BOSTON BEER COMPANY INC-A (SAM)
US1005571070 - Common Stock
Overall SAM gets a fundamental rating of 5 out of 10. We evaluated SAM against 32 industry peers in the Beverages industry. While SAM has a great health rating, its profitability is only average at the moment. SAM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SAM was profitable.
In the past year SAM had a positive cash flow from operations.
Each year in the past 5 years SAM has been profitable.
SAM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SAM has a Return On Assets of 7.06%. This is comparable to the rest of the industry: SAM outperforms 53.13% of its industry peers.
SAM has a Return On Equity (9.34%) which is in line with its industry peers.
SAM has a Return On Invested Capital (9.21%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for SAM is significantly below the industry average of 12.59%.
The 3 year average ROIC (6.09%) for SAM is below the current ROIC(9.21%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.06% | ||
| ROE | 9.34% | ||
| ROIC | 9.21% |
ROA(3y)3.71%
ROA(5y)7.06%
ROE(3y)4.95%
ROE(5y)9.92%
ROIC(3y)6.09%
ROIC(5y)9.33%
1.3 Margins
SAM has a Profit Margin of 4.83%. This is in the lower half of the industry: SAM underperforms 71.88% of its industry peers.
SAM's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 7.46%, SAM is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
SAM's Operating Margin has declined in the last couple of years.
SAM's Gross Margin of 43.61% is in line compared to the rest of the industry. SAM outperforms 43.75% of its industry peers.
In the last couple of years the Gross Margin of SAM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.46% | ||
| PM (TTM) | 4.83% | ||
| GM | 43.61% |
OM growth 3Y-25.71%
OM growth 5Y-12.33%
PM growth 3Y-29.83%
PM growth 5Y-16.26%
GM growth 3Y-3.61%
GM growth 5Y-3.78%
2. Health
2.1 Basic Checks
SAM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, SAM has less shares outstanding
SAM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SAM is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 8.17 indicates that SAM is not in any danger for bankruptcy at the moment.
The Altman-Z score of SAM (8.17) is better than 90.63% of its industry peers.
SAM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 8.17 |
ROIC/WACC1.03
WACC8.91%
2.3 Liquidity
SAM has a Current Ratio of 2.14. This indicates that SAM is financially healthy and has no problem in meeting its short term obligations.
SAM has a Current ratio of 2.14. This is in the better half of the industry: SAM outperforms 62.50% of its industry peers.
SAM has a Quick Ratio of 1.45. This is a normal value and indicates that SAM is financially healthy and should not expect problems in meeting its short term obligations.
SAM has a better Quick ratio (1.45) than 71.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
SAM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.97%, which is quite impressive.
The Earnings Per Share has been decreasing by -3.99% on average over the past years.
SAM shows a decrease in Revenue. In the last year, the revenue decreased by -3.91%.
SAM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.07% yearly.
EPS 1Y (TTM)44.97%
EPS 3Y-26.52%
EPS 5Y-3.99%
EPS Q2Q%-6.99%
Revenue 1Y (TTM)-3.91%
Revenue growth 3Y4.97%
Revenue growth 5Y15.07%
Sales Q2Q%-4.01%
3.2 Future
SAM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.40% yearly.
Based on estimates for the next years, SAM will show a small growth in Revenue. The Revenue will grow by 3.84% on average per year.
EPS Next Y69.12%
EPS Next 2Y43.54%
EPS Next 3Y36.34%
EPS Next 5Y27.4%
Revenue Next Year0.93%
Revenue Next 2Y2.2%
Revenue Next 3Y2.98%
Revenue Next 5Y3.84%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 38.08, which means the current valuation is very expensive for SAM.
Based on the Price/Earnings ratio, SAM is valued a bit more expensive than 62.50% of the companies in the same industry.
When comparing the Price/Earnings ratio of SAM to the average of the S&P500 Index (24.41), we can say SAM is valued expensively.
Based on the Price/Forward Earnings ratio of 22.77, the valuation of SAM can be described as rather expensive.
SAM's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of SAM to the average of the S&P500 Index (20.59), we can say SAM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.08 | ||
| Fwd PE | 22.77 |
4.2 Price Multiples
SAM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SAM is cheaper than 65.63% of the companies in the same industry.
SAM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SAM is cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.13 | ||
| EV/EBITDA | 12.58 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SAM's earnings are expected to grow with 36.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y43.54%
EPS Next 3Y36.34%
5. Dividend
5.1 Amount
SAM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BOSTON BEER COMPANY INC-A
NYSE:SAM (7/26/2024, 7:04:00 PM)
After market: 290.91 0 (0%)290.91
+20.39 (+7.54%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.48B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.08 | ||
| Fwd PE | 22.77 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.55
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.06% | ||
| ROE | 9.34% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.46% | ||
| PM (TTM) | 4.83% | ||
| GM | 43.61% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.14 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)44.97%
EPS 3Y-26.52%
EPS 5Y
EPS Q2Q%
EPS Next Y69.12%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.91%
Revenue growth 3Y4.97%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y