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

(VIANEWS) – GREENVOLT (GVOLT.LS), GJENSIDIGE FORSIKR (GJF.OL), ELIS (ELIS.PA) 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. GREENVOLT (GVOLT.LS)

347.9% sales growth and 6.25% return on equity

Greenvolt – Energias Renováveis, S.A. operates in the renewable energy sector in Portugal, the United Kingdom, and internationally. The company operates through Residual Biomass; Development of Wind and Solar Utility-Scale; and Distributed Generation segments. It is involved in operation and development of biomass plants, as well as development of wind and solar photovoltaic plants in the European markets. The company was formerly known as Bioelétrica da Foz, S.A. and changed its name to Greenvolt – Energias Renováveis, S.A. Greenvolt – Energias Renováveis, S.A. was incorporated in 2002 and is headquartered in Porto, Portugal.

Earnings Per Share

As for profitability, GREENVOLT has a trailing twelve months EPS of €0.14.

PE Ratio

GREENVOLT has a trailing twelve months price to earnings ratio of 47.68. Meaning, the purchaser of the share is investing €47.68 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.25%.

Volume

Today’s last reported volume for GREENVOLT is 70992 which is 82.88% below its average volume of 414767.

Sales Growth

GREENVOLT’s sales growth is 269.3% for the ongoing quarter and 347.9% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.1%, now sitting on 259.5M for the twelve trailing months.

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2. GJENSIDIGE FORSIKR (GJF.OL)

83.1% sales growth and 21.65% return on equity

Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr9.41.

PE Ratio

GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 18.63. Meaning, the purchaser of the share is investing kr18.63 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.65%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 32%, now sitting on 35.36B for the twelve trailing months.

Sales Growth

GJENSIDIGE FORSIKR’s sales growth for the next quarter is 83.1%.

Volume

Today’s last reported volume for GJENSIDIGE FORSIKR is 16935 which is 95.31% below its average volume of 361403.

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3. ELIS (ELIS.PA)

77.2% sales growth and 6.57% return on equity

Elis SA provides flat linen, workwear, and hygiene and well-being solutions in France, Central Europe, Scandinavia, Eastern Europe, the United Kingdom, Ireland, Latin America, Southern Europe, and internationally. The company offers table, bed, kitchen, patient, and bath linens; workwear and personal protective equipment; beverage solutions, such as water coolers and accessories, cups and bottles, and coffee machines; floor protection mats and mops; industrial wipers; and pest and rodent control, insect control, or disinfection services. It also provides washroom hygiene services, such as hand washing and drying, toilet hygiene and urinals, lavatories, and air fragrancing; and reusable cleanroom garments, footwear, goggles, and related contamination control solutions, as well as cleaning systems. In addition, the company offers various solutions for collection and disposal of infectious waste, as well as laundry facilities. It primarily serves the catering, accommodation, healthcare and social welfare, industries, trade and retail, and services sectors, as well as public authorities and administration. Elis SA was founded in 1883 and is headquartered in Saint-Cloud, France.

Earnings Per Share

As for profitability, ELIS has a trailing twelve months EPS of €0.86.

PE Ratio

ELIS has a trailing twelve months price to earnings ratio of 20.12. Meaning, the purchaser of the share is investing €20.12 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.57%.

Yearly Top and Bottom Value

ELIS’s stock is valued at €17.30 at 17:20 EST, below its 52-week high of €18.28 and way above its 52-week low of €10.23.

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4. KITRON (KIT.OL)

24.3% sales growth and 24.07% return on equity

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' 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 also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.16.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 19.26. Meaning, the purchaser of the share is investing kr19.26 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.07%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 1.18%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 54.1% and 68.3%, respectively.

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5. ING GROEP N.V. (INGA.AS)

24.2% sales growth and 25.17% return on equity

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.34.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 9.16. Meaning, the purchaser of the share is investing €9.16 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 25.17%.

Sales Growth

ING GROEP N.V.’s sales growth is 21.9% for the ongoing quarter and 24.2% for the next.

Volume

Today’s last reported volume for ING GROEP N.V. is 1131440 which is 91.36% below its average volume of 13098900.

Revenue Growth

Year-on-year quarterly revenue growth grew by 51.8%, now sitting on 31.29B for the twelve trailing months.

More news about ING GROEP N.V..

6. SPAREBANK 1 SMN (MING.OL)

20% sales growth and 12.31% return on equity

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 kr11.74.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 11.75. Meaning, the purchaser of the share is investing kr11.75 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.31%.

Sales Growth

SPAREBANK 1 SMN’s sales growth is 22.7% for the ongoing quarter and 20% for the next.

Volume

Today’s last reported volume for SPAREBANK 1 SMN is 138694 which is 6.54% below its average volume of 148402.

Yearly Top and Bottom Value

SPAREBANK 1 SMN’s stock is valued at kr138.00 at 17:20 EST, below its 52-week high of kr139.00 and way higher than its 52-week low of kr107.60.

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7. KONGSBERG GRUPPEN (KOG.OL)

13.4% sales growth and 20.54% 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 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 kr17.71.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 27.78. Meaning, the purchaser of the share is investing kr27.78 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.54%.

Sales Growth

KONGSBERG GRUPPEN’s sales growth is 17.5% for the present quarter and 13.4% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 31.8B for the twelve trailing months.

Moving Average

KONGSBERG GRUPPEN’s worth is above its 50-day moving average of kr459.20 and way higher than its 200-day moving average of kr403.73.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 38.6% and 1%, respectively.

More news about KONGSBERG GRUPPEN.

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