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BOSTON BEER COMPANY INC-A (SAM) Stock Fundamental Analysis

USA - NYSE:SAM - US1005571070 - Common Stock

193.69 USD
+0.66 (+0.34%)
Last: 11/20/2025, 10:36:17 AM
Fundamental Rating

5

Overall SAM gets a fundamental rating of 5 out of 10. We evaluated SAM against 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.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year SAM was profitable.
In the past year SAM had a positive cash flow from operations.
In the past 5 years SAM has always been profitable.
In the past 5 years SAM always reported a positive cash flow from operatings.
SAM Yearly Net Income VS EBIT VS OCF VS FCFSAM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M

1.2 Ratios

SAM's Return On Assets of 7.40% is fine compared to the rest of the industry. SAM outperforms 66.67% of its industry peers.
SAM has a Return On Equity of 10.13%. This is comparable to the rest of the industry: SAM outperforms 51.52% of 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 10.84%.
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 RankSector 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%
SAM Yearly ROA, ROE, ROICSAM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

With a Profit Margin value of 4.66%, SAM perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
SAM's Profit Margin has declined in the last couple of years.
SAM has a worse Operating Margin (7.96%) than 69.70% of its industry peers.
SAM's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 47.72%, SAM perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
SAM's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
SAM Yearly Profit, Operating, Gross MarginsSAM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

8

2. Health

2.1 Basic Checks

SAM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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.
SAM Yearly Shares OutstandingSAM Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
SAM Yearly Total Debt VS Total AssetsSAM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

2.2 Solvency

SAM has an Altman-Z score of 6.21. This indicates that SAM is financially healthy and has little risk of bankruptcy at the moment.
SAM has a Altman-Z score of 6.21. This is amongst the best in the industry. SAM outperforms 84.85% 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 6.21
ROIC/WACC1.25
WACC8.75%
SAM Yearly LT Debt VS Equity VS FCFSAM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 1.83 indicates that SAM should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.83, SAM is doing good in the industry, outperforming 63.64% of the companies in the same industry.
A Quick Ratio of 1.43 indicates that SAM should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.43, SAM is in the better half of the industry, outperforming 78.79% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.83
Quick Ratio 1.43
SAM Yearly Current Assets VS Current LiabilitesSAM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

4

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.
The Earnings Per Share has been decreasing by -0.56% on average over the past years.
SAM shows a decrease in Revenue. In the last year, the revenue decreased by -1.13%.
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

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.
The Revenue is expected to grow by 1.28% on average over the next years.
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.
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.
SAM Yearly Revenue VS EstimatesSAM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 500M 1B 1.5B 2B 2.5B
SAM Yearly EPS VS EstimatesSAM Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 5 10 15 20 25

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 19.03, which indicates a rather expensive current valuation of SAM.
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 25.47.
With a Price/Forward Earnings ratio of 17.86, 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 35.42, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 19.03
Fwd PE 17.86
SAM Price Earnings VS Forward Price EarningsSAM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

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 RankSector Rank
P/FCF 9.95
EV/EBITDA 7.45
SAM Per share dataSAM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

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)28.78
PEG (5Y)N/A
EPS Next 2Y9.16%
EPS Next 3Y11.19%

0

5. Dividend

5.1 Amount

SAM does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

BOSTON BEER COMPANY INC-A

NYSE:SAM (11/20/2025, 10:36:17 AM)

193.69

+0.66 (+0.34%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)10-23 2025-10-23/amc
Earnings (Next)02-23 2026-02-23/amc
Inst Owners89.44%
Inst Owner Change3.46%
Ins Owners9.86%
Ins Owner Change10.65%
Market Cap2.11B
Revenue(TTM)1.98B
Net Income(TTM)92.25M
Analysts53.64
Price Target246.12 (27.07%)
Short Float %12.58%
Short Ratio4.8
Dividend
Industry RankSector 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)-30.79%
EPS NQ rev (3m)-31.51%
EPS NY rev (1m)0.15%
EPS NY rev (3m)-1.68%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)0.13%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-0.5%
Valuation
Industry RankSector Rank
PE 19.03
Fwd PE 17.86
P/S 1.06
P/FCF 9.95
P/OCF 7.75
P/B 2.32
P/tB 2.69
EV/EBITDA 7.45
EPS(TTM)10.18
EY5.26%
EPS(NY)10.84
Fwd EY5.6%
FCF(TTM)19.46
FCFY10.05%
OCF(TTM)24.99
OCFY12.9%
SpS181.97
BVpS83.65
TBVpS71.93
PEG (NY)28.78
PEG (5Y)N/A
Graham Number138.42
Profitability
Industry RankSector 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 RankSector 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 6.21
F-Score8
WACC8.75%
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.