Ameresco, Inc.

AI-generated fair value estimate for this company.

Method: Normalized P/E multiple method: TTM EPS of $0.53 ($28.24M net income / 53.07M shares) x 25x target P/E multiple.

Reasoning: Ameresco owns and develops long-duration, contracted renewable energy assets financed substantially with non-recourse project debt, so its current-year free cash flow is heavily distorted by growth capex and understates steady-state earning power; a normalized-earnings P/E multiple reflecting its long growth runway as an energy-infrastructure compounder is a more accurate method than a simple corporate FCF DCF.