Hour Glass Ltd. (AGS) AI Stock Analysis

• Market Cap: S$1.16B
• Dividend Yield: 4.62%
• Average Volume (3M): 79.39K
• Price to Earnings (P/E): 8.3
• Beta (1Y): 0.61
• Revenue Growth: -1.26%
• EPS Growth: -13.62%
• Country: SG
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 56
• Industry: Luxury Goods
• EPS (TTM): 0.12
• Shares Outstanding: 705,011,900
• 10 Day Avg. Volume: 120,570
• 30 Day Avg. Volume: 79,386
• PEG Ratio: 0.46
• Price to Book (P/B): 1.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 21.72
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: ―

Hour Glass Ltd. is well-positioned in the luxury goods sector with strong financial performance, characterized by robust revenue and profit margins, and an appealing valuation due to a low P/E ratio and high dividend yield. The technical analysis indicates a cautious outlook due to the stock trading below key moving averages. However, the lack of additional market momentum indicators and earnings call data means some potential insights are missing.

Hour Glass Ltd. Business Overview & Revenue Model

Company Description

Hour Glass Ltd. (AGS) is a leading company in the luxury retail sector, specializing in the sale of high-end timepieces and horological accessories. The company operates a network of boutiques in key international markets, offering an extensive collection of watches from prestigious brands. Hour Glass Ltd. is renowned for its expertise in the watch industry and its commitment to delivering exceptional customer service.

How the Company Makes Money

Hour Glass Ltd. makes money primarily through the retail sales of luxury watches and horological products. The company operates both physical boutiques and an online platform, providing customers with access to a wide range of premium timepieces. Key revenue streams include direct sales from their stores, online sales, and exclusive partnerships with luxury watch brands that allow them to offer limited edition and exclusive products. Additionally, Hour Glass Ltd. benefits from strong relationships with watchmakers and collectors, which enhance their ability to procure and sell rare and sought-after pieces. The company's earnings are further supported by its reputation for quality service and its strategic positioning in affluent markets.

Hour Glass Ltd. Financial Statement Overview

Summary

Overall, Hour Glass Ltd. demonstrates strong financial health with robust revenue growth, stable profitability, and a solid balance sheet. While there is some pressure on gross margins, the company maintains strong net profit margins and efficient cash flow generation, which positions it well for future growth in the luxury goods sector.

Income Statement

Hour Glass Ltd. has shown steady revenue growth with a noticeable upward trajectory from 2021 to 2024. The gross profit margin decreased from 33.6% in 2023 to 21.8% in 2024, indicating increased cost pressures. However, the net profit margin remains strong at 13.9% in 2024, reflecting effective cost management. The EBIT and EBITDA margins are healthy, with slight declines due to reduced gross margins.

Balance Sheet

The company's balance sheet is robust with a debt-to-equity ratio of 0.21 in 2024, showing low leverage and reduced financial risk. The return on equity (ROE) stands at 18.4%, indicating efficient utilization of equity. Equity ratio improved to 74.9% in 2024, showcasing strong asset financing through equity.

Cash Flow

Hour Glass Ltd. exhibits a stable cash flow position with a consistent increase in free cash flow from 2023 to 2024. The operating cash flow to net income ratio is 0.84, suggesting good cash generation relative to net income. The improvement in free cash flow indicates enhanced operational efficiency.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
1.11B	1.13B	1.12B	1.03B	742.93M	749.45M
	Gross Profit
358.48M	363.22M	377.42M	337.80M	217.29M	215.92M
	EBIT
217.15M	179.40M	225.61M	210.67M	113.67M	98.64M
	EBITDA
194.53M	240.16M	244.72M	231.82M	139.85M	125.84M
	Net Income Common Stockholders
140.90M	156.49M	172.37M	154.70M	82.47M	76.05M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
207.03M	237.57M	244.55M	323.36M	247.87M	183.13M
	Total Assets
1.15B	1.13B	1.06B	1.09B	970.92M	856.54M
	Total Debt
170.27M	175.84M	167.91M	216.36M	197.51M	171.81M
	Net Debt
-36.76M	-61.73M	-76.64M	-107.00M	-50.36M	-11.32M
	Total Liabilities
259.96M	269.91M	268.22M	325.70M	275.60M	233.63M
	Stockholders Equity
878.70M	848.40M	774.03M	751.60M	679.95M	607.88M
Cash Flow		Free Cash Flow
114.10M	112.24M	66.78M	208.38M	161.74M	93.80M
	Operating Cash Flow
137.17M	131.63M	160.82M	221.47M	174.40M	110.15M
	Investing Cash Flow
-26.09M	-25.82M	-87.93M	-44.97M	-83.08M	-117.26M
	Financing Cash Flow
-109.90M	-108.08M	-141.35M	-98.11M	-24.22M	7.42M

Hour Glass Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.71
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 1.71 is above the 20-day moving average (MA) of 1.65, above the 50-day MA of 1.59, and above the 200-day MA of 1.57, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 69.18 is Neutral, neither overbought nor oversold. The STOCH value of 86.80 is Negative, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AGS	75 Outperform	S$1.16B	8.26	15.30%	4.62%	-1.26%	-13.62%
C07	73 Outperform	$9.49B	7.50	11.58%	7.99%	-0.21%	-22.52%
O10	67 Neutral	S$489.10M	8.29	4.28%	1.00%	4.49%	-10.72%
Sector *	62 Neutral	$6.80B	11.04	2.79%	4.42%	2.67%	-25.07%
M44U	59 Neutral	$5.79B	31.23	2.74%	1.68%	-0.97%	-40.20%