(VIANEWS) – NEOEN (NEOEN.PA), ENVIPCO (ENVI.AS), 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 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%.
Yearly Top and Bottom Value
NEOEN’s stock is valued at €26.24 at 22:20 EST, way under its 52-week high of €37.98 and way higher than its 52-week low of €21.80.
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 €30.51 and below its 200-day moving average of €27.39.
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2. ENVIPCO (ENVI.AS)
39.8% 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 current quarter and the next is 231.4% and 102.9%, respectively.
Moving Average
ENVIPCO’s value is way above its 50-day moving average of €5.60 and way higher than its 200-day moving average of €3.72.
Sales Growth
ENVIPCO’s sales growth is 96% for the present quarter and 39.8% for the next.
More news about ENVIPCO.
3. MELHUS SPAREBANK (MELG.OL)
19.6% sales growth and 9.74% 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; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; 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 kr15.77.
PE Ratio
MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.7. Meaning, the purchaser of the share is investing kr9.7 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 9.74%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.3%, now sitting on 319.63M for the twelve trailing months.
Moving Average
MELHUS SPAREBANK’s worth is below its 50-day moving average of kr164.80 and below its 200-day moving average of kr160.32.
Volume
Today’s last reported volume for MELHUS SPAREBANK is 45 which is 94.15% below its average volume of 770.
More news about MELHUS SPAREBANK.
4. VOLUE (VOLUE.OL)
18.4% sales growth and 3.92% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates through three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. The company was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.24.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 128.96. Meaning, the purchaser of the share is investing kr128.96 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 3.92%.
Moving Average
VOLUE’s worth is higher than its 50-day moving average of kr29.59 and way above its 200-day moving average of kr23.84.
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5. SPBK1 NORD-NORGE (NONG.OL)
16.3% sales growth and 16.21% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr11.43.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.49. Meaning, the purchaser of the share is investing kr8.49 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 16.21%.
Yearly Top and Bottom Value
SPBK1 NORD-NORGE’s stock is valued at kr97.05 at 22:20 EST, below its 52-week high of kr106.20 and higher than its 52-week low of kr90.60.
Revenue Growth
Year-on-year quarterly revenue growth grew by 6%, now sitting on 5.26B for the twelve trailing months.
Volume
Today’s last reported volume for SPBK1 NORD-NORGE is 34632 which is 68.47% below its average volume of 109865.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 19.6% for the present quarter and 16.3% for the next.
More news about SPBK1 NORD-NORGE.
6. SPAREBANK 1 SMN (MING.OL)
14.3% sales growth and 15.64% return on equity
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr17.46.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.5. Meaning, the purchaser of the share is investing kr8.5 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 15.64%.
More news about SPAREBANK 1 SMN.
7. BOUVET (BOUV.OL)
9.7% sales growth and 60.9% return on equity
Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. The company was incorporated in 1995 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, BOUVET has a trailing twelve months EPS of kr3.14.
PE Ratio
BOUVET has a trailing twelve months price to earnings ratio of 20.48. Meaning, the purchaser of the share is investing kr20.48 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 60.9%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
BOUVET’s EBITDA is 40.45.
Yearly Top and Bottom Value
BOUVET’s stock is valued at kr64.30 at 22:20 EST, under its 52-week high of kr70.00 and way above its 52-week low of kr52.00.
Sales Growth
BOUVET’s sales growth is 12.3% for the ongoing quarter and 9.7% for the next.
Volume
Today’s last reported volume for BOUVET is 58382 which is 34.91% above its average volume of 43272.
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