AMERESCO INC-CL A (AMRC) Stock Fundamental Analysis
USA - NYSE:AMRC - US02361E1082 - Common Stock
27.39 USD
+0.06 (+0.22%)
27.4 USD
+0.01 (+0.04%)
Taking everything into account, AMRC scores 3 out of 10 in our fundamental rating. AMRC was compared to 52 industry peers in the Construction & Engineering industry. Both the profitability and financial health of AMRC have multiple concerns. AMRC is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AMRC had positive earnings in the past year.
AMRC had a negative operating cash flow in the past year.
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
AMRC has a Return On Assets of 1.44%. This is in the lower half of the industry: AMRC underperforms 61.54% of its industry peers.
With a Return On Equity value of 5.99%, AMRC perfoms like the industry average, outperforming 44.23% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.16%, AMRC is doing worse than 65.38% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AMRC is significantly below the industry average of 17.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 5.99% | ||
| ROIC | 2.16% |
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 3.33% is in line compared to the rest of the industry. AMRC outperforms 51.92% of its industry peers.
In the last couple of years the Profit Margin of AMRC has declined.
Looking at the Operating Margin, with a value of 5.11%, AMRC is in line with its industry, outperforming 48.08% of the companies in the same industry.
In the last couple of years the Operating Margin of AMRC has declined.
Looking at the Gross Margin, with a value of 14.48%, AMRC is in line with its industry, outperforming 42.31% 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 | 5.11% | ||
| PM (TTM) | 3.33% | ||
| GM | 14.48% |
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.
Compared to 1 year ago, AMRC has more shares outstanding
Compared to 5 years ago, AMRC has more shares outstanding
AMRC has a better debt/assets ratio than last year.
2.2 Solvency
AMRC has an Altman-Z score of 1.11. 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 (1.11) than 73.08% of its industry peers.
A Debt/Equity ratio of 1.61 is on the high side and indicates that AMRC has dependencies on debt financing.
The Debt to Equity ratio of AMRC (1.61) is worse than 73.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.11 |
ROIC/WACC0.21
WACC10.23%
2.3 Liquidity
AMRC has a Current 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.
AMRC has a Current ratio of 1.56. This is in the better half of the industry: AMRC outperforms 71.15% of its industry peers.
A Quick Ratio of 1.54 indicates that AMRC should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.54, AMRC is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.33% over the past year.
The Earnings Per Share has been growing slightly by 3.47% on average over the past years.
AMRC shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.86%.
Measured over the past years, AMRC shows a quite strong growth in Revenue. The Revenue has been growing by 15.34% on average per year.
EPS 1Y (TTM)8.33%
EPS 3Y-12.06%
EPS 5Y3.47%
EPS Q2Q%166.67%
Revenue 1Y (TTM)22.86%
Revenue growth 3Y13.34%
Revenue growth 5Y15.34%
Sales Q2Q%7.83%
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 16.97% yearly.
Based on estimates for the next years, AMRC will show a quite strong growth in Revenue. The Revenue will grow by 8.41% on average per year.
EPS Next Y-24.22%
EPS Next 2Y6.72%
EPS Next 3Y19.72%
EPS Next 5Y16.97%
Revenue Next Year8.47%
Revenue Next 2Y8.91%
Revenue Next 3Y9.97%
Revenue Next 5Y8.41%
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.
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
Based on the Price/Earnings ratio of 23.41, the valuation of AMRC can be described as rather expensive.
76.92% of the companies in the same industry are more expensive than AMRC, based on the Price/Earnings ratio.
AMRC is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 23.58, AMRC is valued on the expensive side.
AMRC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AMRC is cheaper than 63.46% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.73. AMRC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.41 | ||
| Fwd PE | 23.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AMRC is valued a bit cheaper than 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.39 |
4.3 Compensation for Growth
A more expensive valuation may be justified as AMRC's earnings are expected to grow with 19.72% in the coming years.
PEG (NY)N/A
PEG (5Y)6.74
EPS Next 2Y6.72%
EPS Next 3Y19.72%
5. Dividend
5.1 Amount
AMRC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.39
+0.06 (+0.22%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners96.9%
Inst Owner Change7.24%
Ins Owners7.71%
Ins Owner Change2.33%
Market Cap1.44B
Analysts76.47
Price Target31.62 (15.44%)
Short Float %8.3%
Short Ratio3.51
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)2
Avg EPS beat(2)609.63%
Min EPS beat(2)64.35%
Max EPS beat(2)1154.9%
EPS beat(4)2
Avg EPS beat(4)294.8%
Min EPS beat(4)-31.77%
Max EPS beat(4)1154.9%
EPS beat(8)4
Avg EPS beat(8)141.87%
EPS beat(12)5
Avg EPS beat(12)92.1%
EPS beat(16)9
Avg EPS beat(16)74.97%
Revenue beat(2)2
Avg Revenue beat(2)12.17%
Min Revenue beat(2)11.49%
Max Revenue beat(2)12.84%
Revenue beat(4)3
Avg Revenue beat(4)6.23%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)12.84%
Revenue beat(8)6
Avg Revenue beat(8)5.83%
Revenue beat(12)9
Avg Revenue beat(12)5.12%
Revenue beat(16)11
Avg Revenue beat(16)4.39%
PT rev (1m)15.64%
PT rev (3m)32.9%
EPS NQ rev (1m)-47.34%
EPS NQ rev (3m)-61.82%
EPS NY rev (1m)-1.33%
EPS NY rev (3m)-0.73%
Revenue NQ rev (1m)-2.73%
Revenue NQ rev (3m)-3.37%
Revenue NY rev (1m)1.25%
Revenue NY rev (3m)1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.41 | ||
| Fwd PE | 23.58 | ||
| P/S | 0.78 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.4 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 16.39 |
EPS(TTM)1.17
EY4.27%
EPS(NY)1.16
Fwd EY4.24%
FCF(TTM)-8.22
FCFYN/A
OCF(TTM)-0.22
OCFYN/A
SpS35.27
BVpS19.63
TBVpS18.15
PEG (NY)N/A
PEG (5Y)6.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 5.99% | ||
| ROCE | 2.74% | ||
| ROIC | 2.16% | ||
| ROICexc | 2.21% | ||
| ROICexgc | 2.27% | ||
| OM | 5.11% | ||
| PM (TTM) | 3.33% | ||
| GM | 14.48% | ||
| 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-Score5
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.56 | ||
| Cap/Depr | 425.09% | ||
| Cap/Sales | 22.67% | ||
| Interest Coverage | 0.88 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 1.11 |
F-Score5
WACC10.23%
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)8.33%
EPS 3Y-12.06%
EPS 5Y3.47%
EPS Q2Q%166.67%
EPS Next Y-24.22%
EPS Next 2Y6.72%
EPS Next 3Y19.72%
EPS Next 5Y16.97%
Revenue 1Y (TTM)22.86%
Revenue growth 3Y13.34%
Revenue growth 5Y15.34%
Sales Q2Q%7.83%
Revenue Next Year8.47%
Revenue Next 2Y8.91%
Revenue Next 3Y9.97%
Revenue Next 5Y8.41%
EBIT growth 1Y9.47%
EBIT growth 3Y-5.42%
EBIT growth 5Y9.79%
EBIT Next Year91.21%
EBIT Next 3Y38.95%
EBIT Next 5Y27.64%
FCF growth 1Y18.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y81.79%
OCF growth 3YN/A
OCF growth 5YN/A