BOSTON BEER COMPANY INC-A (SAM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SAM - US1005571070 - Common Stock
190.96 USD
-1.57 (-0.82%)
190.96 USD
0 (0%)
Taking everything into account, SAM scores 5 out of 10 in our fundamental rating. SAM was compared to 33 industry peers in the Beverages industry. SAM has an excellent financial health rating, but there are some minor concerns on its profitability. SAM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year SAM was profitable.
SAM had a positive operating cash flow in the past year.
In the past 5 years SAM has always been profitable.
SAM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.40%, SAM is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.13%, SAM is in line with its industry, outperforming 51.52% of the companies in the same industry.
With a decent Return On Invested Capital value of 10.93%, SAM is doing good in the industry, outperforming 60.61% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SAM is below the industry average of 11.60%.
The 3 year average ROIC (8.12%) for SAM is below the current ROIC(10.93%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.4% | ||
| ROE | 10.13% | ||
| ROIC | 10.93% |
ROA(3y)4.95%
ROA(5y)5.95%
ROE(3y)6.63%
ROE(5y)8.26%
ROIC(3y)8.12%
ROIC(5y)8.73%
1.3 Margins
The Profit Margin of SAM (4.66%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of SAM has declined.
SAM's Operating Margin of 7.96% is on the low side compared to the rest of the industry. SAM is outperformed by 66.67% of its industry peers.
In the last couple of years the Operating Margin of SAM has declined.
With a Gross Margin value of 47.72%, SAM perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
In the last couple of years the Gross Margin of SAM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.96% | ||
| PM (TTM) | 4.66% | ||
| GM | 47.72% |
OM growth 3Y39.49%
OM growth 5Y-8.36%
PM growth 3Y61.25%
PM growth 5Y-19.42%
GM growth 3Y4.62%
GM growth 5Y-2.01%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SAM is still creating some value.
SAM has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SAM has been reduced compared to 5 years ago.
Compared to 1 year ago, SAM has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.20 indicates that SAM is not in any danger for bankruptcy at the moment.
SAM has a Altman-Z score of 6.20. This is amongst the best in the industry. SAM outperforms 84.85% of its industry peers.
There is no outstanding debt for SAM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 6.2 |
ROIC/WACC1.26
WACC8.67%
2.3 Liquidity
SAM has a Current Ratio of 1.83. 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 Current ratio of 1.83. This is in the better half of the industry: SAM outperforms 63.64% of its industry peers.
SAM has a Quick Ratio of 1.43. 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 Quick ratio of 1.43. This is in the better half of the industry: SAM outperforms 78.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.83 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
SAM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.58%, which is quite good.
The Earnings Per Share has been decreasing by -0.56% on average over the past years.
Looking at the last year, SAM shows a decrease in Revenue. The Revenue has decreased by -1.13% in the last year.
SAM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.00% yearly.
EPS 1Y (TTM)9.58%
EPS 3Y32.41%
EPS 5Y-0.56%
EPS Q2Q%-20.56%
Revenue 1Y (TTM)-1.13%
Revenue growth 3Y-0.73%
Revenue growth 5Y10%
Sales Q2Q%-11.23%
3.2 Future
Based on estimates for the next years, SAM will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.25% on average per year.
Based on estimates for the next years, SAM will show a small growth in Revenue. The Revenue will grow by 1.28% on average per year.
EPS Next Y0.66%
EPS Next 2Y9.16%
EPS Next 3Y11.19%
EPS Next 5Y12.25%
Revenue Next Year-1.53%
Revenue Next 2Y-0.35%
Revenue Next 3Y0.56%
Revenue Next 5Y1.28%
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
Based on the Price/Earnings ratio of 18.76, the valuation of SAM can be described as rather expensive.
SAM's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.98, SAM is valued a bit cheaper.
A Price/Forward Earnings ratio of 17.61 indicates a rather expensive valuation of SAM.
SAM's Price/Forward Earnings ratio is in line with the industry average.
SAM is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.76 | ||
| Fwd PE | 17.61 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SAM indicates a rather cheap valuation: SAM is cheaper than 81.82% of the companies listed in the same industry.
SAM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SAM is cheaper than 87.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.81 | ||
| EV/EBITDA | 7.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SAM does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)28.38
PEG (5Y)N/A
EPS Next 2Y9.16%
EPS Next 3Y11.19%
5. Dividend
5.1 Amount
SAM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
190.96
-1.57 (-0.82%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners89.44%
Inst Owner Change3.13%
Ins Owners9.86%
Ins Owner Change8.1%
Market Cap2.08B
Revenue(TTM)1.98B
Net Income(TTM)92.25M
Analysts53.64
Price Target246.12 (28.89%)
Short Float %12.58%
Short Ratio4.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.93%
Min EPS beat(2)25.12%
Max EPS beat(2)40.74%
EPS beat(4)3
Avg EPS beat(4)82.66%
Min EPS beat(4)-27.29%
Max EPS beat(4)292.05%
EPS beat(8)5
Avg EPS beat(8)1482.66%
EPS beat(12)6
Avg EPS beat(12)959.93%
EPS beat(16)6
Avg EPS beat(16)709.32%
Revenue beat(2)0
Avg Revenue beat(2)-1.56%
Min Revenue beat(2)-1.8%
Max Revenue beat(2)-1.31%
Revenue beat(4)2
Avg Revenue beat(4)0.67%
Min Revenue beat(4)-1.8%
Max Revenue beat(4)3.45%
Revenue beat(8)3
Avg Revenue beat(8)-0.66%
Revenue beat(12)6
Avg Revenue beat(12)0.55%
Revenue beat(16)8
Avg Revenue beat(16)0.14%
PT rev (1m)0.69%
PT rev (3m)0.69%
EPS NQ rev (1m)-30.79%
EPS NQ rev (3m)-31.51%
EPS NY rev (1m)0.29%
EPS NY rev (3m)0.15%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.76 | ||
| Fwd PE | 17.61 | ||
| P/S | 1.05 | ||
| P/FCF | 9.81 | ||
| P/OCF | 7.64 | ||
| P/B | 2.28 | ||
| P/tB | 2.65 | ||
| EV/EBITDA | 7.43 |
EPS(TTM)10.18
EY5.33%
EPS(NY)10.84
Fwd EY5.68%
FCF(TTM)19.46
FCFY10.19%
OCF(TTM)24.99
OCFY13.09%
SpS181.97
BVpS83.65
TBVpS71.93
PEG (NY)28.38
PEG (5Y)N/A
Graham Number138.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.4% | ||
| ROE | 10.13% | ||
| ROCE | 15.87% | ||
| ROIC | 10.93% | ||
| ROICexc | 14.61% | ||
| ROICexgc | 17.64% | ||
| OM | 7.96% | ||
| PM (TTM) | 4.66% | ||
| GM | 47.72% | ||
| FCFM | 10.69% |
ROA(3y)4.95%
ROA(5y)5.95%
ROE(3y)6.63%
ROE(5y)8.26%
ROIC(3y)8.12%
ROIC(5y)8.73%
ROICexc(3y)10.19%
ROICexc(5y)10.53%
ROICexgc(3y)12.36%
ROICexgc(5y)13.08%
ROCE(3y)11.79%
ROCE(5y)12.67%
ROICexgc growth 3Y51.57%
ROICexgc growth 5Y-0.97%
ROICexc growth 3Y53.78%
ROICexc growth 5Y1.55%
OM growth 3Y39.49%
OM growth 5Y-8.36%
PM growth 3Y61.25%
PM growth 5Y-19.42%
GM growth 3Y4.62%
GM growth 5Y-2.01%
F-Score8
Asset Turnover1.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 66.32% | ||
| Cap/Sales | 3.04% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 109.48% | ||
| Profit Quality | 229.71% | ||
| Current Ratio | 1.83 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 6.2 |
F-Score8
WACC8.67%
ROIC/WACC1.26
Cap/Depr(3y)88.4%
Cap/Depr(5y)136.69%
Cap/Sales(3y)3.77%
Cap/Sales(5y)5.31%
Profit Quality(3y)238.48%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.58%
EPS 3Y32.41%
EPS 5Y-0.56%
EPS Q2Q%-20.56%
EPS Next Y0.66%
EPS Next 2Y9.16%
EPS Next 3Y11.19%
EPS Next 5Y12.25%
Revenue 1Y (TTM)-1.13%
Revenue growth 3Y-0.73%
Revenue growth 5Y10%
Sales Q2Q%-11.23%
Revenue Next Year-1.53%
Revenue Next 2Y-0.35%
Revenue Next 3Y0.56%
Revenue Next 5Y1.28%
EBIT growth 1Y2.51%
EBIT growth 3Y38.47%
EBIT growth 5Y0.81%
EBIT Next Year61.36%
EBIT Next 3Y24.51%
EBIT Next 5Y18.86%
FCF growth 1Y53.33%
FCF growth 3YN/A
FCF growth 5Y15.22%
OCF growth 1Y31.27%
OCF growth 3Y64.13%
OCF growth 5Y6.91%
BOSTON BEER COMPANY INC-A / SAM FAQ
What is the ChartMill fundamental rating of BOSTON BEER COMPANY INC-A (SAM) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SAM.
What is the valuation status of BOSTON BEER COMPANY INC-A (SAM) stock?
ChartMill assigns a valuation rating of 4 / 10 to BOSTON BEER COMPANY INC-A (SAM). This can be considered as Fairly Valued.
How profitable is BOSTON BEER COMPANY INC-A (SAM) stock?
BOSTON BEER COMPANY INC-A (SAM) has a profitability rating of 4 / 10.
How financially healthy is BOSTON BEER COMPANY INC-A?
The financial health rating of BOSTON BEER COMPANY INC-A (SAM) is 8 / 10.
Can you provide the expected EPS growth for SAM stock?
The Earnings per Share (EPS) of BOSTON BEER COMPANY INC-A (SAM) is expected to grow by 0.66% in the next year.