(VIANEWS) – ELMERA GROUP (ELMRA.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities sector.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| ELMERA GROUP (ELMRA.OL) | kr29.58 | 6.79% | 5.02% |
| MAGNORA (MGN.OL) | kr27.75 | 1.3% | 52.28% |
Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.
1. ELMERA GROUP (ELMRA.OL)
6.79% Forward Dividend Yield and 5.02% Return On Equity
Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. It operates through Consumer, Business, and Nordic segments. The Consumer segment sells electrical power and related services to private consumers. The Business segment sells electrical power and related services to business consumers. The Nordic segment sells electrical power and related services to consumers in Finland and Sweden. The company also manages, researches, and develops products and services related to electrical power; and offers payment solutions. In addition, it provides mobile phone services to private customers. The company was formerly known as Fjordkraft Holding ASA and changed its name to Elmera Group ASA in April 2022. Elmera Group ASA was founded in 2001 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, ELMERA GROUP has a trailing twelve months EPS of kr0.56.
PE Ratio
ELMERA GROUP has a trailing twelve months price to earnings ratio of 52.82. Meaning, the purchaser of the share is investing kr52.82 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 5.02%.
Moving Average
ELMERA GROUP’s value is way higher than its 50-day moving average of kr21.32 and way above its 200-day moving average of kr18.87.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 27, 2023, the estimated forward annual dividend rate is 1.5 and the estimated forward annual dividend yield is 6.79%.
Yearly Top and Bottom Value
ELMERA GROUP’s stock is valued at kr29.58 at 16:30 EST, way higher than its 52-week high of kr24.44.
More news about ELMERA GROUP.
2. MAGNORA (MGN.OL)
1.3% Forward Dividend Yield and 52.28% Return On Equity
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr3.95.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 7.03. Meaning, the purchaser of the share is investing kr7.03 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 52.28%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 271.1%, now sitting on 340.7M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MAGNORA’s EBITDA is -76.25.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 85.7% and a drop 11.5% for the next.
Moving Average
MAGNORA’s value is under its 50-day moving average of kr30.39 and way below its 200-day moving average of kr31.22.
More news about MAGNORA.
