Ameresco Intrinsic Value Calculation – Ameresco Secures Battery Energy Storage System Contract with Silicon Valley Power
November 21, 2023
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Ameresco ($NYSE:AMRC), Inc., a leading energy efficiency and renewable energy company, has recently secured a contract from Silicon Valley Power for the installation of a battery energy storage system. The system will enable Silicon Valley Power to reduce energy costs and improve reliability in their network. Ameresco is a publicly traded company (NASDAQ: AMRC) that provides comprehensive energy efficiency and renewable energy solutions to government, business and institutional clients. It specializes in developing renewable energy solutions such as solar photovoltaic, solar thermal, geothermal and battery storage, as well as energy efficiency solutions such as combined heat and power, retrofitting lighting systems and building envelope upgrades.
The company operates in a variety of sectors, including healthcare, higher education, army bases, federal agencies, municipalities and state governments. The battery energy storage system that Ameresco will install for Silicon Valley Power will help them meet their goals of improving their network reliability while reducing energy costs. With this project, Ameresco is demonstrating its commitment to providing innovative energy solutions that make a difference in the communities they serve.
Stock Price
On Monday, Ameresco (AMRC) stocks opened at $28.9 and closed at $29.3, up by 1.2% from the previous closing price of $28.9. This BESS system is expected to help provide more reliable energy services and reduce peak energy costs during times of high demand. It is also expected to help Silicon Valley Power integrate more renewable energy sources into their grid. With this contract, Ameresco is further cementing its position as a leader in battery energy storage solutions. 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 Calculation
GoodWhale recently conducted an analysis of AMERESCO‘s wellbeing. After considering a variety of factors, we used our proprietary Valuation Line to calculate the fair value of AMERESCO share at $51.1. However, at the moment, AMERESCO stock is currently traded at $29.3, resulting in a 42.6% undervalued rate. This indicates that there is potential for upside in AMERESCO’s stock price, and investors may be able to benefit from this discrepancy. More…
Peers
The company offers a comprehensive range of services, including energy efficiency, renewable energy, distributed generation, demand response, and energy storage. Ameresco has a strong track record of delivering successful projects for government, commercial, and industrial customers. Ameresco’s competitors include Samaiden Group Bhd, Captain Polyplast Ltd, and Trendsetter Solar Products Inc. These companies are also leaders in the energy efficiency and renewable energy industries. Each company has a unique set of offerings, and each is striving to be the best in the business.
– Samaiden Group Bhd ($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
This will be the first battery energy storage system of its kind in California. This agreement provides Ameresco with a stable source of income and a potential for future growth in energy storage solutions. Investors may want to consider Ameresco as an established provider of energy solutions with strong technical capabilities, and a commitment to providing cost-effective solutions with environmental benefits.
The company continues to focus on strengthening its presence in the energy storage market and expanding its customer base. This contract shows the company’s commitment to providing clean energy solutions for customers.
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