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

(VIANEWS) – REC SILICON (RECSI.OL), INPOST (INPST.AS), SPBK 1 ØSTLANDET (SPOL.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)

33.6% sales growth and 70.93% 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 kr-0.31.

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 70.93%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 44.7%, now sitting on 154.1M for the twelve trailing months.

More news about REC SILICON.

2. INPOST (INPST.AS)

21.7% sales growth and 72.91% return on equity

InPost S.A., together with its subsidiaries, operates as an out-of-home e-commerce enablement platform providing parcel locker services in Europe. It operates through four segments: APM (Automated Parcel Machines), To-Door, Mondial Relay, and International Other. The APM segment focuses on the delivery of parcels to APM. The To-Door segment delivers parcels using door-to-door couriers. The Mondial Relay segment delivers parcels to APM; and operates pick-up drop-off (PUDO) points in France, Spain, Belgium, the Netherlands, Luxembourg, and Portugal. The International Other segment delivers parcels to APM and PUDO points in the United Kingdom and Italy. The company also provides fulfilment services; marketing and IT services; InPost Pay services; and platform for fast-moving consumer goods products through InPost Fresh app. InPost S.A. was founded in 1999 and is headquartered in Luxembourg, Luxembourg.

Earnings Per Share

As for profitability, INPOST has a trailing twelve months EPS of €0.37.

PE Ratio

INPOST has a trailing twelve months price to earnings ratio of 44.49. Meaning, the purchaser of the share is investing €44.49 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 72.91%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 133.3% and 54.5%, respectively.

Volume

Today’s last reported volume for INPOST is 41940 which is 92.82% below its average volume of 584915.

More news about INPOST.

3. SPBK 1 ØSTLANDET (SPOL.OL)

21% sales growth and 12.18% return on equity

SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet operates as a subsidiary of Sparebankstiftelsen Hedmark.

Earnings Per Share

As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr14.95.

PE Ratio

SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 9.91. Meaning, the purchaser of the share is investing kr9.91 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 12.18%.

Sales Growth

SPBK 1 ØSTLANDET’s sales growth is 9.4% for the current quarter and 21% for the next.

Moving Average

SPBK 1 ØSTLANDET’s worth is above its 50-day moving average of kr137.20 and way higher than its 200-day moving average of kr129.82.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 28.8% and 58%, respectively.

Volume

Today’s last reported volume for SPBK 1 ØSTLANDET is 16011 which is 33.37% below its average volume of 24032.

More news about SPBK 1 ØSTLANDET.

4. SCANA (SCANA.OL)

15.7% sales growth and 18.92% return on equity

Scana ASA engages in the offshore, energy, and maritime businesses in Norway, rest of European countries, America, Asia, Africa, and Oceania. The company offers valve remote control systems and mooring solutions to vessels, rigs, and floating structures serving the shipping, aquaculture, oil and gas, and energy industries. It also engages in the design and integration of electrical power systems, electrical infrastructure, and energy storage systems and control systems. In addition, the company is involved in the planning and execution of insulation, scaffolding, and surface treatment services; and rig, capping, equipment support, make and break, IMR lifecycle, welding, and asset integrity management services to drilling industry, as well as offers riser applications to the oil and gas industry. Scana ASA was formerly known as Incus Investor ASA and changed its name to Scana ASA in May 2020. The company was founded in 1646 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, SCANA has a trailing twelve months EPS of kr0.23.

PE Ratio

SCANA has a trailing twelve months price to earnings ratio of 10.96. Meaning, the purchaser of the share is investing kr10.96 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 18.92%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 35%, now sitting on 1.75B for the twelve trailing months.

Moving Average

SCANA’s value is way above its 50-day moving average of kr2.17 and way above its 200-day moving average of kr2.17.

More news about SCANA.

5. DNB BANK (DNB.OL)

12% sales growth and 15.02% return on equity

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards. It also provides overdraft facilities; leasing services; factoring, supply chain, and receivable purchase financing services; bank guarantee, secure trading, documentary collection, and letter of credit services; investment banking services, such as mergers and acquisition, equity and debt capital market, shares and securities, mutual funds and trading, and bonds and commodities; and private financing, as well as equity trading, foreign exchange, interest rates, and risk advisory services. In addition, the company offers treasury management, working capital, trade finance, auto lease and equipment financing, and corporate finance services, as well as act as an estate agents. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNB BANK has a trailing twelve months EPS of kr25.78.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 8.67. Meaning, the purchaser of the share is investing kr8.67 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 15.02%.

Moving Average

DNB BANK’s worth is way above its 50-day moving average of kr202.30 and way above its 200-day moving average of kr193.35.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 28.6% and a drop 11.9% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.92%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.6%, now sitting on 74.07B for the twelve trailing months.

More news about DNB BANK.

6. SKUE SPAREBANK (SKUE.OL)

6% sales growth and 10.19% return on equity

Skue Sparebank provides various banking products and services for individual and business in Norway. The company offers operating, tax deduction, capital, client, deposit, and group accounts; business, construction, consumer, car, other vehicle, and small loans, as well as mortgage, bank guarantee, factoring, overdraft, and leasing services; and home and leisure, car and other vehicles, animal, company and employees, agriculture insurance products. It also provides savings and pension products; and online and mobile banking, bank card, and payment services. The company was formerly known as Nes Prestegjelds Sparebank and changed its name to Skue Sparebank in October 2013. Skue Sparebank was founded in 1842 and is based in Geilo, Norway.

Earnings Per Share

As for profitability, SKUE SPAREBANK has a trailing twelve months EPS of kr102.59.

PE Ratio

SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.41. Meaning, the purchaser of the share is investing kr2.41 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 10.19%.

More news about SKUE SPAREBANK.

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