Industronics Bhd (XKLS:9393) Beta: -0.4852 (As of Jul. 12, 2026)


What is Industronics Bhd Beta?

Industronics Bhd XKLS:9393 -16.67% Beta is -0.4852 as of Jul. 12, 2026. The stock has 5 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-12), Industronics Bhd's Beta is -0.4852.

Industronics Bhd  (XKLS:9393) 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)

Industronics Bhd Beta Related Terms

Industronics Bhd Beta Historical Data

* Premium members only.

The historical data trend for Industronics 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.

Industronics Bhd Beta Chart

Industronics Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.13 0.78 0.73 -0.04

Industronics Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.28 -0.04 -0.60 -0.33 -0.08

XKLS:9393 vs APH, GLW, TEL: Beta Comparison

For the Electronic Components subindustry, Industronics 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.

Industronics Bhd Beta vs Hardware Industry

For the Hardware industry and Technology sector, Industronics Bhd's Beta distribution charts can be found below:

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


Industronics 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 -0.4852 mean?
Industronics Bhd (XKLS:9393) has a Beta of -0.4852 as of Jul. 12, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Industronics Bhd and its competitors.
Is Industronics Bhd's Beta too high?
Industronics Bhd's current Beta is -0.4852.
How does Industronics Bhd's Beta compare to APH and GLW?
Industronics Bhd's Beta of -0.4852 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Industronics Bhd and its competitors. Industronics Bhd's current Beta is -0.4852. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industronics Bhd stock overvalued right now?
Based on GuruFocus' analysis, Industronics Bhd (XKLS:9393) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.03 — trading 16.7% below its estimated fair value. The current Beta is -0.4852. 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 Industronics Bhd (XKLS:9393), the current Beta is -0.4852 as of Jul. 12, 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.

Industronics Bhd Business Description

Address No.18, Jalan Persiaran Barat, Unit No. EL-11-01, Amcorp Business Suite, Menara Melawangi, Pusat Perdagangan Amcorp, Petaling Jaya, SGR, MYS, 46050
Industronics Bhd is engaged in design and manufacturing of electronic products. The operating segment of the company are Electronics and system integration; Security systems, mechanical and electrical engineering; and Trading and services operations and Food and beverage. Its revenue generating segment Trading & services involves in trading of precision instruments (watches), provision of cloud service and general trading, maintenance, and supply of industrial electronic equipment. Intelligent transportation system and system integration projects involving Information Communication Technology, supply and service of telecommunication equipment, audio visual multimedia systems. Geographically, the company mainly operates in Malaysia and Hong Kong.