Valuation The Boston Beer Company, Inc.

Equities

Market Closed - Nyse Other stock markets 16:00:02 2026-04-17 EDT			5-day change	1st Jan Change
245.33 ^USD	+0.33%		-4.62%	+25.73%

04-10	Boston Beer Moves for Post-Trial Motions in Ardagh Contract Dispute	MT
04-10	Boston Beer Co Inc - Jury verdict orders Boston Beer to pay $175.5 million in damages to Ardagh - SEC filing	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	6,245	4,069	4,213	3,409	2,055	2,505	-	-
Change	-	-34.85%	3.53%	-19.09%	-39.71%	21.91%	-	-
Enterprise Value (EV) ¹	6,218	3,888	3,914	3,197	1,832	2,294	2,190	2,193
Change	-	-37.47%	0.66%	-18.33%	-42.7%	25.23%	-4.52%	0.14%
P/E ratio	438x	61.3x	56.2x	59.5x	19.9x	24.7x	21.7x	19.3x
PBR	6.48x	3.84x	3.92x	3.72x	2.44x	3.07x	2.7x	2.43x
PEG	-	0x	4x	-3.2x	0.2x	99.02x	1.6x	1.5x
Capitalization / Revenue	3.04x	1.95x	2.1x	1.69x	1.05x	1.28x	1.26x	1.25x
EV / Revenue	3.02x	1.86x	1.95x	1.59x	0.93x	1.17x	1.1x	1.09x
EV / EBITDA	77.6x	19.5x	18.6x	13x	7.78x	9.96x	8.97x	8.64x
EV / EBIT	778x	42.8x	39.1x	42.1x	12.6x	16.7x	14.5x	13.6x
EV / FCF	-74.6x	35.6x	19.5x	18.5x	8.5x	28.3x	18.2x	19.6x
FCF Yield	-1.34%	2.81%	5.14%	5.4%	11.8%	3.53%	5.5%	5.11%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	1.17	5.44	6.21	5.06	9.89	9.915	11.28	12.74
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	2,058	2,090	2,009	2,013	1,965	1,965	1,991	2,010
EBITDA ¹	80.09	199.2	210	245.8	235.3	230.3	244.2	253.8
EBIT ¹	7.997	90.79	100	75.97	144.9	137.7	151.5	161.3
Net income ¹	14.55	67.26	76.25	59.7	108.5	103.1	113.5	119.7
Net Debt ¹	-26.85	-180.6	-298.5	-211.8	-223.4	-211.5	-315.1	-312.1
Reference price ²	512.21	333.40	348.74	301.11	197.05	245.33	245.33	245.33
Nbr of stocks (in thousands)	12,193	12,204	12,080	11,320	10,429	10,212	-	-
Announcement Date	2/16/22	2/15/23	2/27/24	2/25/25	2/24/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THE BOSTON BEER COMPANY, INC.	24.74x	1.17x	9.96x	-.--%	2.51B
ANHEUSER-BUSCH INBEV SA/NV	17.48x	3.27x	9.01x	1.88%	149B
AMBEV S.A.	15.25x	2.38x	7.18x	5.91%	47.93B
HEINEKEN N.V.	15.09x	1.78x	7.89x	2.92%	44.93B
CONSTELLATION BRANDS, INC.	15.71x	4.29x	11.64x	2.52%	28.14B
HEINEKEN HOLDING N.V.	12.57x	-	-	-	20.79B
CARLSBERG A/S	13.91x	1.87x	8.74x	3.7%	18.31B
ASAHI GROUP HOLDINGS, LTD.	15.56x	1.26x	9.06x	3.06%	15.28B
KIRIN HOLDINGS COMPANY, LIMITED	11.98x	1.16x	8.04x	3.07%	13.29B
Average	15.81x	2.15x	8.94x	2.88%	37.77B
Weighted average by Cap.	15.96x	2.74x	8.77x	2.88%