Top Score Fashion Co (SHSE:603608) EV-to-FCF: 65.53 (As of Sep. 20, 2026) — 143% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:603608 Top Score Fashion Co Ltd SHSE:603608
45 GF Score
Price ¥21.10
GF Value ¥5.12
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Top Score Fashion Co EV-to-FCF?

Top Score Fashion Co SHSE:603608 -0.52% 45 EV-to-FCF is 65.53 as of Sep. 20, 2026, which is 143% above its 10-year median of 27.01. GuruFocus rates SHSE:603608 with a GF Score™ of 45/100 and a GF Value™ of ¥5.12 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 643 Manufacturing - Apparel & Accessories companies, Top Score Fashion Co ranks worse than 86.31% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Top Score Fashion Co's Enterprise Value is ¥8,663 Mil. Top Score Fashion Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ¥132 Mil. Therefore, Top Score Fashion Co's EV-to-FCF for today is 65.53.

The historical rank and industry rank for Top Score Fashion Co's EV-to-FCF or its related term are showing as below:

SHSE:603608' s EV-to-FCF Range Over the Past 10 Years
Min: -15.26   Med: 27.01   Max: 3469.57
Current: 65.53

During the past 13 years, the highest EV-to-FCF of Top Score Fashion Co was 3469.57. The lowest was -15.26. And the median was 27.01.

SHSE:603608's EV-to-FCF is ranked worse than
86.31% of 643 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 15.04 vs SHSE:603608: 65.53

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.

As of today (2026-09-20), Top Score Fashion Co's stock price is ¥21.10. Top Score Fashion Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥0.092. Therefore, Top Score Fashion Co's PE Ratio (TTM) for today is 229.35.


Top Score Fashion Co  (SHSE:603608) 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 Score Fashion Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.10/0.092
=229.35

Top Score Fashion Co's share price for today is ¥21.10.
Top Score Fashion Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.092.

* 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 Score Fashion Co EV-to-FCF Related Terms


Top Score Fashion Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Top Score Fashion Co'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.

Top Score Fashion Co EV-to-FCF Chart

Top Score Fashion Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.59 210.69 20.95 42.82 22.56

Top Score Fashion Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.10 23.49 22.56 24.47 65.13

SHSE:603608 vs NKE, DECK, ONON: EV-to-FCF Comparison

For the Footwear & Accessories subindustry, Top Score Fashion Co'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 Score Fashion Co EV-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Top Score Fashion Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Top Score Fashion Co's EV-to-FCF falls into.


SHSE:603608
45GF Score
Top Score Fashion Co Ltd SHSE:603608
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Score Fashion Co EV-to-FCF Calculation

Top Score Fashion Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=8663.008/132.2032
=65.53

Top Score Fashion Co's current Enterprise Value is ¥8,663 Mil.
Top Score Fashion Co's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥132 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 65.53 mean?
Top Score Fashion Co (SHSE:603608) has a EV-to-FCF of 65.53 as of Sep. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Top Score Fashion Co and its competitors. This is 143% above median its historical median of 27.01. According to the industry distribution chart, Top Score Fashion Co ranks #555 out of 643 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.3%.
Is Top Score Fashion Co's EV-to-FCF too high?
Top Score Fashion Co's current EV-to-FCF of 65.53 is 143% above median its 10-year median of 27.01. The Manufacturing - Apparel & Accessories industry median EV-to-FCF is 15.04. Top Score Fashion Co's value of 65.53 is 335.7% above this industry median. Based on the distribution chart, Top Score Fashion Co ranks #555 out of 643 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Top Score Fashion Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top Score Fashion Co's EV-to-FCF compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Top Score Fashion Co ranks #555 out of 643 companies for EV-to-FCF. This places Top Score Fashion Co in the lower half of its industry. The industry median EV-to-FCF is 15.04. Top Score Fashion Co's value of 65.53 is 335.7% above this benchmark. While the company's 10-year median is 27.01 vs. the industry median of 15.04, Top Score Fashion Co 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 Manufacturing - Apparel & Accessories company?
The median EV-to-FCF among Manufacturing - Apparel & Accessories companies is 15.04, based on 643 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 Score Fashion Co's current EV-to-FCF of 65.53 is 335.7% 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 Score Fashion Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-FCF is 15.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Score Fashion Co's current EV-to-FCF is 65.53, which is 143% above median its own 10-year median of 27.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Score Fashion Co stock overvalued right now?
Based on GuruFocus' analysis, Top Score Fashion Co (SHSE:603608) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.12, compared to a current price of ¥21.10 — trading 312.1% above its estimated fair value. The current EV-to-FCF is 65.53, which is 143% above median its 10-year median of 27.01 and 335.7% above the Manufacturing - Apparel & Accessories industry median of 15.04. Top Score Fashion Co's overall GF Score™ is 45/100 with 2 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 Score Fashion Co (SHSE:603608), the current EV-to-FCF is 65.53 as of Sep. 20, 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 Score Fashion Co (SHSE:603608) Overvalued in 2026?

Based on GuruFocus' analysis, Top Score Fashion Co stock appears to be overvalued. The current stock price of ¥21.10 is trading 312.1% above its estimated GF Value™ of ¥5.12. GuruFocus considers Top Score Fashion Co to be Significantly Overvalued.

Key valuation signals for SHSE:603608:

  • EV-to-FCF: 65.53 (143% above median its 10-year median of 27.01)
  • GF Value™: ¥5.12 vs. price of ¥21.10 (312.1% above fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 335.7% above the Manufacturing - Apparel & Accessories median (#555 of 643)

No single metric tells the full story. See the SHSE:603608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Score Fashion Co Business Description

Address No. 31, Yinsha Street, Dongyong Town, Nansha District, Guangdon, Guangzhou, CHN
Top Score Fashion Co Ltd provides women's footwear products primarily in China. It offers leather, fur, and feather footwear products under the KISSCAT, Kiss Kitty, ZSAZSAZSU, tigrisso, and Patricia brands.
45GF Score

Get the complete analysis for SHSE:603608

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥21.10
Price
¥5.12
GF Value