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%)
Overall SAM gets a fundamental rating of 5 out of 10. We evaluated SAM against 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SAM had positive earnings in the past year.
SAM had a positive operating cash flow in the past year.
In the past 5 years SAM has always been profitable.
Each year in the past 5 years SAM had a positive operating cash flow.
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.
The Return On Equity of SAM (10.13%) is comparable to the rest of the industry.
SAM has a better Return On Invested Capital (10.93%) 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 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
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.
SAM's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 7.96%, SAM is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
SAM's Operating Margin has declined in the last couple of years.
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
Compared to 5 years ago, SAM has less shares outstanding
Compared to 1 year ago, SAM has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.42 indicates that SAM is not in any danger for bankruptcy at the moment.
SAM has a Altman-Z score of 6.42. This is amongst the best in the industry. SAM outperforms 87.88% 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 | 6.42 |
ROIC/WACC1.24
WACC8.81%
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.
A Quick Ratio of 1.43 indicates that SAM should not have too much problems paying 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.
SAM shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.56% yearly.
The Revenue has decreased by -1.13% in the past year.
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
SAM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.86% yearly.
The Revenue is expected to grow by 1.30% on average over the next years.
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.
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 20.41, the valuation of SAM can be described as rather expensive.
SAM's Price/Earnings ratio is in line with the industry average.
SAM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.19.
The Price/Forward Earnings ratio is 19.23, which indicates a rather expensive current valuation of SAM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SAM is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.92. SAM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.41 | ||
| Fwd PE | 19.23 |
4.2 Price Multiples
SAM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SAM is cheaper than 81.82% of the companies in the same industry.
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 | 7.91 |
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)9.63
PEG (5Y)N/A
EPS Next 2Y8.99%
EPS Next 3Y11.03%
5. Dividend
5.1 Amount
SAM does not give a dividend.
| 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 Change-0.11%
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)-0.89%
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 | 7.91 |
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 | 6.42 |
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.