AMRC vs MOD vs SPXC Stock Comparison

Ameresco, Modine Manufacturing and SPX Technologies Prices as of Oct 27, 2026 Peers: Industry group
AMRC Ameresco, Inc.
$19.92 -7.3% 1M -52.1% 1Y
Market cap
$1.05B
P/E
–
Revenue (TTM)
—
Div. yield
–
Engineering and Construction Industrials
1 win

Head to Head

5 decided of 12

SPX Technologies leads on 3 of the 12 questions below (SPX Technologies 3, Ameresco 1, Modine Manufacturing 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMRCMODSPXCLeader
Larger companyMarket capitalisation $1.05B $7.20B $8.26B SPXC
Cheaper on earningsLower P/E, profitable companies only — — 29.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.1x 20.2x 19.3x AMRC
Faster revenue growthRevenue growth, trailing twelve months — — +20.6% –
More profitableNet margin, trailing twelve months — — 11.3% –
Better return on capitalReturn on invested capital — — 10.5% –
Less leveragedLower net debt / EBITDA — — 0.8x –
Higher dividend yieldTrailing dividend yield — 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -52.1% -16.2% -15.7% SPXC
Better 5-year returnAnnualised price return, 5 years -24.3%/yr +65.8%/yr +23.1%/yr MOD
Less volatileAnnualised volatility, 1 year 68.3% 71.9% 41.5% SPXC
Higher overall scoreMean of the five percentile scores vs peers — — 71/100 –

Percentile Scorecard

AMRCMODSPXC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMRCMODSPXC
Valuation – – 42 #33 of 56
Growth – – 100 #1 of 52
Profitability – – 69 #16 of 49
Financial Health 27 #42 of 57 58 #24 of 56 75 #15 of 56
Shareholder Returns – – –
Overall – – 71
  • AMRC ranked among 57 companies in Construction Services
  • MOD ranked among 60 companies in Construction Products
  • SPXC ranked among 60 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMRCMODSPXCSPY
1 month -7.3%-31.0%-4.5% -0.2%
3 months +1.3%-34.2%-19.2% +3.9%
6 months -28.2%-42.4%-23.7% +8.2%
Year to date -32.0%+2.3%-17.5% +12.9%
1 year -52.1%-16.2%-15.7% +12.3%
3 years -26.9%+249.9%+109.9% +87.4%
3 years, per year -9.9%+51.9%+28.1% +23.3%
5 years -75.1%+1,152.2%+182.3% +67.9%
5 years, per year -24.3%+65.8%+23.1% +10.9%
10 years +286.8%+1,170.9%+760.4% +261.1%
10 years, per year +14.5%+29.0%+24.0% +13.7%

Risk

MeasureAMRCMODSPXCSPY
Volatility, 1Y 68.3%71.9%41.5% 12.7%
Downside volatility, 1Y 69.2%76.7%41.8% 12.7%
Beta vs S&P 500, 1Y 3.113.111.75 1.00
Return / volatility, 1Y -0.76-0.23-0.38 0.97
Max drawdown, 5Y -91.1%-57.6%-38.3% -25.4%
From 52-week high -52.1%-55.5%-33.0% -1.2%
52-week high $41.55$306.89$246.41 $779.14
52-week low $18.32$119.68$160.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMRCMODSPXC
P/E now vs peer median —median 26.7x —median 20.1x 29.6xmedian 20.1x
P/S now vs peer median —median 0.8x —median 1.5x 3.3xmedian 1.5x
EV/EBITDA now vs peer median —median 13.1x —median 11.8x 16.4xmedian 11.8x
P/FCF now vs peer median —median 23.0x —median 16.2x 27.2xmedian 16.2x
P/B now vs peer median 0.9xmedian 2.4x 6.0xmedian 2.9x 3.5xmedian 2.9x
PEG now vs peer median —median 0.57 —median 0.99 0.44median 0.99

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMRCMODSPXC
Revenue – – $2.48B
Gross profit – – $996.30M
Operating income – – $399.90M
Net income – – $278.90M
Free cash flow – – $304.30M
EPS (diluted) – – $5.50
Cash & equivalents $71.79M $73.50M $166.40M
Total debt $6.70B $436.30M $2.29B
Shares (diluted) 53.37M 52.80M 50.68M
Enterprise value $773.21M $6.83B $7.35B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMRCMODSPXC
P/E – – 29.6x
P/FCF – – 27.2x
P/Operating cash flow – – 19.5x
P/S – – 3.3x
P/B 0.9x 6.0x 3.5x
P/Tangible book 0.9x 7.2x 6.2x
EV/EBITDA – – 16.4x
EV/EBIT – – 21.8x
EV/Revenue – – 3.5x
EV/FCF – – 28.6x
EV/Operating cash flow – – 20.6x
PEG (3Y EPS CAGR) – – 0.44

Growth

14 metrics
MetricAMRCMODSPXC
Revenue growth (1Y) – – 20.6%
Revenue CAGR (3Y) – – 15.1%
Gross profit growth (1Y) – – 18.5%
Gross profit CAGR (3Y) – – 17.8%
Operating income growth (1Y) – – 24.1%
Operating income CAGR (3Y) – – 52.2%
Net income growth (1Y) – – 32.4%
Net income CAGR (3Y) – – 72.2%
EPS growth (1Y) – – 23.8%
EPS CAGR (3Y) – – 67.5%
Operating cash flow growth (1Y) – – 52.8%
Operating cash flow CAGR (3Y) – – 131.0%
Free cash flow growth (1Y) – – 23.8%
Free cash flow CAGR (3Y) – – 168.6%

Profitability

14 metrics
MetricAMRCMODSPXC
Gross margin – – 40.2%
EBITDA margin – – 21.4%
Operating margin – – 16.2%
Pretax margin – – 14.8%
Net margin – – 11.3%
FCF margin – – 12.3%
Operating cash flow margin – – 17.1%
Return on equity – – 12.0%
Return on assets – – 7.1%
Return on invested capital – – 10.5%
Return on capital employed – – 12.1%
Asset turnover – – 0.6x
Cash conversion (OCF / net income) – – 1.5x
Stock comp / revenue – – 0.7%

Financial Health

11 metrics
MetricAMRCMODSPXC
Debt / assets 41.5% 16.3% 15.6%
Debt / equity 1.7x 0.4x 0.3x
Net debt / EBITDA – – 0.8x
Debt / FCF – – 2.0x
Liabilities / assets 75.3% 55.0% 40.4%
Equity / assets 24.7% 45.0% 59.6%
Interest coverage – – 10.7x
Current ratio 1.5x 1.9x 1.8x
Quick ratio 1.1x 1.1x 1.1x
Cash ratio 0.1x 0.1x 0.3x
Altman Z-score – – 4.45

Shareholder Returns

7 metrics
MetricAMRCMODSPXC
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – 0.0% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMRCMODSPXC
Forward P/E 15.1xFY2026 20.2xFY2026 19.3xFY2026
EPS, next fiscal year $1.32FY2026 $6.76FY2026 $8.57FY2026
EPS growth, next FY +46.7%FY2026 +46.3%FY2026 +26.8%FY2026
EPS growth, the year after +24.2% +52.2% +20.1%
Revenue, next fiscal year $2.04BFY2026 $4.20BFY2026 $2.64BFY2026
Revenue growth, next FY +5.9%FY2026 +32.2%FY2026 +16.4%FY2026
Revenue growth, the year after +7.7% +16.6% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRCMODSPXC
Held by institutions 65.5% 98.5% 93.8%
Institutions holding 184 634 510
Change in shares held, QoQ +13.3% -4.8% +10.8%
Institutions buying 103 348 275
Institutions selling 56 223 162
Buyers to sellers 1.84 1.56 1.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMRCMODSPXC
AMRC 1.00 0.55 0.41
MOD 0.55 1.00 0.60
SPXC 0.41 0.60 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, AMRC, MOD and SPXC?

SPX Technologies (SPXC) is the largest by market capitalisation: Ameresco (AMRC) $1.05B, Modine Manufacturing (MOD) $7.20B, SPX Technologies (SPXC) $8.26B.

Which stock has performed better?

Over the past year SPX Technologies (SPXC) returned the most: Ameresco (AMRC) -52.1%, Modine Manufacturing (MOD) -16.2%, SPX Technologies (SPXC) -15.7%. Over five years, Modine Manufacturing (MOD) compounded fastest (Ameresco (AMRC) -24.3%/yr, Modine Manufacturing (MOD) +65.8%/yr, SPX Technologies (SPXC) +23.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, SPX Technologies (SPXC) has been the steadiest (Ameresco (AMRC) 68.3%, Modine Manufacturing (MOD) 71.9%, SPX Technologies (SPXC) 41.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMRC, MOD and SPXC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, SPX Technologies (SPXC) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.