Astro Malaysia Holdings Bhd (XKLS:6399) Beta: -0.0030 (As of Jun. 24, 2026)


What is Astro Malaysia Holdings Bhd Beta?

Astro Malaysia Holdings Bhd XKLS:6399 +8.33% Beta is -0.0030 as of Jun. 24, 2026. The stock has 7 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Astro Malaysia Holdings Bhd's Beta is -0.0030.

Astro Malaysia Holdings Bhd  (XKLS:6399) 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)

Astro Malaysia Holdings Bhd Beta Related Terms

Astro Malaysia Holdings Bhd Beta Historical Data

* Premium members only.

The historical data trend for Astro Malaysia Holdings Bhd's Beta can be seen below:

* 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.

Astro Malaysia Holdings Bhd Beta Chart

Astro Malaysia Holdings Bhd Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.94 -0.10 -0.09 -0.53

Astro Malaysia Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.00 -0.39 -0.52 -0.53 -0.05

XKLS:6399 vs NFLX, DIS, WBD: Beta Comparison

For the Entertainment subindustry, Astro Malaysia 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.

Astro Malaysia Holdings Bhd Beta vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Astro Malaysia Holdings Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Astro Malaysia Holdings Bhd's Beta falls into.


Astro Malaysia Holdings 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.0030 mean?
Astro Malaysia Holdings Bhd (XKLS:6399) has a Beta of -0.0030 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 Astro Malaysia Holdings Bhd and its competitors.
Is Astro Malaysia Holdings Bhd's Beta too high?
Astro Malaysia Holdings Bhd's current Beta is -0.0030.
How does Astro Malaysia Holdings Bhd's Beta compare to NFLX and DIS?
Astro Malaysia Holdings Bhd's Beta of -0.0030 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Beta depends on the Media - Diversified 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 Astro Malaysia Holdings Bhd and its competitors. Astro Malaysia Holdings Bhd's current Beta is -0.0030. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astro Malaysia Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Astro Malaysia Holdings Bhd (XKLS:6399) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.07 — trading 67.5% below its estimated fair value. The current Beta is -0.0030. 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 Astro Malaysia Holdings Bhd (XKLS:6399), the current Beta is -0.0030 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.

Astro Malaysia Holdings Bhd Business Description

Address Lebuhraya Puchong-Sungai Besi, Technology Park Malaysia, All Asia Broadcast Centre, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Astro Malaysia Holdings Bhd is an entertainment holding company operating in the diversified media industry. The company's business segments include Television, Radio, and others. The Television segment provides content, creation, and aggregation of media. Additionally, it provides magazine publication and distribution. The radio segment provides radio broadcasting services to customers. The company generates the majority of its revenue in Malaysia.