UP Fintech Holding Limited (TIGR) vs TOP Financial Group Limited (TOP)

UP Fintech Holding Limited and TOP Financial Group Limited are both Capital Markets companies. TOP Financial Group Limited is the larger, with a market value of $1.5B against $650.0M — 2.2× the size. UP Fintech Holding Limited trades at the lower P/E: 5.9× against 301×. TOP Financial Group Limited has the higher net margin (19.7% vs 16.2%) and the higher return on invested capital (0.00% vs 0.00%). Across the 18 metrics below, UP Fintech Holding Limited leads on 13 and TOP Financial Group Limited on 5.

Valuation

Metric TIGR TOP Capital Markets median
P/E 5.94 301.28 14.35
P/S 0.97 133.22 2.07
P/B 0.75 10.40 1.36
Price to free cash flow 0.29 109.34 9.28
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 16.84% 0.33% (8.28%)
Free cash flow yield 339.19% 0.91% (1.12%)

Profitability

Metric TIGR TOP Capital Markets median
Gross margin 96.86% 76.83% 68.15%
Operating margin 43.97% 0.00% 0.00%
Net margin 16.22% 19.73% (0.34%)
Free cash flow margin 0.00% 121.84% 0.00%
Return on equity 13.60% 2.37% 0.00%
Return on assets 1.22% 1.65% 0.00%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric TIGR TOP Capital Markets median
Revenue growth (TTM) 41.40% — 19.72%
EPS growth (last fiscal year) 158.33% 81.25% 16.79%
Revenue growth, 5-year CAGR 34.61% (22.51%) 17.41%
Net income growth, 5-year CAGR 60.46% 0.00% 0.00%

Health

Metric TIGR TOP Capital Markets median
Debt to equity 0.06 0.01 0.07
Current ratio 1.10 3.20 1.51
Net debt to EBITDA (14.46) 24.92 (0.03)

Dividend

Metric TIGR TOP Capital Markets median
Dividend yield — — 1.58%
Payout ratio — — 0.19

Size

Metric TIGR TOP Capital Markets median
Market cap 650.02m 1.46b 527.01m

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