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 KingWin's Enterprise Value is $-8.58 Mil.
Top KingWin's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-24.24 Mil. Therefore, Top KingWin's EV-to-EBIT ratio for today is 0.35.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Top KingWin's Enterprise Value is $-8.58 Mil.
Top KingWin's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $-24.03 Mil. Therefore, Top KingWin's EV-to-EBITDA ratio for today is 0.36.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Top KingWin's Enterprise Value is $-8.58 Mil.
Top KingWin's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $8.04 Mil. Therefore, Top KingWin's EV-to-Revenue ratio for today is -1.07.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Top KingWin's Enterprise Value is $-8.58 Mil.
Top KingWin's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.31 Mil. Therefore, Top KingWin's EV-to-FCF ratio for today is 6.57.
*** 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 KingWin (NAS:WAI) 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 KingWin's current Enterprise Value is $-8.58 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top KingWin's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-24.24 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Top KingWin's current Enterprise Value is $-8.58 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top KingWin's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $-24.03 Mil.
Top KingWin's current Enterprise Value is $-8.58 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top KingWin's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $8.04 Mil.
Top KingWin's current Enterprise Value is $-8.58 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top KingWin's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.30 Mil.
Top KingWin's current Enterprise Value is $-8.58 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Top KingWin's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.31 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 KingWin Enterprise Value Related Terms
Top KingWin Enterprise Value Historical Data
* Premium members only.
The historical data trend for Top KingWin'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.
WAI vs PMAX, LMFA, ITEX: Enterprise Value Comparison
For the Capital Markets subindustry, Top KingWin'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 KingWin Enterprise Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Top KingWin's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Top KingWin'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 KingWin'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.
Top KingWin (WAI) has a Enterprise Value of $-8.58 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Top KingWin and its competitors.
Is Top KingWin's Enterprise Value too high?
Top KingWin's current Enterprise Value is $-8.58 Mil. Overall, Top KingWin has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Top KingWin's Enterprise Value compare to PMAX and LMFA?
Top KingWin's Enterprise Value of $-8.58 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Enterprise Value depends on the Capital Markets 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 KingWin and its competitors. Top KingWin's current Enterprise Value is $-8.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top KingWin stock overvalued right now?
Based on GuruFocus' analysis, Top KingWin (WAI) is currently considered Possible Value Trap. The stock's GF Value™ is $19.48, compared to a current price of $1.91 — trading 90.2% below its estimated fair value. The current Enterprise Value is $-8.58 Mil. Top KingWin's overall GF Score™ is 49/100 with 7 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 KingWin (WAI), the current Enterprise Value is $-8.58 Mil as of Jun. 26, 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 KingWin (WAI) Overvalued in 2026?
Based on GuruFocus' analysis, Top KingWin stock appears to be undervalued.
The current stock price of $1.91 is trading 90.2% below its estimated GF Value™ of $19.48.
GuruFocus considers Top KingWin to be Possible Value Trap.
Key valuation signals for WAI:
Enterprise Value: $-8.58 Mil
GF Value™: $19.48 vs. price of $1.91 (90.2% below fair value)
No single metric tells the full story. See the WAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top KingWin Ltd is an offshore holding company. The company provides business services mainly to small and medium-sized enterprises, focusing on corporate training related to capital markets, business planning, and fundraising awareness, including guidance on public listing processes and regulatory basics. It also offers corporate consulting, advisory, and transaction services that are customized to clients' fundraising and strategic financial needs, often delivered as bundled or modular solutions. In addition, the company has expanded into selling AI-related devices for data collection and analysis as well as robots with interactive and multi-scenario capabilities, and it has also started limited overseas operations through a subsidiary in the United States.
49GF Score
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