🚀 VC round data is live in beta, check it out!
- Public Comps
- TOP Financial Group
TOP Financial Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for TOP Financial Group and similar public comparables like Heygold, Stock3, Plutus Financial Group, Alterna Asesoria and more.
TOP Financial Group Overview
About TOP Financial Group
TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in trading local and overseas equities, futures, and options products. The Company generates brokerage commission income by enabling its customers to trade on multiple exchanges present globally. The company operates in only one segment which is the futures brokerage service.
Founded
2019
HQ

Employees
18
Website
Financials (FY)
EV
$26M
TOP Financial Group Financials
TOP Financial Group reported last fiscal year revenue of $3M and negative EBITDA of ($5M).
In the same fiscal year, TOP Financial Group generated $246K in gross profit, ($5M) in EBITDA losses, and had net loss of ($6M).
TOP Financial Group P&L
In the most recent fiscal year, TOP Financial Group reported revenue of $3M and EBITDA of ($5M).
TOP Financial Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $3M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $246K | XXX | XXX | XXX |
| Gross Margin | — | XXX | 7% | XXX | XXX | XXX |
| EBITDA | — | XXX | ($5M) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (162%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (167%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($6M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (179%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
TOP Financial Group Stock Performance
TOP Financial Group has current market cap of $41M, and enterprise value of $26M.
Market Cap Evolution
TOP Financial Group's stock price is $1.10.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $26M | $41M | 7.4% | XXX | XXX | XXX | $-0.16 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialTOP Financial Group Valuation Multiples
TOP Financial Group trades at 7.9x EV/Revenue multiple, and (4.9x) EV/EBITDA.
TOP Financial Group Financial Valuation Multiples
As of April 18, 2026, TOP Financial Group has market cap of $41M and EV of $26M.
Equity research analysts estimate TOP Financial Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
TOP Financial Group has a P/E ratio of (6.8x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $41M | XXX | $41M | XXX | XXX | XXX |
| EV (current) | $26M | XXX | $26M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 7.9x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (4.9x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (4.7x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 106.4x | XXX | XXX | XXX |
| P/E | — | XXX | (6.8x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (1.8x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified TOP Financial Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


TOP Financial Group Margins & Growth Rates
TOP Financial Group's revenue in the last fiscal year declined by (26%).
TOP Financial Group's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.3M for the same period.
TOP Financial Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (26%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (162%) | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 43% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 92% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 175% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
TOP Financial Group Public Comps
See public comps and valuation multiples for other Investment Brokerage and Online Brokers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| TOP Financial Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Heygold | XXX | XXX | XXX | XXX | XXX | XXX |
| Stock3 | XXX | XXX | XXX | XXX | XXX | XXX |
| Plutus Financial Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Alterna Asesoria | XXX | XXX | XXX | XXX | XXX | XXX |
| Mayberry Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
TOP Financial Group M&A Activity
TOP Financial Group acquired XXX companies to date.
Last acquisition by TOP Financial Group was on XXXXXXXX, XXXXX. TOP Financial Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by TOP Financial Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialTOP Financial Group Investment Activity
TOP Financial Group invested in XXX companies to date.
TOP Financial Group made its latest investment on XXXXXXXX, XXXXX. TOP Financial Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by TOP Financial Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout TOP Financial Group
| When was TOP Financial Group founded? | TOP Financial Group was founded in 2019. |
| Where is TOP Financial Group headquartered? | TOP Financial Group is headquartered in Singapore. |
| How many employees does TOP Financial Group have? | As of today, TOP Financial Group has over 18 employees. |
| Who is the CEO of TOP Financial Group? | TOP Financial Group's CEO is Ka Fai Yuen. |
| Is TOP Financial Group publicly listed? | Yes, TOP Financial Group is a public company listed on Nasdaq. |
| What is the stock symbol of TOP Financial Group? | TOP Financial Group trades under TOP ticker. |
| When did TOP Financial Group go public? | TOP Financial Group went public in 2022. |
| Who are competitors of TOP Financial Group? | TOP Financial Group main competitors are Heygold, Stock3, Plutus Financial Group, Alterna Asesoria. |
| What is the current market cap of TOP Financial Group? | TOP Financial Group's current market cap is $41M. |
| What is the current revenue of TOP Financial Group? | TOP Financial Group's last fiscal year revenue is $3M. |
| What is the current EV/Revenue multiple of TOP Financial Group? | Current revenue multiple of TOP Financial Group is 7.9x. |
| Is TOP Financial Group profitable? | No, TOP Financial Group is not profitable. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.