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

(VIANEWS) – NEOEN (NEOEN.PA), ORKLA (ORK.OL), MELHUS SPAREBANK (MELG.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 €1.13.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 25.13. Meaning, the purchaser of the share is investing €25.13 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%.

Volume

Today’s last reported volume for NEOEN is 63597 which is 61.13% below its average volume of 163627.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.6%, now sitting on 556.1M for the twelve trailing months.

More news about NEOEN.

2. ORKLA (ORK.OL)

17.8% sales growth and 12.71% return on equity

Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ORKLA has a trailing twelve months EPS of kr5.37.

PE Ratio

ORKLA has a trailing twelve months price to earnings ratio of 15.03. Meaning, the purchaser of the share is investing kr15.03 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 12.71%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.74%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ORKLA’s EBITDA is 1.5.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.8%, now sitting on 66.13B for the twelve trailing months.

Volume

Today’s last reported volume for ORKLA is 153589 which is 84.34% below its average volume of 981069.

More news about ORKLA.

3. MELHUS SPAREBANK (MELG.OL)

15.6% sales growth and 10.56% return on equity

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Earnings Per Share

As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr17.12.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.35. Meaning, the purchaser of the share is investing kr9.35 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 10.56%.

Sales Growth

MELHUS SPAREBANK’s sales growth is 16.3% for the current quarter and 15.6% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 52.6%, now sitting on 293.36M for the twelve trailing months.

More news about MELHUS SPAREBANK.

4. SCHLUMBERGER (SLB.PA)

13% sales growth and 22.62% return on equity

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Earnings Per Share

As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €2.68.

PE Ratio

SCHLUMBERGER has a trailing twelve months price to earnings ratio of 16.94. Meaning, the purchaser of the share is investing €16.94 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 22.62%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SCHLUMBERGER’s EBITDA is 2.42.

Moving Average

SCHLUMBERGER’s value is way below its 50-day moving average of €52.49 and below its 200-day moving average of €49.14.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 5, 2023, the estimated forward annual dividend rate is 0.94 and the estimated forward annual dividend yield is 1.94%.

More news about SCHLUMBERGER.

5. ODFJELL TECHNOLOGY (OTL.OL)

12.4% sales growth and 34.07% return on equity

Odfjell Technology Ltd., a technology and engineering company, provides well, drilling, and engineering services in Norway, Europe, Asia, the United Kingdom, and internationally. The company operates through three segments: Well Services; Operations; and Projects & Engineering. The Well Services segment provides casing and tubular running services, including automated and conventional; drilling tool and tubular rental services; and specialist well intervention products and services for exploration wells and for production. The Operations segment engages in the production of drilling and well completion on client's rigs. This segment is also involved in the slot recovery, plug and abandonment, work-overs, and maintenance activities; and provision of platform drilling services on both fixed production platforms and on floating production platforms with subsea blowout preventers along with the management and performance of the services on leased Jack-up rigs. The Projects & Engineering segment offers engineering and integrity services, including design and engineering to building supervision; and project management and operational support for units in operation, newbuild projects, and SPS/RS recertification projects and yard stays. The company was founded in 1973 and is headquartered in Aberdeen, the United Kingdom.

Earnings Per Share

As for profitability, ODFJELL TECHNOLOGY has a trailing twelve months EPS of kr7.92.

PE Ratio

ODFJELL TECHNOLOGY has a trailing twelve months price to earnings ratio of 6.17. Meaning, the purchaser of the share is investing kr6.17 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 34.07%.

Yearly Top and Bottom Value

ODFJELL TECHNOLOGY’s stock is valued at kr48.90 at 01:20 EST, way under its 52-week high of kr59.41 and way higher than its 52-week low of kr27.01.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ODFJELL TECHNOLOGY’s EBITDA is 0.63.

More news about ODFJELL TECHNOLOGY.

6. VISTIN PHARMA (VISTN.OL)

6.6% sales growth and 16.03% return on equity

Vistin Pharma ASA, through its subsidiary, Vistin Pharma AS, produces and sells active pharmaceutical ingredients (APIs) worldwide. It offers metformin HCl APIs and direct compressive granulates for the pharmaceutical industry. The company was founded in 1969 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, VISTIN PHARMA has a trailing twelve months EPS of kr1.

PE Ratio

VISTIN PHARMA has a trailing twelve months price to earnings ratio of 21.6. Meaning, the purchaser of the share is investing kr21.6 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 16.03%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 30.8%, now sitting on 438.54M for the twelve trailing months.

Sales Growth

VISTIN PHARMA’s sales growth is 10.6% for the present quarter and 6.6% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

VISTIN PHARMA’s EBITDA is 2.33.

Volume

Today’s last reported volume for VISTIN PHARMA is 1137 which is 94.8% below its average volume of 21888.

More news about VISTIN PHARMA.

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