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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-05), Binect AG's Beta is 0.5600.
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)
Binect AG Beta Related Terms
Binect AG Beta Historical Data
* Premium members only.
The historical data trend for Binect AG'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.
For the Software - Application subindustry, Binect AG'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.
Binect AG Beta vs Software Industry
For the Software industry and Technology sector, Binect AG's Beta distribution charts can be found below:
* The bar in red indicates where Binect AG's Beta falls into.
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.
Binect AG (XTER:MA10) has a Beta of 0.5600 as of Aug. 05, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Binect AG and its competitors.
Is Binect AG's Beta too high?
Binect AG's current Beta is 0.5600. Overall, Binect AG has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Binect AG's Beta compare to QH and SHOP?
Binect AG's Beta of 0.5600 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 Binect AG and its competitors. Binect AG's current Beta is 0.5600. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binect AG stock overvalued right now?
Based on GuruFocus' analysis, Binect AG (XTER:MA10) is currently considered Significantly Undervalued. The stock's GF Value™ is €3.41, compared to a current price of €1.74 — trading 49% below its estimated fair value. The current Beta is 0.5600. Binect AG's overall GF Score™ is 66/100 with 7 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 Binect AG (XTER:MA10), the current Beta is 0.5600 as of Aug. 05, 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 Binect AG (XTER:MA10) Overvalued in 2026?
Based on GuruFocus' analysis, Binect AG stock appears to be undervalued.
The current stock price of €1.74 is trading 49% below its estimated GF Value™ of €3.41.
GuruFocus considers Binect AG to be Significantly Undervalued.
Key valuation signals for XTER:MA10:
Beta: 0.5600
GF Value™: €3.41 vs. price of €1.74 (49% below fair value)
No single metric tells the full story. See the XTER:MA10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Binect AG is a German management holding company. Along with its subsidiaries, it is engaged in the digitization of document-based business communication. The group digitizes all processes of document incoming and outgoing communication, such as contracts and invoices, with its solutions and the Binect ONE platform. Binect is also focused on venturing into the field of Intelligent Document Processing (IDP), which involves, among other things, using self-learning software components to process document content and transform it into digitally usable and processable data. The group develops and integrates its digital modules and solutions for medium-sized businesses, government agencies, and other institutions.
66GF 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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