Ameresco Intrinsic Value – Ameresco and Sunel Team Up to Develop 300MW Projects Across the UK
December 15, 2023
🌥️Trending News
Ameresco ($NYSE:AMRC), a leading independent provider of comprehensive energy services, has announced that it is teaming up with Sunel, a specialist in renewable energy development and investments, to construct 300MW projects across the UK. This exciting collaboration will bring together Ameresco’s experience in developing innovative energy solutions and Sunel’s expertise in renewable energy power projects. Ameresco is a public company listed on the Nasdaq stock exchange. It specializes in developing integrated energy solutions for commercial, industrial and government customers. These projects range from energy efficiency and renewable energy to on-site energy production and microgrids. The company also provides technical services to help customers assess, design, construct and operate their energy projects.
As a pioneering leader in the energy industry, Ameresco has won numerous awards for its innovative projects. With this new collaboration, Ameresco and Sunel will combine their resources and expertise to develop 300MW projects throughout the UK. The projects will include a variety of different renewable energy sources such as wind, solar, and hydro. These projects will help to create jobs in the UK and contribute to the country’s commitment to reduce carbon emissions and transition to clean energy. Both organizations are committed to providing clean, sustainable energy solutions that have a positive impact on the environment and local communities.
Market Price
On Monday, Ameresco (AMRC) opened at $31.6 and closed at $31.7, down by 0.2% from the prior closing price of $31.8. The two companies aim to optimize existing energy infrastructure and reduce costs for customers in the UK. The partnership is expected to bring greater sustainability to energy production while providing a reliable source of energy to customers in the UK. This collaboration between the two companies demonstrates Ameresco’s commitment to creating a more sustainable energy future and driving innovation in the energy sector. 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 Value
At GoodWhale, we recently conducted an analysis of AMERESCO‘s wellbeing. Our proprietary Valuation Line was used to determine the intrinsic value of AMERESCO shares, which came to a conclusion of around $64.7. Currently, AMERESCO stock is being traded at $31.7, meaning it is undervalued by 51.0%. This could be a great opportunity to invest in AMERESCO as there is potential for the stock to be worth much more than its current price. More…
Peers
The company offers a comprehensive range of services, including energy efficiency, renewable energy, distributed generation, demand response, and energy storage. Ameresco has a strong track record of delivering successful projects for government, commercial, and industrial customers. Ameresco’s competitors include Samaiden Group Bhd, Captain Polyplast Ltd, and Trendsetter Solar Products Inc. These companies are also leaders in the energy efficiency and renewable energy industries. Each company has a unique set of offerings, and each is striving to be the best in the business.
– Samaiden Group Bhd ($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 is a leading global provider of energy efficiency solutions, delivering comprehensive services and solutions to help organizations reduce their energy spend. The company recently announced a strategic partnership with Sunel to co-build 300MW projects across the UK. This move is seen as a positive development for AMERESCO, as the expansion into the UK market could provide a significant boost to its financial performance. The projects could also benefit from the UK’s move towards renewable energy, which could further increase returns from the investments.
For investors, AMERESCO presents an attractive opportunity to benefit from the growth of renewable energy while diversifying their portfolios. With its strong balance sheet and proven track record of delivering successful projects, Amercso is well-positioned to capitalize on the growth of the UK’s renewable energy market.
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