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TOP Financial GroupTOP +5.86%61 EV-to-FCF is 98.86 as of Aug. 10, 2026, which is 11008% above its 10-year median of 0.89. GuruFocus rates TOP with a GF Score™ of 61/100 and a GF Value™ of $7.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 436 Capital Markets companies, TOP Financial Group ranks worse than 91.06% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TOP Financial Group's Enterprise Value is $1,386.15 Mil.
TOP Financial Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $14.02 Mil. Therefore, TOP Financial Group's EV-to-FCF for today is 98.86.
The historical rank and industry rank for TOP Financial Group's EV-to-FCF or its related term are showing as below:
TOP'
s EV-to-FCF Range Over the Past 10 Years
Min: -601.79 Med: 0.89 Max: 1280.14
Current: 98.86
During the past 7 years, the highest EV-to-FCF of TOP Financial Group was 1280.14. The lowest was -601.79. And the median was 0.89.
TOP's EV-to-FCF is ranked worse than 91.06% of 436
companies
in the Capital Markets industry
Industry Median: 9.8
vs TOP: 98.86
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
TOP Financial Group (NAS:TOP) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
TOP Financial Group's PE Ratio (TTM) for today is calculated as:
TOP Financial Group's share price for today is $11.29.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TOP Financial Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.150.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
TOP Financial Group EV-to-FCF Related Terms
TOP Financial Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for TOP Financial Group's EV-to-FCF 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 Capital Markets subindustry, TOP Financial Group's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
TOP Financial Group EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, TOP Financial Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where TOP Financial Group's EV-to-FCF falls into.
TOP Financial Group's current Enterprise Value is $1,386.15 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TOP Financial Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $14.02 Mil.
* 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.
TOP Financial Group (TOP) has a EV-to-FCF of 98.86 as of Aug. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TOP Financial Group and its competitors. This is 11008% above median its historical median of 0.89. According to the industry distribution chart, TOP Financial Group ranks #397 out of 436 companies in the Capital Markets industry, placing it in the top 91.1%.
Is TOP Financial Group's EV-to-FCF too high?
TOP Financial Group's current EV-to-FCF of 98.86 is 11008% above median its 10-year median of 0.89. The Capital Markets industry median EV-to-FCF is 9.80. TOP Financial Group's value of 98.86 is 908.8% above this industry median. Based on the distribution chart, TOP Financial Group ranks #397 out of 436 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, TOP Financial Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOP Financial Group's EV-to-FCF compare to SBET and PURR?
According to the Capital Markets industry distribution chart, TOP Financial Group ranks #397 out of 436 companies for EV-to-FCF. This places TOP Financial Group in the lower half of its industry. The industry median EV-to-FCF is 9.80. TOP Financial Group's value of 98.86 is 908.8% above this benchmark. While the company's 10-year median is 0.89 vs. the industry median of 9.80, TOP Financial Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.80, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TOP Financial Group's current EV-to-FCF of 98.86 is 908.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TOP Financial Group and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOP Financial Group's current EV-to-FCF is 98.86, which is 11008% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOP Financial Group stock overvalued right now?
Based on GuruFocus' analysis, TOP Financial Group (TOP) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.62, compared to a current price of $11.29 — trading 48.2% above its estimated fair value. The current EV-to-FCF is 98.86, which is 11008% above median its 10-year median of 0.89 and 908.8% above the Capital Markets industry median of 9.80. TOP Financial Group's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For TOP Financial Group (TOP), the current EV-to-FCF is 98.86 as of Aug. 10, 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 TOP Financial Group (TOP) Overvalued in 2026?
Based on GuruFocus' analysis, TOP Financial Group stock appears to be overvalued.
The current stock price of $11.29 is trading 48.2% above its estimated GF Value™ of $7.62.
GuruFocus considers TOP Financial Group to be Significantly Overvalued.
Key valuation signals for TOP:
EV-to-FCF: 98.86 (11008% above median its 10-year median of 0.89)
GF Value™: $7.62 vs. price of $11.29 (48.2% above fair value)
Industry Position: 908.8% above the Capital Markets median (#397 of 436)
No single metric tells the full story. See the TOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in trading local and overseas equities, futures, and options products. The Company generates brokerage commission income by enabling its customers to trade on multiple exchanges present globally. The company operates in only one segment which is the futures brokerage service.
61GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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