NEOEN And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NEOEN (NEOEN.PA), MONTEA (MONT.BR), KITRON (KIT.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 7.39% 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. Neoen S.A. operates as a subsidiary of Impala SAS.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €1.14.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 24.32. Meaning, the purchaser of the share is investing €24.32 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 7.39%.

Moving Average

NEOEN’s value is under its 50-day moving average of €28.04 and under its 200-day moving average of €30.20.

Volume

Today’s last reported volume for NEOEN is 10678 which is 90.72% below its average volume of 115186.

Sales Growth

NEOEN’s sales growth is 63.4% for the ongoing quarter and 48.5% for the next.

Yearly Top and Bottom Value

NEOEN’s stock is valued at €27.72 at 17:20 EST, way below its 52-week high of €40.50 and above its 52-week low of €25.72.

More news about NEOEN.

2. MONTEA (MONT.BR)

25.8% sales growth and 6.28% return on equity

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specialises in logistical property in Belgium, the Netherlands, France, and Germany. The company is a benchmark player in this market. Montea literally offers its customers the space they need to grow through versatile and innovative property solutions. In this way, Montea creates value for its shareholders. As of 30/06/2023 the property portfolio represented a total surface of 1,921,172 m² spread across 94 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 €4.22.

PE Ratio

MONTEA has a trailing twelve months price to earnings ratio of 15.92. Meaning, the purchaser of the share is investing €15.92 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 6.28%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 17.1%, now sitting on 121.5M for the twelve trailing months.

More news about MONTEA.

3. KITRON (KIT.OL)

15.9% sales growth and 29.51% 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 kr2.59.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 13.49. Meaning, the purchaser of the share is investing kr13.49 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 29.51%.

Volume

Today’s last reported volume for KITRON is 794199 which is 96.61% above its average volume of 403938.

Earnings Before Interest, Taxes, Depreciation, and Amortization

KITRON’s EBITDA is 435.84.

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 1.41%.

More news about KITRON.

4. MOWI (MOWI.OL)

8.2% sales growth and 10.75% return on equity

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, MOWI has a trailing twelve months EPS of kr8.25.

PE Ratio

MOWI has a trailing twelve months price to earnings ratio of 23.11. Meaning, the purchaser of the share is investing kr23.11 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 10.75%.

Sales Growth

MOWI’s sales growth is 16% for the ongoing quarter and 8.2% for the next.

Yearly Top and Bottom Value

MOWI’s stock is valued at kr190.65 at 17:20 EST, below its 52-week high of kr205.80 and way higher than its 52-week low of kr134.55.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.5%, now sitting on 5.34B for the twelve trailing months.

More news about MOWI.

5. SPAREBANKEN MØRE (MORG.OL)

6% sales growth and 11.3% return on equity

Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr16.2.

PE Ratio

SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.82. Meaning, the purchaser of the share is investing kr4.82 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 11.3%.

Sales Growth

SPAREBANKEN MØRE’s sales growth is 30% for the current quarter and 6% for the next.

Volume

Today’s last reported volume for SPAREBANKEN MØRE is 1905 which is 82.64% below its average volume of 10974.

Revenue Growth

Year-on-year quarterly revenue growth grew by 33.2%, now sitting on 1.98B for the twelve trailing months.

More news about SPAREBANKEN MØRE.

Leave a Reply

Your email address will not be published. Required fields are marked *