing of steel bars and billets. Geographically, the group has a business presence in Malaysia and Outside Malaysia, of which prime revenue is derived from Malaysia.
43GF Score
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