5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
TOP Financial Group's 5-Year ROIIC % for the quarter that ended in Mar. 2025 was -40.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TOP Financial Group's 5-Year ROIIC % or its related term are showing as below:
TOP's 5-Year ROIIC % is ranked worse than 89.05% of 621
companies
in the Capital Markets industry
Industry Median: 2.32
vs TOP: -40.25
TOP Financial Group (NAS:TOP) 5-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
TOP Financial Group 5-Year ROIIC % Related Terms
TOP Financial Group 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for TOP Financial Group's 5-Year ROIIC % 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 vs NCTY, AURE, SIEB: 5-Year ROIIC % Comparison
For the Capital Markets subindustry, TOP Financial Group's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % 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 5-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, TOP Financial Group's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TOP Financial Group's 5-Year ROIIC % falls into.
TOP Financial Group's 5-Year ROIIC % for the quarter that ended in Mar. 2025 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( -5.567 (Mar. 2025) - 2.5400646 (Mar. 2020) )
/
( 22.929 (Mar. 2025) - 2.789 (Mar. 2020) )
=
-8.1070646
/
20.14
=
-40.25%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
TOP Financial Group (TOP) has a 5-Year ROIIC % of -40.25 as of Mar. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on TOP Financial Group and its competitors. According to the industry distribution chart, TOP Financial Group ranks #553 out of 621 companies in the Capital Markets industry, placing it in the top 89%.
Is TOP Financial Group's 5-Year ROIIC % too high?
TOP Financial Group's current 5-Year ROIIC % is -40.25. Based on the distribution chart, TOP Financial Group ranks #553 out of 621 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, TOP Financial Group has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOP Financial Group's 5-Year ROIIC % compare to NCTY and AURE?
According to the Capital Markets industry distribution chart, TOP Financial Group ranks #553 out of 621 companies for 5-Year ROIIC %. This places TOP Financial Group in the lower half of its industry. The industry median 5-Year ROIIC % is 2.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Capital Markets company?
The median 5-Year ROIIC % among Capital Markets companies is 2.32, based on 621 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on TOP Financial Group and its competitors. For the Capital Markets industry, the median 5-Year ROIIC % is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOP Financial Group's current 5-Year ROIIC % is -40.25. 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 Modestly Overvalued. The stock's GF Value™ is $1.45, compared to a current price of $1.67 — trading 15.2% above its estimated fair value. The current 5-Year ROIIC % is -40.25. TOP Financial Group's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For TOP Financial Group (TOP), the current 5-Year ROIIC % is -40.25 as of Mar. 2025. 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 $1.67 is trading 15.2% above its estimated GF Value™ of $1.45.
GuruFocus considers TOP Financial Group to be Modestly Overvalued.
Key valuation signals for TOP:
5-Year ROIIC %: -40.25
GF Value™: $1.45 vs. price of $1.67 (15.2% above fair value)
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.
65GF Score
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