BOSTON BEER COMPANY INC-A (SAM) Stock Fundamental Analysis
USA - NYSE:SAM - US1005571070 - Common Stock
198.24 USD
-2.78 (-1.38%)
197.88 USD
-0.36 (-0.18%)
SAM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 33 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
SAM had positive earnings in the past year.
In the past year SAM had a positive cash flow from operations.
Each year in the past 5 years SAM has been profitable.
Each year in the past 5 years SAM had a positive operating cash flow.
1.2 Ratios
SAM has a better Return On Assets (7.40%) than 66.67% of its industry peers.
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.
SAM has a better Return On Invested Capital (10.93%) than 60.61% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SAM is below the industry average of 10.84%.
The last Return On Invested Capital (10.93%) for SAM is above the 3 year average (8.12%), which is a sign of increasing profitability.
| 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
With a Profit Margin value of 4.66%, SAM perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
SAM's Profit Margin has declined in the last couple of years.
SAM's Operating Margin of 7.96% is on the low side compared to the rest of the industry. SAM is outperformed by 69.70% of its industry peers.
In the last couple of years the Operating Margin of SAM has declined.
The Gross Margin of SAM (47.72%) is comparable to the rest of the 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
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 less shares outstanding than it did 5 years ago.
The debt/assets ratio for SAM is higher compared to a year ago.
2.2 Solvency
SAM has an Altman-Z score of 6.32. This indicates that SAM is financially healthy and has little risk of bankruptcy at the moment.
SAM's Altman-Z score of 6.32 is amongst the best of the industry. SAM outperforms 84.85% 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 | 6.32 |
ROIC/WACC1.25
WACC8.77%
2.3 Liquidity
A Current Ratio of 1.83 indicates that SAM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.83, SAM is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
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 better Quick ratio (1.43) than 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.
Measured over the past years, SAM shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.56% on average per year.
Looking at the last year, SAM shows a decrease in Revenue. The Revenue has decreased by -1.13% in the last year.
The Revenue has been growing by 10.00% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 12.25% on average over the next years. This is quite good.
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
A Price/Earnings ratio of 19.47 indicates a rather expensive valuation of SAM.
SAM's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of SAM to the average of the S&P500 Index (25.89), we can say SAM is valued slightly cheaper.
SAM is valuated rather expensively with a Price/Forward Earnings ratio of 18.28.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SAM is on the same level as its industry peers.
SAM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 18.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SAM is valued cheaper than 81.82% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SAM is valued cheaply inside the industry as 87.88% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.19 | ||
| EV/EBITDA | 7.68 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)29.46
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 |
198.24
-2.78 (-1.38%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners89.44%
Inst Owner Change3.46%
Ins Owners9.86%
Ins Owner Change10.65%
Market Cap2.16B
Revenue(TTM)1.98B
Net Income(TTM)92.25M
Analysts53.64
Price Target246.12 (24.15%)
Short Float %12.71%
Short Ratio4.68
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)0.15%
EPS NY rev (3m)-1.68%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 18.28 | ||
| P/S | 1.09 | ||
| P/FCF | 10.19 | ||
| P/OCF | 7.93 | ||
| P/B | 2.37 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 7.68 |
EPS(TTM)10.18
EY5.14%
EPS(NY)10.84
Fwd EY5.47%
FCF(TTM)19.46
FCFY9.82%
OCF(TTM)24.99
OCFY12.6%
SpS181.97
BVpS83.65
TBVpS71.93
PEG (NY)29.46
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 | 6.32 |
F-Score8
WACC8.77%
ROIC/WACC1.25
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.