SCATEC And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SCATEC (SCATC.OL), ENVIPCO (ENVI.AS), VÅR ENERGI (VAR.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. SCATEC (SCATC.OL)

121.2% sales growth and 11.65% return on equity

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SCATEC has a trailing twelve months EPS of kr4.24.

PE Ratio

SCATEC has a trailing twelve months price to earnings ratio of 20.65. Meaning, the purchaser of the share is investing kr20.65 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 11.65%.

Sales Growth

SCATEC’s sales growth is negative 4.8% for the present quarter and 121.2% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 36.8% and positive 528.6% for the next.

More news about SCATEC.

2. ENVIPCO (ENVI.AS)

39.2% sales growth and 7.69% return on equity

Envipco Holding N.V., together with its subsidiaries, designs, develops, manufactures, and sells or leases reverse vending machines (RVM) for the collection and processing of used beverage containers primarily in the Netherlands, North America, and Europe. The company provides technical support, RVM maintenance, and accounting services to the retail stores, bottlers, and distributors for containers redeemed through its machines. It also offers deposit, handling fees, scrap reconciliations, commodity brokerage, clearing house functions, and accounting services. In addition, the company provides materials handling services primarily in the northeastern part of the United States. Envipco Holding N.V. was incorporated in 1998 and is headquartered in Amersfoort, the Netherlands.

Earnings Per Share

As for profitability, ENVIPCO has a trailing twelve months EPS of €-0.09.

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 7.69%.

More news about ENVIPCO.

3. VÅR ENERGI (VAR.OL)

26.7% sales growth and 37.31% return on equity

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi AS operates as a subsidiary of Eni International B.V.

Earnings Per Share

As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr2.14.

PE Ratio

VÅR ENERGI has a trailing twelve months price to earnings ratio of 15.94. Meaning, the purchaser of the share is investing kr15.94 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 37.31%.

More news about VÅR ENERGI.

4. KONGSBERG GRUPPEN (KOG.OL)

15.1% sales growth and 25.08% return on equity

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr23.22.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 37.47. Meaning, the purchaser of the share is investing kr37.47 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 25.08%.

Yearly Top and Bottom Value

KONGSBERG GRUPPEN’s stock is valued at kr870.00 at 02:20 EST, under its 52-week high of kr944.00 and way above its 52-week low of kr426.00.

Sales Growth

KONGSBERG GRUPPEN’s sales growth is 14.8% for the current quarter and 15.1% for the next.

More news about KONGSBERG GRUPPEN.

5. SALMAR (SALM.OL)

11.7% sales growth and 7.71% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr13.16.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 46.12. Meaning, the purchaser of the share is investing kr46.12 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 7.71%.

More news about SALMAR.

6. AXACTOR (ACR.OL)

5.2% sales growth and 9.72% return on equity

Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AXACTOR has a trailing twelve months EPS of kr0.99.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 4.23. Meaning, the purchaser of the share is investing kr4.23 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 9.72%.

Moving Average

AXACTOR’s value is way under its 50-day moving average of kr5.43 and way under its 200-day moving average of kr5.94.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.2%, now sitting on 246.62M for the twelve trailing months.

Volume

Today’s last reported volume for AXACTOR is 414313 which is 39.07% above its average volume of 297910.

More news about AXACTOR.

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