# TOP Financial Group Limited Class A (TOP) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Capital Markets. Price $14.99, market value $1.9 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). TOP Financial Group Limited Class A reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 392.6×**. Each dollar of revenue is priced at 392.6×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 16.4×**. The shares trade at 16.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 0.7%** (5-yr avg 7.2%). Free cash flow equals 0.7% of the market value, below its five-year average of 7.2%, so the shares are pricier on cash than usual.

## Profitability
- **Operating margin: -24.9%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -24.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -3.4%**. Return on equity is negative because earnings are negative.
- **Return on assets: -1.4%**. Each dollar of assets produces -1.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 41.9%** (3-yr -21.3%/yr, 5-yr -22.5%/yr). Revenue grew 41.9% over the last year, against -22.5% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 81.3%**. Earnings per share rose 81.3%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. TOP Financial Group Limited Class A does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 1192.2%** (YTD 1391.5%, 3-mo 1399.0%). The shares are up 1192.2% over twelve months including dividends.
- **From 52-week high: -13.9%** (389.9% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 67**. An RSI of 67 is neutral.
- **Beta (1 yr): 4.19** (volatility 423%). Beta of 4.19 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TOP · Page: https://foliofundamentals.com/stocks/top

Not investment advice.