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Ameresco (STU:4AM) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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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 Mar. 2024 is calculated as:

For example, Ameresco's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.603/131.7762*131.7762
=-1.603

Current CPI (Mar. 2024) = 131.7762.

Ameresco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 -0.395 100.428 -0.518
201412 0.051 99.070 0.068
201503 -0.562 99.621 -0.743
201506 -0.433 100.684 -0.567
201509 -0.229 100.392 -0.301
201512 -0.742 99.792 -0.980
201603 -0.463 100.470 -0.607
201606 -0.734 101.688 -0.951
201609 -0.624 101.861 -0.807
201612 -0.689 101.863 -0.891
201703 -1.264 102.862 -1.619
201706 -0.829 103.349 -1.057
201709 -1.046 104.136 -1.324
201712 -1.155 104.011 -1.463
201803 -1.274 105.290 -1.594
201806 -0.835 106.317 -1.035
201809 -0.376 106.507 -0.465
201812 -0.821 105.998 -1.021
201903 -1.536 107.251 -1.887
201906 -1.407 108.070 -1.716
201909 -0.771 108.329 -0.938
201912 -2.596 108.420 -3.155
202003 -1.509 108.902 -1.826
202006 -1.305 108.767 -1.581
202009 -1.022 109.815 -1.226
202012 -1.226 109.897 -1.470
202103 -1.588 111.754 -1.873
202106 -1.690 114.631 -1.943
202109 -1.033 115.734 -1.176
202112 -1.496 117.630 -1.676
202203 -5.652 121.301 -6.140
202206 -1.891 125.017 -1.993
202209 -0.668 125.227 -0.703
202212 -3.376 125.222 -3.553
202303 -0.583 127.348 -0.603
202306 -4.694 128.729 -4.805
202309 -3.423 129.860 -3.474
202312 -2.126 129.419 -2.165
202403 -1.603 131.776 -1.603

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  (STU:4AM) 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 (STU:4AM) 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.

Ameresco (STU:4AM) Headlines

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