FORESTIERE EQUAT. And 5 Other Stocks Have Very High Payout Ratio

(VIANEWS) – ELMERA GROUP (ELMRA.OL), SCATEC (SCATC.OL), AF GRUPPEN (AFG.OL) are the highest payout ratio stocks on this list.

Here’s the data we’ve collected of stocks with a high payout ratio up to now. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.

When investigating a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.

1. ELMERA GROUP (ELMRA.OL)

1363.64% Payout Ratio

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 52.25. Meaning, the purchaser of the share is investing kr52.25 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%.

Yearly Top and Bottom Value

ELMERA GROUP’s stock is valued at kr29.26 at 16:10 EST, way higher than its 52-week high of kr24.44.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 70.9% and positive 500% for the next.

Moving Average

ELMERA GROUP’s value is way above its 50-day moving average of kr21.32 and way above its 200-day moving average of kr18.87.

More news about ELMERA GROUP.

2. SCATEC (SCATC.OL)

923.81% Payout Ratio

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 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 kr-1.11.

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 negative -0.35%.

More news about SCATEC.

3. AF GRUPPEN (AFG.OL)

139.44% Payout Ratio

AF Gruppen ASA, a contracting and industrial company, provides civil engineering, environmental, construction, property, energy, and offshore services in Norway and Sweden. It offers civil engineering services including construction of various projects, such as roads, rail, airports, foundation work, building, fitting, and securing tunnels; and oil and gas installation services, and port facilities, as well as provides concrete technology, groundwork and earthmoving, geomatics and surveying, and project support services. The company also operates as a turnkey contractor that includes development and planning to buildings comprising residential, commercial, public buildings, and rehabilitation and rebuilding, as well as offers extension work services. In addition, it provides energy solutions, which includes energy performing contracting, technical turnkey contract, local power supply, and technical services and maintenance, as well as energy solutions for existing and new buildings. Further, the company engages in operation of construction and decommissioning projects including removal and recycling of offshore installations; and offers cooling and ventilation for onshore and offshore installations, rigs, and ships, as well as offshore wind services. It also operates as a contractor for demolition and environmental clean-up services for buildings and structures, such as blasting, dredging, handling of contaminated bulk material, and removal of shipwrecks. Additionally, the company provides office spaces on rental basis, and sale of homes. AF Gruppen ASA was founded in 1985 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AF GRUPPEN has a trailing twelve months EPS of kr5.55.

PE Ratio

AF GRUPPEN has a trailing twelve months price to earnings ratio of 22.13. Meaning, the purchaser of the share is investing kr22.13 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 27.7%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AF GRUPPEN’s EBITDA is 145.08.

Moving Average

AF GRUPPEN’s value is under its 50-day moving average of kr134.20 and way under its 200-day moving average of kr143.48.

Sales Growth

AF GRUPPEN’s sales growth is negative 0.2% for the current quarter and 1.6% for the next.

More news about AF GRUPPEN.

4. FORESTIERE EQUAT. (FORE.PA)

135.32% Payout Ratio

La Forestière Equatoriale SA does not have any significant operations. The company is based in Puteaux, France. La Forestière Equatoriale SA operates as a subsidiary of Compagnie du Cambodge.

Earnings Per Share

As for profitability, FORESTIERE EQUAT. has a trailing twelve months EPS of €3.72.

PE Ratio

FORESTIERE EQUAT. has a trailing twelve months price to earnings ratio of 184.14. Meaning, the purchaser of the share is investing €184.14 for every euro of annual earnings.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jun 20, 2023, the estimated forward annual dividend rate is 5 and the estimated forward annual dividend yield is 0.85%.

More news about FORESTIERE EQUAT..

5. SPAREBANK 1 SMN (MING.OL)

47.74% Payout Ratio

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr13.61.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 10.21. Meaning, the purchaser of the share is investing kr10.21 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 12.51%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 27.6%, now sitting on 6.86B for the twelve trailing months.

More news about SPAREBANK 1 SMN.

6. VALEO (FR.PA)

37.23% Payout Ratio

Valeo SE designs, produces, and sells components, systems, and services for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems. It offers parking and driving assistance products, such as ultrasonic sensors, radars, and cameras to detect obstacles around vehicles; intuitive control products; and a range of connectivity solutions from short-range to long-range connectivity, as well as develops systems that enable the integration of applications, such as car sharing services and remote parking systems. The company also provides powertrain systems, including electric powertrain systems for electric cars; torque converters, dual dry and wet clutches, and actuators that enable the automation of transmissions to reduce fuel consumption and enhance driving comfort; and clean engines for vehicles. In addition, it designs and manufactures systems, modules, and components to optimize thermal management of vehicles and passenger comfort in the cabin, including heating ventilation and air conditioning systems. Further, the company designs and produces lighting and wiper systems for drivers in various weather conditions. Additionally, it offers original equipment spares to auto manufacturers; and replacement parts and accessories to independent aftermarket for passenger cars and commercial vehicles. The company was incorporated in 1923 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, VALEO has a trailing twelve months EPS of €0.94.

PE Ratio

VALEO has a trailing twelve months price to earnings ratio of 14.88. Meaning, the purchaser of the share is investing €14.88 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 10.55%.

Yearly Top and Bottom Value

VALEO’s stock is valued at €13.98 at 16:10 EST, way below its 52-week high of €22.23 and way above its 52-week low of €11.53.

Volume

Today’s last reported volume for VALEO is 622641 which is 64.69% below its average volume of 1763520.

Moving Average

VALEO’s value is way below its 50-day moving average of €15.94 and way below its 200-day moving average of €18.56.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 29, 2023, the estimated forward annual dividend rate is 0.38 and the estimated forward annual dividend yield is 3.14%.

More news about VALEO.

1. 1 (1)

1% Payout Ratio

1

Earnings Per Share

As for profitability, 1 has a trailing twelve months EPS of €1.

PE Ratio

1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing €1 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 1%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).

Sales Growth

1’s sales growth is 1% for the current quarter and 1% for the next.

More news about 1.

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