Boston Beer Co., Inc., Chinese Version Case Solution
Capital markets may have overcapitalized the craft brewing industry during a flurry of new IPOs. In the context of this "hot" IPO marketplace each individual firm's valuation may appear realistic.
However, after careful analysis of the financial statement of each firm and upon consideration of analysts' predictions of the growth prospects of the business, it's uncertain whether the craft brewing business is overcapitalized. This could be another "hot" then "crash" IPO industry, like biotech or the computer disk drive business.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: April 14, 1996