Progressive Impact Bhd (XKLS:7201) Beta: -0.2197 (As of Jul. 02, 2026)


What is Progressive Impact Bhd Beta?

Progressive Impact Bhd XKLS:7201 Beta is -0.2197 as of Jul. 02, 2026. The stock has 8 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-02), Progressive Impact Bhd's Beta is -0.2197.

Progressive Impact Bhd  (XKLS:7201) 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)

Progressive Impact Bhd Beta Related Terms

Progressive Impact Bhd Beta Historical Data

* Premium members only.

The historical data trend for Progressive Impact 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.

Progressive Impact Bhd Beta Chart

Progressive Impact Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 2.33 2.26 1.57 0.70

Progressive Impact Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.54 2.25 2.39 0.70 -0.01

XKLS:7201 vs WM, RSG, WCN: Beta Comparison

For the Waste Management subindustry, Progressive Impact 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.

Progressive Impact Bhd Beta vs Waste Management Industry

For the Waste Management industry and Industrials sector, Progressive Impact Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Progressive Impact Bhd's Beta falls into.


Progressive Impact 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 -0.2197 mean?
Progressive Impact Bhd (XKLS:7201) has a Beta of -0.2197 as of Jul. 02, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Progressive Impact Bhd and its competitors.
Is Progressive Impact Bhd's Beta too high?
Progressive Impact Bhd's current Beta is -0.2197.
How does Progressive Impact Bhd's Beta compare to WM and RSG?
Progressive Impact Bhd's Beta of -0.2197 can be compared against companies in the Waste Management 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 Waste Management company?
A good Beta depends on the Waste Management 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 Progressive Impact Bhd and its competitors. Progressive Impact Bhd's current Beta is -0.2197. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Impact Bhd stock overvalued right now?
Based on GuruFocus' analysis, Progressive Impact Bhd (XKLS:7201) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.06 — trading 14.3% below its estimated fair value. The current Beta is -0.2197. 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 Progressive Impact Bhd (XKLS:7201), the current Beta is -0.2197 as of Jul. 02, 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.

Progressive Impact Bhd Business Description

Address Lot 10, Jalan Astaka U8/84, Suite 5.02, Mercu PICORP, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
Progressive Impact Corp Bhd is a Malaysia-based investment company engaged in the provision of environmental consulting and monitoring, monitoring systems integration, ocean data monitoring, laboratory testing services, and wastewater treatment and solution. The group's business segments are Environmental consultancy and monitoring services that provide environmental-related services, Laboratory testing services that offer chemical testing, consultancy, and related services, and Wastewater treatment and solutions engaged in the provision of sewerage and solid waste management systems. It operates in Malaysia, Indonesia, and Saudi Arabia, and generates its key revenue from Malaysia.