AMERESCO INC-CL A (AMRC) Stock Fundamental Analysis
NYSE:AMRC - New York Stock Exchange, Inc. - US02361E1082 - Common Stock - Currency: USD
Overall AMRC gets a fundamental rating of 4 out of 10. We evaluated AMRC against 51 industry peers in the Construction & Engineering industry. Both the profitability and financial health of AMRC have multiple concerns. AMRC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AMRC was profitable.
In the past year AMRC had a positive cash flow from operations.
AMRC had positive earnings in each of the past 5 years.
AMRC had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.30%, AMRC perfoms like the industry average, outperforming 43.14% of the companies in the same industry.
The Return On Equity of AMRC (5.35%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 2.07%, AMRC is doing worse than 62.75% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AMRC is significantly below the industry average of 16.96%.
| 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 of 2.97%. This is comparable to the rest of the industry: AMRC outperforms 56.86% of its industry peers.
In the last couple of years the Profit Margin of AMRC has declined.
The Operating Margin of AMRC (4.84%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AMRC has declined.
With a Gross Margin value of 14.31%, AMRC perfoms like the industry average, outperforming 43.14% of the companies in the same industry.
In the last couple of years the Gross Margin of AMRC has declined.
| 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.
AMRC has more shares outstanding than it did 1 year ago.
AMRC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AMRC has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.00, we must say that AMRC is in the distress zone and has some risk of bankruptcy.
AMRC has a Altman-Z score of 1.00. This is in the lower half of the industry: AMRC underperforms 76.47% 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 68.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1 |
ROIC/WACC0.23
WACC8.92%
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.
The Current ratio of AMRC (1.57) is better than 78.43% 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 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
AMRC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.53%.
AMRC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.47% yearly.
Looking at the last year, AMRC shows a very strong growth in Revenue. The Revenue has grown by 30.13%.
AMRC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.34% yearly.
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
The Earnings Per Share is expected to grow by 16.22% on average over the next years. This is quite good.
AMRC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.64% yearly.
EPS Next Y-23.67%
EPS Next 2Y6.95%
EPS Next 3Y18.17%
EPS Next 5Y16.22%
Revenue Next Year6.86%
Revenue Next 2Y8.32%
Revenue Next 3Y9.49%
Revenue Next 5Y8.64%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AMRC is valuated correctly with a Price/Earnings ratio of 13.38.
Compared to the rest of the industry, the Price/Earnings ratio of AMRC indicates a rather cheap valuation: AMRC is cheaper than 92.16% of the companies listed in the same industry.
AMRC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.91.
Based on the Price/Forward Earnings ratio of 11.70, the valuation of AMRC can be described as reasonable.
AMRC's Price/Forward Earnings ratio is rather cheap when compared to the industry. AMRC is cheaper than 88.24% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.85. AMRC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.38 | ||
| Fwd PE | 11.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AMRC is valued a bit cheaper than 74.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.09 |
4.3 Compensation for Growth
A more expensive valuation may be justified as AMRC's earnings are expected to grow with 18.17% in the coming years.
PEG (NY)N/A
PEG (5Y)3.86
EPS Next 2Y6.95%
EPS Next 3Y18.17%
5. Dividend
5.1 Amount
No dividends for AMRC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.65
-0.51 (-3.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners97.43%
Inst Owner Change-3.8%
Ins Owners7.23%
Ins Owner Change8.7%
Market Cap717.99M
Analysts74.74
Price Target21.01 (53.92%)
Short Float %11.03%
Short Ratio3.96
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)27.51%
Min EPS beat(2)-8.27%
Max EPS beat(2)63.3%
EPS beat(4)1
Avg EPS beat(4)-10.73%
Min EPS beat(4)-66.19%
Max EPS beat(4)63.3%
EPS beat(8)3
Avg EPS beat(8)-4.91%
EPS beat(12)5
Avg EPS beat(12)-1.27%
EPS beat(16)9
Avg EPS beat(16)4.4%
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)-12.34%
PT rev (3m)-44.77%
EPS NQ rev (1m)-66.67%
EPS NQ rev (3m)-93.82%
EPS NY rev (1m)0%
EPS NY rev (3m)-55.86%
Revenue NQ rev (1m)-5.41%
Revenue NQ rev (3m)-14.57%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)-3.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.38 | ||
| Fwd PE | 11.7 | ||
| P/S | 0.39 | ||
| P/FCF | N/A | ||
| P/OCF | 10.49 | ||
| P/B | 0.71 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 13.09 |
EPS(TTM)1.02
EY7.47%
EPS(NY)1.17
Fwd EY8.55%
FCF(TTM)-7.16
FCFYN/A
OCF(TTM)1.3
OCFY9.54%
SpS34.68
BVpS19.24
TBVpS17.76
PEG (NY)N/A
PEG (5Y)3.86
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 |
F-Score6
WACC8.92%
ROIC/WACC0.23
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-23.67%
EPS Next 2Y6.95%
EPS Next 3Y18.17%
EPS Next 5Y16.22%
Revenue 1Y (TTM)30.13%
Revenue growth 3Y13.34%
Revenue growth 5Y15.34%
Sales Q2Q%18.24%
Revenue Next Year6.86%
Revenue Next 2Y8.32%
Revenue Next 3Y9.49%
Revenue Next 5Y8.64%
EBIT growth 1Y6.36%
EBIT growth 3Y-5.42%
EBIT growth 5Y9.79%
EBIT Next Year89.6%
EBIT Next 3Y37.7%
EBIT Next 5Y27.29%
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