Synel M L L Payway (XTAE:SNEL) Beta: 0.6628 (As of Jul. 13, 2026)

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XTAE:SNEL Synel M L L Payway Ltd XTAE:SNEL
12 GF Score
Price ₪18.59
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What is Synel M L L Payway Beta?

Synel M L L Payway XTAE:SNEL 12 Beta is 0.6628 as of Jul. 13, 2026. GuruFocus rates XTAE:SNEL with a GF Score™ of 12/100.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-13), Synel M L L Payway's Beta is 0.6628.

Synel M L L Payway  (XTAE:SNEL) 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)

Synel M L L Payway Beta Related Terms

Synel M L L Payway Beta Historical Data

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The historical data trend for Synel M L L Payway'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.

Synel M L L Payway Beta Chart

Synel M L L Payway Annual Data
Trend
Beta

Synel M L L Payway Quarterly Data
Beta

XTAE:SNEL vs CRM, INTU, NOW: Beta Comparison

For the Software - Application subindustry, Synel M L L Payway'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.

Synel M L L Payway Beta vs Software Industry

For the Software industry and Technology sector, Synel M L L Payway's Beta distribution charts can be found below:

* The bar in red indicates where Synel M L L Payway's Beta falls into.


XTAE:SNEL
12GF Score
Synel M L L Payway Ltd XTAE:SNEL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Synel M L L Payway 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 0.6628 mean?
Synel M L L Payway (XTAE:SNEL) has a Beta of 0.6628 as of Jul. 13, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Synel M L L Payway and its competitors.
Is Synel M L L Payway's Beta too high?
Synel M L L Payway's current Beta is 0.6628. Overall, Synel M L L Payway has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Synel M L L Payway's Beta compare to CRM and INTU?
Synel M L L Payway's Beta of 0.6628 can be compared against companies in the Software 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 Software company?
A good Beta depends on the Software 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 Synel M L L Payway and its competitors. Synel M L L Payway's current Beta is 0.6628. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synel M L L Payway stock overvalued right now?
Synel M L L Payway (XTAE:SNEL) has a current Beta of 0.6628. The current Beta is 0.6628. Synel M L L Payway's overall GF Score™ is 12/100. 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 Synel M L L Payway (XTAE:SNEL), the current Beta is 0.6628 as of Jul. 13, 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.

Synel M L L Payway Business Description

Address 2 Hamada Street, POB 142, Yokneam, ISR
Synel M L L Payway Ltd is engaged in the development and production of data collection systems and solutions. It offers time and attendance terminals. It also provides access control products consisting of access keypad and stand alone controllers. It provides software and hardware solutions for the management of human resources in the organization which include payroll generation and attendance management, clearing pension funds, savings and investment, as well as intelligent management and analysis of physical security systems within the organization.
12GF Score

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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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