The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States.
Exceptional growth potential with excellent balance sheet.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SAM exceeded the US Beverage industry which returned -6.7% over the past year.
Return vs Market: SAM exceeded the US Market which returned 4.8% over the past year.
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
2 months ago | Simply Wall StHow Does Boston Beer Company's (NYSE:SAM) P/E Compare To Its Industry, After Its Big Share Price Gain?
2 months ago | Simply Wall StIs The Boston Beer Company, Inc.’s (NYSE:SAM) 18% ROCE Any Good?
3 months ago | Simply Wall StWith EPS Growth And More, Boston Beer Company (NYSE:SAM) Is Interesting
Is Boston Beer Company undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SAM ($559.2) is trading above our estimate of fair value ($479.64)
Significantly Below Fair Value: SAM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SAM is poor value based on its PE Ratio (64.3x) compared to the Beverage industry average (29.4x).
PE vs Market: SAM is poor value based on its PE Ratio (64.3x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: SAM is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: SAM is overvalued based on its PB Ratio (8.8x) compared to the US Beverage industry average (4.3x).
How is Boston Beer Company forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAM's forecast earnings growth (29% per year) is above the savings rate (2.2%).
Earnings vs Market: SAM's earnings (29% per year) are forecast to grow faster than the US market (22.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SAM's revenue (21.1% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: SAM's revenue (21.1% per year) is forecast to grow faster 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 (20.5%)
How has Boston Beer Company performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAM has high quality earnings.
Growing Profit Margin: SAM's current net profit margins (7.8%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: SAM's earnings have grown by 3.4% per year over the past 5 years.
Accelerating Growth: SAM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SAM had negative earnings growth (-2%) over the past year, making it difficult to compare to the Beverage industry average (-0.9%).
Return on Equity
High ROE: SAM's Return on Equity (13.8%) is considered low.
How is Boston Beer Company's financial position?
Financial Position Analysis
Short Term Liabilities: SAM's short term assets ($336.0M) exceed its short term liabilities ($186.8M).
Long Term Liabilities: SAM's short term assets ($336.0M) exceed its long term liabilities ($248.5M).
Debt to Equity History and Analysis
Debt Level: SAM's debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: SAM's debt to equity ratio has increased from 0.1% to 13.2% over the past 5 years.
Debt Coverage: SAM's debt is well covered by operating cash flow (183.5%).
Interest Coverage: SAM earns more interest than it pays, so coverage of interest payments is not a concern.
What is Boston Beer Company current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SAM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SAM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SAM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Burwick (58yo)
Mr. David A. Burwick, also known as Dave, has been the President and Chief Executive Officer at The Boston Beer Company, Inc. since April 2018.. Mr. Burwick was Chief Executive Officer and President of Pee ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD4.21M) is below average for companies of similar size in the US market ($USD7.32M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
|Founder & Chairman of the Board||no data||US$1.23m||23.45% $1.6b|
|CFO & Treasurer||4.42yrs||US$1.73m||0.051% $3.4m|
|Chief Sales Officer||4.5yrs||US$1.74m||0.0076% $513.6k|
|Chief Marketing Officer||1.25yrs||US$3.78m||no data|
|Founder & Brewer of Dogfish Head||no data||no data||3.36% $226.1m|
|Chief Accounting Officer||4.92yrs||no data||0.0066% $444.3k|
|VP of Legal & Deputy General Counsel||4yrs||no data||0.011% $742.5k|
|Chief People Officer||0.33yr||no data||no data|
|Senior Vice President of Supply Chain||4.5yrs||US$1.15m||0.016% $1.1m|
Experienced Management: SAM's management team is considered experienced (4.4 years average tenure).
|Founder & Chairman of the Board||no data||US$1.23m||23.45% $1.6b|
|Non-Executive Director||8.5yrs||US$144.86k||0.65% $43.8m|
|Lead Independent Director||7.17yrs||US$173.86k||0.16% $11.0m|
|Independent Director||4.17yrs||US$166.86k||no data|
|Independent Director||0.50yr||no data||no data|
|Independent Director||1.33yrs||US$278.91k||no data|
Experienced Board: SAM's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SAM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.4%.
The Boston Beer Company, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: The Boston Beer Company, Inc.
- Ticker: SAM
- Exchange: NYSE
- Founded: 1984
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: US$6.732b
- Shares outstanding: 12.04m
- Website: https://www.bostonbeer.com
Number of Employees
- The Boston Beer Company, Inc.
- One Design Center Place
- Suite 850
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SAM||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Nov 1995|
|BBEA||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Nov 1995|
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 seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach, Wild Leaf, and Tura brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other retail outlets. It also sells in products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/03 23:58|
|End of Day Share Price||2020/07/02 00:00|
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.