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Excellence Commercial Property & Facilities Management Group (HKSE:06989) Beta : 1.80 (As of May. 25, 2024)


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What is Excellence Commercial Property & Facilities Management Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-25), Excellence Commercial Property & Facilities Management Group's Beta is 1.80.


Excellence Commercial Property & Facilities Management Group Beta Historical Data

The historical data trend for Excellence Commercial Property & Facilities Management 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.

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Excellence Commercial Property & Facilities Management Group Beta Chart

Excellence Commercial Property & Facilities Management Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial - - - - 1.89

Excellence Commercial Property & Facilities Management Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 1.89

Competitive Comparison of Excellence Commercial Property & Facilities Management Group's Beta

For the Real Estate Services subindustry, Excellence Commercial Property & Facilities Management 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.


Excellence Commercial Property & Facilities Management Group's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Excellence Commercial Property & Facilities Management Group's Beta distribution charts can be found below:

* The bar in red indicates where Excellence Commercial Property & Facilities Management Group's Beta falls into.



Excellence Commercial Property & Facilities Management 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.


Excellence Commercial Property & Facilities Management Group  (HKSE:06989) 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)


Excellence Commercial Property & Facilities Management Group Beta Related Terms

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Excellence Commercial Property & Facilities Management Group (HKSE:06989) Business Description

Traded in Other Exchanges
N/A
Address
Fuhua Third Road, 38Ath Floor, Tower 4, Excellence Century Center, Futian District, Guangdong Province, Shenzhen, CHN, 518000
Excellence Commercial Property & Facilities Management Group Ltd is a commercial property management service provider in China. The company's projects included commercial properties, public and industrial properties, and residential properties. It operates in three segments namely Finance services, Other services, and Property management services that provide basic property management services or system supply and installation services to property developers, property owners, and tenants, and value-added services to such customers, including asset services which includes preliminary property consulting services, property leasing and sales agency services, asset-light property operation services and space operation services, and corporate services.
Executives
Xiao Xingping 2202 Interest of your spouse
Li Xiaoping 2101 Beneficial owner
Li Wa 2201 Interest of corporation controlled by you
Oriental Rich Holdings Group Limited 2201 Interest of corporation controlled by you
Urban Hero Investments Limited 2101 Beneficial owner
Ever Rainbow Holdings Limited 2101 Beneficial owner
Autumn Riches Limited 2101 Beneficial owner
Li Yuan 2201 Interest of corporation controlled by you

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