Australian Adventure Tourism Group (XNEC:AAT) Beta: 0.0499 (As of Jul. 29, 2026)

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What is Australian Adventure Tourism Group Beta?

Australian Adventure Tourism Group XNEC:AAT Beta is 0.0499 as of Jul. 29, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-29), Australian Adventure Tourism Group's Beta is 0.0499.

Australian Adventure Tourism Group  (XNEC:AAT) 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)

Australian Adventure Tourism Group Beta Related Terms

Australian Adventure Tourism Group Beta Historical Data

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The historical data trend for Australian Adventure Tourism Group'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.

Australian Adventure Tourism Group Beta Chart

Australian Adventure Tourism Group Annual Data
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Australian Adventure Tourism Group Semi-Annual Data
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XNEC:AAT vs : Beta Comparison

For the Resorts & Casinos subindustry, Australian Adventure Tourism Group'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.

Australian Adventure Tourism Group Beta vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Australian Adventure Tourism Group's Beta distribution charts can be found below:

* The bar in red indicates where Australian Adventure Tourism Group's Beta falls into.


Australian Adventure Tourism Group 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 0.0499 mean?
Australian Adventure Tourism Group (XNEC:AAT) has a Beta of 0.0499 as of Jul. 29, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Australian Adventure Tourism Group and its competitors.
Is Australian Adventure Tourism Group's Beta too high?
Australian Adventure Tourism Group's current Beta is 0.0499.
How does Australian Adventure Tourism Group's Beta compare to ?
Australian Adventure Tourism Group's Beta of 0.0499 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Beta depends on the Travel & Leisure 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 Australian Adventure Tourism Group and its competitors. Australian Adventure Tourism Group's current Beta is 0.0499. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Adventure Tourism Group stock overvalued right now?
Australian Adventure Tourism Group (XNEC:AAT) has a current Beta of 0.0499. The current Beta is 0.0499. 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 Australian Adventure Tourism Group (XNEC:AAT), the current Beta is 0.0499 as of Jul. 29, 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.

Australian Adventure Tourism Group Business Description

Comparable Companies
Address 366 Shute Harbour Road, PO Box 313, Brisbane, QLD, AUS, 4802
Australian Adventure Tourism Group Ltd is an Australian-based company. It owns and operates the Magnums Backpacker Resort at Airlie Beach. The company operates through three segments, namely, Tourism & Hospitality Services; Property, and Investments. It generates revenue through the Tourism & Hospitality Services segment.