| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
AGS Stock Overview
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.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | S$1.89 |
| 52 Week High | S$2.30 |
| 52 Week Low | S$0.79 |
| Beta | 0.77 |
| 1 Month Change | -7.81% |
| 3 Month Change | 1.61% |
| 1 Year Change | 134.78% |
| 3 Year Change | 202.40% |
| 5 Year Change | 200.00% |
| Change since IPO | 2,031.62% |
Recent News & Updates
I Ran A Stock Scan For Earnings Growth And Hour Glass (SGX:AGS) Passed With Ease
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Does Hour Glass (SGX:AGS) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Return Trends At Hour Glass (SGX:AGS) Aren't Appealing
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Shareholder Returns
| AGS | SG Specialty Retail | SG Market | |
|---|---|---|---|
| 7D | -3.1% | -3.5% | -1.1% |
| 1Y | 134.8% | 56.5% | 4.0% |
Return vs Industry: AGS exceeded the SG Specialty Retail industry which returned 56.5% over the past year.
Return vs Market: AGS exceeded the SG Market which returned 4% over the past year.
Price Volatility
| AGS volatility | |
|---|---|
| AGS Average Weekly Movement | 5.1% |
| Specialty Retail Industry Average Movement | 7.2% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in SG Market | 11.9% |
| 10% least volatile stocks in SG Market | 2.1% |
Stable Share Price: AGS is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AGS's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | n/a | Michael Tay | https://www.thehourglass.com |
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 45 boutiques.
Hour Glass Fundamentals Summary
| AGS fundamental statistics | |
|---|---|
| Market Cap | S$1.29b |
| Earnings (TTM) | S$115.30m |
| Revenue (TTM) | S$927.00m |
11.2x
P/E Ratio1.4x
P/S RatioIs AGS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AGS income statement (TTM) | |
|---|---|
| Revenue | S$927.00m |
| Cost of Revenue | S$645.61m |
| Gross Profit | S$281.39m |
| Expenses | S$166.08m |
| Earnings | S$115.30m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 30.35% |
| Net Profit Margin | 12.44% |
| Debt/Equity Ratio | 17.3% |
How did AGS perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield37%
Payout RatioValuation
Is Hour Glass undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGS (SGD1.89) is trading below our estimate of fair value (SGD9.81)
Significantly Below Fair Value: AGS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AGS is poor value based on its PE Ratio (11.2x) compared to the SG Specialty Retail industry average (10.8x).
PE vs Market: AGS is good value based on its PE Ratio (11.2x) compared to the SG market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AGS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AGS is overvalued based on its PB Ratio (1.9x) compared to the SG Specialty Retail industry average (1.2x).
Future Growth
How is Hour Glass forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.6%
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hour Glass has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Hour Glass performed over the past 5 years?
15.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGS has high quality earnings.
Growing Profit Margin: AGS's current net profit margins (12.4%) are higher than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: AGS's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: AGS's earnings growth over the past year (62.9%) exceeds its 5-year average (15.9% per year).
Earnings vs Industry: AGS earnings growth over the past year (62.9%) underperformed the Specialty Retail industry 62.9%.
Return on Equity
High ROE: AGS's Return on Equity (17%) is considered low.
Financial Health
How is Hour Glass's financial position?
Financial Position Analysis
Short Term Liabilities: AGS's short term assets (SGD526.4M) exceed its short term liabilities (SGD236.2M).
Long Term Liabilities: AGS's short term assets (SGD526.4M) exceed its long term liabilities (SGD79.4M).
Debt to Equity History and Analysis
Debt Level: AGS has more cash than its total debt.
Reducing Debt: AGS's debt to equity ratio has increased from 12% to 17.3% over the past 5 years.
Debt Coverage: AGS's debt is well covered by operating cash flow (165.3%).
Interest Coverage: AGS's interest payments on its debt are well covered by EBIT (47.6x coverage).
Balance Sheet
Dividend
What is Hour Glass's current dividend yield, its reliability and sustainability?
3.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AGS's dividend (3.17%) is higher than the bottom 25% of dividend payers in the SG market (2.07%).
High Dividend: AGS's dividend (3.17%) is low compared to the top 25% of dividend payers in the SG market (5.48%).
Stability and Growth of Payments
Stable Dividend: AGS's dividend payments have been volatile in the past 10 years.
Growing Dividend: AGS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.5%), AGS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Michael Tay (46 yo)
1.75yrs
Tenure
Mr. Wee Jin Tay, also known as Michael, has been a Group Managing Director of Hour Glass Ltd. since April 1, 2020. Mr. Tay served as Deputy General Manager of Hour Glass Ltd.since April 2004. He joined Ho...
Leadership Team
Experienced Management: AGS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: AGS's board of directors are seasoned and experienced ( 10.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Hour Glass Limited's employee growth, exchange listings and data sources
Key Information
- Name: The Hour Glass Limited
- Ticker: AGS
- Exchange: SGX
- Founded: 1979
- Industry: Specialty Stores
- Sector: Retail
- Implied Market Cap: S$1.287b
- Shares outstanding: 684.78m
- Website: https://www.thehourglass.com
Location
- The Hour Glass Limited
- No. 11-01 Tong Building
- 302 Orchard Road
- Singapore
- 238862
- Singapore
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 11:01 |
| End of Day Share Price | 2022/01/26 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.