Hour Glass Ltd. (SG:AGS)
SGX:AGS
Top Page
Hour Glass Ltd.
(SGX:AGS)
Select Model
Select Model
Rating:75Outperform
Price Target:
S$2.50
▲(9.65% Upside)
Action:ReiteratedDate:10/29/25
Hour Glass Ltd. demonstrates strong financial performance with consistent revenue growth and solid profitability, supported by a robust balance sheet. The stock's valuation is attractive with a low P/E ratio and a decent dividend yield. Technical indicators suggest stable market sentiment, contributing to a favorable overall score.
Positive Factors
Strong balance sheet and low leverage
Conservative leverage and thick equity backing provide durable financial flexibility to fund inventory, ride out demand shocks, and support selective expansion or dividends. A 14.7% ROE indicates management generates solid returns on equity, sustaining long-term shareholder value.
Negative Factors
Pressure on profit margins
Observed declines in gross and net margins signal emerging margin compression that can erode long-term earnings power. If driven by higher sourcing costs, brand pricing or mix shifts, persistent pressure would reduce free cash generation and constrain reinvestment and dividend capacity over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet and low leverage
Conservative leverage and thick equity backing provide durable financial flexibility to fund inventory, ride out demand shocks, and support selective expansion or dividends. A 14.7% ROE indicates management generates solid returns on equity, sustaining long-term shareholder value.
Read all positive factors
Hour Glass Ltd. (AGS) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$1.48B
Dividend Yield2.6%
Average Volume (3M)52.48K
Price to Earnings (P/E)4.4
Beta (1Y)0.46
Revenue Growth11.37%
EPS Growth7.17%
CountrySG
EmployeesN/A
SectorConsumer Cyclical
Sector Strength84
IndustryLuxury Goods
Share Statistics
EPS (TTM)0.12
Shares Outstanding645,595,460
10 Day Avg. Volume50,600
30 Day Avg. Volume52,476
Financial Highlights & Ratios
PEG Ratio-0.60
Price to Book (P/B)1.10
Price to Sales (P/S)0.88
P/FCF Ratio7.84
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hour Glass Ltd. Business Overview & Revenue Model
Company Description
The Hour Glass Limited, an investment holding company, retails and distributes watches, jewelry, and other luxury products in South East Asia, Australia, and North East Asia. It also invests in properties. The company operates 50 boutiques. The Ho...
How the Company Makes Money
Hour Glass Ltd. makes money primarily by retailing luxury watches. Its core revenue stream is sales of branded timepieces to consumers through its physical boutiques and related retail channels, earning a gross margin that reflects the difference ...
Hour Glass Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.24B | 1.16B | 1.13B | 1.12B | 1.03B | 742.93M |
| Gross Profit | 321.90M | 359.71M | 363.22M | 377.42M | 337.80M | 217.29M |
| EBITDA | 227.72M | 232.31M | 255.74M | 244.72M | 231.82M | 139.85M |
| Net Income | 150.08M | 135.81M | 156.49M | 172.37M | 154.70M | 82.47M |
Balance Sheet | ||||||
| Total Assets | 1.34B | 1.18B | 1.13B | 1.06B | 1.09B | 970.92M |
| Cash, Cash Equivalents and Short-Term Investments | 196.11M | 178.69M | 237.57M | 244.55M | 323.36M | 247.87M |
| Total Debt | 245.84M | 151.81M | 175.84M | 167.91M | 216.36M | 197.51M |
| Total Liabilities | 356.96M | 238.37M | 269.91M | 268.22M | 325.70M | 275.60M |
| Stockholders Equity | 972.25M | 926.68M | 848.40M | 774.03M | 751.60M | 679.95M |
Cash Flow | ||||||
| Free Cash Flow | 191.65M | 129.89M | 112.24M | 66.78M | 208.38M | 161.74M |
| Operating Cash Flow | 215.03M | 157.78M | 131.63M | 160.82M | 221.47M | 174.40M |
| Investing Cash Flow | -167.93M | -104.88M | -25.82M | -87.93M | -44.97M | -83.08M |
| Financing Cash Flow | -55.21M | -112.52M | -108.08M | -141.35M | -98.11M | -24.22M |
Hour Glass Ltd. Technical Analysis
Positive
2.28
Price Trends
2.28
Positive
2.24
Positive
2.11
Positive
Market Momentum
>-0.01
Positive
50.22
Neutral
69.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:AGS, the sentiment is Positive. The current price of 2.28 is below the 20-day moving average (MA) of 2.29, below the 50-day MA of 2.28, and above the 200-day MA of 2.11, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.22 is Neutral, neither overbought nor oversold. The STOCH value of 69.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:AGS.
Hour Glass Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | S$108.52M | ― | 9.26% | 1.99% | 21.59% | 21.74% | |
75 Outperform | S$1.48B | 4.36 | 15.81% | 2.60% | 11.37% | 7.17% | |
69 Neutral | S$686.67M | ― | 2.88% | 0.99% | -2.69% | -6.28% | |
62 Neutral | S$962.74M | 8.87 | 17.10% | 3.92% | 20.97% | 37.69% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
* Consumer Cyclical Sector Average
SG:AGS
Hour Glass Ltd.
2.29
0.77
50.66%
SG:42L
Taka Jewellery Holdings Ltd.
0.19
0.09
92.08%
SG:C41
Cortina Holdings Limited
3.43
0.85
32.95%
SG:H07
Stamford Land Corporation Ltd
0.46
0.11
29.58%
SG:OU8
Centurion Corporation Limited
1.47
0.29
24.58%
SG:T6I
ValueMax Group Ltd.
1.02
0.53
108.16%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.