Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Top Standard's Enterprise Value is HK$37.31 Mil.
Top Standard's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.05 Mil. Therefore, Top Standard's EV-to-EBIT ratio for today is -811.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Top Standard's Enterprise Value is HK$37.31 Mil.
Top Standard's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.41 Mil. Therefore, Top Standard's EV-to-EBITDA ratio for today is 90.12.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Top Standard's Enterprise Value is HK$37.31 Mil.
Top Standard's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$19.71 Mil. Therefore, Top Standard's EV-to-Revenue ratio for today is 1.89.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Top Standard's Enterprise Value is HK$37.31 Mil.
Top Standard's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1.30 Mil. Therefore, Top Standard's EV-to-FCF ratio for today is 28.74.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Top Standard (HKSE:08510) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Top Standard's current Enterprise Value is HK$37.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top Standard's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.05 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Top Standard's current Enterprise Value is HK$37.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top Standard's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.41 Mil.
Top Standard's current Enterprise Value is HK$37.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top Standard's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was HK$19.71 Mil.
Top Standard's current Enterprise Value is HK$37.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top Standard's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1.30 Mil.
Top Standard's current Enterprise Value is HK$37.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top Standard's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1.30 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 Standard Enterprise Value Related Terms
Top Standard Enterprise Value Historical Data
* Premium members only.
The historical data trend for Top Standard's Enterprise Value 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.
HKSE:08510 vs MCD, SBUX, CMG: Enterprise Value Comparison
For the Restaurants subindustry, Top Standard's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Standard Enterprise Value vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Top Standard's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Top Standard's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Top Standard's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Enterprise Value of HK$37.31 Mil mean?
Top Standard (HKSE:08510) has a Enterprise Value of HK$37.31 Mil as of Sep. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Top Standard and its competitors.
Is Top Standard's Enterprise Value too high?
Top Standard's current Enterprise Value is HK$37.31 Mil. Overall, Top Standard has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Top Standard's Enterprise Value compare to MCD and SBUX?
Top Standard's Enterprise Value of HK$37.31 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Restaurants company?
A good Enterprise Value depends on the Restaurants industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Top Standard and its competitors. Top Standard's current Enterprise Value is HK$37.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Standard stock overvalued right now?
Based on GuruFocus' analysis, Top Standard (HKSE:08510) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.18 — trading 3.5% above its estimated fair value. The current Enterprise Value is HK$37.31 Mil. Top Standard's overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Top Standard (HKSE:08510), the current Enterprise Value is HK$37.31 Mil as of Sep. 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 Top Standard (HKSE:08510) Overvalued in 2026?
Based on GuruFocus' analysis, Top Standard stock appears to be overvalued.
The current stock price of HK$0.18 is trading 3.5% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Top Standard to be Fairly Valued.
Key valuation signals for HKSE:08510:
Enterprise Value: HK$37.31 Mil
GF Value™: HK$0.17 vs. price of HK$0.18 (3.5% above fair value)
No single metric tells the full story. See the HKSE:08510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Standard Corp is an investment holding company. Along with its subsidiaries, it is engaged in operating restaurants and bars in Hong Kong and Southeast Asia, and online sales of wines. The group has two operating and reportable segments: catering service and online sales of wines. The majority of its revenue comes from food catering services, which include food and beverages served. Geographically, the group generates maximum revenue from Malaysia, and also has a presence in Hong Kong and Singapore.
37GF Score
Get the complete analysis for HKSE:08510
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:08510 has been successfully added to your 
