Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Shin Yang Group Bhd's Beta is 0.3837.
Shin Yang Group Bhd (XKLS:5173) 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 Marine Shipping subindustry, Shin Yang Group 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.
Shin Yang Group Bhd Beta vs Transportation Industry
For the Transportation industry and Industrials sector, Shin Yang Group Bhd's Beta distribution charts can be found below:
* The bar in red indicates where Shin Yang Group 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.
Shin Yang Group Bhd (XKLS:5173) has a Beta of 0.3837 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 Shin Yang Group Bhd and its competitors.
Is Shin Yang Group Bhd's Beta too high?
Shin Yang Group Bhd's current Beta is 0.3837. Overall, Shin Yang Group Bhd has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Yang Group Bhd's Beta compare to competitors?
Shin Yang Group Bhd's Beta of 0.3837 can be compared against companies in the Transportation 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 Transportation company?
A good Beta depends on the Transportation 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 Shin Yang Group Bhd and its competitors. Shin Yang Group Bhd's current Beta is 0.3837. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Yang Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Shin Yang Group Bhd (XKLS:5173) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.42, compared to a current price of RM0.78 — trading 45.1% below its estimated fair value. The current Beta is 0.3837. Shin Yang Group Bhd's overall GF Score™ is 70/100. 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 Shin Yang Group Bhd (XKLS:5173), the current Beta is 0.3837 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 Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued.
The current stock price of RM0.78 is trading 45.1% below its estimated GF Value™ of RM1.42.
GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5173:
Beta: 0.3837
GF Value™: RM1.42 vs. price of RM0.78 (45.1% below fair value)
No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.
70GF Score
Get the complete analysis for XKLS:5173
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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