Is Ameresco, Inc. overvalued or undervalued?

As of 20 May 2025, the valuation grade for Ameresco, Inc. has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 12, an EV to EBITDA ratio of 13.20, and a PEG ratio of 0.58, which indicates potential growth at a reasonable price.
In comparison to its peer, IHS Holding Ltd., which has a significantly negative P/E ratio of -33.43, Ameresco appears to be in a more stable position. However, the industry average P/E is not provided, making direct comparisons challenging. Despite recent stock performance lagging behind the S&P 500, with a year-to-date return of -38.80% compared to the S&P's 2.44%, the current valuation suggests that Ameresco is not undervalued but rather fairly positioned in the market.