Boston Beer Company Inc
NYSE:SAM
Intrinsic Value
Boston Beer Co., Inc. engages in the production of alcoholic beverages. [ Read More ]
The intrinsic value of one SAM stock under the Base Case scenario is 341.76 USD. Compared to the current market price of 307.97 USD, Boston Beer Company Inc is Undervalued by 10%.
Valuation Backtest
Boston Beer Company Inc
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Fundamental Analysis
Optimizing Brand Mix Amid Market Shifts
2023-Q4 Earnings Call
In the diverse beverage market, Twisted Tea and Truly are evolving. Twisted Tea Extreme will tap new drinking occasions and expand in 2024, capitalizing on a strong growth trajectory. Truly, shifting towards light refreshment, produced sequential improvements with its lightly flavored styles growing by 2%, outpacing the declining hard seltzer category that's expected to shrink in the low teens for 2024. Despite a smaller revenue and share loss in 2023 due to reduced sales volumes partly from losing the 53rd week, operational enhancements led to higher gross margins and lower expenses. Looking ahead, the focus remains on innovative offerings, such as Truly Tequila Soda, and margin improvements projected between 43%-45% with a long-term target reaching up to 50%, amidst expected low single-digit changes in depletions and shipments. The company sustains strong liquidity, with $298.5 million in cash and a $150 million credit line, enabling investment in growth and shareholder returns.
Balance Sheet Decomposition
Boston Beer Company Inc
Current Assets | 503.5m |
Cash & Short-Term Investments | 298.5m |
Receivables | 68.7m |
Other Current Assets | 136.3m |
Non-Current Assets | 926.5m |
PP&E | 678.1m |
Intangibles | 172.2m |
Other Non-Current Assets | 76.2m |
Current Liabilities | 223.3m |
Accounts Payable | 87.2m |
Accrued Liabilities | 136m |
Non-Current Liabilities | 128.8m |
Other Non-Current Liabilities | 128.8m |
Earnings Waterfall
Boston Beer Company Inc
Revenue
|
2B
USD
|
Cost of Revenue
|
-1.2B
USD
|
Gross Profit
|
852.4m
USD
|
Operating Expenses
|
-730.5m
USD
|
Operating Income
|
121.8m
USD
|
Other Expenses
|
-45.6m
USD
|
Net Income
|
76.3m
USD
|
Free Cash Flow Analysis
Boston Beer Company Inc
What is Free Cash Flow?
SAM Profitability Score
Profitability Due Diligence
Boston Beer Company Inc's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
Score
Boston Beer Company Inc's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
SAM Solvency Score
Solvency Due Diligence
Boston Beer Company Inc's solvency score is 76/100. The higher the solvency score, the more solvent the company is.
Score
Boston Beer Company Inc's solvency score is 76/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
SAM Price Targets Summary
Boston Beer Company Inc
According to Wall Street analysts, the average 1-year price target for SAM is 333.62 USD with a low forecast of 259.57 USD and a high forecast of 414.75 USD.
Ownership
SAM Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
SAM Price
Boston Beer Company Inc
Average Annual Return | 25.2% |
Standard Deviation of Annual Returns | 93.53% |
Max Drawdown | -78% |
Market Capitalization | 3.7B USD |
Shares Outstanding | 12 020 000 |
Percentage of Shares Shorted | 4.17% |
SAM News
Last Important Events
Boston Beer Company Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Boston Beer Company Inc
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Boston Beer Co., Inc. engages in the production of alcoholic beverages. The company is headquartered in Boston, Massachusetts and currently employs 2,543 full-time employees. The firm is engaged in selling alcohol beverages throughout the United States and in selected international markets. Its brands include Truly Hard Seltzer, Twisted Tea, Samuel Adams, Angry Orchard, Hard Cider, and Dogfish Head Craft Brewery, as well as other local craft beer brands. The firm also produces alcohol beverages, including hard seltzer, malt beverages and hard cider at Company-owned breweries and its cidery and under contract arrangements at other brewery locations. The Company’s breweries include Boston Brewery, Cincinnati Brewery, Milton Brewery, Pennsylvania Brewery, Samuel Adams Boston Downtown Tap Room, Dogfish Head Brewings and Eats, Coney Island Brewery, Angel City Brewery and Miami Brewery. The firm also produces a small number of distilled spirits at the Milton Brewery. In addition, the Company owns an apple orchard and cidery located in Walden, New York, and a restaurant in Rehoboth, Delaware.
Contact
IPO
Employees
Officers
The intrinsic value of one SAM stock under the Base Case scenario is 341.76 USD.
Compared to the current market price of 307.97 USD, Boston Beer Company Inc is Undervalued by 10%.