BOSTON BEER COMPANY INC-A (SAM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SAM - US1005571070 - Common Stock
207.82 USD
-1.44 (-0.69%)
207.82 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 is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. SAM has a decent growth rate and is not valued too expensively.
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.
SAM had positive earnings in each of the past 5 years.
In the past 5 years SAM always reported a positive cash flow from operatings.
1.2 Ratios
SAM has a Return On Assets of 7.40%. This is in the better half of the industry: SAM outperforms 63.64% of its industry peers.
SAM has a Return On Equity (10.13%) which is in line with its industry peers.
The Return On Invested Capital of SAM (10.93%) is better than 60.61% of its industry peers.
SAM had an Average Return On Invested Capital over the past 3 years of 8.12%. This is below the industry average of 11.47%.
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
Looking at the Profit Margin, with a value of 4.66%, SAM is in line with its industry, outperforming 42.42% of the companies in the same industry.
In the last couple of years the Profit Margin of SAM has declined.
Looking at the Operating Margin, with a value of 7.96%, SAM is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of SAM has declined.
Looking at the Gross Margin, with a value of 47.72%, SAM is in line with its industry, 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.
Compared to 1 year ago, SAM has less shares outstanding
The number of shares outstanding for SAM has been reduced compared to 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 6.44. This indicates that SAM is financially healthy and has little risk of bankruptcy at the moment.
SAM has a Altman-Z score of 6.44. This is amongst the best in the industry. SAM outperforms 87.88% 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 | 6.44 |
ROIC/WACC1.24
WACC8.81%
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.
The Quick ratio of SAM (1.43) is better 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.
SAM shows a decrease in Revenue. In the last year, the revenue decreased by -1.13%.
Measured over the past years, SAM shows a quite strong growth in Revenue. The Revenue has been growing by 10.00% on average per year.
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 11.86% on average over the next years. This is quite good.
SAM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.30% yearly.
EPS Next Y2.12%
EPS Next 2Y8.99%
EPS Next 3Y11.03%
EPS Next 5Y11.86%
Revenue Next Year-1.48%
Revenue Next 2Y-0.37%
Revenue Next 3Y0.51%
Revenue Next 5Y1.3%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.41, SAM is valued on the expensive side.
SAM's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.19. SAM is valued slightly cheaper when compared to this.
SAM is valuated rather expensively with a Price/Forward Earnings ratio of 19.23.
SAM's Price/Forward Earnings is on the same level as the industry average.
SAM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.41 | ||
| Fwd PE | 19.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SAM is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SAM is valued cheaper than 87.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.45 | ||
| EV/EBITDA | 7.97 |
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)9.63
PEG (5Y)N/A
EPS Next 2Y8.99%
EPS Next 3Y11.03%
5. Dividend
5.1 Amount
No dividends for SAM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
207.82
-1.44 (-0.69%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners93.79%
Inst Owner Change0%
Ins Owners10.32%
Ins Owner Change8.1%
Market Cap2.22B
Revenue(TTM)1.98B
Net Income(TTM)92.25M
Analysts53.64
Price Target243.2 (17.02%)
Short Float %12.35%
Short Ratio5.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-1.18%
PT rev (3m)-0.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-32.4%
EPS NY rev (1m)0%
EPS NY rev (3m)1.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.41 | ||
| Fwd PE | 19.23 | ||
| P/S | 1.12 | ||
| P/FCF | 10.45 | ||
| P/OCF | 8.14 | ||
| P/B | 2.43 | ||
| P/tB | 2.83 | ||
| EV/EBITDA | 7.97 |
EPS(TTM)10.18
EY4.9%
EPS(NY)10.81
Fwd EY5.2%
FCF(TTM)19.88
FCFY9.56%
OCF(TTM)25.53
OCFY12.28%
SpS185.89
BVpS85.46
TBVpS73.48
PEG (NY)9.63
PEG (5Y)N/A
Graham Number139.91
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 | 6.44 |
F-Score8
WACC8.81%
ROIC/WACC1.24
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 Y2.12%
EPS Next 2Y8.99%
EPS Next 3Y11.03%
EPS Next 5Y11.86%
Revenue 1Y (TTM)-1.13%
Revenue growth 3Y-0.73%
Revenue growth 5Y10%
Sales Q2Q%-11.23%
Revenue Next Year-1.48%
Revenue Next 2Y-0.37%
Revenue Next 3Y0.51%
Revenue Next 5Y1.3%
EBIT growth 1Y2.51%
EBIT growth 3Y38.47%
EBIT growth 5Y0.81%
EBIT Next Year61.37%
EBIT Next 3Y22.11%
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 for 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.
Can you provide the financial health for SAM stock?
The financial health rating of BOSTON BEER COMPANY INC-A (SAM) is 8 / 10.
What is the expected EPS growth for BOSTON BEER COMPANY INC-A (SAM) stock?
The Earnings per Share (EPS) of BOSTON BEER COMPANY INC-A (SAM) is expected to grow by 2.12% in the next year.