NEOEN And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NEOEN (NEOEN.PA), SPAREBANKEN SØR (SOR.OL), NORBIT (NORBT.OL) are the highest sales growth and return on equity stocks on this list.

Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?

1. NEOEN (NEOEN.PA)

48.5% sales growth and 7.39% return on equity

Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France. Neoen S.A. operates as a subsidiary of Impala SAS.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €0.34.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 80.47. Meaning, the purchaser of the share is investing €80.47 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.39%.

Sales Growth

NEOEN’s sales growth is 63.4% for the ongoing quarter and 48.5% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.6%, now sitting on 556.1M for the twelve trailing months.

Moving Average

NEOEN’s worth is under its 50-day moving average of €28.98 and way below its 200-day moving average of €31.96.

More news about NEOEN.

2. SPAREBANKEN SØR (SOR.OL)

33.4% sales growth and 9.48% return on equity

Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.

Earnings Per Share

As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr13.44.

PE Ratio

SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.49. Meaning, the purchaser of the share is investing kr9.49 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.48%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 35.8%, now sitting on 2.98B for the twelve trailing months.

Volume

Today’s last reported volume for SPAREBANKEN SØR is 3282 which is 25.64% below its average volume of 4414.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 6 and the estimated forward annual dividend yield is 4.74%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 69.6% and 64.8%, respectively.

More news about SPAREBANKEN SØR.

3. NORBIT (NORBT.OL)

22% sales growth and 24.78% return on equity

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.49.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 24.5. Meaning, the purchaser of the share is investing kr24.5 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.78%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 5, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.2%.

Moving Average

NORBIT’s value is higher than its 50-day moving average of kr55.60 and way above its 200-day moving average of kr40.50.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 16.4% and 190%, respectively.

More news about NORBIT.

4. TIPIAK (TIPI.PA)

13.7% sales growth and 6.82% return on equity

Tipiak Société Anonyme, a food company, manufactures prepared food products, frozen ready-meals, pastry products, groceries, and crusty bread products. The company offers groceries, such as breadcrumbs, cereals, couscous, croutons, Japanese pearls, potato starch, quinoa, and tapioca; frozen products, including savory products, appetizers, and side dishes with grains; and frozen sweet products comprising macarons, mini eclairs, and petits fours. It sells its products in France, England, and the United States. The company was founded in 1830 and is based in Saint-Aignan-Grandlieu, France.

Earnings Per Share

As for profitability, TIPIAK has a trailing twelve months EPS of €4.62.

PE Ratio

TIPIAK has a trailing twelve months price to earnings ratio of 12.34. Meaning, the purchaser of the share is investing €12.34 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.82%.

Moving Average

TIPIAK’s worth is below its 50-day moving average of €59.56 and under its 200-day moving average of €58.28.

More news about TIPIAK.

5. ITERA (ITERA.OL)

11.8% sales growth and 99.64% return on equity

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.81.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 19.07. Meaning, the purchaser of the share is investing kr19.07 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 99.64%.

More news about ITERA.

6. SONAE (SON.LS)

10.5% sales growth and 9.35% return on equity

Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. is a subsidiary of Efanor Investimentos SGPS, SA.

Earnings Per Share

As for profitability, SONAE has a trailing twelve months EPS of €0.14.

PE Ratio

SONAE has a trailing twelve months price to earnings ratio of 7.19. Meaning, the purchaser of the share is investing €7.19 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.35%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.05 and the estimated forward annual dividend yield is 5.51%.

Volume

Today’s last reported volume for SONAE is 6920340 which is 250.45% above its average volume of 1974650.

Sales Growth

SONAE’s sales growth is 25.6% for the present quarter and 10.5% for the next.

Yearly Top and Bottom Value

SONAE’s stock is valued at €1.01 at 07:20 EST, under its 52-week high of €1.07 and way higher than its 52-week low of €0.81.

More news about SONAE.

7. MAREL (MAREL.AS)

5.5% sales growth and 4.51% return on equity

Marel hf. develops, distributes, and sells solutions, software, and services to food processing industries in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company's Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks. Its Meat Processing segment supplies primary, secondary, and further processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for farmed and wild salmon and whitefish processing. Its Plant, pet and feed segment provides solutions and services to the pet food, plant-based protein, and aqua feed markets. Marel hf. was founded in 1977 and is based in Garðabær, Iceland.

Earnings Per Share

As for profitability, MAREL has a trailing twelve months EPS of €0.06.

PE Ratio

MAREL has a trailing twelve months price to earnings ratio of 52.67. Meaning, the purchaser of the share is investing €52.67 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.51%.

Volume

Today’s last reported volume for MAREL is 32115 which is 35.9% below its average volume of 50102.

More news about MAREL.

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