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Ameresco (Ameresco) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Ameresco Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameresco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ameresco's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ameresco Cyclically Adjusted Price-to-FCF Chart

Ameresco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ameresco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Ameresco's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Ameresco's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ameresco's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ameresco's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ameresco's Cyclically Adjusted Price-to-FCF falls into.



Ameresco Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ameresco's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ameresco's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-2.318/129.4194*129.4194
=-2.318

Current CPI (Dec. 2023) = 129.4194.

Ameresco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.136 99.695 -0.177
201406 0.000 100.560 0.000
201409 -0.510 100.428 -0.657
201412 0.063 99.070 0.082
201503 -0.608 99.621 -0.790
201506 -0.485 100.684 -0.623
201509 -0.257 100.392 -0.331
201512 -0.808 99.792 -1.048
201603 -0.516 100.470 -0.665
201606 -0.825 101.688 -1.050
201609 -0.701 101.861 -0.891
201612 -0.727 101.863 -0.924
201703 -1.352 102.862 -1.701
201706 -0.931 103.349 -1.166
201709 -1.246 104.136 -1.549
201712 -1.367 104.011 -1.701
201803 -1.571 105.290 -1.931
201806 -0.976 106.317 -1.188
201809 -0.439 106.507 -0.533
201812 -0.934 105.998 -1.140
201903 -1.736 107.251 -2.095
201906 -1.590 108.070 -1.904
201909 -0.850 108.329 -1.015
201912 -2.884 108.420 -3.443
202003 -1.667 108.902 -1.981
202006 -1.470 108.767 -1.749
202009 -1.204 109.815 -1.419
202012 -1.491 109.897 -1.756
202103 -1.891 111.754 -2.190
202106 -2.036 114.631 -2.299
202109 -1.215 115.734 -1.359
202112 -1.690 117.630 -1.859
202203 -6.224 121.301 -6.641
202206 -1.999 125.017 -2.069
202209 -0.661 125.227 -0.683
202212 -3.576 125.222 -3.696
202303 -0.624 127.348 -0.634
202306 -5.086 128.729 -5.113
202309 -3.653 129.860 -3.641
202312 -2.318 129.419 -2.318

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ameresco  (NYSE:AMRC) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ameresco Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Ameresco's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameresco (Ameresco) Business Description

Industry
Traded in Other Exchanges
Address
111 Speen Street, Suite 410, Framingham, MA, USA, 01701
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operation and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
Executives
George P Sakellaris director, 10 percent owner, officer: President and CEO 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Nicole E Bulgarino officer: Senior Vice President C/O AMERESCO, INC., 111 SPEEN ST, SUITE 410, FRAMINGHAM MA 01701
Spencer Doran Hole officer: SVP and CFO C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Peter Christakis officer: Executive Vice President C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Britta Macintosh officer: Senior Vice President 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Louis P Maltezos officer: Executive Vice President 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
David J Corrsin director, officer: EVP and General Counsel 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Mark Chiplock officer: Vice President & CFO C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Michael T Bakas officer: Senior Vice President 111 SPEEN STREET, SUIT 410, FRAMINGHAM MA 01701
Wisneski Francis V Jr director 111 SPEEN STREET, FRAMINGHAM MA 01701
Charles R. Patton director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Claire D'oyly-hughes Johnson director C/O AMERESCO, INC., 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Douglas I Foy director 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Robert Georgeoff officer: Senior Vice President 111 SPEEN STREET, STE. 401, 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Thomas S Murley director C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701