Growing companies like Boston Beer rarely trade at lower enterprise multiples than their slow-growth peers.
Mr. JIM KOCH (Founder, Boston Beer Company): It's a pleasure to be with you.
He's the founder of the Boston Beer Company, the brewery that makes Sam Adams.
Competitors include Molson Coors, SAB Miller and smaller players like Boston Beer Co.
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As previously mentioned, The Boston Beer Company, which brews Sam Adams beer, does not have any women on its board.
Boston Beer Company, famous for its Sam Adams brand, for years made much of its status as a company that subcontracted production.
The price to book multiple, generally a more conservative measure, has Boston Beer trading at 5x, just under the industry average of 5.3x.
Boston Beer, maker of the famous Sam Adams brand, and Heineken.
For example, supporting small businesses might not be a great focal point for a huge multinational brewer, but it makes tremendous sense for the Boston Beer Company.
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In fact, the Boston Beer Company has seen almost non-stop growth over the previous twelve months and is currently trading at nearly twice its price versus one year ago.
Early this summer the Boston Beer Company, parent of the venerable Sam Adams brand, will do something they have never done in this country in their 29 years of existence: sell beer in a can.
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Last year, American companies Firestone Walker Brewing and Miller Brewing won the World Beer Cup championship for both midsize and large breweries, respectively. (Small went to a German brewer.) And Sierra Nevada Brewing's Draught Ale and the Boston Beer Co.
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In the aftermath of the "Flash Crash, " the Nasdaq canceled trades on a number of stocks that saw particularly abnormal activity, including Boston Beer Company, the First Trust ISE Revere Natural Gas exchange-traded fund and the Templeton Emerging Markets Income Fund.
Here comes the next wave in what Bluecoat Gin partner Andrew Auwerda calls "the gourmet-fication of America": talented, local micro-distillers with dreams of doing for bourbon, gin and rum what Robert Mondavi did for Cabernet Sauvignon or the Boston Beer Company's Samuel Adams did for lager.
None chose the beer associated with Boston and that is Sam Adams.
In the topsy-turvy AL East, the declining Boston Red Sox are slashing April beer prices at Fenway, while the aging New York Yankees are picking from the spring training scrap heap to fill out their roster.
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Twenty-five years ago, a new beer debuted in bars across Boston.
But did you know that about half of America's famous Samuel Adams beer comes from contract brewers (and that its parent, Boston Brewing, produces on contract for two other brands)?
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