(VIANEWS) – REC SILICON (RECSI.OL), VÅR ENERGI (VAR.OL), SPBK1 RINGERIKE (RING.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)
161.7% 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 Signature Silane gas, a pure form of silicon that produces product for fuel industries comprising specialty gases, including Dichlorosilane, Monochlorosilane, and Disilane for use in the manufacturing processes of flat panel displays, semiconductors, and solar cells; solar grade polysilicon, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules; and electronic grade polysilicon consisting of float zone-based devices 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, as well as Czochralski for manufacturing of semiconductor wafers used in memory processors, optics, and micro electromechanical systems. 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 kr0.75.
PE Ratio
REC SILICON has a trailing twelve months price to earnings ratio of 15.15. Meaning, the purchaser of the share is investing kr15.15 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 44.59%.
More news about REC SILICON.
2. VÅR ENERGI (VAR.OL)
32.1% sales growth and 37.56% return on equity
Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi AS operates as a subsidiary of Eni International B.V.
Earnings Per Share
As for profitability, VÅR ENERGI has a trailing twelve months EPS of kr2.57.
PE Ratio
VÅR ENERGI has a trailing twelve months price to earnings ratio of 15.18. Meaning, the purchaser of the share is investing kr15.18 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 37.56%.
Volume
Today’s last reported volume for VÅR ENERGI is 3188080 which is 62.27% below its average volume of 8450330.
Earnings Before Interest, Taxes, Depreciation, and Amortization
VÅR ENERGI’s EBITDA is 16.9.
More news about VÅR ENERGI.
3. SPBK1 RINGERIKE (RING.OL)
16.1% sales growth and 10.18% return on equity
SpareBank 1 Ringerike Hadeland, a regional savings bank, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides business, vehicle, and construction loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; insurance products, including business, personal, and agricultural insurance products; pension products; and savings and investment products. In addition, the company offers debit and credit cards, as well as mobile and online banking services. Further, it provides real estate brokerage services; and accounting, payroll, and counselling services. The company offers its services through its digital platforms and customer centers. SpareBank 1 Ringerike Hadeland was founded in 1833 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr28.67.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 10.36. Meaning, the purchaser of the share is investing kr10.36 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 10.18%.
More news about SPBK1 RINGERIKE.
4. 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. Bouvet ASA was founded in 1995 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, BOUVET has a trailing twelve months EPS of kr3.15.
PE Ratio
BOUVET has a trailing twelve months price to earnings ratio of 19.4. Meaning, the purchaser of the share is investing kr19.4 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%.
Sales Growth
BOUVET’s sales growth is 12.3% for the current quarter and 9.7% for the next.
More news about BOUVET.
