TROOPS Inc. Ordinary Shares (TROO)

FairStock Score: 32/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the close on 2026-10-13, TROOPS traded at $1.67 for a $340.8 million market capitalization. FairStock’s calculations show a P/E of -7.26 and a P/B of 4.17, with ROE of -47.59% and ROCE of -13.57%. That is not a value investor’s picture of a thriving enterprise. The company describes itself as a 47-employee financial-services firm offering insurance consultancy, mortgage, personal and corporate loans, migration, education and visa advisory, property lease and management, and an online financial marketplace across Hong Kong, Australia, and China. I see no evidence of a durable competitive moat; the operation is small, and the data show only 0 years of filed results, so no Lynch category can be assigned. The balance sheet has no debt, with D/E of 0.00, and the Altman Z-Score is 7.81, which suggests low bankruptcy risk on those inputs. But the Piotroski F-Score is 1/9, and negative returns on equity and capital tell me the business is destroying value rather than compounding it. Growth cannot be judged because revenue and profit growth are unavailable; the absence of a multi-year record is itself a meaningful concern. A 4.17 times book multiple for a firm with -47.59% ROE leaves little margin of safety, and the beta of 3.56 warns that the stock is highly volatile. The FairStock Score of 32/100 reinforces that this is speculative. No debt is helpful, but without sustainable earnings and book value growth, the price still looks full. I would need far more evidence before calling this a sound Graham-style bargain.

In plain English: TROOPS Inc. provides insurance-related advice and loans in Hong Kong, Australia, and China. The business looks weak today because it is losing money and has very little reported history. At $1.67 a share, the price looks expensive compared with its current profits and the value of its assets after debts.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer