Financial Analysis: Eastside Distilling (BLNE) and The Competition

Valuation and Earnings

This table compares Eastside Distilling and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Eastside Distilling	$9.54 million	-$7.53 million	-0.05
Eastside Distilling Competitors	$15.27 billion	$1.97 billion	62.79

Eastside Distilling’s peers have higher revenue and earnings than Eastside Distilling. Eastside Distilling is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

Eastside Distilling has a beta of 1.64, indicating that its stock price is 64% more volatile than the S&P 500. Comparatively, Eastside Distilling’s peers have a beta of 1.17, indicating that their average stock price is 17% more volatile than the S&P 500.

Institutional & Insider Ownership

0.6% of Eastside Distilling shares are held by institutional investors. Comparatively, 41.2% of shares of all “Beverages” companies are held by institutional investors. 20.4% of Eastside Distilling shares are held by insiders. Comparatively, 27.9% of shares of all “Beverages” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Eastside Distilling and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eastside Distilling	-74.63%	-2,066.36%	-31.99%
Eastside Distilling Competitors	-67.80%	-225.50%	-17.07%

Summary

Eastside Distilling peers beat Eastside Distilling on 8 of the 9 factors compared.

About Eastside Distilling

Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning and Bottling. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand. It also offers gin and ready-to-drink products; and canning and bottling services to the craft beer and cider industries. The company sells its products on a wholesale basis to distributors in the United States. Eastside Distilling, Inc. was founded in 2008 and is headquartered in Portland, Oregon.