REC SILICON And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REC SILICON (RECSI.OL), GOODTECH (GOD.OL), SALMAR (SALM.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)

157.8% 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 kr0.75.

PE Ratio

REC SILICON has a trailing twelve months price to earnings ratio of 13.23. Meaning, the purchaser of the share is investing kr13.23 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%.

Sales Growth

REC SILICON’s sales growth is 133.9% for the present quarter and 157.8% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REC SILICON’s EBITDA is 43.46.

Moving Average

REC SILICON’s worth is way under its 50-day moving average of kr11.11 and way under its 200-day moving average of kr14.27.

Yearly Top and Bottom Value

REC SILICON’s stock is valued at kr9.92 at 16:20 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. GOODTECH (GOD.OL)

50.1% sales growth and 10.72% return on equity

Goodtech ASA provides management systems, digitization, and production optimization solutions for industrial and manufacturing companies in Norway, Sweden, Finland, Europe, and internationally. The company provides a range of in-house developed and partner-driven technologies and customized solutions for automation of production, which include construction, installation, service, and maintenance; development, project management, and engineering services; and technology and customized solutions, such as streamlining production, material handling, warehousing, and logistics solutions, as well as packaging machines. It also offers robotic systems for handling, controlling, and logistics of bulk materials under the Portabulk brand; power and electrical, automation, and system integration solutions to industry and power distributors; constructs and rehabilitates transformer stations. In addition, the company provides products and solutions for drinking water and wastewater treatment, and various industrial water. It serves a range of customers within aquaculture, food, pharmacy and health, renewable energy, district heating, oil and gas, power, water treatment, chemical, cable production, automotive, machinery, metal, and mineral industries. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, GOODTECH has a trailing twelve months EPS of kr0.04.

PE Ratio

GOODTECH has a trailing twelve months price to earnings ratio of 311.25. Meaning, the purchaser of the share is investing kr311.25 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 10.72%.

More news about GOODTECH.

3. SALMAR (SALM.OL)

15.3% sales growth and 11.62% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr6.56.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 108.9. Meaning, the purchaser of the share is investing kr108.9 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 11.62%.

Volume

Today’s last reported volume for SALMAR is 32967 which is 79.58% below its average volume of 161449.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SALMAR’s EBITDA is 33.74.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 9, 2023, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 2.8%.

Sales Growth

SALMAR’s sales growth is negative 5.9% for the current quarter and 15.3% for the next.

More news about SALMAR.

4. SMARTCRAFT (SMCRT.OL)

14% sales growth and 14.2% return on equity

SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.

Earnings Per Share

As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.56.

PE Ratio

SMARTCRAFT has a trailing twelve months price to earnings ratio of 45.89. Meaning, the purchaser of the share is investing kr45.89 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 14.2%.

Moving Average

SMARTCRAFT’s value is higher than its 50-day moving average of kr25.39 and way higher than its 200-day moving average of kr22.25.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SMARTCRAFT’s EBITDA is 74.07.

More news about SMARTCRAFT.

5. MONTEA (MONT.BR)

13.9% sales growth and 8.42% return on equity

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany. The company is a benchmark player in this market. Montea literally offers its customers the space to grow through versatile and innovative property solutions. In this way, Montea creates value for its shareholders. As of 31/12/2023 the property portfolio represented a total surface of 1,959,242 m², spread across 95 locations. Montea NV has been listed on Euronext Brussels (MONT) and Euronext Paris (MONTP) since the end of 2006.

Earnings Per Share

As for profitability, MONTEA has a trailing twelve months EPS of €6.46.

PE Ratio

MONTEA has a trailing twelve months price to earnings ratio of 12.49. Meaning, the purchaser of the share is investing €12.49 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 8.42%.

Sales Growth

MONTEA’s sales growth is 12.9% for the present quarter and 13.9% for the next.

More news about MONTEA.

6. BAKKAFROST (BAKKA.OL)

11.7% sales growth and 13.83% return on equity

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products under the Bakkafrost and Havsbrún brands in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through four segments: Farming FO; Farming SCT; Value Added Products; and Fishmeal, Oil and Fish Feed. The company is involved in the breeding and on-growing of salmon; harvesting, sale, and distribution of salmon; salmon farming, harvest, filleting, sales, and administration; and production of skinless and boneless portions of salmon. It also produces and sells fishmeal, fish oil, and fish feed. In addition, it engages in production of styrofoam boxes, and biogas and fertilizer; and operates trading of fishes, lumpfish farming business, and freight transportation of goods, as well as produce and sell canned fish products. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

Earnings Per Share

As for profitability, BAKKAFROST has a trailing twelve months EPS of kr11.31.

PE Ratio

BAKKAFROST has a trailing twelve months price to earnings ratio of 61.27. Meaning, the purchaser of the share is investing kr61.27 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 13.83%.

More news about BAKKAFROST.

7. TECHNIP ENERGIES (TE.PA)

8.6% sales growth and 18.64% return on equity

Technip Energies N.V., together with its subsidiaries, operates as an engineering and technology company for the energy transition in Europe, Russia, the Asia Pacific, Africa, the Middle East, and the Americas. The company operates in two segments, Projects Delivery; and Technology, and Products and Services. It is involved in the engineering, procurement, construction management, commissioning, and transport and installation of various energy projects. The company also engages in the study, engineering, procurement, construction, and project management of various onshore and offshore facilities related to gas monetization, ethylene, hydrogen, refining, and chemical processing from biofuels and hydrocarbons. In addition, it develops, designs, commercializes, and integrates a range of technologies in gas monetization, refining, petrochemicals and fertilizers, hydrogen, and sustainable chemistry; provides land and marine-based loading and transfer systems services to the oil and gas, petrochemical, chemical, and decarbonization industries; and offers a range of project management consulting services to the energy industry. Further, the company offers robotics, visual intelligence, and surveillance solutions, as well NDT services; operations and maintenance consulting. Additionally, it provides Capture.Now, a set of decarbonization solutions; Canopy, an integrated suite of post-combustion carbon capture solutions; heat transfer technologies and products; INO15, a floating offshore wind solutions; SnapLNG, an electrified low-carbon LNG solution, as well as advisory and digital services. Technip Energies N.V. was incorporated in 2019 and is headquartered in Nanterre, France.

Earnings Per Share

As for profitability, TECHNIP ENERGIES has a trailing twelve months EPS of €1.64.

PE Ratio

TECHNIP ENERGIES has a trailing twelve months price to earnings ratio of 14.52. Meaning, the purchaser of the share is investing €14.52 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 18.64%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 21, 2024, the estimated forward annual dividend rate is 0.57 and the estimated forward annual dividend yield is 2.4%.

Volume

Today’s last reported volume for TECHNIP ENERGIES is 63077 which is 85.03% below its average volume of 421543.

Moving Average

TECHNIP ENERGIES’s worth is way above its 50-day moving average of €20.41 and way higher than its 200-day moving average of €21.12.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 6.7% and 92%, respectively.

More news about TECHNIP ENERGIES.

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