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. More Details
Excellent balance sheet with proven track record and pays a dividend.
Share Price & News
How has Hour Glass's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AGS is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AGS's weekly volatility (6%) has been stable over the past year.
7 Day Return
SG Specialty Retail
1 Year Return
SG Specialty Retail
Return vs Industry: AGS exceeded the SG Specialty Retail industry which returned 54.6% over the past year.
Return vs Market: AGS exceeded the SG Market which returned 15.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hour Glass's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StShareholders Of Hour Glass (SGX:AGS) Must Be Happy With Their 148% Total Return
2 weeks ago | Simply Wall StWhat Kind Of Investors Own Most Of The Hour Glass Limited (SGX:AGS)?
4 weeks ago | Simply Wall StIf You Like EPS Growth Then Check Out Hour Glass (SGX:AGS) Before It's Too Late
Is Hour Glass undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGS (SGD1.46) is trading below our estimate of fair value (SGD8.33)
Significantly Below Fair Value: AGS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AGS's PE Ratio (12.5x) is in line with the SG Specialty Retail industry average.
PE vs Market: AGS is good value based on its PE Ratio (12.5x) compared to the SG market (15.5x).
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 (1.5x) compared to the SG Specialty Retail industry average (1x).
How is Hour Glass forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Hour Glass performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGS has high quality earnings.
Growing Profit Margin: AGS's current net profit margins (11.1%) are higher than last year (10.1%).
Past Earnings Growth Analysis
Earnings Trend: AGS's earnings have grown by 12.2% per year over the past 5 years.
Accelerating Growth: AGS's earnings growth over the past year (8.4%) is below its 5-year average (12.2% per year).
Earnings vs Industry: AGS earnings growth over the past year (8.4%) exceeded the Specialty Retail industry 2.7%.
Return on Equity
High ROE: AGS's Return on Equity (12.2%) is considered low.
How is Hour Glass's financial position?
Financial Position Analysis
Short Term Liabilities: AGS's short term assets (SGD523.7M) exceed its short term liabilities (SGD204.6M).
Long Term Liabilities: AGS's short term assets (SGD523.7M) exceed its long term liabilities (SGD71.0M).
Debt to Equity History and Analysis
Debt Level: AGS's debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: AGS's debt to equity ratio has increased from 14% to 15.1% over the past 5 years.
Debt Coverage: AGS's debt is well covered by operating cash flow (165.9%).
Interest Coverage: AGS's interest payments on its debt are well covered by EBIT (40.7x coverage).
What is Hour Glass's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AGS's dividend (5.48%) is higher than the bottom 25% of dividend payers in the SG market (1.85%).
High Dividend: AGS's dividend (5.48%) is in the top 25% of dividend payers in the SG market (4.97%)
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 reasonable payout ratio (51.2%), AGS's dividend payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Tay (46 yo)
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...
Experienced Management: AGS's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: AGS's board of directors are considered experienced (7.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AGS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Hour Glass Limited's company bio, employee growth, exchange listings and data sources
- Name: The Hour Glass Limited
- Ticker: AGS
- Exchange: SGX
- Founded: 1979
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: S$1.026b
- Shares outstanding: 702.78m
- Website: https://www.thehourglass.com
- The Hour Glass Limited
- No. 11-01 Tong Building
- 302 Orchard Road
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....
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/22 16:49|
|End of Day Share Price||2021/06/22 00:00|
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.