Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-05), Choo Bee Metal Industries Bhd's Beta is 0.0431.
Choo Bee Metal Industries Bhd (XKLS:5797) 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)
Choo Bee Metal Industries Bhd Beta Related Terms
Choo Bee Metal Industries 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 Steel subindustry, Choo Bee Metal Industries 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.
Choo Bee Metal Industries Bhd Beta vs Steel Industry
For the Steel industry and Basic Materials sector, Choo Bee Metal Industries Bhd's Beta distribution charts can be found below:
* The bar in red indicates where Choo Bee Metal Industries 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.
Choo Bee Metal Industries Bhd (XKLS:5797) has a Beta of 0.0431 as of Jul. 05, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Choo Bee Metal Industries Bhd and its competitors.
Is Choo Bee Metal Industries Bhd's Beta too high?
Choo Bee Metal Industries Bhd's current Beta is 0.0431. Overall, Choo Bee Metal Industries Bhd has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choo Bee Metal Industries Bhd's Beta compare to NUE and STLD?
Choo Bee Metal Industries Bhd's Beta of 0.0431 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 Choo Bee Metal Industries Bhd and its competitors. Choo Bee Metal Industries Bhd's current Beta is 0.0431. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choo Bee Metal Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Choo Bee Metal Industries Bhd (XKLS:5797) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.65, compared to a current price of RM0.50 — trading 23.1% below its estimated fair value. The current Beta is 0.0431. Choo Bee Metal Industries Bhd's overall GF Score™ is 29/100 with 1 warning sign 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 Choo Bee Metal Industries Bhd (XKLS:5797), the current Beta is 0.0431 as of Jul. 05, 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 Choo Bee Metal Industries Bhd (XKLS:5797) Overvalued in 2026?
Based on GuruFocus' analysis, Choo Bee Metal Industries Bhd stock appears to be undervalued.
The current stock price of RM0.50 is trading 23.1% below its estimated GF Value™ of RM0.65.
GuruFocus considers Choo Bee Metal Industries Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5797:
Beta: 0.0431
GF Value™: RM0.65 vs. price of RM0.50 (23.1% below fair value)
No single metric tells the full story. See the XKLS:5797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choo Bee Metal Industries Bhd Business Description
Choo Bee Metal Industries Bhd is principally engaged in the processing of steel coils into steel products, fabrication of steel products and trading of hardware products. It wholly owned and are mainly involved in dealing and trading of hardware and construction materials. It is engaged in the manufacturing and sales of flat-based steel products from Hot Rolled and Cold Rolled coils, providing processing services. It is organized into trading which Dealing in hardware and construction materials and manufacturing segments which is Processing of steel coils into steel products and fabrication of steel products, in which the Trading segments derive the majority of its revenue. Geographically it has presence in Malaysia, Asia other than Malaysia, of which majority of its revenue from Malaysia.
29GF Score
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