Grufity logoGrufity logo

Boston Beer Company Inc Stock Research

SAM

327.08USD+0.89(+0.27%)Market Closed

Market Summary

USD327.08+0.89
Market Closed
0.27%

SAM Alerts

SAM Stock Price

SAM RSI Chart

SAM Valuation

Market Cap

4.0B

Price/Earnings (Trailing)

59.91

Price/Sales (Trailing)

1.81

EV/EBITDA

22.28

Price/Free Cashflow

36.85

SAM Price/Sales (Trailing)

SAM Profitability

EBT Margin

4.11%

Return on Equity

6.29%

Return on Assets

4.73%

Free Cashflow Yield

2.71%

SAM Fundamentals

SAM Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

27.4%

Revenue Q/Q

-24.96%

SAM Earnings

Earnings (TTM)

67.3M

Earnings Y/Y

77.95%

Earnings Q/Q

-141.84%

Price Action

52 Week Range

287.00422.75
(Low)(High)

Last 7 days

2.8%

Last 30 days

1.0%

Last 90 days

-0.7%

Trailing 12 Months

-15.3%

SAM Financial Health

Current Ratio

2.07

SAM Investor Care

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

5.44

Peers (Alternatives to Boston Beer Company)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
267.5B
43.0B
4.73% 2.36%
28.03
6.22
11.25% -2.34%
243.6B
86.4B
4.91% 8.41%
27.34
2.82
8.70% 16.96%
149.8B
80.7B
-0.70% 5.63%
16.55
1.86
-1.89% -0.67%
49.5B
14.1B
1.68% -6.46%
34.45
3.52
10.83% -33.08%
27.4B
6.3B
3.16% 31.13%
23.01
4.34
13.89% -13.49%
11.2B
12.8B
-2.06% -4.14%
-63.93
0.87
2.87% -117.43%
MID-CAP
7.0B
653.6M
0.70% 59.97%
-37.29
10.69
107.97% -4902.10%
4.0B
2.2B
1.01% -15.32%
59.91
1.81
1.18% 362.19%
2.1B
782.4M
-6.78% 10.54%
19.1
2.66
24.83% 19.88%
SMALL-CAP
365.3M
50.8M
3480.11% 988.71%
-20.12
7.19
6.92% -22.73%
24.8M
73.3M
-31.40% -81.66%
-0.8
0.34
32.40% 6.88%
12.0M
67.9M
-10.37% -46.20%
30.49
0.18
6.35% -24.82%
4.8M
1.2B
11.36% 17.61%
0.03
0
4.98% -14.14%

Financials for Boston Beer Company

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.8%2,2232,1202,0862,0722,197
Gross Profit8.3%862796711721798
Operating Expenses1.3%771762791792790
  S&GA Expenses0.3%578577590597607
EBITDA52.3%173113-3.333.0079.00
EBITDA Margin45.3%0.08*0.05*0.00*0.00*0.04*
Earnings Before Taxes172.7%91.0034.00-81.16-71.947.00
EBT Margin160.1%0.04*0.02*-0.04*-0.03*0.00*
Net Income150.1%67.0027.00-58.81-52.9715.00
Net Income Margin138.6%0.03*0.01*-0.03*-0.03*0.01*
Free Cahsflow-17.7%10913332.00-136-91.62
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-7.2%1,4211,5311,4801,3901,387
  Current Assets-20.0%423529450357345
    Cash Equivalents-18.7%18122213816.0027.00
  Inventory-22.8%148192164163149
  Net PPE-0.4%668671675669665
  Goodwill0%113113113113113
Liabilities-22.9%352457436405403
  Current Liabilities-34.9%204314291246255
Shareholder's Equity-0.5%1,0691,0741,044985983
  Retained Earnings-2.5%439451423370372
  Additional Paid-In Capital0.9%630624621615612
Accumulated Depreciation-494----
Shares Outstanding0.0%12.0012.0012.00--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-13.2%200230147-4.5256.00
  Share Based Compensation-6.3%14.0015.0016.0017.0019.00
Cashflow From Investing8.6%-88.51-96.82-113-131-146
Cashflow From Financing34.3%3.002.002.007.00-6.64

Risks for SAM

What is the probability of a big loss on SAM?

81.5%


Probability that Boston Beer Company stock will be more than 20% underwater in next one year

39.6%


Probability that Boston Beer Company stock will be more than 30% underwater in next one year.

29.2%


Probability that Boston Beer Company stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SAM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Boston Beer Company was unfortunately bought at previous high price.

Drawdowns

Returns for SAM

Cumulative Returns on SAM

7.5%


10-Year Cumulative Returns

8.5%


7-Year Cumulative Returns

11.6%


5-Year Cumulative Returns

-3.5%


3-Year Cumulative Returns

What are the long-term rolling returns for SAM?

FIve years rolling returns for Boston Beer Company.

Annualized Returns

Which funds bought or sold SAM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-2.86
-22,936
2,073,670
0.02%
2023-03-17
American Portfolios Advisors
unchanged
-
621
9,710
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.05
12,049
687,049
-%
2023-03-06
Rockefeller Capital Management L.P.
added
4.91
43,000
675,000
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
126,206
126,206
-%
2023-02-28
Voya Investment Management LLC
added
8.83
299,456
3,071,460
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-88.49
-1,665,890
221,108
-%
2023-02-24
SRS Capital Advisors, Inc.
sold off
-100
-16,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-5.78
-57,000
1,347,000
0.01%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
9.22
15,284
148,284
-%

1–10 of 43

Latest Funds Activity

Are funds buying SAM calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SAM
No. of Funds

Boston Beer Company News

Seeking Alpha

Alcohol pricing is reportedly the subject of a new FTC probe.

Seeking Alpha,
15 hours ago

Stocktrades.ca

Seeking Alpha

Yahoo Finance

InvestorsObserver

Schedule 13G FIlings of Boston Beer Company

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
t. rowe price investment management, inc.
12.1%
1,239,545
SC 13G/A
Feb 10, 2023
koch c james
18.40%
2,271,472
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
8.79%
898,929
SC 13G/A
Feb 03, 2023
blackrock inc.
8.2%
842,595
SC 13G/A
Jun 10, 2022
fmr llc
-
0
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
12.9%
1,324,015
SC 13G/A
Feb 10, 2022
koch c james
18.50%
2,274,753
SC 13G/A
Feb 09, 2022
vanguard group inc
8.42%
859,096
SC 13G/A
Feb 01, 2022
blackrock inc.
7.8%
798,400
SC 13G/A

SAM Fair Value

Boston Beer Company fair value in different scenarios

The table shows the Fair Value estimates for Boston Beer Company for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

120.85

-63.05%

192.02

-41.29%

312.90

-4.34%

464.90

42.14%

693.04

111.89%
Current Inflation

229.07

-29.97%

298.55

-8.72%

419.78

28.34%

633.28

93.62%

864.49

164.31%
Very High Inflation

103.16

-68.46%

153.41

-53.10%

235.70

-27.94%

340.94

4.24%

494.05

51.05%

Historical Boston Beer Company Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Boston Beer Company

View All Filings
Date Filed Form Type Document
Mar 28, 2023
8-K
Current Report
Mar 21, 2023
4
Insider Trading
Mar 21, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
8-K
Current Report
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading

Latest Insider Trading transactions for SAM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-17
O'Boyle Carolyn L.
acquired
17,679
226
78.00
chief people officer
2023-03-17
Murphy Matthew Donal
acquired
17,679
194
91.00
cao & interim cfo
2023-03-06
Fritsch Annette N
sold
-70,041
318
-220
vp of product design and r&d
2023-03-01
Smalla Frank H.
sold (taxes)
-63,464
323
-196
chief financial officer
2023-03-01
Fritsch Annette N
sold (taxes)
-34,646
323
-107
vp of product design and r&d
2023-03-01
Lysyj Lesya
sold (taxes)
-39,827
323
-123
chief marketing officer
2023-03-01
Geist John C
acquired
-
-
1,545
chief sales officer
2023-03-01
HEATH TARA L.
sold (taxes)
-46,627
323
-144
chief legal officer
2023-03-01
Lysyj Lesya
acquired
-
-
850
chief marketing officer
2023-03-01
Fritsch Annette N
acquired
-
-
464
vp of product design and r&d

1–10 of 50

David A. Burwick
2540
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 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.

SAM Income Statement

2022-12-31
Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 25, 2021
Dec. 26, 2020
Income Statement [Abstract]   
Revenue$ 2,222,667$ 2,196,650$ 1,851,813
Less excise taxes132,333139,028115,381
Net revenue2,090,3342,057,6221,736,432
Cost of goods sold1,228,3481,259,830921,980
Gross profit861,986797,792814,452
Operating expenses:   
Advertising, promotional and selling expenses578,400606,994447,568
General and administrative expenses157,534133,624118,211
Contract termination costs and other5,37930,678 
Impairment of intangible assets27,100  
Impairment of brewery assets2,78218,4994,466
Total operating expenses771,195789,795570,245
Operating income90,7917,997244,207
Other (expense) income:   
Interest (expense) income, net2,561(110)(199)
Other (expense) income, net(1,916)(978)222
Total other (expense) income, net645(1,088)23
Income before income tax provision (benefit)91,4366,909244,230
Income tax (benefit) provision24,173(7,644)52,270
Net income$ 67,263$ 14,553$ 191,960
Net income per common share - basic$ 5.46$ 1.19$ 15.73
Net income per common share - diluted$ 5.44$ 1.17$ 15.53
Weighted-average number of common shares - basic12,31712,28012,204
Weighted-average number of common shares - diluted12,34512,43612,283
Net income$ 67,263$ 14,553$ 191,960
Other comprehensive income (loss):   
Foreign currency translation adjustment(269)(32)25
Defined benefit plans liability adjustment253901,392
Total other comprehensive income (loss), net of tax(16)581,417
Comprehensive income$ 67,247$ 14,611$ 193,377

SAM Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 25, 2021
Current Assets:  
Cash and cash equivalents$ 180,560$ 26,853
Restricted cash039,468
Accounts receivable56,67255,022
Inventories148,450149,118
Prepaid expenses and other current assets27,46121,462
Income tax receivable10,12653,418
Total current assets423,269345,341
Property, plant and equipment, net667,909664,815
Operating right-of-use assets43,76852,774
Goodwill112,529112,529
Intangible assets76,324103,677
Third-party production prepayments61,33988,294
Other assets35,63519,354
Total assets1,420,7731,386,784
Current Liabilities:  
Accounts payable84,24885,920
Accrued expenses and other current liabilities111,153161,552
Current operating lease liabilities8,8667,634
Total current liabilities204,267255,106
Deferred income taxes, net96,59287,495
Non-current operating lease liabilities45,27453,849
Other liabilities6,0916,925
Total liabilities352,224403,375
Commitments and Contingencies (See Note N)
Stockholders’ Equity:  
Additional paid-in capital629,515611,622
Accumulated other comprehensive loss(210)(194)
Retained earnings439,121371,858
Total stockholders’ equity1,068,549983,409
Total liabilities and stockholders’ equity1,420,7731,386,784
Common Class A  
Stockholders’ Equity:  
Common Stock102102
Common Class B  
Stockholders’ Equity:  
Common Stock$ 21$ 21