Beverages - Alcoholic
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SAM vs TAP
Revenue, margins, valuation, and 5-year total return — side by side.
Beverages - Alcoholic
SAM vs TAP — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Beverages - Alcoholic | Beverages - Alcoholic |
| Market Cap | $2.21B | $7.92B |
| Revenue (TTM) | $2.09B | $11.19B |
| Net Income (TTM) | $-61M | $-2.11B |
| Gross Margin | 45.2% | 37.8% |
| Operating Margin | -3.8% | -20.3% |
| Forward P/E | 20.9x | 9.0x |
| Total Debt | $38M | $6.30B |
| Cash & Equiv. | $223M | $897M |
SAM vs TAP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| The Boston Beer Com… (SAM) | 100 | 36.5 | -63.5% |
| Molson Coors Bevera… (TAP) | 100 | 111.1 | +11.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SAM vs TAP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SAM carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 3.7%, EPS growth 95.5%, 3Y rev CAGR -0.0%
- 33.5% 10Y total return vs TAP's -41.9%
- Lower volatility, beta 0.29, Low D/E 4.5%, current ratio 1.65x
TAP is the clearest fit if your priority is income & stability.
- Dividend streak 5 yrs, beta -0.01, yield 4.6%
- Lower P/E (9.0x vs 20.9x)
- 4.6% yield; 5-year raise streak; the other pay no meaningful dividend
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.7% revenue growth vs TAP's -4.2% | |
| Value | Lower P/E (9.0x vs 20.9x) | |
| Quality / Margins | -2.9% margin vs TAP's -18.9% | |
| Stability / Safety | Lower D/E ratio (4.5% vs 59.8%) | |
| Dividends | 4.6% yield; 5-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | -14.9% vs TAP's -23.3% | |
| Efficiency (ROA) | -5.0% ROA vs TAP's -8.9%, ROIC 15.5% vs -10.1% |
SAM vs TAP — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — SAM and TAP each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TAP is the larger business by revenue, generating $11.2B annually — 5.3x SAM's $2.1B. SAM is the more profitable business, keeping -2.9% of every revenue dollar as net income compared to TAP's -18.9%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.1B | $11.2B |
| EBITDAEarnings before interest/tax | $14M | -$1.5B |
| Net IncomeAfter-tax profit | -$61M | -$2.1B |
| Free Cash FlowCash after capex | $191M | $1.2B |
| Gross MarginGross profit ÷ Revenue | +45.2% | +37.8% |
| Operating MarginEBIT ÷ Revenue | -3.8% | -20.3% |
| Net MarginNet income ÷ Revenue | -2.9% | -18.9% |
| FCF MarginFCF ÷ Revenue | +9.1% | +10.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +1.7% | +2.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -7.4% | +35.6% |
Valuation Metrics
TAP leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.2B | $7.9B |
| Enterprise ValueMkt cap + debt − cash | $2.0B | $13.3B |
| Trailing P/EPrice ÷ TTM EPS | 20.85x | -3.89x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.91x | 8.97x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 8.61x | — |
| Price / SalesMarket cap ÷ Revenue | 1.06x | 0.71x |
| Price / BookPrice ÷ Book value/share | 2.58x | 0.78x |
| Price / FCFMarket cap ÷ FCF | 10.26x | 7.42x |
Profitability & Efficiency
SAM leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
SAM delivers a -7.3% return on equity — every $100 of shareholder capital generates $-7 in annual profit, vs $-19 for TAP. SAM carries lower financial leverage with a 0.04x debt-to-equity ratio, signaling a more conservative balance sheet compared to TAP's 0.60x. On the Piotroski fundamental quality scale (0–9), SAM scores 7/9 vs TAP's 4/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -7.3% | -18.6% |
| ROA (TTM)Return on assets | -5.0% | -8.9% |
| ROICReturn on invested capital | +15.5% | -10.1% |
| ROCEReturn on capital employed | +14.8% | -11.6% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 4 |
| Debt / EquityFinancial leverage | 0.04x | 0.60x |
| Net DebtTotal debt minus cash | -$186M | $5.4B |
| Cash & Equiv.Liquid assets | $223M | $897M |
| Total DebtShort + long-term debt | $38M | $6.3B |
| Interest CoverageEBIT ÷ Interest expense | — | -9.99x |
Total Returns (Dividends Reinvested)
Evenly matched — SAM and TAP each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TAP five years ago would be worth $8,806 today (with dividends reinvested), compared to $1,876 for SAM. Over the past 12 months, SAM leads with a -14.9% total return vs TAP's -23.3%. The 3-year compound annual growth rate (CAGR) favors TAP at -9.9% vs SAM's -12.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +3.2% | -10.0% |
| 1-Year ReturnPast 12 months | -14.9% | -23.3% |
| 3-Year ReturnCumulative with dividends | -33.5% | -26.7% |
| 5-Year ReturnCumulative with dividends | -81.2% | -11.9% |
| 10-Year ReturnCumulative with dividends | +33.5% | -41.9% |
| CAGR (3Y)Annualised 3-year return | -12.7% | -9.9% |
Risk & Volatility
Evenly matched — SAM and TAP each lead in 1 of 2 comparable metrics.
Risk & Volatility
TAP is the less volatile stock with a -0.01 beta — it tends to amplify market swings less than SAM's 0.29 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SAM currently trades 78.0% from its 52-week high vs TAP's 73.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.29x | -0.01x |
| 52-Week HighHighest price in past year | $264.46 | $57.80 |
| 52-Week LowLowest price in past year | $185.34 | $40.64 |
| % of 52W HighCurrent price vs 52-week peak | +78.0% | +73.0% |
| RSI (14)Momentum oscillator 0–100 | 29.0 | 32.0 |
| Avg Volume (50D)Average daily shares traded | 201K | 2.9M |
Analyst Outlook
TAP leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates SAM as "Hold" and TAP as "Hold". Consensus price targets imply 19.7% upside for SAM (target: $247) vs 14.5% for TAP (target: $48). TAP is the only dividend payer here at 4.56% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $246.86 | $48.30 |
| # AnalystsCovering analysts | 31 | 37 |
| Dividend YieldAnnual dividend ÷ price | — | +4.6% |
| Dividend StreakConsecutive years of raises | 0 | 5 |
| Dividend / ShareAnnual DPS | — | $1.92 |
| Buyback YieldShare repurchases ÷ mkt cap | +9.3% | +8.2% |
TAP leads in 2 of 6 categories (Valuation Metrics, Analyst Outlook). SAM leads in 1 (Profitability & Efficiency). 3 tied.
SAM vs TAP: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is SAM or TAP a better buy right now?
For growth investors, The Boston Beer Company, Inc.
(SAM) is the stronger pick with 3. 7% revenue growth year-over-year, versus -4. 2% for Molson Coors Beverage Company (TAP). The Boston Beer Company, Inc. (SAM) offers the better valuation at 20. 9x trailing P/E (20. 9x forward), making it the more compelling value choice. Analysts rate The Boston Beer Company, Inc. (SAM) a "Hold" — based on 31 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — SAM or TAP?
On forward P/E, Molson Coors Beverage Company is actually cheaper at 9.
0x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — SAM or TAP?
Over the past 5 years, Molson Coors Beverage Company (TAP) delivered a total return of -11.
9%, compared to -81. 2% for The Boston Beer Company, Inc. (SAM). Over 10 years, the gap is even starker: SAM returned +33. 5% versus TAP's -41. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — SAM or TAP?
By beta (market sensitivity over 5 years), Molson Coors Beverage Company (TAP) is the lower-risk stock at -0.
01β versus The Boston Beer Company, Inc. 's 0. 29β — meaning SAM is approximately -2517% more volatile than TAP relative to the S&P 500. On balance sheet safety, The Boston Beer Company, Inc. (SAM) carries a lower debt/equity ratio of 4% versus 60% for Molson Coors Beverage Company — giving it more financial flexibility in a downturn.
05Which is growing faster — SAM or TAP?
By revenue growth (latest reported year), The Boston Beer Company, Inc.
(SAM) is pulling ahead at 3. 7% versus -4. 2% for Molson Coors Beverage Company (TAP). On earnings-per-share growth, the picture is similar: The Boston Beer Company, Inc. grew EPS 95. 5% year-over-year, compared to -302. 8% for Molson Coors Beverage Company. Over a 3-year CAGR, TAP leads at 1. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — SAM or TAP?
The Boston Beer Company, Inc.
(SAM) is the more profitable company, earning 5. 2% net margin versus -19. 2% for Molson Coors Beverage Company — meaning it keeps 5. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SAM leads at 6. 9% versus -21. 0% for TAP. At the gross margin level — before operating expenses — SAM leads at 45. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is SAM or TAP more undervalued right now?
On forward earnings alone, Molson Coors Beverage Company (TAP) trades at 9.
0x forward P/E versus 20. 9x for The Boston Beer Company, Inc. — 11. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SAM: 19. 7% to $246. 86.
08Which pays a better dividend — SAM or TAP?
In this comparison, TAP (4.
6% yield) pays a dividend. SAM does not pay a meaningful dividend and should not be held primarily for income.
09Is SAM or TAP better for a retirement portfolio?
For long-horizon retirement investors, Molson Coors Beverage Company (TAP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
01), 4. 6% yield). Both have compounded well over 10 years (TAP: -41. 9%, SAM: +33. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between SAM and TAP?
Both stocks operate in the Consumer Defensive sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: SAM is a small-cap quality compounder stock; TAP is a small-cap income-oriented stock. TAP pays a dividend while SAM does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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