Baiksan Co (XKRX:035150) Beta: -0.0397 (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:035150 Baiksan Co Ltd XKRX:035150
82 GF Score
Price ₩10,600.00
GF Value ₩15,571.14
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Baiksan Co Beta?

Baiksan Co XKRX:035150 -0.66% 82 Beta is -0.0397 as of Sep. 21, 2026. GuruFocus rates XKRX:035150 with a GF Score™ of 82/100 and a GF Value™ of ₩15,571.14 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-21), Baiksan Co's Beta is -0.0397.


Baiksan Co  (XKRX:035150) 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)


Baiksan Co Beta Related Terms


Baiksan Co Beta Historical Data

* Premium members only.

The historical data trend for Baiksan Co'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.

Baiksan Co Beta Chart

Baiksan Co 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 1.12 1.01 1.00 0.88 0.24

Baiksan Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.72 0.49 0.24 0.14 -0.03

XKRX:035150 vs NKE, DECK, ONON: Beta Comparison

For the Footwear & Accessories subindustry, Baiksan Co'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.


Baiksan Co Beta vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Baiksan Co's Beta distribution charts can be found below:

* The bar in red indicates where Baiksan Co's Beta falls into.


XKRX:035150
82GF Score
Baiksan Co Ltd XKRX:035150
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baiksan Co 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 -0.0397 mean?
Baiksan Co (XKRX:035150) has a Beta of -0.0397 as of Sep. 21, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Baiksan Co and its competitors.
Is Baiksan Co's Beta too high?
Baiksan Co's current Beta is -0.0397. Overall, Baiksan Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baiksan Co's Beta compare to NKE and DECK?
Baiksan Co's Beta of -0.0397 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Beta depends on the Manufacturing - Apparel & Accessories 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 Baiksan Co and its competitors. Baiksan Co's current Beta is -0.0397. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baiksan Co stock overvalued right now?
Based on GuruFocus' analysis, Baiksan Co (XKRX:035150) is currently considered Significantly Undervalued. The stock's GF Value™ is ₩15,571.14, compared to a current price of ₩10,600.00 — trading 31.9% below its estimated fair value. The current Beta is -0.0397. Baiksan Co's overall GF Score™ is 82/100 with 2 warning signs to review. 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 Baiksan Co (XKRX:035150), the current Beta is -0.0397 as of Sep. 21, 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.

Is Baiksan Co (XKRX:035150) Overvalued in 2026?

Based on GuruFocus' analysis, Baiksan Co stock appears to be undervalued. The current stock price of ₩10,600.00 is trading 31.9% below its estimated GF Value™ of ₩15,571.14. GuruFocus considers Baiksan Co to be Significantly Undervalued.

Key valuation signals for XKRX:035150:

  • Beta: -0.0397
  • GF Value™: ₩15,571.14 vs. price of ₩10,600.00 (31.9% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the XKRX:035150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baiksan Co Business Description

Address 47, Gongdan 1-daero 27beongil, Gyeonggi-do, Siheung-si, KOR, 429-450
Baiksan Co Ltd is a South Korea-based company engaged in the industry of artificial leather manufacturing, finance, trade, and clothing production and export. Along with subsiidary the company manufactures and sells synthetic leather using polyurethane synthetic resin and non-woven fabric as foaming agents. The main uses of polyurethane synthetic leather are diverse, ranging from shoes, clothing, and bags to balls, sporting goods, electronic product cases, furniture, automobile interior materials, and miscellaneous goods, and the demand continues to increase as the use develops.
82GF Score

Get the complete analysis for XKRX:035150

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₩10,600.00
Price
₩15,571.14
GF Value