# TOP Financial Group Limited (TOP) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Financial Services / Capital Markets. Price $10.91, market value $1.3 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). TOP Financial Group Limited 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: 219.3×**. Each dollar of revenue is priced at 219.3×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 11.5×**. The shares trade at 11.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.

## Profitability
- **Operating margin: 1.3%**. 1.3% of revenue is left after running the business, which leaves little cushion in a downturn.
- **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: 0.4%**. Each dollar of assets produces 0.4% 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 does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 805.0%** (YTD 980.6%, 3-mo 3.2%). The shares are up 805.0% over twelve months including dividends.
- **From 52-week high: -37.4%** (256.5% above the low). Trading 37% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 29**. An RSI of 29 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 4.30** (volatility 420%). Beta of 4.30 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.