Using a Revenue DCF model with operating margin convergence from -167.2% to a target of 23.6% over 5 years, discounted at a WACC of 7.4%, TOP Financial Group Limited (TOP) has an intrinsic value of $0.56 per share (range: $0.48 – $0.75).
Using a Revenue DCF model with operating margin convergence from -167.2% to a target of 23.6% over 5 years, discounted at a WACC of 7.4%, TOP Financial Group Limited (TOP) has an intrinsic value of $0.65 per share (range: $0.52 – $1.00).
Using the industry peer median EV/Revenue multiple (trailing + forward), TOP Financial Group Limited (TOP) has a fair value of $0.67 based on 6 comparable companies in the Financial - Capital Markets industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| TOP Financial Group LimitedTOP | 29 | 5.0x | — |
| The Marygold Companies, Inc. | 48 | 1.5x | — |
| Plutus Financial Group Limited | 45 | 33.0x | — |
| Heritage Global Inc. | 45 | 0.6x | 0.6x |
| MDB Capital Holdings, LLC Class A common | 39 | 8.6x | — |
| Rand Capital Corporation | 32 | 6.2x | — |
| Old Market Capital Corporation | 28 | 0.7x | — |
| Industry Median | 3.9x | 0.6x | |
| (*) Revenue | 3 | ||
| = Enterprise Value | 13 | ||
| (-) Net Debt | -12 | ||
| Equity Value | 25 | ||
| (/) Outstanding shares | 37 | ||
| Fair Price | $1 | ||
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.