Canada Global (TR) (XTAE:CNGL) Beta: 0.1971 (As of Sep. 09, 2026)

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XTAE:CNGL Canada Global (TR) Ltd XTAE:CNGL
14 GF Score
Price ₪9.56
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What is Canada Global (TR) Beta?

Canada Global (TR) XTAE:CNGL +6.40% 14 Beta is 0.1971 as of Sep. 09, 2026. GuruFocus rates XTAE:CNGL with a GF Score™ of 14/100. 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 (2026-09-09), Canada Global (TR)'s Beta is 0.1971.

Canada Global (TR)  (XTAE:CNGL) 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)

Canada Global (TR) Beta Related Terms

Canada Global (TR) Beta Historical Data

* Premium members only.

The historical data trend for Canada Global (TR)'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.

Canada Global (TR) Beta Chart

Canada Global (TR) 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 -0.09 -64.90 -102.76 -92.29 0.11

Canada Global (TR) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 -92.28 -92.29 -100.29 0.11 0.11

XTAE:CNGL vs PWR, FIX, EME: Beta Comparison

For the Engineering & Construction subindustry, Canada Global (TR)'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.

Canada Global (TR) Beta vs Construction Industry

For the Construction industry and Industrials sector, Canada Global (TR)'s Beta distribution charts can be found below:

* The bar in red indicates where Canada Global (TR)'s Beta falls into.


XTAE:CNGL
14GF Score
Canada Global (TR) Ltd XTAE:CNGL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Canada Global (TR) 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 0.1971 mean?
Canada Global (TR) (XTAE:CNGL) has a Beta of 0.1971 as of Sep. 09, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Canada Global (TR) and its competitors.
Is Canada Global (TR)'s Beta too high?
Canada Global (TR)'s current Beta is 0.1971. Overall, Canada Global (TR) has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Canada Global (TR)'s Beta compare to PWR and FIX?
Canada Global (TR)'s Beta of 0.1971 can be compared against companies in the Construction 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 Construction company?
A good Beta depends on the Construction 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 Canada Global (TR) and its competitors. Canada Global (TR)'s current Beta is 0.1971. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Global (TR) stock overvalued right now?
Canada Global (TR) (XTAE:CNGL) has a current Beta of 0.1971. The current Beta is 0.1971. Canada Global (TR)'s overall GF Score™ is 14/100 with 5 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 Canada Global (TR) (XTAE:CNGL), the current Beta is 0.1971 as of Sep. 09, 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.

Canada Global (TR) Business Description

Address The Cranes, 2 Herzliya, Herzliya, ISR, 4672553
Canada Global (TR) Ltd provides a range of engineering solutions for residential, commercial, and public building projects as well as for various infrastructures in Israel. Its activities include initiating, acquiring, planning, constructing, and marketing projects.
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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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