The Hour Glass (SGX:AGS) Enterprise Value: S$1,822 Mil (As of Aug. 28, 2026) ***

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SGX:AGS The Hour Glass Ltd SGX:AGS
89 GF Score
Price S$2.73
GF Value S$2.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is The Hour Glass Enterprise Value?

The Hour Glass SGX:AGS -1.09% 89 Enterprise Value is S$1,822 Mil as of Aug. 28, 2026. GuruFocus rates SGX:AGS with a GF Score™ of 89/100 and a GF Value™ of S$2.07 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, The Hour Glass's Enterprise Value is S$1,822 Mil. The Hour Glass's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was S$244 Mil. Therefore, The Hour Glass's EV-to-EBIT ratio for today is 7.47.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, The Hour Glass's Enterprise Value is S$1,822 Mil. The Hour Glass's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was S$297 Mil. Therefore, The Hour Glass's EV-to-EBITDA ratio for today is 6.13.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, The Hour Glass's Enterprise Value is S$1,822 Mil. The Hour Glass's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was S$1,338 Mil. Therefore, The Hour Glass's EV-to-Revenue ratio for today is 1.36.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, The Hour Glass's Enterprise Value is S$1,822 Mil. The Hour Glass's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was S$220 Mil. Therefore, The Hour Glass's EV-to-OCF ratio for today is 8.28.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, The Hour Glass's Enterprise Value is S$1,822 Mil. The Hour Glass's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was S$188 Mil. Therefore, The Hour Glass's EV-to-FCF ratio for today is 9.68.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


The Hour Glass  (SGX:AGS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

The Hour Glass's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1821.860/243.852
=7.47

The Hour Glass's current Enterprise Value is S$1,822 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Hour Glass's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was S$244 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

The Hour Glass's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1821.860/297.313
=6.13

The Hour Glass's current Enterprise Value is S$1,822 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Hour Glass's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was S$297 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

The Hour Glass's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1821.860/1338.223
=1.36

The Hour Glass's current Enterprise Value is S$1,822 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Hour Glass's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was S$1,338 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

The Hour Glass's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1821.860/219.899
=8.28

The Hour Glass's current Enterprise Value is S$1,822 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Hour Glass's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was S$220 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

The Hour Glass's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1821.860/188.112
=9.68

The Hour Glass's current Enterprise Value is S$1,822 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. The Hour Glass's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was S$188 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Hour Glass Enterprise Value Related Terms


The Hour Glass Enterprise Value Historical Data

* Premium members only.

The historical data trend for The Hour Glass's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Hour Glass Enterprise Value Chart

The Hour Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,499.35 1,372.64 992.18 997.66 1,534.42

The Hour Glass Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 992.18 1,013.75 997.66 1,380.76 1,534.42

SGX:AGS vs TPR: Enterprise Value Comparison

For the Luxury Goods subindustry, The Hour Glass's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Hour Glass Enterprise Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Hour Glass's Enterprise Value distribution charts can be found below:

* The bar in red indicates where The Hour Glass's Enterprise Value falls into.


SGX:AGS
89GF Score
The Hour Glass Ltd SGX:AGS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hour Glass Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

The Hour Glass's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

The Hour Glass's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of S$1,822 Mil mean?
The Hour Glass (SGX:AGS) has a Enterprise Value of S$1,822 Mil as of Aug. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on The Hour Glass and its competitors.
Is The Hour Glass' Enterprise Value too high?
The Hour Glass' current Enterprise Value is S$1,822 Mil. Overall, The Hour Glass has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Hour Glass' Enterprise Value compare to TPR?
The Hour Glass' Enterprise Value of S$1,822 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Retail - Cyclical company?
A good Enterprise Value depends on the Retail - Cyclical industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on The Hour Glass and its competitors. The Hour Glass's current Enterprise Value is S$1,822 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hour Glass stock overvalued right now?
Based on GuruFocus' analysis, The Hour Glass (SGX:AGS) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.07, compared to a current price of S$2.73 — trading 31.9% above its estimated fair value. The current Enterprise Value is S$1,822 Mil. The Hour Glass' overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For The Hour Glass (SGX:AGS), the current Enterprise Value is S$1,822 Mil as of Aug. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Hour Glass (SGX:AGS) Overvalued in 2026?

Based on GuruFocus' analysis, The Hour Glass stock appears to be overvalued. The current stock price of S$2.73 is trading 31.9% above its estimated GF Value™ of S$2.07. GuruFocus considers The Hour Glass to be Significantly Overvalued.

Key valuation signals for SGX:AGS:

  • Enterprise Value: S$1,822 Mil
  • GF Value™: S$2.07 vs. price of S$2.73 (31.9% above fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the SGX:AGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Hour Glass Business Description

Address 302 Orchard Road, No. 11-01 Tong Building, Singapore, SGP, 238862
The Hour Glass Ltd is a Singapore-based investment holding company. Along with its subsidiaries, the company is engaged in retailing and distribution of watches, jewellery, and other luxury products, investment in properties, and investment holding. It retails watches, jewellery, and other luxury products of brands such as Rolex, Patek Philippe, Akrivia, Daniel Roth, Hublot, Biver, Omega, Bvlgari, Cartier, and others through boutique stores across Singapore, Malaysia, Thailand, Vietnam, Hong Kong, Japan, Australia, and New Zealand. Geographically, the group generates maximum revenue from Southeast Asia and Oceania, followed by Northeast Asia.
89GF Score

Get the complete analysis for SGX:AGS

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$2.73
Price
S$2.07
GF Value