REC SILICON And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – REC SILICON (RECSI.OL), SKUE SPAREBANK (SKUE.OL), X-FAB (XFAB.PA) 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 14.27. Meaning, the purchaser of the share is investing kr14.27 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 44.59%.

Volume

Today’s last reported volume for REC SILICON is 1385020 which is 44.03% below its average volume of 2474790.

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.

More news about REC SILICON.

2. SKUE SPAREBANK (SKUE.OL)

35.3% sales growth and 9.59% 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 kr98.78.

PE Ratio

SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.37. Meaning, the purchaser of the share is investing kr2.37 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 9.59%.

More news about SKUE SPAREBANK.

3. X-FAB (XFAB.PA)

23.3% sales growth and 19.58% return on equity

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It also provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services. The company serves integrated device manufacturers, original equipment manufacturers, and fabless semiconductor companies. It operates in Belgium, Germany, the United Kingdom, Austria, France, Switzerland, Denmark, Sweden, Finland, Netherlands, Ireland, Singapore, China, Japan, Thailand, Malaysia, Korea, Taiwan, Hong Kong, New Zealand, the United States, and internationally. The company was founded in 1992 and is based in Tessenderlo, Belgium.

Earnings Per Share

As for profitability, X-FAB has a trailing twelve months EPS of €1.15.

PE Ratio

X-FAB has a trailing twelve months price to earnings ratio of 6.12. Meaning, the purchaser of the share is investing €6.12 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 19.58%.

Yearly Top and Bottom Value

X-FAB’s stock is valued at €7.04 at 01:20 EST, way under its 52-week high of €11.62 and way higher than its 52-week low of €5.21.

Volume

Today’s last reported volume for X-FAB is 67499 which is 62.8% below its average volume of 181489.

More news about X-FAB.

4. KONGSBERG GRUPPEN (KOG.OL)

19.3% sales growth and 24.6% return on equity

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr21.07.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 35.57. Meaning, the purchaser of the share is investing kr35.57 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 24.6%.

More news about KONGSBERG GRUPPEN.

5. SPBK1 NORD-NORGE (NONG.OL)

18.8% sales growth and 15.39% return on equity

SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge was founded in 1836 and is headquartered in Tromsø, Norway.

Earnings Per Share

As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr11.52.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.3. Meaning, the purchaser of the share is investing kr8.3 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 15.39%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 7.31%.

Moving Average

SPBK1 NORD-NORGE’s value is below its 50-day moving average of kr101.88 and under its 200-day moving average of kr97.87.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 0.3% and 75.5%, respectively.

More news about SPBK1 NORD-NORGE.

6. J.MARTINS,SGPS (JMT.LS)

17.7% sales growth and 28.68% return on equity

Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia. The company also operates supermarkets under the Pingo Doce banner; and cash and carry stores under the Recheio name in Portugal, and under the Bodega del Canasto name in Colombia. In addition, it operates restaurants under the Pingo Doce name; para-pharmacies and petrol stations under Bem-Estar brand; and clothing under Code brand. Further, the company operates coffee shops and kiosks under the Jeronymo name; and chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; rental of air transport equipment; and provision of business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. operates as a subsidiary of Sociedade Francisco Manuel Dos Santos, S.G.P.S., S.A.

Earnings Per Share

As for profitability, J.MARTINS,SGPS has a trailing twelve months EPS of €1.2.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 15.38. Meaning, the purchaser of the share is investing €15.38 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 28.68%.

More news about J.MARTINS,SGPS.

7. 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 46.25. Meaning, the purchaser of the share is investing kr46.25 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 14.2%.

Moving Average

SMARTCRAFT’s worth is above its 50-day moving average of kr25.39 and way above its 200-day moving average of kr22.25.

Volume

Today’s last reported volume for SMARTCRAFT is 11029 which is 83.12% below its average volume of 65351.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.4%, now sitting on 401.65M for the twelve trailing months.

More news about SMARTCRAFT.

8. 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 kr24.93.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 8.63. Meaning, the purchaser of the share is investing kr8.63 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%.

More news about DNB BANK.

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