Hextar Healthcare Bhd (XKLS:7803) Beta: -0.6495 (As of Jun. 26, 2026)


What is Hextar Healthcare Bhd Beta?

Hextar Healthcare Bhd XKLS:7803 Beta is -0.6495 as of Jun. 26, 2026. The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Hextar Healthcare Bhd's Beta is -0.6495.

Hextar Healthcare Bhd  (XKLS:7803) 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)

Hextar Healthcare Bhd Beta Related Terms

Hextar Healthcare Bhd Beta Historical Data

* Premium members only.

The historical data trend for Hextar Healthcare 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.

Hextar Healthcare Bhd Beta Chart

Hextar Healthcare 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 2.19 1.62 0.02 0.17 -0.05

Hextar Healthcare 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 0.54 -0.10 0.07 -0.05 -0.51

XKLS:7803 vs LIN, SHW, ECL: Beta Comparison

For the Specialty Chemicals subindustry, Hextar Healthcare 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.

Hextar Healthcare Bhd Beta vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hextar Healthcare Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Hextar Healthcare Bhd's Beta falls into.


Hextar Healthcare 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 -0.6495 mean?
Hextar Healthcare Bhd (XKLS:7803) has a Beta of -0.6495 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Hextar Healthcare Bhd and its competitors.
Is Hextar Healthcare Bhd's Beta too high?
Hextar Healthcare Bhd's current Beta is -0.6495.
How does Hextar Healthcare Bhd's Beta compare to LIN and SHW?
Hextar Healthcare Bhd's Beta of -0.6495 can be compared against companies in the Chemicals 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 Chemicals company?
A good Beta depends on the Chemicals 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 Hextar Healthcare Bhd and its competitors. Hextar Healthcare Bhd's current Beta is -0.6495. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hextar Healthcare Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hextar Healthcare Bhd (XKLS:7803) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.16, compared to a current price of RM0.06 — trading 62.5% below its estimated fair value. The current Beta is -0.6495. 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 Hextar Healthcare Bhd (XKLS:7803), the current Beta is -0.6495 as of Jun. 26, 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.

Hextar Healthcare Bhd Business Description

Address Jalan Bercham, Lot 138201, Off 3/4 Mile, Kawasan Perindustrian Bercham, Ipoh, PRK, MYS, 31400
Hextar Healthcare Bhd is principally involved in investment holding. Through its subsidiaries, it manufactures and sells rubber gloves. The company offers a wide range of industrial and safety gloves, household rubber gloves, and disposable vinyl and nitrile gloves. The company operates in three segments: Gloves operation, Medical devices operation, and Investment holding. The company generates the majority of its revenue from the Gloves operation segment. It has operations in Europe, Asia, North and South America, and the Rest of the world.