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.
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 for today is 28.74.
The historical rank and industry rank for Top Standard's EV-to-FCF or its related term are showing as below:
HKSE:08510'
s EV-to-FCF Range Over the Past 10 Years
Min: -22.24 Med: -2.27 Max: 101.98
Current: 28.74
During the past 10 years, the highest EV-to-FCF of Top Standard was 101.98. The lowest was -22.24. And the median was -2.27.
HKSE:08510's EV-to-FCF is ranked worse than 69.12% of 272
companies
in the Restaurants industry
Industry Median: 17.765
vs HKSE:08510: 28.74
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.
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 Standard's PE Ratio (TTM) for today is calculated as:
Top Standard's share price for today is HK$0.176.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Top Standard's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.005.
* 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 Standard EV-to-FCF Related Terms
Top Standard EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Top Standard'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.
HKSE:08510 vs MCD, SBUX, CMG: EV-to-FCF Comparison
For the Restaurants subindustry, Top Standard'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 Standard EV-to-FCF vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Top Standard's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Top Standard's EV-to-FCF falls into.
Top Standard's current Enterprise Value is HK$37.31 Mil.
For company reported semi-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 (HKSE:08510) has a EV-to-FCF of 28.74 as of Sep. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Top Standard and its competitors. According to the industry distribution chart, Top Standard ranks #188 out of 272 companies in the Restaurants industry, placing it in the top 69.1%.
Is Top Standard's EV-to-FCF too high?
Top Standard's current EV-to-FCF is 28.74. The Restaurants industry median EV-to-FCF is 17.77. Top Standard's value of 28.74 is 61.8% above this industry median. Based on the distribution chart, Top Standard ranks #188 out of 272 companies in the Restaurants industry, which is below the industry midpoint. 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 EV-to-FCF compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Top Standard ranks #188 out of 272 companies for EV-to-FCF. This places Top Standard in the lower half of its industry. The industry median EV-to-FCF is 17.77. Top Standard's value of 28.74 is 61.8% above this benchmark. 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 Restaurants company?
The median EV-to-FCF among Restaurants companies is 17.77, based on 272 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 Standard's current EV-to-FCF of 28.74 is 61.8% 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 Standard and its competitors. For the Restaurants industry, the median EV-to-FCF is 17.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Standard's current EV-to-FCF is 28.74. 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 EV-to-FCF is 28.74 and 61.8% above the Restaurants industry median of 17.77. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Top Standard (HKSE:08510), the current EV-to-FCF is 28.74 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:
EV-to-FCF: 28.74
GF Value™: HK$0.17 vs. price of HK$0.18 (3.5% above fair value)
Industry Position: 61.8% above the Restaurants median (#188 of 272)
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
EV-to-FCF 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 
