The Boston Beer Company Inc
The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. Its flagship beer is Samuel Adams Boston Lager. The company offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names. It markets and sells its products to a network … Read more
The Boston Beer Company Inc (BBEA) - Net Assets
Latest net assets as of September 2025: €910.98 Million EUR
Based on the latest financial reports, The Boston Beer Company Inc (BBEA) has net assets worth €910.98 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.25 Billion) and total liabilities (€335.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €910.98 Million |
| % of Total Assets | 73.08% |
| Annual Growth Rate | 7.7% |
| 5-Year Change | -4.26% |
| 10-Year Change | 98.64% |
| Growth Volatility | 20.16 |
The Boston Beer Company Inc - Net Assets Trend (2014–2024)
This chart illustrates how The Boston Beer Company Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Boston Beer Company Inc (2014–2024)
The table below shows the annual net assets of The Boston Beer Company Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €916.19 Million | -15.00% |
| 2023-12-31 | €1.08 Billion | +0.88% |
| 2022-12-31 | €1.07 Billion | +8.66% |
| 2021-12-31 | €983.41 Million | +2.76% |
| 2020-12-31 | €956.97 Million | +30.09% |
| 2019-12-31 | €735.64 Million | +59.81% |
| 2018-12-31 | €460.32 Million | +8.69% |
| 2017-12-31 | €423.52 Million | -5.16% |
| 2016-12-31 | €446.58 Million | -3.17% |
| 2015-12-31 | €461.22 Million | +5.75% |
| 2014-12-31 | €436.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Boston Beer Company Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 13.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €240.31 Million | 26.23% |
| Other Components | €675.87 Million | 73.77% |
| Total Equity | €916.19 Million | 100.00% |
The Boston Beer Company Inc Competitors by Market Cap
The table below lists competitors of The Boston Beer Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enlight Renewable Energy Ltd. Ordinary Shares
NASDAQ:ENLT
|
$1.40 Billion |
|
TIME Dotcom Bhd
KLSE:5031
|
$1.40 Billion |
|
Sila Realty Trust, Inc.
PINK:SILA
|
$1.40 Billion |
|
Shinsegae
KO:004170
|
$1.40 Billion |
|
Fulltech Fiber Glass
TWO:1815
|
$1.40 Billion |
|
Shandong Shida Shenghua Chem
SHG:603026
|
$1.40 Billion |
|
Ypsomed Holding AG
PINK:YPHDF
|
$1.40 Billion |
|
National Bank Holdings Corporation
NYSE:NBHC
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Boston Beer Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,077,929,000 to 916,187,000, a change of -161,742,000 (-15.0%).
- Net income of 59,695,000 contributed positively to equity growth.
- Share repurchases of 238,614,000 reduced equity.
- Other factors increased equity by 17,177,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €59.70 Million | +6.52% |
| Share Repurchases | €238.61 Million | -26.04% |
| Other Changes | €17.18 Million | +1.87% |
| Total Change | €- | -15.00% |
Book Value vs Market Value Analysis
This analysis compares The Boston Beer Company Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.33x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €36.44 | €194.20 | x |
| 2018-12-31 | €40.03 | €194.20 | x |
| 2019-12-31 | €61.08 | €194.20 | x |
| 2020-12-31 | €78.55 | €194.20 | x |
| 2021-12-31 | €80.27 | €194.20 | x |
| 2022-12-31 | €86.83 | €194.20 | x |
| 2023-12-31 | €89.08 | €194.20 | x |
| 2024-12-31 | €80.86 | €194.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Boston Beer Company Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.97%
- • Asset Turnover: 1.61x
- • Equity Multiplier: 1.36x
- Recent ROE (6.52%) is below the historical average (14.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 20.81% | 10.05% | 1.49x | 1.39x | €47.13 Million |
| 2015 | 21.34% | 10.25% | 1.49x | 1.40x | €52.29 Million |
| 2016 | 19.56% | 9.64% | 1.45x | 1.40x | €42.69 Million |
| 2017 | 23.39% | 11.48% | 1.52x | 1.34x | €56.70 Million |
| 2018 | 20.13% | 9.31% | 1.56x | 1.39x | €46.63 Million |
| 2019 | 14.96% | 8.80% | 1.19x | 1.43x | €36.48 Million |
| 2020 | 20.06% | 11.05% | 1.26x | 1.44x | €96.26 Million |
| 2021 | 1.48% | 0.71% | 1.48x | 1.42x | €-83.79 Million |
| 2022 | 6.29% | 3.22% | 1.47x | 1.33x | €-39.59 Million |
| 2023 | 7.07% | 3.80% | 1.40x | 1.33x | €-31.54 Million |
| 2024 | 6.52% | 2.97% | 1.61x | 1.36x | €-31.92 Million |
Industry Comparison
This section compares The Boston Beer Company Inc's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $5,785,753,821
- Average return on equity (ROE) among peers: -23.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Boston Beer Company Inc (BBEA) | €910.98 Million | 20.81% | 0.37x | $1.40 Billion |
| AKTIENBRAU.KAUFBEUR (ABK) | $982.26K | -139.56% | 7.95x | $1.15 Million |
| BHB Brauholding Bayern-Mitte AG (B9B) | $10.70 Million | 3.36% | 0.30x | $3.70 Million |
| Kulmbacher Brauerei Aktien-Gesellschaft (KUL) | $61.75 Million | 8.82% | 1.55x | $64.84 Million |
| Park & Bellheimer AG (PKB) | $9.34 Million | 0.06% | 2.52x | $2.38 Million |
| Yamaya Corporation (WY2) | $28.85 Billion | 8.19% | 1.42x | $42.68 Million |