BOSTON BEER COMPANY INC-A (SAM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SAM - US1005571070 - Common Stock
195.89 USD
+1.79 (+0.92%)
195.89 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 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.
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 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.
The Return On Invested Capital of SAM (10.93%) is better than 60.61% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SAM is below the industry average of 11.60%.
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's Profit Margin of 4.66% is in line compared to the rest of the industry. SAM outperforms 45.45% of its industry peers.
In the last couple of years the Profit Margin of SAM has declined.
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.
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.
SAM's Gross Margin has declined in the last couple of years.
| 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.
The number of shares outstanding for SAM has been reduced compared to 1 year ago.
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
An Altman-Z score of 6.16 indicates that SAM is not in any danger for bankruptcy at the moment.
SAM's Altman-Z score of 6.16 is amongst the best of 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 | 6.16 |
ROIC/WACC1.25
WACC8.77%
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 better Current ratio (1.83) than 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 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.
The Revenue has decreased by -1.13% in the past year.
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)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 Y0.66%
EPS Next 2Y9.16%
EPS Next 3Y11.19%
EPS Next 5Y11.86%
Revenue Next Year-1.53%
Revenue Next 2Y-0.35%
Revenue Next 3Y0.56%
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
SAM is valuated rather expensively with a Price/Earnings ratio of 19.24.
Compared to the rest of the industry, the Price/Earnings ratio of SAM is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.46. SAM is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 18.07 indicates a rather expensive 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.
SAM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.24 | ||
| Fwd PE | 18.07 |
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 cheaply inside the industry as 90.91% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.85 | ||
| EV/EBITDA | 7.32 |
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)29.11
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 |
195.89
+1.79 (+0.92%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners93.57%
Inst Owner Change3.13%
Ins Owners10.32%
Ins Owner Change8.1%
Market Cap2.09B
Revenue(TTM)1.98B
Net Income(TTM)92.25M
Analysts53.64
Price Target245.39 (25.27%)
Short Float %12.48%
Short Ratio5
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)-4.26%
EPS NQ rev (3m)-32.4%
EPS NY rev (1m)0.29%
EPS NY rev (3m)0.15%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.24 | ||
| Fwd PE | 18.07 | ||
| P/S | 1.05 | ||
| P/FCF | 9.85 | ||
| P/OCF | 7.67 | ||
| P/B | 2.29 | ||
| P/tB | 2.67 | ||
| EV/EBITDA | 7.32 |
EPS(TTM)10.18
EY5.2%
EPS(NY)10.84
Fwd EY5.54%
FCF(TTM)19.88
FCFY10.15%
OCF(TTM)25.53
OCFY13.03%
SpS185.89
BVpS85.46
TBVpS73.48
PEG (NY)29.11
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 | 6.16 |
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 5Y11.86%
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 5Y1.3%
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.