TOP Financial Group Limited

TOP Financial Capital Markets

TOP Financial Group Limited’s revenue for fiscal 2026 (year ended March 2026) was $4.7 million, up 41.9% from fiscal 2025.

13.40 0.11 +0.83%
Market cap
$1.6B
P/E
155×
Fwd P/E
—
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 1,640.00
Revenue 12.11
Net Income (1.18)
Free Cash Flow 26.72
Net Debt (45.71)
Current Ratio 2.65
Debt/Equity 0.02
P/E ratio 155.09 (above 35: high)
Fwd P/E —
P/S ratio 8.29
P/B ratio 2.71
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 446,059.84% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/B against its own 10 years 28.47%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 40 16 32 46
Receivables 9 13 34 21
Inventory — — — —
Other — — — —
53 41 79 148
2024 2025 2026 Q'26
Payables 10 11 49 54
ST’ Debt — — — —
Other — — — —
17 12 51 56

Compound Annual Growth %

10y 5y 3y
Sales — (22.51%) (21.31%)
Cash Flow — 26.47% 0.00%
Earnings — 0.00% 0.00%
Book Value — 38.36% (1.61%)

Revenue $m

Mar Jun Sep Dec Year
’26 — 1 — — —
’26 — 1 — — 5
’25 — — — — 3
’24 — — — — 8
’23 5 — 5 — 10
’22 — — — — 8
’21 — — — — 17
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — 6 — — —
’26 14 7 0 — 14
’25 (14) — (8) — (14)
’24 18 — 2 — 18
’23 (6) — (5) — (6)
’22 2 — — — 2
’21 4 — — — 4
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — 6 — — —
’26 13 7 0 — 13
’25 (14) — (8) — (14)
’24 18 — 2 — 18
’23 (6) — (5) — (6)
’22 1 — — — 1
’21 4 — — — 4
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — (0.02) — — —
’26 — 0.01 — — (0.15)
’25 — — — — (0.80)
’24 — — — — 0.16
’23 0.04 — 0.05 — 0.50
’22 — — — — 0.58
’21 — — — — 0.84
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low — — — — — 18.00 17.50 6.25 4.71 3.06

Analyst estimates 2027–2029

Powerpack
High — — — — — 254.85 1,282.20 38.85 16.65 17.42
People
People Employees — — — — 11 11 11 11 18 30
Revenue/emp, $m — — — 0.00 1.54 0.71 0.88 0.73 0.18 0.16
Income, $m
Income, $m Revenue — — — 17 17 8 10 8 3 5
Gross margin, % — — — 24.29 39.29 65.11 70.93 71.08 59.86 71.50
EBT — — — 3 5 4 3 1 (6) (1)
EBT margin, % — — — 15.74 30.26 45.78 35.37 12.29 (174.91) (24.92)
Net income — — — 3 5 3 3 1 (6) (1)
Depreciation — — — 0 0 0 0 0 0 0
Per share, $
Per share, $ Revenue — — — 0.46 2.82 1.30 1.42 1.25 0.45 0.64
Earnings — — — 0.07 0.84 0.58 0.57 0.16 (0.80) (0.15)
Cash flow — — — (0.02) 0.72 0.26 (0.88) 2.75 (1.95) 1.89
Capex — — — 0.00 0.00 (0.07) (0.01) 0.00 0.00 (0.10)
Free cash flow — — — (0.02) 0.72 0.20 (0.90) 2.75 (1.95) 1.79
Book value — — — 0.18 1.13 1.70 5.26 6.28 4.71 4.62
Shares, m — — — 36 6 6 7 6 7 7
Valuation, ×
Valuation, × P/E — — — 105.90 105.90 105.90 105.90 105.90 105.90 105.90
P/S — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/B — — — 0.00 0.00 0.00 27.26 12.09 6.22 0.90
EV/Sales — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/FCF — — — 0.00 0.00 0.00 (198.54) 50.18 (80.76) (0.18)
Cash, $m
Cash, $m Operating cash flow — — — (1) 4 2 (6) 18 (14) 14
Capex — — — — 0 0 0 0 0 (1)
Free cash flow — — — (1) 4 1 (6) 18 (14) 13
Balance, $m
Balance, $m Working capital — — — — 7 9 34 36 29 27
Total debt — — — — — 0 0 — — 1
Net debt — — — (5) (7) (9) (21) (40) (16) (32)
Shareholders’ equity — — — 6 7 10 36 41 35 34
Returns, %
Returns, % ROA — — — 0.00 42.84 28.92 12.55 2.15 (11.43) (1.76)
ROIC — — — 0.00 0.00 235.63 13.95 81.61 (8.89) (33.21)
ROE — — — 0.00 76.53 41.20 14.73 2.75 (15.83) (3.39)
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

TOP Financial Group Limited vs peers in Capital Markets (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MIAX Miami International Holdings, Inc. $3.1B 26.0× 15.2× +18.26% (above 0%: growing) +26.97% (above 0%: growing) +162.65% (above 0%: growing) 36.40% 7.17% Compare
PURR Hyperliquid Strategies Inc $2.7B — (loss-making) — (loss-making) +6,940.21% (above 0%: growing) n/m −6,672.51% (below 0%: shrinking) 100.00% 7,380.58% Compare
CLSK Cleanspark, Inc. $2.4B — (loss-making) — (loss-making) −30.53% (below 0%: shrinking) n/m +202.37% (above 0%: growing) 38.06% (168.40%) Compare
ETOR eToro Group Ltd. $2.0B 7.9× 13.7× −23.93% (below 0%: shrinking) +71.05% (above 0%: growing) −32.39% (below 0%: shrinking) 15.03% 4.80% Compare
SBET Sharplink Inc $1.8B — (loss-making) — (loss-making) +1,553.95% (above 0%: growing) n/m −339.59% (below 0%: shrinking) 97.76% (3,413.02%) Compare
TOP TOP Financial Group Limited $1.6B 155× — — n/m +141.67% (above 0%: growing) 83.91% (35.94%)
PWP Perella Weinberg Partners $1.3B 41.5× — (loss-making) +0.81% (above 0%: growing) +75.00% (above 0%: growing) −14.77% (below 0%: shrinking) 25.96% 3.23% Compare
GOLD Gold.com Inc. $1.2B 13.0× 13.6× +99.24% (above 0%: growing) 0.00% +1,587.91% (above 0%: growing) 2.20% 0.53% Compare
OPY Oppenheimer Holdings, Inc. $1.1B 10.3× — (loss-making) +21.89% (above 0%: growing) +23.79% (above 0%: growing) −246.51% (below 0%: shrinking) 98.25% 21.20% Compare
Median of peers $1.9B 13.0× 13.7× +20.08% +26.97% −23.58% 37.23% 4.02%

All 93 Capital Markets stocks →

TOP Financial Group Limited (TOP) key facts

  • Strength: TOP Financial Group Limited’s revenue for fiscal 2026 (year ended March 2026) was $4.7 million, up 41.9% from fiscal 2025.
  • TOP Financial Group Limited (TOP) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, TOP traded at $13.40, a market capitalization of $1.6 billion.
  • Return on equity was −3.39% and debt-to-equity 0.02.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

TOP Financial Group Limited (TOP) Latest News

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stockrow.com/TOP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com