Fitters Diversified Bhd (XKLS:9318) Beta: 0.5148 (As of Jun. 25, 2026)


What is Fitters Diversified Bhd Beta?

Fitters Diversified Bhd XKLS:9318 Beta is 0.5148 as of Jun. 25, 2026. The stock has 6 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Fitters Diversified Bhd's Beta is 0.5148.

Fitters Diversified Bhd  (XKLS:9318) 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)

Fitters Diversified Bhd Beta Related Terms

Fitters Diversified Bhd Beta Historical Data

* Premium members only.

The historical data trend for Fitters Diversified 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.

Fitters Diversified Bhd Beta Chart

Fitters Diversified Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23 Mar24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.74 0.94 0.30 0.00

Fitters Diversified Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Nov25 Feb26
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 0.16 -0.35 0.20 0.57

XKLS:9318 vs HON, MMM: Beta Comparison

For the Conglomerates subindustry, Fitters Diversified 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.

Fitters Diversified Bhd Beta vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fitters Diversified Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Fitters Diversified Bhd's Beta falls into.


Fitters Diversified 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 0.5148 mean?
Fitters Diversified Bhd (XKLS:9318) has a Beta of 0.5148 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Fitters Diversified Bhd and its competitors.
Is Fitters Diversified Bhd's Beta too high?
Fitters Diversified Bhd's current Beta is 0.5148.
How does Fitters Diversified Bhd's Beta compare to HON and MMM?
Fitters Diversified Bhd's Beta of 0.5148 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Beta depends on the Conglomerates 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 Fitters Diversified Bhd and its competitors. Fitters Diversified Bhd's current Beta is 0.5148. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitters Diversified Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fitters Diversified Bhd (XKLS:9318) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.03 — trading 25% above its estimated fair value. The current Beta is 0.5148. 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 Fitters Diversified Bhd (XKLS:9318), the current Beta is 0.5148 as of Jun. 25, 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.

Fitters Diversified Bhd Business Description

Address Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200
Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill, and Investment holding. Its geographical segments include Malaysia, the British Virgin Islands, and Singapore, of which a majority of the revenue is generated within Malaysia.