AMERESCO INC-CL A (AMRC) Stock Fundamental Analysis
NYSE:AMRC - New York Stock Exchange, Inc. - US02361E1082 - Common Stock - Currency: USD
AMRC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 52 industry peers in the Construction & Engineering industry. AMRC has a bad profitability rating. Also its financial health evaluation is rather negative. AMRC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AMRC had positive earnings in the past year.
AMRC had a positive operating cash flow in the past year.
AMRC had positive earnings in each of the past 5 years.
In the past 5 years AMRC reported 4 times negative operating cash flow.
1.2 Ratios
AMRC has a Return On Assets of 1.30%. This is comparable to the rest of the industry: AMRC outperforms 42.31% of its industry peers.
AMRC has a Return On Equity (5.35%) which is in line with its industry peers.
AMRC's Return On Invested Capital of 2.07% is on the low side compared to the rest of the industry. AMRC is outperformed by 61.54% 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 16.61%.
| 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's Profit Margin of 2.97% is in line compared to the rest of the industry. AMRC outperforms 57.69% of its industry peers.
AMRC's Profit Margin has declined in the last couple of years.
AMRC has a Operating Margin of 4.84%. This is comparable to the rest of the industry: AMRC outperforms 51.92% of its industry peers.
In the last couple of years the Operating Margin of AMRC has declined.
AMRC has a Gross Margin of 14.31%. This is comparable to the rest of the industry: AMRC outperforms 44.23% 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.
The debt/assets ratio for AMRC has been reduced compared to a year ago.
2.2 Solvency
AMRC has an Altman-Z score of 1.01. 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 (1.01) than 73.08% 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 has a worse Debt to Equity ratio (1.55) than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.01 |
ROIC/WACC0.22
WACC9.23%
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 80.77% of its industry peers.
AMRC has a Quick Ratio of 1.56. This is a normal value and indicates that AMRC is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of AMRC (1.56) is better than 84.62% 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.
The Revenue has grown by 30.13% in the past year. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 16.33% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.47% on average over the next years. This is quite good.
EPS Next Y-23.67%
EPS Next 2Y6.95%
EPS Next 3Y18.17%
EPS Next 5Y16.33%
Revenue Next Year7.02%
Revenue Next 2Y8.6%
Revenue Next 3Y9.51%
Revenue Next 5Y8.47%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 15.56, which indicates a correct valuation of AMRC.
AMRC's Price/Earnings ratio is rather cheap when compared to the industry. AMRC is cheaper than 92.31% of the companies in the same industry.
AMRC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.55.
A Price/Forward Earnings ratio of 13.60 indicates a correct valuation of AMRC.
Based on the Price/Forward Earnings ratio, AMRC is valued cheaper than 88.46% of the companies in the same industry.
AMRC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.56 | ||
| Fwd PE | 13.6 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than AMRC, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.51 |
4.3 Compensation for Growth
AMRC's earnings are expected to grow with 18.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)4.48
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 |
15.87
+0.24 (+1.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners97.43%
Inst Owner Change-3.84%
Ins Owners7.23%
Ins Owner Change10.56%
Market Cap834.76M
Analysts74.74
Price Target20.81 (31.13%)
Short Float %9.71%
Short Ratio4.59
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)-0.97%
PT rev (3m)-34.82%
EPS NQ rev (1m)-56.82%
EPS NQ rev (3m)-94.13%
EPS NY rev (1m)0%
EPS NY rev (3m)-55.77%
Revenue NQ rev (1m)-3.59%
Revenue NQ rev (3m)-13.81%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.56 | ||
| Fwd PE | 13.6 | ||
| P/S | 0.46 | ||
| P/FCF | N/A | ||
| P/OCF | 12.19 | ||
| P/B | 0.82 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | 13.51 |
EPS(TTM)1.02
EY6.43%
EPS(NY)1.17
Fwd EY7.35%
FCF(TTM)-7.16
FCFYN/A
OCF(TTM)1.3
OCFY8.2%
SpS34.68
BVpS19.24
TBVpS17.76
PEG (NY)N/A
PEG (5Y)4.48
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 | 1.01 |
F-Score6
WACC9.23%
ROIC/WACC0.22
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 5Y16.33%
Revenue 1Y (TTM)30.13%
Revenue growth 3Y13.34%
Revenue growth 5Y15.34%
Sales Q2Q%18.24%
Revenue Next Year7.02%
Revenue Next 2Y8.6%
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