# The Boston Beer Company Inc. (SAM) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Defensive / Beverages. Price $168.78, market value $1.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). The Boston Beer Company Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.17**. A PEG of 0.17 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 11.9%** (5-yr avg 4.2%). Free cash flow equals 11.9% of the market value, above its five-year average of 4.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 48.9%**. The Boston Beer Company Inc. keeps 48.9% of revenue after the direct cost of what it sells.
- **Operating margin: -4.7%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 5.5%**. 5.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.8%**. 12.8% on shareholders' equity is solid.
- **Return on invested capital: -11.5%**. Return on all capital, debt included, is -11.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -5.9%**. Each dollar of assets produces -5.9% of profit.

## Growth
- **Revenue growth (1 yr): -2.4%** (3-yr -2.0%/yr, 5-yr 2.5%/yr). Revenue fell 2.4% over the last year, against 2.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 95.5%** (3-yr 22.0%/yr, 5-yr -8.6%/yr). Earnings per share rose 95.5%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 25.4%/yr**. Free cash flow has compounded at 25.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Current ratio: 1.65** (quick 1.65). Current assets cover the next year's liabilities 1.65 times.
- **Altman Z-score: 6.21**. A Z-score of 6.21 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. The Boston Beer Company Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: hold** (12 analysts). 12 analysts cover The Boston Beer Company Inc.; the consensus is hold, with an average price target of $199.83 (+18% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -24.3%** (YTD -13.5%, 3-mo 2.5%). The shares are down 24.3% over twelve months including dividends.
- **From 52-week high: -36.2%** (6.4% above the low). Trading 36% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 35**. An RSI of 35 is neutral.
- **Beta (1 yr): -0.01** (volatility 38%). Beta of -0.01 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SAM · Page: https://foliofundamentals.com/stocks/sam

Not investment advice.