BOSTON BEER COMPANY INC-A (SAM) Stock Fundamental Analysis
USA - NYSE:SAM - US1005571070 - Common Stock
231.6 USD
+11.97 (+5.45%)
231.6 USD
0 (0%)
Taking everything into account, SAM scores 5 out of 10 in our fundamental rating. SAM was compared to 32 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.
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
The Return On Assets of SAM (6.28%) is better than 62.50% of its industry peers.
SAM has a Return On Equity (8.73%) which is in line with its industry peers.
The Return On Invested Capital of SAM (12.54%) is better than 68.75% 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 10.95%.
The last Return On Invested Capital (12.54%) for SAM is above the 3 year average (8.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 8.73% | ||
| ROIC | 12.54% |
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 3.88%, SAM is doing worse than 62.50% of the companies in the same industry.
SAM's Profit Margin has declined in the last couple of years.
The Operating Margin of SAM (8.92%) is worse than 65.63% of its industry peers.
SAM's Operating Margin has declined in the last couple of years.
SAM's Gross Margin of 46.48% is in line compared to the rest of the industry. SAM outperforms 50.00% of its industry peers.
SAM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.92% | ||
| PM (TTM) | 3.88% | ||
| GM | 46.48% |
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.
Compared to 5 years ago, SAM has less shares outstanding
SAM has a worse debt/assets ratio than last year.
2.2 Solvency
SAM has an Altman-Z score of 6.78. This indicates that SAM is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.78, SAM belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
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 | 6.78 |
ROIC/WACC1.45
WACC8.65%
2.3 Liquidity
SAM has a Current Ratio of 1.76. 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 Current ratio (1.76) than 62.50% of its industry peers.
SAM has a Quick Ratio of 1.25. This is a normal value and indicates that SAM is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.25, SAM is doing good in the industry, outperforming 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 47.64% 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.
SAM shows a small growth in Revenue. In the last year, the Revenue has grown by 2.46%.
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)47.64%
EPS 3Y32.41%
EPS 5Y-0.56%
EPS Q2Q%24.15%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y-0.73%
Revenue growth 5Y10%
Sales Q2Q%1.53%
3.2 Future
The Earnings Per Share is expected to grow by 12.69% on average over the next years. This is quite good.
The Revenue is expected to grow by 1.45% on average over the next years.
EPS Next Y0.37%
EPS Next 2Y9.08%
EPS Next 3Y10.54%
EPS Next 5Y12.69%
Revenue Next Year-1.39%
Revenue Next 2Y-0.2%
Revenue Next 3Y0.51%
Revenue Next 5Y1.45%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 20.53, the valuation of SAM can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of SAM is on the same level as its industry peers.
When comparing the Price/Earnings ratio of SAM to the average of the S&P500 Index (26.91), we can say SAM is valued slightly cheaper.
With a Price/Forward Earnings ratio of 21.39, 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.
The average S&P500 Price/Forward Earnings ratio is at 22.92. SAM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.53 | ||
| Fwd PE | 21.39 |
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 84.38% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SAM indicates a rather cheap valuation: SAM is cheaper than 87.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.37 | ||
| EV/EBITDA | 8.4 |
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)55.89
PEG (5Y)N/A
EPS Next 2Y9.08%
EPS Next 3Y10.54%
5. Dividend
5.1 Amount
No dividends for SAM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
231.6
+11.97 (+5.45%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners89.44%
Inst Owner Change0.07%
Ins Owners9.86%
Ins Owner Change5.85%
Market Cap2.52B
Revenue(TTM)2.05B
Net Income(TTM)79.60M
Analysts66.32
Price Target244.44 (5.54%)
Short Float %13.28%
Short Ratio4.89
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)166.39%
Min EPS beat(2)40.74%
Max EPS beat(2)292.05%
EPS beat(4)3
Avg EPS beat(4)77.97%
Min EPS beat(4)-27.29%
Max EPS beat(4)292.05%
EPS beat(8)4
Avg EPS beat(8)1478.24%
EPS beat(12)5
Avg EPS beat(12)955.45%
EPS beat(16)5
Avg EPS beat(16)698.62%
Revenue beat(2)1
Avg Revenue beat(2)1.07%
Min Revenue beat(2)-1.31%
Max Revenue beat(2)3.45%
Revenue beat(4)2
Avg Revenue beat(4)1.06%
Min Revenue beat(4)-1.31%
Max Revenue beat(4)3.45%
Revenue beat(8)4
Avg Revenue beat(8)-0.41%
Revenue beat(12)7
Avg Revenue beat(12)1.03%
Revenue beat(16)9
Avg Revenue beat(16)0.54%
PT rev (1m)0%
PT rev (3m)-4.28%
EPS NQ rev (1m)-0.18%
EPS NQ rev (3m)-28.06%
EPS NY rev (1m)-0.15%
EPS NY rev (3m)-1.96%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-8.47%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-3.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.53 | ||
| Fwd PE | 21.39 | ||
| P/S | 1.23 | ||
| P/FCF | 11.37 | ||
| P/OCF | 8.81 | ||
| P/B | 2.76 | ||
| P/tB | 3.22 | ||
| EV/EBITDA | 8.4 |
EPS(TTM)11.28
EY4.87%
EPS(NY)10.83
Fwd EY4.68%
FCF(TTM)20.37
FCFY8.8%
OCF(TTM)26.28
OCFY11.35%
SpS188.21
BVpS83.78
TBVpS72.01
PEG (NY)55.89
PEG (5Y)N/A
Graham Number145.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 8.73% | ||
| ROCE | 18.21% | ||
| ROIC | 12.54% | ||
| ROICexc | 15.91% | ||
| ROICexgc | 18.99% | ||
| OM | 8.92% | ||
| PM (TTM) | 3.88% | ||
| GM | 46.48% | ||
| FCFM | 10.82% |
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-Score7
Asset Turnover1.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 69.8% | ||
| Cap/Sales | 3.14% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.11% | ||
| Profit Quality | 278.7% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 6.78 |
F-Score7
WACC8.65%
ROIC/WACC1.45
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)47.64%
EPS 3Y32.41%
EPS 5Y-0.56%
EPS Q2Q%24.15%
EPS Next Y0.37%
EPS Next 2Y9.08%
EPS Next 3Y10.54%
EPS Next 5Y12.69%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y-0.73%
Revenue growth 5Y10%
Sales Q2Q%1.53%
Revenue Next Year-1.39%
Revenue Next 2Y-0.2%
Revenue Next 3Y0.51%
Revenue Next 5Y1.45%
EBIT growth 1Y25.8%
EBIT growth 3Y38.47%
EBIT growth 5Y0.81%
EBIT Next Year61.36%
EBIT Next 3Y24.51%
EBIT Next 5Y19.92%
FCF growth 1Y111.49%
FCF growth 3YN/A
FCF growth 5Y15.22%
OCF growth 1Y59.44%
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 0.37% in the next year.