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

(VIANEWS) – KITRON (KIT.OL), SCATEC (SCATC.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. 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 kr2.22.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 12.86. Meaning, the purchaser of the share is investing kr12.86 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.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 860% and 1100%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 26, 2024, the estimated forward annual dividend rate is 0.75 and the estimated forward annual dividend yield is 2.63%.

More news about KITRON.

2. 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 41.47. Meaning, the purchaser of the share is investing kr41.47 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 7.41%.

Yearly Top and Bottom Value

SCATEC’s stock is valued at kr83.35 at 07:20 EST, below its 52-week high of kr91.45 and way higher than its 52-week low of kr52.55.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1.94 and the estimated forward annual dividend yield is 2.78%.

More news about SCATEC.

3. ELIS (ELIS.PA)

77.2% sales growth and 7.22% 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 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 serves the catering, accommodation, healthcare and social welfare, industries, trade and retail, and services sectors, as well as public authorities and administration. The company 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 €1.06.

PE Ratio

ELIS has a trailing twelve months price to earnings ratio of 19.87. Meaning, the purchaser of the share is investing €19.87 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 7.22%.

Volume

Today’s last reported volume for ELIS is 399828 which is 39.83% above its average volume of 285924.

Yearly Top and Bottom Value

ELIS’s stock is valued at €21.06 at 07:20 EST, way under its 52-week high of €23.58 and way higher than its 52-week low of €14.96.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.9%, now sitting on 4.45B for the twelve trailing months.

Moving Average

ELIS’s value is higher than its 50-day moving average of €20.49 and above its 200-day moving average of €20.79.

More news about ELIS.

4. ALTRI SGPS (ALTR.LS)

39.3% sales growth and 18.52% return on equity

Altri, SGPS, S.A. produces and sells cellulosic fibers and energy in Portugal and internationally. The company produces pulp products for various application including production of paper, tissue, and printing and writing papers; and dissolving pulp for use of textile production. It is also involved timber commercialization; forest management; production of forest-based renewable energy, such as industrial cogeneration from black liquor and biomass; real estate activities; and production of plants in nurseries, as well as the provision of services related with forests and landscapes. The company was incorporated in 2005 and is headquartered in Porto, Portugal.

Earnings Per Share

As for profitability, ALTRI SGPS has a trailing twelve months EPS of €0.37.

PE Ratio

ALTRI SGPS has a trailing twelve months price to earnings ratio of 14.14. Meaning, the purchaser of the share is investing €14.14 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 18.52%.

Volume

Today’s last reported volume for ALTRI SGPS is 172675 which is 41.52% below its average volume of 295275.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.1%, now sitting on 788.53M for the twelve trailing months.

More news about ALTRI SGPS.

5. VOSS VEKSEL OGLAND (VVL.OL)

17.5% sales growth and 10.95% return on equity

Voss Veksel- og Landmandsbank ASA provides banking products and services to private individuals and companies in Norway. The company offers saving accounts; car and other vehicle, home, small, and construction loans; overdrafts facilities; leasing services; bank guarantees; bank and payment cards; insurance products; and online and mobile banking services. The company was founded in 1843 and is based in Voss, Norway.

Earnings Per Share

As for profitability, VOSS VEKSEL OGLAND has a trailing twelve months EPS of kr38.44.

PE Ratio

VOSS VEKSEL OGLAND has a trailing twelve months price to earnings ratio of 7.86. Meaning, the purchaser of the share is investing kr7.86 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 10.95%.

More news about VOSS VEKSEL OGLAND.

6. MONTEA (MONT.BR)

13.3% sales growth and 11.22% return on equity

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany. The company is a benchmark player in this market. Montea literally offers its customers the space to grow through versatile and innovative property solutions. In this way, Montea creates value for its shareholders. As of 31/12/2023 the property portfolio represented a total surface of 1,959,242 m², spread across 95 locations. Montea NV has been listed on Euronext Brussels (MONT) and Euronext Paris (MONTP) since the end of 2006.

Earnings Per Share

As for profitability, MONTEA has a trailing twelve months EPS of €8.22.

PE Ratio

MONTEA has a trailing twelve months price to earnings ratio of 9.17. Meaning, the purchaser of the share is investing €9.17 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 11.22%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Oct 1, 2024, the estimated forward annual dividend rate is 3.7 and the estimated forward annual dividend yield is 4.88%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 134.71M for the twelve trailing months.

Volume

Today’s last reported volume for MONTEA is 5774 which is 63.72% below its average volume of 15917.

More news about MONTEA.

7. CREDIT AGRICOLE (ACA.PA)

6.1% sales growth and 7.17% return on equity

Crédit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking – Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments. The company offers banking products and services, finance, savings, wealth management, payment, and cash flow management services; consumer finance products; savings/retirement, death and disability/creditor/group, and property and casualty insurance products; investment solutions; and banking and specialized financial services. It also provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; financing solutions for property and equipment investment and renewal requirements; trade receivable financing and management solutions for corporates; asset servicing solutions for investment products, as well as various asset classes, such as execution, clearing, forex, security lending and borrowing, custody, depositary bank, fund administration, middle-office outsourcing solutions, and fund distribution support and issuer services; and online banking services. The company serves retail customers, corporates, banks and financial institutions, government agencies, and local authorities. Crédit Agricole S.A. was founded in 1894 and is headquartered in Montrouge, France. Crédit Agricole S.A. operates as a subsidiary of SAS Rue La Boetie.

Earnings Per Share

As for profitability, CREDIT AGRICOLE has a trailing twelve months EPS of €1.94.

PE Ratio

CREDIT AGRICOLE has a trailing twelve months price to earnings ratio of 7.12. Meaning, the purchaser of the share is investing €7.12 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 7.17%.

Sales Growth

CREDIT AGRICOLE’s sales growth is 3.3% for the current quarter and 6.1% for the next.

More news about CREDIT AGRICOLE.

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