REC SILICON And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REC SILICON (RECSI.OL), SHELL PLC (SHELL.AS), PARETO BANK (PARB.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. REC SILICON (RECSI.OL)

155.5% sales growth and 44.59% return on equity

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various solar grade polysilicon for solar applications, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules. The company provides electronic grade polysilicon comprising Float Zone based devices that are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, Internet of Things, and big data; and Czochralski, an electronic grade polysilicon that principally used in manufacturing of semiconductor wafers. In addition, it offers silicon gases consisting of silane, dichlorosilane, monochlorosilane, and disilane. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.

Earnings Per Share

As for profitability, REC SILICON has a trailing twelve months EPS of kr-2.51.

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 44.59%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REC SILICON’s EBITDA is -453.21.

Sales Growth

REC SILICON’s sales growth is 131.8% for the current quarter and 155.5% for the next.

Volume

Today’s last reported volume for REC SILICON is 502753 which is 79.08% below its average volume of 2403490.

Yearly Top and Bottom Value

REC SILICON’s stock is valued at kr9.69 at 21:20 EST, way under its 52-week high of kr18.48 and way above its 52-week low of kr8.50.

More news about REC SILICON.

2. SHELL PLC (SHELL.AS)

16.8% sales growth and 10.31% return on equity

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles. In addition, it trades in and refines crude oil and other feed stocks, such as low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, SHELL PLC has a trailing twelve months EPS of €2.62.

PE Ratio

SHELL PLC has a trailing twelve months price to earnings ratio of 11.56. Meaning, the purchaser of the share is investing €11.56 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 10.31%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 22.3%, now sitting on 316.62B for the twelve trailing months.

Volume

Today’s last reported volume for SHELL PLC is 2080070 which is 71.02% below its average volume of 7179990.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SHELL PLC’s EBITDA is 13.08.

More news about SHELL PLC.

3. PARETO BANK (PARB.OL)

15.7% sales growth and 13.13% return on equity

Pareto Bank ASA provides various banking products and services in Norway. The company accepts corporate deposits. It also offers corporate financing; receivables financing; residential and commercial financing for land and property; ship financing, including corporate and project financing; and other private or housing loans. Pareto Bank ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PARETO BANK has a trailing twelve months EPS of kr7.38.

PE Ratio

PARETO BANK has a trailing twelve months price to earnings ratio of 7.75. Meaning, the purchaser of the share is investing kr7.75 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 13.13%.

More news about PARETO BANK.

4. SPIE (SPIE.PA)

7.3% sales growth and 8.32% return on equity

SPIE SA provides multi-technical services in the areas of energy and communications. The company operates through four segments: France; Germany and Central Europe; North-Western Europe; and Oil & Gas and Nuclear. It provides technical engineering solutions for buildings; technical facility management, energy-efficiency, and technical services for the transmission and distribution of energy for industrial clients; and electrical, mechanical, and HVAC engineering services. The company also offers oil and gas services, including exploring and investigating new fields, buildings and operating facilities, and optimizing production; 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, 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 installation and maintenance of electrical systems, heating and air conditioning, building ventilation, utilities and automation for industries; and management of IT and data processing infrastructures. The company 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 8.32%.

Dividend Yield

As maintained 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 2.47%.

Moving Average

SPIE’s worth is way higher than its 50-day moving average of €29.26 and way above its 200-day moving average of €27.99.

More news about SPIE.

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