Ameresco Intrinsic Stock Value – Ameresco Secures Award for 111MW of Clean Energy Projects from Hawaiian Electric
December 13, 2023
☀️Trending News
Ameresco ($NYSE:AMRC), Inc. is a publicly-traded American energy services company that provides comprehensive, integrated energy solutions to public and private sector customers. The company has just been awarded two clean energy projects, totaling 111MW, from Hawaiian Electric. These projects are part of Hawaiian Electric’s commitment to developing and deploying innovative clean energy solutions.
The two projects include a solar and battery storage facility on Maui and a solar array on Lanai. It showcases their strong commitment to sustainable solutions and innovative renewable energy projects.
Price History
As a result, Ameresco‘s stock opened at $31.6 and closed at $31.7, down 0.2% from the prior closing price of 31.8. This award is the culmination of Ameresco’s ongoing efforts to provide clean, renewable energy to Hawaiian Electric customers, and is the latest in a series of projects that the company has completed in Hawaii. With this award, Ameresco is well positioned to continue its commitment to renewable energy and environmental sustainability in the Hawaiian islands. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ameresco. More…
| Total Revenues | Net Income | Net Margin |
| 1.26k | 46.67 | 3.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ameresco. More…
| Operations | Investing | Financing |
| -105.54 | -590.89 | 708.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ameresco. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.46k | 2.51k | 16.63 |
Key Ratios Snapshot
Some of the financial key ratios for Ameresco are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.3% | 3.1% | 5.7% |
| FCF Margin | ROE | ROA |
| -54.5% | 5.2% | 1.3% |
Analysis – Ameresco Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of AMERESCO’s financials. Our proprietary Valuation Line suggests that the intrinsic value of AMERESCO share is around $64.8. This indicates that AMERESCO stock is currently undervalued, trading at $31.7 – representing a 51.1% discount from its intrinsic value. As such, this presents an attractive opportunity for investors to buy a quality company at a discounted price. Ameresco_Secures_Award_for_111MW_of_Clean_Energy_Projects_from_Hawaiian_Electric”>More…
Peers
The company offers a comprehensive range of services, including energy efficiency, renewable energy, distributed generation, demand response, and energy storage. Ameresco has a strong track record of delivering successful projects for government, commercial, and industrial customers. Ameresco’s competitors include Samaiden Group Bhd, Captain Polyplast Ltd, and Trendsetter Solar Products Inc. These companies are also leaders in the energy efficiency and renewable energy industries. Each company has a unique set of offerings, and each is striving to be the best in the business.
– Samaiden Group Bhd ($KLSE:0223)
Samaiden Group Bhd is a Malaysian conglomerate with a market capitalization of 296.45 million as of 2022. The company’s return on equity is 12.46%. Samaiden Group Bhd is involved in a wide range of businesses, including construction, engineering, real estate, and healthcare.
– Captain Polyplast Ltd ($BSE:536974)
Polyplast Ltd is a publicly traded company with a market capitalization of $785.91 million as of 2022. The company has a return on equity of 11.43%. Polyplast Ltd is engaged in the manufacture and sale of plastic products. The company’s products include pipes, fittings, and sheets. Polyplast Ltd is headquartered in India.
Summary
Ameresco, a clean energy and energy efficiency company, has recently secured two projects from Hawaiian Electric. This is expected to have a positive effect on Ameresco’s share price in the near future. The company’s stock is currently trading at a higher price than it was at the beginning of the year, and many investors are taking note of Ameresco’s success in the clean energy space.
Analysts predict that Ameresco will be well positioned to capitalize on future growth in the sector, as renewable energy continues to gain traction in the United States. With this new award, Ameresco is set for further success in the near term.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
