(VIANEWS) – NEOEN (NEOEN.PA), ENVIPCO (ENVI.AS), NORBIT (NORBT.OL) 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. NEOEN (NEOEN.PA)
48.5% sales growth and 6.44% 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 6.44%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 0.4%.
Moving Average
NEOEN’s value is way under its 50-day moving average of €32.27 and under its 200-day moving average of €27.85.
Yearly Top and Bottom Value
NEOEN’s stock is valued at €26.24 at 17:20 EST, way under its 52-week high of €37.98 and way above its 52-week low of €21.80.
More news about NEOEN.
2. ENVIPCO (ENVI.AS)
37.3% sales growth and 7.69% return on equity
Envipco Holding N.V., together with its subsidiaries, designs, develops, manufactures, and sells or leases reverse vending machines (RVM) for the collection and processing of used beverage containers primarily in the Netherlands, North America, and Europe. The company provides technical support, RVM maintenance, and accounting services to the retail stores, bottlers, and distributors for containers redeemed through its machines. It also offers deposit, handling fees, scrap reconciliations, commodity brokerage, clearing house functions, and accounting services. In addition, the company provides materials handling services primarily in the northeastern part of the United States. Envipco Holding N.V. was incorporated in 1998 and is headquartered in Amersfoort, the Netherlands.
Earnings Per Share
As for profitability, ENVIPCO has a trailing twelve months EPS of €-0.09.
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 7.69%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 228.6% and 100%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 163.6%, now sitting on 104.61M for the twelve trailing months.
Volume
Today’s last reported volume for ENVIPCO is 51098 which is 98.24% above its average volume of 25775.
Sales Growth
ENVIPCO’s sales growth is 92.6% for the ongoing quarter and 37.3% for the next.
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3. NORBIT (NORBT.OL)
35% sales growth and 21.94% return on equity
Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. Norbit ASA was founded in 1995 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr2.72.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 27.43. Meaning, the purchaser of the share is investing kr27.43 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 21.94%.
Moving Average
NORBIT’s value is above its 50-day moving average of kr68.79 and way higher than its 200-day moving average of kr61.12.
Yearly Top and Bottom Value
NORBIT’s stock is valued at kr74.60 at 17:20 EST, below its 52-week high of kr76.50 and way above its 52-week low of kr48.00.
Volume
Today’s last reported volume for NORBIT is 101885 which is 19.05% below its average volume of 125871.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 1.55B for the twelve trailing months.
More news about NORBIT.
4. SPBK1 RINGERIKE (RING.OL)
17.2% sales growth and 10.18% return on equity
SpareBank 1 Ringerike Hadeland, a regional savings bank, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides business, vehicle, and construction loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; insurance products, including business, personal, and agricultural insurance products; pension products; and savings and investment products. In addition, the company offers debit and credit cards, as well as mobile and online banking services. Further, it provides real estate brokerage services; and accounting, payroll, and counselling services. The company offers its services through its digital platforms and customer centers. SpareBank 1 Ringerike Hadeland was founded in 1833 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr30.23.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 9.46. Meaning, the purchaser of the share is investing kr9.46 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 10.18%.
Yearly Top and Bottom Value
SPBK1 RINGERIKE’s stock is valued at kr286.00 at 17:20 EST, way under its 52-week high of kr334.00 and above its 52-week low of kr278.00.
Sales Growth
SPBK1 RINGERIKE’s sales growth is 23.3% for the ongoing quarter and 17.2% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 41.2% and 72.4%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 6.69%.
More news about SPBK1 RINGERIKE.
5. SKUE SPAREBANK (SKUE.OL)
6% sales growth and 10.19% return on equity
Skue Sparebank provides various banking products and services for individual and business in Norway. The company offers operating, tax deduction, capital, client, deposit, and group accounts; business, construction, consumer, car, other vehicle, and small loans, as well as mortgage, bank guarantee, factoring, overdraft, and leasing services; and home and leisure, car and other vehicles, animal, company and employees, agriculture insurance products. It also provides savings and pension products; and online and mobile banking, bank card, and payment services. The company was formerly known as Nes Prestegjelds Sparebank and changed its name to Skue Sparebank in October 2013. Skue Sparebank was founded in 1842 and is based in Geilo, Norway.
Earnings Per Share
As for profitability, SKUE SPAREBANK has a trailing twelve months EPS of kr100.27.
PE Ratio
SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.36. Meaning, the purchaser of the share is investing kr2.36 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 10.19%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 17 and the estimated forward annual dividend yield is 7.3%.
Sales Growth
SKUE SPAREBANK’s sales growth is 33.3% for the ongoing quarter and 6% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 11.3% and positive 0.3% for the next.
Moving Average
SKUE SPAREBANK’s worth is under its 50-day moving average of kr237.18 and above its 200-day moving average of kr232.27.
More news about SKUE SPAREBANK.
