(VIANEWS) – REC SILICON (RECSI.OL), AIRBUS (AIR.PA), JÆREN SPAREBANK (JAREN.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)
165% 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 kr0.77.
PE Ratio
REC SILICON has a trailing twelve months price to earnings ratio of 13.53. Meaning, the purchaser of the share is investing kr13.53 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. AIRBUS (AIR.PA)
30.3% sales growth and 35.7% return on equity
Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides helicopter-related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; missile and space launcher systems; and services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. Airbus SE was incorporated in 1998 and is headquartered in Leiden, the Netherlands.
Earnings Per Share
As for profitability, AIRBUS has a trailing twelve months EPS of €4.8.
PE Ratio
AIRBUS has a trailing twelve months price to earnings ratio of 32.01. Meaning, the purchaser of the share is investing €32.01 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 35.7%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 11.9%, now sitting on 63.2B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AIRBUS’s EBITDA is 54.62.
Moving Average
AIRBUS’s value is way above its 50-day moving average of €133.39 and way above its 200-day moving average of €129.25.
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3. JÆREN SPAREBANK (JAREN.OL)
22.6% sales growth and 9.92% return on equity
Jæren Sparebank provides various financial products and services to individuals and businesses in Norway. It offers savings accounts, house savings, trusts savings, and pension accounts. The company also provides vehicle loans, mortgages, personal loans, and refinancing services; and bank guarantees, construction loans, overdrafts, leasing, and business loans. In addition, it offers car, personal, animal, health, home, private, business, employee, and agricultural insurance products, as well as online and mobile banking, credit and debit cards, payment solutions, digital identification, and asset management services. The company is headquartered in Bryne, Norway.
Earnings Per Share
As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr24.09.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 11.26. Meaning, the purchaser of the share is investing kr11.26 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 9.92%.
Sales Growth
JÆREN SPAREBANK’s sales growth is 18.4% for the present quarter and 22.6% for the next.
Volume
Today’s last reported volume for JÆREN SPAREBANK is 20 which is 95.09% below its average volume of 408.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 5, 2024, the estimated forward annual dividend rate is 16 and the estimated forward annual dividend yield is 5.86%.
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4. REACH SUBSEA (REACH.OL)
20% sales growth and 29.96% return on equity
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering. It also provides asset integrity/pipeline inspection, and engineering and project management services; reach remote services comprising survey, inspection, and IMR and seabed intervention; seabed survey services consisting of site surveys and geohazard investigation, pipeline inspection, seabed mapping, UXO, general, and route surveys; offshore cable; marine construction; and rig and mooring services. In addition, the company offers geophysical monitoring services, which include 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that comprise earthquake monitoring and prediction, C02 storage, and geothermal energy exploitation. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. The company was incorporated in 1909 and is headquartered in Haugesund, Norway.
Earnings Per Share
As for profitability, REACH SUBSEA has a trailing twelve months EPS of kr0.88.
PE Ratio
REACH SUBSEA has a trailing twelve months price to earnings ratio of 6.89. Meaning, the purchaser of the share is investing kr6.89 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 29.96%.
Sales Growth
REACH SUBSEA’s sales growth is 119.7% for the current quarter and 20% for the next.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 3, 2024, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 6.04%.
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5. 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 kr7.74.
PE Ratio
PARETO BANK has a trailing twelve months price to earnings ratio of 7.44. Meaning, the purchaser of the share is investing kr7.44 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.
