GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mah Sing Group Bhd (XKLS:8583) » Definitions » Beta

Mah Sing Group Bhd (XKLS:8583) Beta : 1.08 (As of Apr. 07, 2025)


View and export this data going back to 1992. Start your Free Trial

What is Mah Sing Group Bhd Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-07), Mah Sing Group Bhd's Beta is 1.08.


Mah Sing Group Bhd Beta Historical Data

The historical data trend for Mah Sing 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.

* Premium members only.

Mah Sing Group Bhd Beta Chart

Mah Sing Group Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.70 1.39 0.91 0.73

Mah Sing Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.91 0.91 0.74 0.71 0.73

Competitive Comparison of Mah Sing Group Bhd's Beta

For the Real Estate - Development subindustry, Mah Sing 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.


Mah Sing Group Bhd's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mah Sing Group Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Mah Sing Group Bhd's Beta falls into.


;
;

Mah Sing Group 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.


Mah Sing Group Bhd  (XKLS:8583) 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)


Mah Sing Group Bhd Beta Related Terms

Thank you for viewing the detailed overview of Mah Sing Group Bhd's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Mah Sing Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 163, Jalan Sungai Besi, Penthouse Suite 1, Wisma Mah Sing, Kuala Lumpur, SGR, MYS, 57100
Mah Sing Group Bhd is a Malaysia-based company that is mainly engaged in three segments: Property, Manufacturing, and Investment Holding and others. The property segment, which accounts for the majority of the company's sales, invests in and develops residential, commercial, and industrial properties. The Manufacturing segment manufactures and trading of a range of plastic molded products and gloves. The investment holding and others segment is engaged in the provision of management and property support services, construction of residential properties, provision of hospitality management services, and trading of building materials. It has a geographic presence in Malaysia, Indonesia, Singapore, Thailand, and others.

Mah Sing Group Bhd Headlines

No Headlines