TOP

HoldHot Air

TOP Financial Group Limited · Financial Services · Singapore · $1.9B cap · $2.0M/day traded

$16.12 +3.1% · close 22 Oct · scored 23 Oct

StockRank up 2.7 since 22 Oct: Momentum up 4 after a 3% price rise.

Hot Air: Rising on momentum alone: weak business, rich price.

36
StockRank
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Quality
32
Value
18
Momentum
77

As of 23 Oct 2026, MoatMap's StockRank for TOP Financial Group Limited (TOP) is 36/100, ranked against 24,000+ stocks in 35 markets (Quality 32, Value 18, Momentum 77, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 10.4x
ROE
-3.8%
peers 7.0%
D/E
0.1x
peers 0.1x
Dividend %
—
trailing yield

ABOUT TOP FINANCIAL GROUP LIMITED

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TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong.

FINANCIAL SUMMARY (USD)

Year20222023202420252026CAGRTTM
Revenue—9.7M8.0M3.3M4.7M-21.3%4.5M
EPS0.100.030.01-0.05—-69.8%-0.18
Shares—121.7M121.7M121.7M121.7M0.0%121.7M
Debt—0.2M64.8K0.3M2.2M145.5%2.1M
Equity—36.0M40.5M34.9M33.9M-1.9%—
Op CF—-6.0M17.8M-14.5M14.0M-11.1%12.9M
Inv CF—-6.5M-1.3M-9.4M1.3M——
Fin CF—22.5M4.4M01.0M——
Loading 1Y...
PRICE (1Y) · USD+10.2%
13.314.014.715.416.111 Sep2 Oct22 Oct
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 7% below its 52-week high.

SwingsVery bumpy

Swung more than 92% of stocks we rank over the past year (88% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$16.12
RSI (14)
55.6
52-Week Range-7.5% from high
Low $3.06High $17.42

SCORE BREAKDOWN

Quality
32
ROIC
-1.9%7.6
ROE
-3.8%7.5
GP/Assets
3.3%33.4
Op. Margin
-35.9%3.6
FCF/Assets
n/mN/A
Piotroski
537.7
Int. Cover
—N/A
D/E Ratio
0.06x76.7
Current Ratio
2.71x66.3
Value
18
P/E (TTM)
—N/A
EV/EBITDA
n/mN/A
P/FCF
n/mN/A
P/B
3.2x13.9
P/S
371.6x0.6
Div Yield
—N/A
Momentum
77
52W High %
93%71.7
RS 6M
287%99.9
SMA 50/200
1.79x99.7
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$1.9B
P/E (Forward)
—
Gross Margin
63.6%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of TOP are excluded.

TickerCompanyMkt CapStockRankSignal
TOPTOP Financial Group Limited(you)$1.9B36Hold
U10.SIUOB-Kay Hian Holdings Limited$3.0B50Hold
TIGRN.MXUP Fintech Holding Limited$860M50Hold
FUFUBitFuFu Inc.$333M14Strong Sell
8YZ.SIYangzijiang Maritime Development Ltd.$1.7B33Sell
S41.SIHong Leong Finance Limited$869M41Hold
FAXAbrdn Asia-Pacific Income Fund Inc$566M37Hold
SWICH.ASSWI Capital Holding Ltd.$5.9B33Sell
YF8.SIYangzijiang Financial Holding Ltd.$537M34Sell
P15.SIPacific Century Regional Developments Limited$982M12Strong Sell

Peer medians: ROE 7.0% · P/E 10.4x · Gross margin 87.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

TOP Financial Group Limited (TOP): Stock Score Summary

TOP Financial Group Limited (TOP) has a MoatMap StockRank of 36/100 based on Quality (32/100), Value (18/100), and Momentum (77/100) factor scores. The current signal is HOLD.

TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong.

Key Financial Metrics

Price$16.12
Market Cap$1.9B
Price/Book3.19
Return on Equity-3.8%
Return on Invested Capital-1.9%
Debt/Equity0.06x
Gross Margin63.6%
Operating Margin-35.9%
Revenue Growth-19.3%
Free Cash Flow$13M

TOP Financial Group Limited operates in the Capital Markets industry, part of the Financial Services sector (Singapore).

Frequently Asked Questions

What is TOP Financial Group Limited’s (TOP) StockRank?
MoatMap’s StockRank for TOP Financial Group Limited (TOP) is 36/100, with a Hold signal. It is a composite of Quality (32), Value (18), and Momentum (77), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does TOP Financial Group Limited have an economic moat?
TOP Financial Group Limited (TOP) has a Quality factor score of 32/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is TOP Financial Group Limited a buy, hold, or sell?
MoatMap’s current signal for TOP Financial Group Limited (TOP) is Hold, based on a StockRank of 36/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is TOP Financial Group Limited in?
TOP Financial Group Limited (TOP) operates in the Financial Services sector, specifically the Capital Markets industry (Singapore).