TOP Financial Group Limited TOP NASDAQ

NASDAQ Capital Marke • Financial Services • Financial - Capital Markets • HK • USD

SharesGrow Score

40/100

1/5 Pass

SharesGrow Intrinsic Value

$3.24

+309.6%

SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

TOP Financial Group Limited (TOP) has a negative trailing P/E of -5.4, meaning the company is currently unprofitable on a trailing twelve-month (TTM) basis. Trailing earnings yield is -18.58%.

Criteria proven by this page:

VALUE (0/100, Fail) — negative P/E indicates the company is currently operating at a loss — DCF and P/E-based valuation models cannot produce meaningful results for unprofitable companies (P/E -5.4); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY -18.58%).
Trailing Earnings Yield -18.58% — negative yield confirms the company is currently unprofitable. Investors are paying for a turnaround rather than current earnings.

Overall SharesGrow Score: 38/100 with 1/7 criteria passed.

SharesGrow 7-Criteria Score

40/100

SG Score

View full scorecard →

—

VALUE

N/A

No coverage

—

FUTURE

N/A

No coverage

PAST

75/100

→ Income

✓

HEALTH

100/100

Debt-to-Equity & liquidity

→ Health

✗

MOAT

0/100

→ Income

✗

GROWTH

15/100

→ Income

✗

INCOME

10/100

→ Income

Valuation Snapshot — TOP

Valuation Multiples

P/E (TTM)-5.4

Forward P/EN/A

PEG RatioN/A

Forward PEGN/A

P/B Ratio0.82

P/S Ratio6.59

EV/EBITDA-0.9

Per Share Data

EPS (TTM)$-0.14

Book Value / Share$0.94

Revenue / Share$0.12

FCF / Share$0.03

Yields & Fair Value

Earnings Yield-18.58%

Dividend Yield0.00%

SharesGrow IV$3.24 (+309.6%)

Historical Valuation

Year	P/E (TTM)	PEG Ratio	P/B Ratio	P/S Ratio	Dividend Yield
2019	661.2	0.00	188.44	78.77	-
2020	239.2	1.36	94.47	36.81	-
2021	120.4	1.24	89.93	35.93	0.86%
2022	174.0	-5.76	59.58	77.67	-
2023	57.7	-93.94	5.45	20.22	-
2024	86.0	-1.29	2.23	11.25	-
2025	-7.7	0.01	1.32	13.79	-

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year	EPS (Diluted)	Revenue	Net Income	Net Margin
2019	$0.03	$10.78M	$1.28M	11.9%
2020	$0.07	$16.5M	$2.54M	15.4%
2021	$0.14	$16.91M	$5.04M	29.8%
2022	$0.10	$7.82M	$3.49M	44.6%
2023	$0.10	$9.7M	$3.4M	35%
2024	$0.03	$8.04M	$1.05M	13.1%
2025	$-0.16	$3.33M	$-5.97M	-179.3%