Top Win International Limited (SORA) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Top Win International Limited $0.33, price $2.24, upside -85.2%, quality 43 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Structural break:
The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.
Weakest SetupStrongly overvalued and low quality.
!Fair value $0.3315 · Strongly overvalued (−85%)
!Quality 43/100
!Weak Growth(revenue 3y −53.7 %/yr)
✓Highly profitable · 111.9% net margin (TTM)
!High debt · negative free cash flow
!Trails peers(3/11)
!Narrow moat23/100
!Insider activity52/100
!Evidence only low, so the estimate is less certain
Watch Top Win International Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
16‑month range $1.60 – $12.57 · fair‑value band $0.2550 – $0.4165 · the $2.24 price screens above the $0.3315 fair value. Dashed = 300-day average. As of Sep 23, 2026.
Follow Top Win International in your weekly email
Every Wednesday you see whether Top Win International is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
AsiaStrategy, together with its subsidiaries, engages in trading, distribution, and retail of luxury watches in Hong Kong. The company sells its products under the Omega, Cartier, Rolex, Longines, Audermars Piguet, Patek Philippe, Blancpain, Casio, Breguet, and Hublot brand names.
Show more
AsiaStrategy, together with its subsidiaries, engages in trading, distribution, and retail of luxury watches in Hong Kong. The company sells its products under the Omega, Cartier, Rolex, Longines, Audermars Piguet, Patek Philippe, Blancpain, Casio, Breguet, and Hublot brand names. It serves business-to-business (B2B) customers including distributors, independent watch dealers, and retail sellers. The company was formerly known as Top Win International Limited and changed its name to AsiaStrategy in August 2025. The company was founded in 2001 and is based in Wan Chai, Hong Kong. AsiaStrategy is a subsidiary of Pride River Limited.
Stock analysis
Top Win International Limited (SORA) currently trades at $2.24, while our model-based Fair Value estimate is $0.3315, implying the stock looks roughly 575.7% overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of $1.05 per share, and 0 of the 8 models we run sit above the $2.24 price.
Bear case: the DCF Models group reads lowest at $0.0800, and 8 of the 8 models stay below the price. Evidence for this calculation is low.
Scenario range: $0.2550 (bear) to $0.4165 (bull), the price of $2.24 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Consumer Cyclical sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Top Win International Limited reported revenue of $1.4M in FY2025 versus $14.2M in FY2022, a compound −53.7%/yr. Reported net income was $1.6M in FY2025, compounding +179.8%/yr from FY2022.
Key figures
Market cap $55.2M · P/E ratio 4.5 · P/S ratio 5.01 · EPS (TTM) $0.5000 · Net margin 112% · Return on equity 106% · Return on assets (EBIT) 3.0% · Operating margin −16.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 68% below its 52-week high and 40% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 9% fair-value upside, at −85%, SORA screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely ($0.0700 to $1.40). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear $0.2550Fair Value $0.3315Bull $0.4165
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.3671 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.24/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−92.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−53.7%
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
1.4% (2022) → −14.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: rate outside our plausibility band
Compare Top Win International Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Luxury Goods · 130 stocks
Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside−85% · Bottom 25%
Profitability
Return on equity (TTM)106% · Top 25%
Return on assets−4% · Bottom 25%
Net margin (TTM)112% · Top 25%
Operating margin (TTM)−16% · Bottom 25%
Growth and dividend
Revenue growth−32% · Bottom 25%
Balance sheet
Debt / equity4.64× · Highest 25%
Valuation Multiplesvs Luxury Goods median · lower = cheaper
P/E (TTM)4.5× · Cheapest 25%
P/B19.73× · Priciest 25%
P/S (TTM)5.03× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 13
FUTURE (revenue growth)0· sector 50
PAST (return on equity)100· sector 40
HEALTH (low debt)0· sector 99
DIVIDEND (yield)0· sector 50
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Top Win International Limited Fair Value". https://www.fairvalue-calculator.com/stock/SORA
Frequently asked questions
Is Top Win International Limited (SORA) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $0.3315 versus a price of $2.24, about −85% upside (overvalued).
What is the fair value of SORA?
Our model-based fair value for Top Win International Limited is $0.3315 (as of Sep 23, 2026), built from audited fundamentals. The current price: $2.24.
What is the quality score of SORA?
Top Win International Limited has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Top Win International Limited (SORA)?
Our model-based price target is the fair value of $0.3315 (as of Sep 23, 2026) from 8 valuation models. Cautious scenario $0.2550, optimistic scenario $0.4165. It is a calculation from audited fundamentals, not an analyst target.
What is the Top Win International Limited stock forecast for 2026?
Our models put fair value at $0.3315, about −85% upside versus a price of $2.24 (overvalued). Cautious scenario $0.2550, optimistic scenario $0.4165. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Top Win International Limited (SORA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Top Win International Limited it is $0.3315 per share (as of Sep 23, 2026), against a price of $2.24. It is the blended result of 8 valuation models (cash flow, earnings, asset, dividend).
Is Top Win International Limited stock overvalued or undervalued in 2026?
As of Sep 23, 2026, SORA trades above its calculated fair value: price $2.24, fair value $0.3315, a gap of about −85% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SORA?
No. The price is what the market pays today ($2.24); the fair value is what the company's own numbers justify ($0.3315). For Top Win International Limited the two are $1.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is Top Win International Limited worth?
The market values Top Win International Limited at about $55.2M (market capitalisation, as of Sep 23, 2026). Per share that is $2.24; our models calculate a fair value of $0.3315 per share.
What do the bullish and bearish scenarios say about SORA?
Our models span a range for Top Win International Limited: cautious scenario $0.2550, base $0.3315, optimistic $0.4165 per share (as of Sep 23, 2026, price $2.24). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SORA?
Top Win International Limited trades at a price-to-earnings ratio of 4.5 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $0.3315 is built from several models across several years. Other multiples: P/B 19.7, P/S 5.0.
How solid is the balance sheet of Top Win International Limited (SORA)?
Balance-sheet figures for Top Win International Limited (as of Sep 23, 2026): return on equity 106.1%, debt of 4.64 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is SORA from its 52-week high?
Top Win International Limited trades at $2.24, about 68% below its 52-week high of $6.99 and 40% above the low of $1.60 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $0.3315 is for.
Which stocks are comparable to Top Win International Limited?
From the same area (Consumer Cyclical) we also value Compagnie Financière Richemont SA, Christian Dior SE, Kering SA, Tapestry, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Top Win International Limited stock attractive at the current price?
The data as of Sep 23, 2026: price $2.24, calculated fair value $0.3315 (−85%), Quality Score 43/100, from 8 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SORA calculated?
We run Top Win International Limited through 8 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.3315, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Top Win International Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Top Win International Limited (SORA)?
The closing price on Sep 23, 2026 was $2.24. Our model-based fair value is $0.3315, about −85% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Top Win International Limited right now?
The price sits above even our optimistic bull case ($0.4165). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Top Win International Limited
How large is the market capitalisation of Top Win International Limited (SORA)?
The market capitalisation of Top Win International Limited is $55.2M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Top Win International Limited (SORA)?
The price-to-sales ratio of Top Win International Limited is 5.01 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Top Win International Limited (SORA)?
Earnings per share at Top Win International Limited are $0.5000 (price ÷ EPS = P/E 4.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Top Win International Limited (SORA)?
The net margin of Top Win International Limited is 112% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Top Win International Limited (SORA)?
The return on equity (ROE) of Top Win International Limited is 106% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Top Win International Limited (SORA)?
On an EBIT basis the return on assets of Top Win International Limited is 3.0% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Top Win International Limited (SORA)?
The operating margin of Top Win International Limited is −16.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Top Win International Limited (SORA)?
Revenue at Top Win International Limited is growing −31.9% versus a year earlier (3y avg −53.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Top Win International Limited (SORA)?
Earnings per share at Top Win International Limited are growing +59.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Top Win International Limited (SORA) generate?
The free cash flow of Top Win International Limited is −$555K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Top Win International Limited (SORA) carry?
The net debt of Top Win International Limited is $1.6M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Top Win International Limited in the live analysis
One click puts Top Win International Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Thin data
Sep 23, 2026