AMERESCO INC-CL A (AMRC) Stock Fundamental Analysis
NYSE:AMRC - New York Stock Exchange, Inc. - US02361E1082 - Common Stock - Currency: USD
Taking everything into account, AMRC scores 4 out of 10 in our fundamental rating. AMRC was compared to 49 industry peers in the Construction & Engineering industry. AMRC has a bad profitability rating. Also its financial health evaluation is rather negative. AMRC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AMRC had positive earnings in the past year.
In the past year AMRC had a positive cash flow from operations.
In the past 5 years AMRC has always been profitable.
AMRC had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.30%, AMRC is in line with its industry, outperforming 42.86% of the companies in the same industry.
AMRC has a Return On Equity (5.35%) which is comparable to the rest of the industry.
The Return On Invested Capital of AMRC (2.07%) is worse than 65.31% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AMRC is significantly below the industry average of 16.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.3% | ||
| ROE | 5.35% | ||
| ROIC | 2.07% |
ROA(3y)2.11%
ROA(5y)2.51%
ROE(3y)8%
ROE(5y)8.99%
ROIC(3y)3.15%
ROIC(5y)3.6%
1.3 Margins
AMRC has a Profit Margin (2.97%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AMRC has declined.
AMRC has a Operating Margin (4.84%) which is comparable to the rest of the industry.
AMRC's Operating Margin has declined in the last couple of years.
AMRC's Gross Margin of 14.31% is in line compared to the rest of the industry. AMRC outperforms 40.82% of its industry peers.
AMRC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.84% | ||
| PM (TTM) | 2.97% | ||
| GM | 14.31% |
OM growth 3Y-16.55%
OM growth 5Y-4.81%
PM growth 3Y-17.89%
PM growth 5Y-8.97%
GM growth 3Y-8.6%
GM growth 5Y-5.69%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AMRC is destroying value.
The number of shares outstanding for AMRC has been increased compared to 1 year ago.
The number of shares outstanding for AMRC has been increased compared to 5 years ago.
AMRC has a better debt/assets ratio than last year.
2.2 Solvency
AMRC has an Altman-Z score of 1.03. This is a bad value and indicates that AMRC is not financially healthy and even has some risk of bankruptcy.
AMRC has a worse Altman-Z score (1.03) than 71.43% of its industry peers.
AMRC has a Debt/Equity ratio of 1.55. This is a high value indicating a heavy dependency on external financing.
AMRC's Debt to Equity ratio of 1.55 is on the low side compared to the rest of the industry. AMRC is outperformed by 67.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.03 |
ROIC/WACC0.21
WACC9.67%
2.3 Liquidity
AMRC has a Current Ratio of 1.57. This is a normal value and indicates that AMRC is financially healthy and should not expect problems in meeting its short term obligations.
AMRC has a better Current ratio (1.57) than 77.55% of its industry peers.
A Quick Ratio of 1.56 indicates that AMRC should not have too much problems paying its short term obligations.
The Quick ratio of AMRC (1.56) is better than 81.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The earnings per share for AMRC have decreased strongly by -10.53% in the last year.
Measured over the past 5 years, AMRC shows a small growth in Earnings Per Share. The EPS has been growing by 3.47% on average per year.
AMRC shows a strong growth in Revenue. In the last year, the Revenue has grown by 30.13%.
The Revenue has been growing by 15.34% on average over the past years. This is quite good.
EPS 1Y (TTM)-10.53%
EPS 3Y-12.06%
EPS 5Y3.47%
EPS Q2Q%0%
Revenue 1Y (TTM)30.13%
Revenue growth 3Y13.34%
Revenue growth 5Y15.34%
Sales Q2Q%18.24%
3.2 Future
AMRC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.33% yearly.
The Revenue is expected to grow by 8.47% on average over the next years. This is quite good.
EPS Next Y-23.2%
EPS Next 2Y4.72%
EPS Next 3Y17.49%
EPS Next 5Y16.33%
Revenue Next Year7.13%
Revenue Next 2Y8.45%
Revenue Next 3Y9.51%
Revenue Next 5Y8.47%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.86, the valuation of AMRC can be described as rather expensive.
Based on the Price/Earnings ratio, AMRC is valued cheaply inside the industry as 89.80% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.53, AMRC is valued a bit cheaper.
With a Price/Forward Earnings ratio of 17.20, AMRC is valued on the expensive side.
83.67% of the companies in the same industry are more expensive than AMRC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.71, AMRC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.86 | ||
| Fwd PE | 17.2 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AMRC indicates a somewhat cheap valuation: AMRC is cheaper than 73.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.14 |
4.3 Compensation for Growth
A more expensive valuation may be justified as AMRC's earnings are expected to grow with 17.49% in the coming years.
PEG (NY)N/A
PEG (5Y)5.43
EPS Next 2Y4.72%
EPS Next 3Y17.49%
5. Dividend
5.1 Amount
No dividends for AMRC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
19.24
+1.41 (+7.91%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners93.66%
Inst Owner Change-1.36%
Ins Owners7.71%
Ins Owner Change10.4%
Market Cap1.01B
Analysts75.29
Price Target21.65 (12.53%)
Short Float %9.17%
Short Ratio5.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)28.04%
Min EPS beat(2)-8.27%
Max EPS beat(2)64.35%
EPS beat(4)1
Avg EPS beat(4)-10.47%
Min EPS beat(4)-66.19%
Max EPS beat(4)64.35%
EPS beat(8)3
Avg EPS beat(8)-4.78%
EPS beat(12)5
Avg EPS beat(12)-1.18%
EPS beat(16)9
Avg EPS beat(16)4.47%
Revenue beat(2)1
Avg Revenue beat(2)6.22%
Min Revenue beat(2)-0.4%
Max Revenue beat(2)12.84%
Revenue beat(4)3
Avg Revenue beat(4)6.79%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)13.75%
Revenue beat(8)6
Avg Revenue beat(8)5.69%
Revenue beat(12)9
Avg Revenue beat(12)4.87%
Revenue beat(16)11
Avg Revenue beat(16)3.9%
PT rev (1m)4.03%
PT rev (3m)-9.69%
EPS NQ rev (1m)-21.05%
EPS NQ rev (3m)-75%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.86 | ||
| Fwd PE | 17.2 | ||
| P/S | 0.55 | ||
| P/FCF | N/A | ||
| P/OCF | 14.78 | ||
| P/B | 1 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | 14.14 |
EPS(TTM)1.02
EY5.3%
EPS(NY)1.12
Fwd EY5.81%
FCF(TTM)-7.16
FCFYN/A
OCF(TTM)1.3
OCFY6.77%
SpS34.68
BVpS19.24
TBVpS17.76
PEG (NY)N/A
PEG (5Y)5.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.3% | ||
| ROE | 5.35% | ||
| ROCE | 2.62% | ||
| ROIC | 2.07% | ||
| ROICexc | 2.11% | ||
| ROICexgc | 2.17% | ||
| OM | 4.84% | ||
| PM (TTM) | 2.97% | ||
| GM | 14.31% | ||
| FCFM | N/A |
ROA(3y)2.11%
ROA(5y)2.51%
ROE(3y)8%
ROE(5y)8.99%
ROIC(3y)3.15%
ROIC(5y)3.6%
ROICexc(3y)3.29%
ROICexc(5y)3.76%
ROICexgc(3y)3.41%
ROICexgc(5y)3.91%
ROCE(3y)3.99%
ROCE(5y)4.56%
ROICexcg growth 3Y-23.67%
ROICexcg growth 5Y-13.36%
ROICexc growth 3Y-23.08%
ROICexc growth 5Y-12.71%
OM growth 3Y-16.55%
OM growth 5Y-4.81%
PM growth 3Y-17.89%
PM growth 5Y-8.97%
GM growth 3Y-8.6%
GM growth 5Y-5.69%
F-Score6
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.58 | ||
| Cap/Depr | 471.74% | ||
| Cap/Sales | 24.39% | ||
| Interest Coverage | 0.84 | ||
| Cash Conversion | 37.49% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 1.03 |
F-Score6
WACC9.67%
ROIC/WACC0.21
Cap/Depr(3y)645.79%
Cap/Depr(5y)553.31%
Cap/Sales(3y)27.71%
Cap/Sales(5y)23.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.53%
EPS 3Y-12.06%
EPS 5Y3.47%
EPS Q2Q%0%
EPS Next Y-23.2%
EPS Next 2Y4.72%
EPS Next 3Y17.49%
EPS Next 5Y16.33%
Revenue 1Y (TTM)30.13%
Revenue growth 3Y13.34%
Revenue growth 5Y15.34%
Sales Q2Q%18.24%
Revenue Next Year7.13%
Revenue Next 2Y8.45%
Revenue Next 3Y9.51%
Revenue Next 5Y8.47%
EBIT growth 1Y6.36%
EBIT growth 3Y-5.42%
EBIT growth 5Y9.79%
EBIT Next Year90.63%
EBIT Next 3Y37.6%
EBIT Next 5Y27.24%
FCF growth 1Y-2.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2114.03%
OCF growth 3YN/A
OCF growth 5YN/A