Boston Beer Company
Market Cap
US$8.7b
Last Updated
2021/07/31 22:52 UTC
Data Sources
Company Financials +
Executive Summary
The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has Boston Beer Company's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: SAM's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
SAM
-0.3%
US Beverage
-0.5%
US Market
1 Year Return
-12.4%
SAM
18.2%
US Beverage
35.9%
US Market
Return vs Industry: SAM underperformed the US Beverage industry which returned 18.2% over the past year.
Return vs Market: SAM underperformed the US Market which returned 35.9% over the past year.
Shareholder returns
| SAM | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | -0.3% | -0.5% |
| 30 Day | -26.5% | 3.0% | 0.09% |
| 90 Day | -41.6% | 2.9% | 3.2% |
| 1 Year | -12.4%-12.4% | 21.1%18.2% | 38.0%35.9% |
| 3 Year | 157.6%157.6% | 38.6%28.2% | 62.8%52.6% |
| 5 Year | 295.7%295.7% | 57.4%37.8% | 121.2%96.9% |
Long-Term Price Volatility Vs. Market
How volatile is Boston Beer Company's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Boston Beer Company's (NYSE:SAM) Solid Profits Have Weak Fundamentals2 weeks ago | Simply Wall St
Declining Stock and Solid Fundamentals: Is The Market Wrong About The Boston Beer Company, Inc. (NYSE:SAM)?1 month ago | Simply Wall St
Read This Before Buying The Boston Beer Company, Inc. (NYSE:SAM) SharesValuation
Is Boston Beer Company undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SAM ($710) is trading below our estimate of fair value ($1541.66)
Significantly Below Fair Value: SAM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAM is poor value based on its PE Ratio (36.5x) compared to the US Beverage industry average (33.7x).
PE vs Market: SAM is poor value based on its PE Ratio (36.5x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: SAM is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: SAM is overvalued based on its PB Ratio (8x) compared to the US Beverage industry average (4.7x).
Future Growth
How is Boston Beer Company forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
20.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAM's forecast earnings growth (20.8% per year) is above the savings rate (2%).
Earnings vs Market: SAM's earnings (20.8% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SAM's revenue (14.7% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: SAM's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAM's Return on Equity is forecast to be high in 3 years time (24.8%)
Past Performance
How has Boston Beer Company performed over the past 5 years?
20.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAM has a high level of non-cash earnings.
Growing Profit Margin: SAM's current net profit margins (11.3%) are higher than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: SAM's earnings have grown significantly by 20.8% per year over the past 5 years.
Accelerating Growth: SAM's earnings growth over the past year (75.1%) exceeds its 5-year average (20.8% per year).
Earnings vs Industry: SAM earnings growth over the past year (75.1%) exceeded the Beverage industry 26.6%.
Return on Equity
High ROE: SAM's Return on Equity (22%) is considered high.
Financial Health
How is Boston Beer Company's financial position?
Financial Position Analysis
Short Term Liabilities: SAM's short term assets ($515.1M) exceed its short term liabilities ($317.4M).
Long Term Liabilities: SAM's short term assets ($515.1M) exceed its long term liabilities ($159.5M).
Debt to Equity History and Analysis
Debt Level: SAM is debt free.
Reducing Debt: SAM has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: SAM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAM has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Boston Beer Company current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SAM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SAM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SAM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Dave Burwick (59 yo)
3.17yrs
Tenure
US$4,778,389
Compensation
Mr. David A. Burwick, also known as Dave, has been the President and Chief Executive Officer at The Boston Beer Company, Inc. since April 2018. Mr. Burwick was Chief Executive Officer and President of Peet...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD4.78M) is about average for companies of similar size in the US market ($USD6.47M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SAM's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: SAM's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Boston Beer Company, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Boston Beer Company, Inc.
- Ticker: SAM
- Exchange: NYSE
- Founded: 1984
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: US$8.656b
- Shares outstanding: 12.19m
- Website: https://www.bostonbeer.com
Number of Employees
Location
- The Boston Beer Company, Inc.
- One Design Center Place
- Suite 850
- Boston
- Massachusetts
- 2210
- United States
Listings
Biography
The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company’s flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, and hard s...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 22:52 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/06/26 |
| Annual Earnings | 2020/12/26 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.