NEOEN And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – NEOEN (NEOEN.PA), SPAREBANKEN VEST (SVEG.OL), GRAM CAR CARRIERS (GCC.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%.

Volume

Today’s last reported volume for NEOEN is 300989 which is 88.61% above its average volume of 159578.

Dividend Yield

As claimed by 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 0.59%.

Yearly Top and Bottom Value

NEOEN’s stock is valued at €26.24 at 07:20 EST, way below its 52-week high of €31.06 and way above its 52-week low of €21.80.

Sales Growth

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

More news about NEOEN.

2. SPAREBANKEN VEST (SVEG.OL)

19.7% sales growth and 15.65% return on equity

Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. The company was founded in 1823 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr11.5.

PE Ratio

SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 10.64. Meaning, the purchaser of the share is investing kr10.64 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 15.65%.

Volume

Today’s last reported volume for SPAREBANKEN VEST is 68966 which is 16% above its average volume of 59451.

Yearly Top and Bottom Value

SPAREBANKEN VEST’s stock is valued at kr122.40 at 07:20 EST, below its 52-week high of kr123.40 and way above its 52-week low of kr85.00.

More news about SPAREBANKEN VEST.

3. GRAM CAR CARRIERS (GCC.OL)

16.3% sales growth and 35.2% return on equity

Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide. The company invests in and operates assets in the pure car and truck carrier shipping segment. It also offers commercial management services for the 19 owned carriers and 1 vessel managed by third party. The company was founded in 2006 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, GRAM CAR CARRIERS has a trailing twelve months EPS of kr23.64.

PE Ratio

GRAM CAR CARRIERS has a trailing twelve months price to earnings ratio of 8.54. Meaning, the purchaser of the share is investing kr8.54 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 35.2%.

More news about GRAM CAR CARRIERS.

4. SMARTCRAFT (SMCRT.OL)

14% sales growth and 14.2% return on equity

SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.

Earnings Per Share

As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.56.

PE Ratio

SMARTCRAFT has a trailing twelve months price to earnings ratio of 46.61. Meaning, the purchaser of the share is investing kr46.61 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 14.2%.

Yearly Top and Bottom Value

SMARTCRAFT’s stock is valued at kr26.10 at 07:20 EST, under its 52-week high of kr29.00 and way above its 52-week low of kr16.90.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.4%, now sitting on 401.65M for the twelve trailing months.

Moving Average

SMARTCRAFT’s value is above its 50-day moving average of kr25.39 and way higher than its 200-day moving average of kr22.25.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SMARTCRAFT’s EBITDA is 74.07.

More news about SMARTCRAFT.

5. BAKKAFROST (BAKKA.OL)

11.7% sales growth and 13.83% return on equity

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through seven segments: Fishmeal, Fish Oil and Fish Feed; Freshwater FO; Freshwater SCT; Farming FO; Farming SCT; Services; and Sales & Other. The company's products include fresh and frozen whole salmon, fresh and frozen salmon fillets, fresh skin-packed salmon portions, frozen salmon portions and tails, frozen smoked salmon and salmon fillets, frozen salmon bits and pieces, frozen salmon off-cuts and belly flaps, frozen salmon heads, salmon backbones, and salmon skin under the Bakkafrost, 18 ISLANDS, HEIMLAND, BAKKA SALMON, NATIVE HEBRIDEAN, and LOCHLANDER brands. It is also involved in the production and sale of fishmeal, fish oil, and fish feed; production of eggs from breeding self-owned salmon strains; production of smolts; and on-growing of salmon. In addition, the company manages a fleet of farming service vessels; provides fish transportation, treatments, net cleaning, harvesting, freight ans logistical, and heavy marine support services; converts organic waste into biogas, heating, electricity, and fertilizers; produces styrofoam boxes; and optimizes the value creation and retention from the harvested fish. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

Earnings Per Share

As for profitability, BAKKAFROST has a trailing twelve months EPS of kr25.23.

PE Ratio

BAKKAFROST has a trailing twelve months price to earnings ratio of 27.07. Meaning, the purchaser of the share is investing kr27.07 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 13.83%.

Moving Average

BAKKAFROST’s worth is higher than its 50-day moving average of kr623.15 and higher than its 200-day moving average of kr629.09.

Sales Growth

BAKKAFROST’s sales growth is 7.1% for the present quarter and 11.7% for the next.

More news about BAKKAFROST.

6. SPIE (SPIE.PA)

7.3% sales growth and 12.36% return on equity

SPIE SA provides multi-technical services in the areas of energy and communications in France, Germany, the Netherlands, and internationally. The company operates through four segments: France; Germany and Central Europe; North-Western Europe; and Oil & Gas and Nuclear. It provides building modelling and design services; IT maintenance and managed services; information and communications technology engineering and consulting services; technical facility management, energy-efficiency, and technical services for the transmission and distribution of energy for industrial clients, as well as in the areas of electrical and security, HVAC, and information and communications technology; and electrical, mechanical, and HVAC engineering services. The company also offers building information modelling, building management systems, augmented reality, IoT and data management, and smart maintenance services; oil and gas services; construction, renovation, and maintenance services for bridges, locks, and pumping stations; maintenance and innovative solutions for traffic infrastructure; and fixed and mobile digital telecom networks, as well as technical building management, communications and networks, and tech FM services; engineering, construction, maintenance, and optimization services for industrial processes; energy recovery and sustainable management services to technical facilities; and energy transmission networks, medium-voltage facilities, distribution networks, busbar systems, and wind and solar power farms. In addition, it engages in the analysis of site conditions; planning, installation, and commissioning of technology; mechanical and industrial robotic solutions; and provision of electric solutions comprising lighting, street lighting, safety and security, prefabrication, and signage solutions. SPIE SA was founded in 1900 and is headquartered in Cergy-Pontoise, France.

Earnings Per Share

As for profitability, SPIE has a trailing twelve months EPS of €1.44.

PE Ratio

SPIE has a trailing twelve months price to earnings ratio of 24.18. Meaning, the purchaser of the share is investing €24.18 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 12.36%.

Moving Average

SPIE’s worth is way above its 50-day moving average of €31.42 and way above its 200-day moving average of €28.47.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Sep 20, 2023, the estimated forward annual dividend rate is 0.77 and the estimated forward annual dividend yield is 2.22%.

Volume

Today’s last reported volume for SPIE is 186455 which is 11.89% below its average volume of 211627.

More news about SPIE.

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