BOSTON BEER COMPANY INC-A (SAM) Stock Fundamental Analysis
USA - NYSE:SAM - US1005571070 - Common Stock
200.03 USD
+0.58 (+0.29%)
200.03 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 correct valuation and a medium growth rate.
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.
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
The Return On Assets of SAM (7.40%) is better than 63.64% of its industry peers.
With a Return On Equity value of 10.13%, SAM perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
SAM has a better Return On Invested Capital (10.93%) than 69.70% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SAM is below the industry average of 10.75%.
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
SAM has a worse Profit Margin (4.66%) than 63.64% of its industry peers.
In the last couple of years the Profit Margin of SAM has declined.
SAM has a Operating Margin of 7.96%. This is in the lower half of the industry: SAM underperforms 66.67% of its industry peers.
SAM's Operating Margin has declined in the last couple of years.
SAM has a Gross Margin (47.72%) which 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
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.
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
An Altman-Z score of 6.35 indicates that SAM is not in any danger for bankruptcy at the moment.
SAM has a Altman-Z score of 6.35. This is amongst the best in 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 | 6.35 |
ROIC/WACC1.25
WACC8.74%
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
The Earnings Per Share has grown by an nice 9.58% over the past year.
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.
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 12.25% yearly.
SAM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.28% yearly.
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.
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
SAM is valuated rather expensively with a Price/Earnings ratio of 19.65.
SAM's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.83. SAM is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 18.45, SAM is valued on the expensive side.
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 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.65 | ||
| Fwd PE | 18.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SAM is valued cheaply inside the industry as 87.88% of the companies are valued more expensively.
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 | 10.28 | ||
| EV/EBITDA | 7.76 |
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)29.72
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 |
200.03
+0.58 (+0.29%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners89.44%
Inst Owner Change0.54%
Ins Owners9.86%
Ins Owner Change9.32%
Market Cap2.18B
Revenue(TTM)1.98B
Net Income(TTM)92.25M
Analysts53.64
Price Target246.12 (23.04%)
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)-31.51%
EPS NQ rev (3m)-31.51%
EPS NY rev (1m)0.15%
EPS NY rev (3m)-1.68%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.65 | ||
| Fwd PE | 18.45 | ||
| P/S | 1.1 | ||
| P/FCF | 10.28 | ||
| P/OCF | 8.01 | ||
| P/B | 2.39 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 7.76 |
EPS(TTM)10.18
EY5.09%
EPS(NY)10.84
Fwd EY5.42%
FCF(TTM)19.46
FCFY9.73%
OCF(TTM)24.99
OCFY12.49%
SpS181.97
BVpS83.65
TBVpS71.93
PEG (NY)29.72
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 | 6.35 |
F-Score8
WACC8.74%
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.