(VIANEWS) – AMSC (AMSC.OL), REC SILICON (RECSI.OL), SPBK1 NORD-NORGE (NONG.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. AMSC (AMSC.OL)
1395% sales growth and 8.21% return on equity
AMSC ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company purchases and bareboat charters out vessels to operators and end users. It operates a fleet of nine product tankers, one shuttle tanker, and one subsea construction vessel. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was founded in 2005 and is headquartered in Lysaker, Norway.
Earnings Per Share
As for profitability, AMSC has a trailing twelve months EPS of kr4.28.
PE Ratio
AMSC has a trailing twelve months price to earnings ratio of 5.83. Meaning, the purchaser of the share is investing kr5.83 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 8.21%.
More news about AMSC.
2. REC SILICON (RECSI.OL)
151.4% sales growth and 44.59% return on equity
REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various solar grade polysilicon for solar applications, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules. The company provides electronic grade polysilicon comprising Float Zone based devices that are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, Internet of Things, and big data; and Czochralski, an electronic grade polysilicon that principally used in manufacturing of semiconductor wafers. In addition, it offers silicon gases consisting of silane, dichlorosilane, monochlorosilane, and disilane. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.
Earnings Per Share
As for profitability, REC SILICON has a trailing twelve months EPS of kr-2.52.
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 44.59%.
Moving Average
REC SILICON’s value is way under its 50-day moving average of kr11.86 and way below its 200-day moving average of kr14.57.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.2%, now sitting on 141.1M for the twelve trailing months.
Sales Growth
REC SILICON’s sales growth is 128.1% for the ongoing quarter and 151.4% for the next.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 50.6% and 69.7%, respectively.
More news about REC SILICON.
3. SPBK1 NORD-NORGE (NONG.OL)
25.8% sales growth and 15.3% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr10.98.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.89. Meaning, the purchaser of the share is investing kr8.89 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 15.3%.
More news about SPBK1 NORD-NORGE.
4. SPAREBANKEN VEST (SVEG.OL)
19.7% sales growth and 15.65% return on equity
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. The company was founded in 1823 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr11.5.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 10.68. Meaning, the purchaser of the share is investing kr10.68 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 15.65%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.1%, now sitting on 6.19B for the twelve trailing months.
Yearly Top and Bottom Value
SPAREBANKEN VEST’s stock is valued at kr122.80 at 01:20 EST, higher than its 52-week high of kr121.60.
More news about SPAREBANKEN VEST.
5. SHELL PLC (SHELL.AS)
16.8% sales growth and 10.31% return on equity
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles. In addition, it trades in and refines crude oil and other feed stocks, such as low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.
Earnings Per Share
As for profitability, SHELL PLC has a trailing twelve months EPS of €2.6.
PE Ratio
SHELL PLC has a trailing twelve months price to earnings ratio of 11.62. Meaning, the purchaser of the share is investing €11.62 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 10.31%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 22.3%, now sitting on 316.62B for the twelve trailing months.
Sales Growth
SHELL PLC’s sales growth is negative 15.1% for the ongoing quarter and 16.8% for the next.
More news about SHELL PLC.
