Ameresco
Market Cap
US$2.2b
Last Updated
2020/11/26 00:10 UTC
Data Sources
Company Financials +
Executive Summary
Ameresco, Inc. provides comprehensive energy services for businesses and organizations in North America and Europe. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with imperfect balance sheet.
Similar Companies
Share Price & News
How has Ameresco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AMRC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: AMRC's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
2.7%
AMRC
2.1%
US Construction
2.8%
US Market
1 Year Return
171.9%
AMRC
17.1%
US Construction
19.7%
US Market
Return vs Industry: AMRC exceeded the US Construction industry which returned 19.5% over the past year.
Return vs Market: AMRC exceeded the US Market which returned 20.4% over the past year.
Shareholder returns
| AMRC | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 2.1% | 2.8% |
| 30 Day | 12.3% | 14.4% | 8.0% |
| 90 Day | 34.9% | 23.9% | 6.8% |
| 1 Year | 171.9%171.9% | 17.8%17.1% | 22.4%19.7% |
| 3 Year | 410.0%410.0% | 16.3%13.8% | 47.3%37.5% |
| 5 Year | 557.3%557.3% | 63.7%57.9% | 93.6%72.3% |
Long-Term Price Volatility Vs. Market
How volatile is Ameresco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Do Ameresco's (NYSE:AMRC) Earnings Warrant Your Attention?2 weeks ago | Simply Wall St
This Insider Has Just Sold Shares In Ameresco, Inc. (NYSE:AMRC)3 weeks ago | Simply Wall St
Ameresco, Inc. Just Recorded A 63% EPS Beat: Here's What Analysts Are Forecasting NextValuation
Is Ameresco undervalued compared to its fair value and its price relative to the market?
39.99x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AMRC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AMRC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AMRC is poor value based on its PE Ratio (40x) compared to the US Construction industry average (21.4x).
PE vs Market: AMRC is poor value based on its PE Ratio (40x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: AMRC is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: AMRC is overvalued based on its PB Ratio (4.6x) compared to the US Construction industry average (2.3x).
Next Steps
Future Growth
How is Ameresco forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
14.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMRC's forecast earnings growth (14.8% per year) is above the savings rate (2.2%).
Earnings vs Market: AMRC's earnings (14.8% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: AMRC's earnings are forecast to grow, but not significantly.
Revenue vs Market: AMRC's revenue (8.6% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: AMRC's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMRC's Return on Equity is forecast to be low in 3 years time (10.6%).
Next Steps
Past Performance
How has Ameresco performed over the past 5 years?
35.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMRC has a high level of non-cash earnings.
Growing Profit Margin: AMRC's current net profit margins (5.1%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: AMRC's earnings have grown significantly by 35% per year over the past 5 years.
Accelerating Growth: AMRC's earnings growth over the past year (55.2%) exceeds its 5-year average (35% per year).
Earnings vs Industry: AMRC earnings growth over the past year (55.2%) exceeded the Construction industry 15.3%.
Return on Equity
High ROE: AMRC's Return on Equity (10.8%) is considered low.
Next Steps
Financial Health
How is Ameresco's financial position?
Financial Position Analysis
Short Term Liabilities: AMRC's short term assets ($456.6M) exceed its short term liabilities ($338.7M).
Long Term Liabilities: AMRC's short term assets ($456.6M) do not cover its long term liabilities ($746.6M).
Debt to Equity History and Analysis
Debt Level: AMRC's debt to equity ratio (140%) is considered high.
Reducing Debt: AMRC's debt to equity ratio has increased from 71.3% to 140% over the past 5 years.
Debt Coverage: AMRC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AMRC's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Ameresco current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AMRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AMRC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AMRC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AMRC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AMRC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
George Sakellaris (73 yo)
20.83yrs
Tenure
US$3,897,493
Compensation
Mr. George P. Sakellaris, P.E., founded Ameresco, Inc. in April 2000 and also has been its Chairman, Chief Executive Officer and President since 2000. Mr. Sakellaris had a vision of creating an energy comp...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD3.90M) is about average for companies of similar size in the US market ($USD4.16M).
Compensation vs Earnings: George's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.83yrs | US$3.90m | 44.61% $ 962.0m | |
| Senior VP & CFO | 1.33yrs | US$1.06m | no data | |
| VP & Chief Accounting Officer | 2.08yrs | US$735.98k | no data | |
| Executive VP | 20.83yrs | US$677.52k | 0.98% $ 21.1m | |
| Executive Vice President of Distributed Energy Systems | no data | US$710.88k | 0% $ 0 | |
| Executive VP & GM of Federal Solutions | no data | US$771.38k | 0.041% $ 884.8k | |
| Vice President of Marketing & Communications | 1.83yrs | no data | no data | |
| Vice President of Human Resources & Operations | 1.83yrs | no data | no data | |
| Executive VP & Director | 20.83yrs | US$438.92k | 0.15% $ 3.2m | |
| Executive Vice President | 11.58yrs | US$413.78k | no data | |
| Senior Vice President of Corporate Government Relations | 1.08yrs | US$336.01k | no data | |
| Senior Vice President of Western Region & London Operations | 0.083yr | no data | no data |
2.0yrs
Average Tenure
53yo
Average Age
Experienced Management: AMRC's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.83yrs | US$3.90m | 44.61% $ 962.0m | |
| Executive VP | 20.83yrs | US$677.52k | 0.98% $ 21.1m | |
| Executive VP & Director | 20.83yrs | US$438.92k | 0.15% $ 3.2m | |
| Independent Lead Director | 9.5yrs | US$296.18k | 0% $ 0 | |
| Independent Director | 1.58yrs | US$512.72k | 0.0084% $ 180.3k | |
| Independent Director | 4.08yrs | US$286.68k | 0.022% $ 473.1k | |
| Independent Director | 5.83yrs | US$291.18k | 0.025% $ 540.6k | |
| Independent Director | 9.5yrs | US$300.68k | 0.14% $ 3.1m | |
| Independent Director | 10.5yrs | US$295.68k | 0.029% $ 630.7k |
9.5yrs
Average Tenure
64yo
Average Age
Experienced Board: AMRC's board of directors are considered experienced (9.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AMRC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ameresco, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ameresco, Inc.
- Ticker: AMRC
- Exchange: NYSE
- Founded: 2000
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$2.156b
- Shares outstanding: 47.87m
- Website: https://www.ameresco.com
Number of Employees
Location
- Ameresco, Inc.
- 111 Speen Street
- Suite 410
- Framingham
- Massachusetts
- 1701
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AMRC | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Jul 2010 |
| 4AM | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Jul 2010 |
Biography
Ameresco, Inc. provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, ass...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 00:10 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.