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

(VIANEWS) – KITRON (KIT.OL), ODFJELL DRILLING (ODL.OL), SCATEC (SCATC.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. KITRON (KIT.OL)

1046.9% sales growth and 22.67% return on equity

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. It manufactures and sells electronics that are embedded in the customer's own products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high-level assembly lines, and environmental durability testing. Its services comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance, as well as logistics and distribution, and product deployment services. The company markets its services to connectivity, electrification, industry, medical devices, and defence/aerospace sectors. Kitron ASA was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.21.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 12.97. Meaning, the purchaser of the share is investing kr12.97 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 22.67%.

Sales Growth

KITRON’s sales growth is negative 6.8% for the present quarter and 1046.9% for the next.

More news about KITRON.

2. ODFJELL DRILLING (ODL.OL)

997.7% sales growth and 18.26% return on equity

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates through Own Fleet and External Fleet segments. It also 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 kr10.48.

PE Ratio

ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 4.79. Meaning, the purchaser of the share is investing kr4.79 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 18.26%.

Yearly Top and Bottom Value

ODFJELL DRILLING’s stock is valued at kr50.20 at 07:20 EST, way under its 52-week high of kr60.50 and way above its 52-week low of kr32.65.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 32.7% and a drop 9.7% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4.1%, now sitting on 763.5M for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 30, 2024, the estimated forward annual dividend rate is 2.54 and the estimated forward annual dividend yield is 4.78%.

More news about ODFJELL DRILLING.

3. SCATEC (SCATC.OL)

121.2% sales growth and 7.41% 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 kr2.01.

PE Ratio

SCATEC has a trailing twelve months price to earnings ratio of 41.22. Meaning, the purchaser of the share is investing kr41.22 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 7.41%.

More news about SCATEC.

4. BW LPG (BWLPG.OL)

31.1% sales growth and 20.16% return on equity

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services. It owns and operates LPG vessels and a fleet of very large gas carriers. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.

Earnings Per Share

As for profitability, BW LPG has a trailing twelve months EPS of kr39.13.

PE Ratio

BW LPG has a trailing twelve months price to earnings ratio of 3.83. Meaning, the purchaser of the share is investing kr3.83 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 20.16%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 114% and 6%, respectively.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 26, 2023, the estimated forward annual dividend rate is 39.9 and the estimated forward annual dividend yield is 33.62%.

More news about BW LPG.

5. ZALARIS (ZAL.OL)

11.7% sales growth and 17.45% return on equity

Zalaris ASA provides full-service outsourced personnel and payroll services. It operates in two segments, Managed Services and Professional Services. The company offers a range of payroll and human resource (HR) outsourcing services, including payroll processing, time and attendance, and travel expenses, as well as cloud-based HR functionality services comprising talent management, digital personnel archive, HR analytics, mobile solutions, etc. It also engages in the implementation of SAP HCM, and Payroll and SuccessFactors; and provides consulting services. The company serves bank, insurance and financial services, health and life science, infrastructure and transportation, IT, technology and telecom, offshore and energy, products and industrials, retail, and service industries, as well as public services and other institutions. It operates in Norway, Sweden, Denmark, Germany, Finland, the United Kingdom, Latvia, Poland, Australia, and internationally. The company was formerly known as Zalaris HR Services AS and changed its name to Zalaris ASA in May 2014. Zalaris ASA was incorporated in 2000 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ZALARIS has a trailing twelve months EPS of kr2.41.

PE Ratio

ZALARIS has a trailing twelve months price to earnings ratio of 28.88. Meaning, the purchaser of the share is investing kr28.88 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 17.45%.

Sales Growth

ZALARIS’s sales growth is 7.7% for the current quarter and 11.7% for the next.

Yearly Top and Bottom Value

ZALARIS’s stock is valued at kr69.60 at 07:20 EST, way under its 52-week high of kr80.00 and way higher than its 52-week low of kr36.00.

Volume

Today’s last reported volume for ZALARIS is 96 which is 98% below its average volume of 4822.

More news about ZALARIS.

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. operates as a subsidiary of Efanor Investimentos SGPS, SA.

Earnings Per Share

As for profitability, SONAE has a trailing twelve months EPS of €0.19.

PE Ratio

SONAE has a trailing twelve months price to earnings ratio of 5.03. Meaning, the purchaser of the share is investing €5.03 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 9.35%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SONAE’s EBITDA is 25.98.

More news about SONAE.

7. BOUVET (BOUV.OL)

9.7% sales growth and 60.9% return on equity

Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. The company was incorporated in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, BOUVET has a trailing twelve months EPS of kr3.48.

PE Ratio

BOUVET has a trailing twelve months price to earnings ratio of 19.94. Meaning, the purchaser of the share is investing kr19.94 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 60.9%.

Volume

Today’s last reported volume for BOUVET is 56904 which is 8.82% above its average volume of 52291.

Earnings Before Interest, Taxes, Depreciation, and Amortization

BOUVET’s EBITDA is 40.45.

Moving Average

BOUVET’s worth is above its 50-day moving average of kr63.78 and way higher than its 200-day moving average of kr62.05.

Yearly Top and Bottom Value

BOUVET’s stock is valued at kr69.40 at 07:20 EST, under its 52-week high of kr70.00 and way higher than its 52-week low of kr52.00.

More news about BOUVET.

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