(VIANEWS) – MAGNORA (MGN.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities – Renewable industry.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| MAGNORA (MGN.OL) | kr24.00 | 34.82% | 3.91% |
| SCATEC (SCATC.OL) | kr83.50 | 2.78% | 7.41% |
| EDP RENOVAVEIS (EDPR.LS) | €15.95 | 1.25% | 4.65% |
| NEOEN (NEOEN.PA) | €26.24 | 0.39% | 3.27% |
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. MAGNORA (MGN.OL)
34.82% Forward Dividend Yield and 3.91% Return On Equity
Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. 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 kr0.48.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 50. Meaning, the purchaser of the share is investing kr50 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 3.91%.
Moving Average
MAGNORA’s value is way below its 50-day moving average of kr27.39 and way under its 200-day moving average of kr29.63.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, MAGNORA’s stock is considered to be oversold (<=20).
Revenue Growth
Year-on-year quarterly revenue growth declined by 73.2%, now sitting on -139.7M for the twelve trailing months.
Sales Growth
MAGNORA’s sales growth is 4902.6% for the ongoing quarter and 145.6% for the next.
More news about MAGNORA.
2. SCATEC (SCATC.OL)
2.78% Forward Dividend Yield 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 41.54. Meaning, the purchaser of the share is investing kr41.54 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.
3. EDP RENOVAVEIS (EDPR.LS)
1.25% Forward Dividend Yield and 4.65% Return On Equity
EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. is a subsidiary of EDP – Energias de Portugal, S.A.
Earnings Per Share
As for profitability, EDP RENOVAVEIS has a trailing twelve months EPS of €0.43.
PE Ratio
EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 37.09. Meaning, the purchaser of the share is investing €37.09 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 4.65%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 300% and a drop 54.1% for the next.
More news about EDP RENOVAVEIS.
4. NEOEN (NEOEN.PA)
0.39% Forward Dividend Yield and 3.27% Return On Equity
Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, NEOEN has a trailing twelve months EPS of €0.94.
PE Ratio
NEOEN has a trailing twelve months price to earnings ratio of 27.91. Meaning, the purchaser of the share is investing €27.91 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 3.27%.
More news about NEOEN.
