Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-04), Advancecon Holdings Bhd's Beta is 0.2367.
Advancecon Holdings Bhd (XKLS:5281) 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 Engineering & Construction subindustry, Advancecon 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.
Advancecon Holdings Bhd Beta vs Construction Industry
For the Construction industry and Industrials sector, Advancecon Holdings Bhd's Beta distribution charts can be found below:
* The bar in red indicates where Advancecon 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.
Advancecon Holdings Bhd (XKLS:5281) has a Beta of 0.2367 as of Jul. 04, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Advancecon Holdings Bhd and its competitors.
Is Advancecon Holdings Bhd's Beta too high?
Advancecon Holdings Bhd's current Beta is 0.2367. Overall, Advancecon Holdings Bhd has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advancecon Holdings Bhd's Beta compare to PWR and FIX?
Advancecon Holdings Bhd's Beta of 0.2367 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 Advancecon Holdings Bhd and its competitors. Advancecon Holdings Bhd's current Beta is 0.2367. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advancecon Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Advancecon Holdings Bhd (XKLS:5281) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.24, compared to a current price of RM0.18 — trading 25% below its estimated fair value. The current Beta is 0.2367. Advancecon Holdings Bhd's overall GF Score™ is 32/100 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 Advancecon Holdings Bhd (XKLS:5281), the current Beta is 0.2367 as of Jul. 04, 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 Advancecon Holdings Bhd (XKLS:5281) Overvalued in 2026?
Based on GuruFocus' analysis, Advancecon Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.18 is trading 25% below its estimated GF Value™ of RM0.24.
GuruFocus considers Advancecon Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5281:
Beta: 0.2367
GF Value™: RM0.24 vs. price of RM0.18 (25% below fair value)
No single metric tells the full story. See the XKLS:5281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advancecon Holdings Bhd is a construction company. It is involved in the provision of earthworks and civil engineering services, which is a sub-sector of the construction industry in Malaysia. The group's wide range of earthworks services encompasses site clearing, excavation and fill, soil investigation, rock blasting works, and embankment construction. The company has the following reportable segments: Construction & Support Services, Property Investments, Green Energy, Quarry Operations, & Property Development. It derives the majority of its revenue from the Construction & Support Services segment. Further, it is also involved in the New Energy division, which focuses on the development & /or operation of power generation from renewable energy, solar, & other renewable energy projects.
32GF Score
Get the complete analysis for XKLS:5281
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