Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-04), Unimech Group Bhd's Beta is -0.4534.
Unimech Group Bhd (XKLS:7091) 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)
Unimech Group Bhd Beta Related Terms
Unimech Group Bhd Beta Historical Data
* Premium members only.
The historical data trend for Unimech Group 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.
For the Metal Fabrication subindustry, Unimech 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.
Unimech Group Bhd Beta vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Unimech Group Bhd's Beta distribution charts can be found below:
* The bar in red indicates where Unimech 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.
Unimech Group Bhd (XKLS:7091) has a Beta of -0.4534 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 Unimech Group Bhd and its competitors.
Is Unimech Group Bhd's Beta too high?
Unimech Group Bhd's current Beta is -0.4534. Overall, Unimech Group Bhd has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unimech Group Bhd's Beta compare to CRS and ATI?
Unimech Group Bhd's Beta of -0.4534 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Beta depends on the Industrial Products 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 Unimech Group Bhd and its competitors. Unimech Group Bhd's current Beta is -0.4534. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unimech Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Unimech Group Bhd (XKLS:7091) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.53, compared to a current price of RM1.35 — trading 11.8% below its estimated fair value. The current Beta is -0.4534. Unimech Group Bhd's overall GF Score™ is 86/100 with 2 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 Unimech Group Bhd (XKLS:7091), the current Beta is -0.4534 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 Unimech Group Bhd (XKLS:7091) Overvalued in 2026?
Based on GuruFocus' analysis, Unimech Group Bhd stock appears to be undervalued.
The current stock price of RM1.35 is trading 11.8% below its estimated GF Value™ of RM1.53.
GuruFocus considers Unimech Group Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7091:
Beta: -0.4534
GF Value™: RM1.53 vs. price of RM1.35 (11.8% below fair value)
No single metric tells the full story. See the XKLS:7091 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Unimech Group Bhd is a Malaysia-based company involved in the metal fabrication business. The business segment of the company includes Valves, Instrumentation, and Fittings; Electronic; and Pumps. It derives a majority of the revenue from the Valves, instrumentation, and fittings segment, which involves system design, fabrication, manufacturing, and distribution of all kinds of valves, instrumentation, and fittings, maintenance of boilers, and combustion. Its Electronic segment is engaged in manufacture of electronic products and other related products, while its Pump segment is engaged in design, fabrication, assembly, distribution of all kinds of pumps and provision of related services, and other segments include spraying, coating, silk screening in metal, plastic, chemicals, and others.
86GF Score
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