The Hour Glass (SGX:AGS) FCF Margin %: 12.84% (As of Mar. 2026) — 16% Above Median

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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 FCF Margin %?

The Hour Glass SGX:AGS -1.09% 89 FCF Margin % is 12.84% as of Mar. 2026, which is 16% above its 10-year median of 11.11. 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. Among 1,130 Retail - Cyclical companies, The Hour Glass ranks better than 84.87% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. The Hour Glass's Free Cash Flow for the six months ended in Mar. 2026 was S$93 Mil. The Hour Glass's Revenue for the six months ended in Mar. 2026 was S$723 Mil. Therefore, The Hour Glass's FCF Margin % for the quarter that ended in Mar. 2026 was 12.84%.

As of today, The Hour Glass's current FCF Yield % is 10.71%.

The historical rank and industry rank for The Hour Glass's FCF Margin % or its related term are showing as below:

SGX:AGS' s FCF Margin % Range Over the Past 10 Years
Min: 5.95   Med: 11.11   Max: 21.77
Current: 14.06


During the past 13 years, the highest FCF Margin % of The Hour Glass was 21.77%. The lowest was 5.95%. And the median was 11.11%.

SGX:AGS's FCF Margin % is ranked better than
84.87% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 3.08 vs SGX:AGS: 14.06


The Hour Glass FCF Margin % Related Terms


The Hour Glass FCF Margin % Historical Data

* Premium members only.

The historical data trend for The Hour Glass's FCF Margin % 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 FCF Margin % Chart

The Hour Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.16 5.95 9.94 11.48 14.06

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
FCF Margin % 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 11.40 7.29 15.11 15.49 12.84

SGX:AGS vs TPR: FCF Margin % Comparison

For the Luxury Goods subindustry, The Hour Glass's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Retail - Cyclical Industry

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

* The bar in red indicates where The Hour Glass's FCF Margin % falls into.


SGX:AGS
89GF Score
The Hour Glass Ltd SGX:AGS
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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The Hour Glass FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=188.112/1338.223
=14.06 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=92.789/722.81
=12.84 %

* 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 FCF Margin % →
What does a FCF Margin % of 12.84% mean?
The Hour Glass (SGX:AGS) has a FCF Margin % of 12.84% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on The Hour Glass and its competitors. This is 16% above median its historical median of 11.11. Over the past decade, The Hour Glass' FCF Margin % has ranged from 5.95 to 21.77. According to the industry distribution chart, The Hour Glass ranks #171 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 15.1%.
Is The Hour Glass' FCF Margin % too high?
The Hour Glass' current FCF Margin % of 12.84% is 16% above median its 10-year median of 11.11. Over the past 10 years, this metric has ranged from a low of 5.95 to a high of 21.77. The Retail - Cyclical industry median FCF Margin % is 3.08. The Hour Glass' value of 12.84% is 316.9% above this industry median. Based on the distribution chart, The Hour Glass ranks #171 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. 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' FCF Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, The Hour Glass ranks #171 out of 1130 companies for FCF Margin %. This places The Hour Glass in the top 15% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.08. The Hour Glass' value of 12.84% is 316.9% above this benchmark. Historically, The Hour Glass' own FCF Margin % has ranged from 5.95 to 21.77 over the past decade. While the company's 10-year median is 11.11 vs. the industry median of 3.08, The Hour Glass has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Retail - Cyclical company?
The median FCF Margin % among Retail - Cyclical companies is 3.08, based on 1,130 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Hour Glass's current FCF Margin % of 12.84% is 316.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on The Hour Glass and its competitors. For the Retail - Cyclical industry, the median FCF Margin % is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hour Glass's current FCF Margin % is 12.84%, which is 16% above median its own 10-year median of 11.11. 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 FCF Margin % is 12.84%, which is 16% above median its 10-year median of 11.11 and 316.9% above the Retail - Cyclical industry median of 3.08. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For The Hour Glass (SGX:AGS), the current FCF Margin % is 12.84% as of Mar. 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:

  • FCF Margin %: 12.84% (16% above median its 10-year median of 11.11)
  • GF Value™: S$2.07 vs. price of S$2.73 (31.9% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 316.9% above the Retail - Cyclical median (#171 of 1130)

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

FCF Margin % 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