10 Year Financial Data of Boston Beer Company, Inc. (SAM)

150.38 (1y: +41%)

Market Cap	1.97 B	P/E(ttm)	34.50
Enterprise Value	1.94 B	P/B	7.90

SAM- NYSE (USA)
Boston Beer Company, Inc.

Currently 4.5/5

Business Predictability Rank: 4.5-Star (On Watch)
Back Testing Results:
Average gain of all 4.5-Star stocks: 10.6% per year.
% of Stocks that are in still loss if held for 10yrs: 10%.
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$150.38

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Annual Rates (per share)	10 yrs*	5 yrs*	12 months*
Revenue Growth (%)	13.8	12.1	16.3
EBITDA Growth (%)	24	44.3	-9.3
Free Cash Flow Growth (%)	0	0	-83.7
Book Value Growth (%)	16	14.6	25.1

*12-month growth rate is calculated with the per share revenue (EBITDA, FCF, earnings) of the last 12 months over the per share revenue (EBITDA, FCF, earnings) over the previous 12 months. 5-year and 10-year growth rates are calculated with least-square regression based on the 5-year and 10-year numbers.

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See this page for the explanation of the data and charts * All numbers are in millions except for per share data

Per Share Data	Annuals											Quarterly
Fiscal Period	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	TTM	Mar12	Jun12	Sep12	Dec12	Mar13

Revenue per Share ($)	13.86	14.96	16.42	19.86	23.24	27.78	28.91	32.60	37.33	43.19	44.81	8.42	10.98	12.37	11.39	10.07
EBITDA per Share	1.53	1.69	1.92	2.29	2.96	1.85	4.96	6.93	8.91	8.62	8.48	1.23	2.11	2.87	2.41	1.09
Free Cashflow per Share	1.19	1.01	1.02	1.39	1.92	-1.37	3.38	3.81	3.87	2.18	0.54	-0.87	0.24	1.77	1.05	-2.52
Earnings per Share ($)	0.70	0.86	1.07	1.27	1.53	0.56	2.17	3.52	4.81	4.39	4.36	0.56	1.06	1.53	1.26	0.51
Book Value per Share	4.17	5.40	5.92	7.55	9.09	9.76	12.06	11.64	13.44	18.24	18.19	14.54	15.67	17.13	18.25	18.19
Month End Stock Price	18.14	21.27	25.00	35.98	37.65	28.40	46.60	95.09	109	134	160	107	121	112	134	160
Ratios	Annuals											Quarterly
Fiscal Period	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Latest Q.	Mar12	Jun12	Sep12	Dec12	Mar13

Return on Equity %	16.90	16.00	18.10	16.80	16.80	5.80	18.00	30.30	35.80	24.30	11.20	15.20	27.20	36.00	27.60	11.20
Return on Assets %	12.10	11.60	13.10	11.80	11.50	3.70	11.80	19.40	24.20	16.50	8.00	10.80	18.80	24.80	18.80	8.00
Return on Capital - Joel Greenblatt %	79.00	103	101	99.70	130	10.00	41.50	60.70	67.80	50.60	16.80	27.20	50.40	72.80	57.20	16.80
Debt to Equity	--	--	--	--	--	--	--	--	--	0.00	0.00	--	0.00	0.00	0.00	0.00

Gross Margin %	58.80	59.50	59.40	57.60	55.40	46.20	51.50	55.30	55.50	54.30	49.90	54.60	54.50	56.00	52.10	49.90
Operating Margin %	7.60	9.00	9.80	9.80	10.80	3.50	13.10	17.50	20.20	16.50	7.10	10.50	15.90	20.00	17.60	7.10
Net Margin %	5.10	5.80	6.50	6.40	6.60	2.00	7.50	10.80	12.90	10.20	5.10	6.60	9.70	12.50	11.00	5.10

Days Sales Outstanding	18.30	21.60	14.60	22.70	19.20	28.50	15.70	15.80	23.90	19.80	20.30	19.90	21.50	18.70	18.70	20.30
Days Inventory	42.20	52.10	51.40	51.30	43.40	38.60	46.40	46.80	54.40	61.10	69.10	67.40	50.40	47.40	55.10	69.10
Inventory Turnover	8.70	7.00	7.10	7.10	8.40	9.40	7.90	7.80	6.70	6.00	1.30	1.30	1.80	1.90	1.70	1.30

Debt to Revenue	--	--	--	--	--	--	--	--	--	0.00	0.01	--	0.00	0.00	0.00	0.01
COGS to Revenue	0.41	0.41	0.41	0.42	0.45	0.54	0.48	0.45	0.45	0.46	0.50	0.45	0.46	0.44	0.48	0.50
Inventory to Revenue	0.05	0.06	0.06	0.06	0.05	0.06	0.06	0.06	0.07	0.08	0.38	0.34	0.25	0.23	0.29	0.38
Interest Exp. to Revenue %	0.52	0.39	0.74	1.10	1.25	0.40	0.03	0.02	0.01	--	-0.00	0.00	--	0.01	--	-0.00

Asset Turnover	2.38	2.02	2.00	1.85	1.74	1.81	1.58	1.79	1.88	1.61	0.39	0.41	0.48	0.50	0.43	0.39
Buyback Ratio	-22.50	-20.40	-19.00	-24.70	-15.30	-65.20	--	--	--	--	--	--	--	--	--	--
Income Statement	Annuals (USD $) View: $ %											Quarterly
Fiscal Period	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	TTM	Mar12	Jun12	Sep12	Dec12	Mar13

Revenue	208	217	238	285	342	398	415	464	513	580	603	113	148	166	153	136
Cost of Goods Sold	85.61	87.97	96.83	121	152	215	201	207	228	265	282	51.46	67.12	73.21	73.22	68.15
Gross Profit	122	129	141	164	189	184	214	256	285	315	321	61.81	80.38	93.24	79.78	67.78

Selling, General, &Admin. Expense	106	110	118	136	149	168	158	175	201	219	228	49.97	56.94	59.93	52.64	58.10
Earnings Before DDA	22.98	24.51	27.84	32.94	43.54	26.57	71.19	98.61	122	116	114	16.57	28.35	38.57	32.31	14.78

Depreciation, Depletion and Amortization	7.11	5.03	4.52	4.99	6.65	12.50	16.92	17.43	18.79	20.21	20.58	4.73	4.90	5.26	5.32	5.10

Operating Income	15.87	19.49	23.32	27.95	36.89	14.06	54.27	81.18	104	95.58	93.43	11.84	23.45	33.31	26.99	9.69
Interest Income/Expense	1.09	0.84	1.76	3.14	4.25	1.60	0.11	0.08	0.05	--	0.02	0.00	--	0.02	--	-0.00
Net Income	10.56	12.50	15.56	18.19	22.49	8.09	31.12	50.14	66.06	59.47	58.89	7.49	14.35	20.75	16.87	6.91

Earnings per Share ($)	0.70	0.86	1.07	1.27	1.53	0.56	2.17	3.52	4.81	4.39	4.36	0.56	1.06	1.53	1.26	0.51
Total Shares Outstanding	15.00	14.52	14.52	14.38	14.70	14.34	14.36	14.23	13.74	13.44	13.51	13.45	13.44	13.45	13.43	13.51
Balance Sheet	Annuals (USD $) View: $ %											Quarterly
Fiscal Period	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Latest Q.	Mar12	Jun12	Sep12	Dec12	Mar13

Cash and cash equivalents	42.89	59.79	63.94	82.37	95.49	9.07	55.48	48.97	49.45	74.46	32.29	38.16	41.14	62.84	74.46	32.29
Accounts Receivable	10.43	12.83	9.53	17.77	17.97	31.09	17.86	20.02	33.58	31.48	30.26	24.80	34.81	34.13	31.48	30.26
Inventory	9.89	12.56	13.65	17.03	18.09	22.71	25.56	26.61	34.07	44.36	51.71	38.13	37.17	38.14	44.36	51.71
Other Current Assets	4.61	2.59	2.06	3.39	4.24	5.98	14.14	16.40	8.62	12.04	17.98	18.93	20.97	15.40	12.04	17.98
Total Current Assets	67.82	87.77	89.19	121	136	68.85	113	112	126	162	132	120	134	151	162	132

Property, Plant and Equipment	17.06	17.22	26.53	30.70	46.20	148	147	143	144	190	206	153	166	178	190	206
Intangible Assets	1.38	1.38	1.38	1.38	1.38	1.38	1.38	1.38	1.38	2.54	2.54	2.54	2.54	2.54	2.54	2.54
Other Long Term Assets	1.10	1.10	1.96	1.84	12.49	1.61	1.51	2.26	1.80	4.66	4.67	2.26	2.85	4.45	4.66	4.67
Total Assets	87.35	107	119	154	196	220	263	259	272	359	345	278	306	336	359	345

Accounts Payable	21.90	26.24	28.74	40.87	58.06	64.58	73.79	72.20	64.73	83.25	74.72	61.34	72.92	83.40	83.25	74.72
Current Portion of Long-Term Debt	--	--	--	--	--	--	--	--	--	0.06	0.05	--	0.06	0.06	0.06	0.05
Other Current Liabilities	--	--	--	--	--	2.47	--	--	2.32	5.58	--	--	--	--	5.58	--
Total Current Liabilities	21.90	26.24	28.74	40.87	58.06	67.06	73.79	72.20	67.05	88.89	74.77	61.34	72.98	83.46	88.89	74.77

Long-Term Debt	--	--	--	--	--	--	--	--	--	0.57	0.74	--	0.57	0.57	0.57	0.74
Other Long-Term Liabilities	2.93	2.85	4.34	5.02	4.21	12.67	16.00	20.74	20.69	24.93	24.22	20.62	21.47	21.55	24.93	24.22
Total Liabilities	24.83	29.09	33.08	45.89	62.27	79.73	89.78	92.94	87.74	114	99.73	81.96	95.02	106	114	99.73

Common Stock	0.21	0.14	0.14	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13
Retained Earnings	74.76	12.55	15.58	28.49	44.90	37.66	61.70	43.88	47.12	88.54	80.76	50.88	61.38	77.14	88.54	80.76
Additional Paid-In Capital	62.52	66.16	70.81	80.16	88.75	103	112	122	138	157	166	145	150	154	157	166
Treasury Stock	-74.78	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Equity	62.52	78.37	85.98	109	134	140	173	166	185	245	246	196	211	230	245	246
Cashflow Statement	Annuals (USD $) View: $ %											Quarterly
Fiscal Period	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	TTM	Mar12	Jun12	Sep12	Dec12	Mar13

Net Income	10.56	12.50	15.56	18.19	22.49	8.09	31.12	50.14	66.06	59.47	58.89	7.49	14.35	20.75	16.87	6.91
Depreciation, Depletion and Amortization	7.11	5.03	4.52	4.99	6.65	12.50	16.92	17.43	18.79	20.21	20.58	4.73	4.90	5.26	5.32	5.10
Cash Flow from Others	1.98	1.75	8.76	5.79	24.65	19.25	17.53	0.26	-12.09	15.66	1.29	-10.47	2.29	15.49	8.35	-24.84
Cash Flow from Operations	19.64	19.27	28.84	28.98	53.79	39.84	65.57	67.83	72.76	95.33	80.75	1.75	21.54	41.50	30.54	-12.83

Investment for Property, Plant & Equipement	-1.73	-4.56	-13.97	-9.06	-25.61	-59.54	-17.00	-13.61	-19.60	-66.01	-73.67	-13.52	-18.28	-17.72	-16.50	-21.18
Cash Flow from Acquisitions	--	--	--	--	--	-44.96	--	--	--	-1.73	-0.25	-1.48	0.00	-0.15	-0.10	--
Cash Flow from Investing	15.00	-13.83	-13.84	-9.01	-37.11	-104	-16.99	-13.59	-19.60	-67.32	-73.44	-15.00	-18.91	-17.82	-15.60	-21.12

Net Issuance of Stock	-27.45	2.56	-9.59	-0.79	-2.64	-10.05	-7.08	-67.98	-62.82	-18.05	-29.01	-3.73	-3.85	-4.99	-5.48	-14.70
Net Issuance of Debt	--	--	--	--	--	--	--	--	--	0.63	0.42	--	0.48	--	--	-0.06
Other Financing	--	--	0.31	2.46	2.09	4.48	4.91	7.23	10.14	14.42	15.42	5.68	3.72	3.01	2.16	6.54
Cash Flow from Financing	-27.45	2.56	-9.28	1.67	-0.54	-5.57	-2.17	-60.75	-52.68	-2.99	-13.17	1.95	0.35	-1.98	-3.32	-8.22

Net Change in Cash	7.18	8.00	5.72	21.63	16.14	-70.22	46.41	-6.51	0.48	25.01	-5.87	-11.29	2.98	21.69	11.63	-42.17

Free Cash Flow	17.91	14.71	14.87	19.92	28.19	-19.70	48.57	54.22	53.16	29.32	7.08	-11.77	3.26	23.78	14.04	-34.01
Valuation Ratios (Daily)	Annuals											Quarterly
Fiscal Period	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Latest Q.	Mar12	Jun12	Sep12	Dec12	Mar13

PE Ratio(ttm)
Price to Tangible Book
Price-to-Free-Cash-Flow ratio
PS Ratio
EV-to-Revenue
EV-to-EBITDA
EV-to-EBIT
Earnings Yield (Joel Greenblatt)
Forward Rate of Return
Shiller PE Ratio
Valuation and Quality	Annuals											Quarterly
Fiscal Period	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Latest Q.	Mar12	Jun12	Sep12	Dec12	Mar13

Market Cap
Enterprise Value
Month End Stock Price
Net Cash (per share)
Net Current Asset Value (per share)
DCF (per share)
Median PS (per share)
Peter Lynch Fair Value (per share)
Graham Number (per share)
Altman Z-Score
Piotroski F-Score
Beneish M-Score

Switch to Another Stock:

SAM Quarterly/Annuals Reports

SAM: 10-Q - BOSTON BEER CO INC (0000949870) (Filer): (10-Q) - 2012-11-01
SAM: 10-Q - BOSTON BEER CO INC (0000949870) (Filer): (10-Q) - 2011-08-02
SAM: 10-Q - BOSTON BEER CO INC (0000949870) (Filer): (10-Q) - 2011-05-04
SAM: 10-K - BOSTON BEER CO INC (0000949870) (Filer): (10-K) - 2011-03-08
SAM: 10-Q - BOSTON BEER CO INC (0000949870) (Filer): (10-Q) - 2010-11-04

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