SAMThe Boston Beer Company, Inc.

$165.17-27% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 48 out of 100, Average

Average. The Boston Beer Company, Inc. scores higher than 47% of the 1,794 companies Ryufin scores.

Carried by return on capital and cycle position, held back by valuation and return on new capital.

Consumer Defensive median 60 · all companies 50

Valuation

26% of the score, 28% here after data gaps

0median 13

An operating loss over the last year: there are no earnings to price.

Return on capital

18% of the score, 20% here after data gaps

81median 34

Over 7 years the business earned 15% a year after tax on the capital it uses.

2%
8%
15%
25%
15%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 6%

Return on new capital

16% of the score, 17% here after data gaps

0median 49

Over 6 years yearly profit fell by 15 cents for every dollar earned.

-5%
12%
-15%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score, 15% here after data gaps

84median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 1.4% a year over 6 years: buybacks
80
5%
-3%
-1.4%
0 pointsfull points
Assets against salesAssets grew 12% a year, sales 12%
90
12%
-2%
-0.6%
0 pointsfull points

Cycle position

12% of the score, 13% here after data gaps

100median 62

Today's operating margin of -4.7% is -0.58x its normal 8.1%: near a trough. Normal is half the 9 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
-0.6x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow -4.7%

Balance sheet

Taken out: its 8% is shared by the others

n/ano data

No debt or interest figures on file.

Earnings quality

6% of the score, 7% here after data gaps

100median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 3.21x profit over 3 years
100
0.7x
1x
1.3x
3.2x
0 pointsfull points
Beneish M-score-3.29
100
-1.50
-1.78
-2.22
-3.00
-3.29
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For SAM, balance sheet could not be measured from the filings, so it is taken out and the remaining weights scale up.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-27, latest annual report FY2025.