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

(VIANEWS) – VOLUE (VOLUE.OL), ODFJELL DRILLING (ODL.OL), MELEXIS (MELE.BR) 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. VOLUE (VOLUE.OL)

21.5% sales growth and 6.57% return on equity

Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.

Earnings Per Share

As for profitability, VOLUE has a trailing twelve months EPS of kr0.38.

PE Ratio

VOLUE has a trailing twelve months price to earnings ratio of 62.11. Meaning, the purchaser of the share is investing kr62.11 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.57%.

Volume

Today’s last reported volume for VOLUE is 60200 which is 21.2% below its average volume of 76405.

Yearly Top and Bottom Value

VOLUE’s stock is valued at kr23.60 at 02:20 EST, way under its 52-week high of kr33.45 and way higher than its 52-week low of kr16.00.

Earnings Before Interest, Taxes, Depreciation, and Amortization

VOLUE’s EBITDA is 2.09.

More news about VOLUE.

2. ODFJELL DRILLING (ODL.OL)

12.6% sales growth and 4.35% return on equity

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates in two segments, Own Fleet and External Fleet. It offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.

Earnings Per Share

As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr2.29.

PE Ratio

ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 15.74. Meaning, the purchaser of the share is investing kr15.74 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.35%.

Moving Average

ODFJELL DRILLING’s value is way higher than its 50-day moving average of kr30.34 and way higher than its 200-day moving average of kr26.96.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 43.6% and a drop 50.4% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 1, 2023, the estimated forward annual dividend rate is 2.55 and the estimated forward annual dividend yield is 6.99%.

More news about ODFJELL DRILLING.

3. MELEXIS (MELE.BR)

11% sales growth and 43.81% return on equity

Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.

Earnings Per Share

As for profitability, MELEXIS has a trailing twelve months EPS of €5.04.

PE Ratio

MELEXIS has a trailing twelve months price to earnings ratio of 16.64. Meaning, the purchaser of the share is investing €16.64 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 43.81%.

Yearly Top and Bottom Value

MELEXIS’s stock is valued at €83.85 at 02:20 EST, way below its 52-week high of €106.90 and way above its 52-week low of €66.45.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.6%, now sitting on 908.94M for the twelve trailing months.

Volume

Today’s last reported volume for MELEXIS is 12937 which is 50.74% below its average volume of 26264.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MELEXIS’s EBITDA is 3.95.

More news about MELEXIS.

4. ASML HOLDING (ASML.AS)

6.3% sales growth and 68.44% return on equity

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.

Earnings Per Share

As for profitability, ASML HOLDING has a trailing twelve months EPS of €18.75.

PE Ratio

ASML HOLDING has a trailing twelve months price to earnings ratio of 31.86. Meaning, the purchaser of the share is investing €31.86 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 68.44%.

More news about ASML HOLDING.

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