(VIANEWS) – REC SILICON (RECSI.OL), VÅR ENERGI (VAR.OL), VOLUE (VOLUE.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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 48.2% and 66.7%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.2%, now sitting on 141.1M for the twelve trailing months.
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 kr2.2.
PE Ratio
VÅR ENERGI has a trailing twelve months price to earnings ratio of 16.25. Meaning, the purchaser of the share is investing kr16.25 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 37.56%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Feb 19, 2024, the estimated forward annual dividend rate is 4.54 and the estimated forward annual dividend yield is 12.97%.
Yearly Top and Bottom Value
VÅR ENERGI’s stock is valued at kr35.74 at 22:20 EST, under its 52-week high of kr38.35 and way higher than its 52-week low of kr24.25.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 19.8% and 159.1%, respectively.
More news about VÅR ENERGI.
3. VOLUE (VOLUE.OL)
27.2% sales growth and 5.44% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates through three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. The company was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.25.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 119.8. Meaning, the purchaser of the share is investing kr119.8 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 5.44%.
Yearly Top and Bottom Value
VOLUE’s stock is valued at kr29.95 at 22:20 EST, above its 52-week high of kr29.60.
Moving Average
VOLUE’s value is way higher than its 50-day moving average of kr25.08 and way above its 200-day moving average of kr21.39.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21%, now sitting on 1.46B for the twelve trailing months.
More news about VOLUE.
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%.
Moving Average
REACH SUBSEA’s worth is way higher than its 50-day moving average of kr5.39 and way higher than its 200-day moving average of kr4.58.
More news about REACH SUBSEA.
5. SPBK1 NORD-NORGE (NONG.OL)
18.4% 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 8.68. Meaning, the purchaser of the share is investing kr8.68 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%.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 17% for the ongoing quarter and 18.4% for the next.
Dividend Yield
As maintained 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 7.09%.
More news about SPBK1 NORD-NORGE.
6. 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%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 2.9%, now sitting on 997.69M for the twelve trailing months.
Yearly Top and Bottom Value
PARETO BANK’s stock is valued at kr57.60 at 22:20 EST, below its 52-week high of kr61.00 and way above its 52-week low of kr48.55.
More news about PARETO BANK.
7. SONAE (SON.LS)
10.5% sales growth and 9.35% return on equity
Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. operates as a subsidiary of Efanor Investimentos SGPS, SA.
Earnings Per Share
As for profitability, SONAE has a trailing twelve months EPS of €0.19.
PE Ratio
SONAE has a trailing twelve months price to earnings ratio of 4.98. Meaning, the purchaser of the share is investing €4.98 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 9.35%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SONAE’s EBITDA is 25.98.
Yearly Top and Bottom Value
SONAE’s stock is valued at €0.95 at 22:20 EST, way under its 52-week high of €1.06 and way above its 52-week low of €0.81.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.05 and the estimated forward annual dividend yield is 5.65%.
More news about SONAE.
8. SPAREBANKEN MØRE (MORG.OL)
8.9% sales growth and 12.57% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr20.44.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.14. Meaning, the purchaser of the share is investing kr4.14 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 12.57%.
Yearly Top and Bottom Value
SPAREBANKEN MØRE’s stock is valued at kr84.68 at 22:20 EST, under its 52-week high of kr93.10 and way higher than its 52-week low of kr73.53.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 17.9% for the ongoing quarter and 8.9% for the next.
More news about SPAREBANKEN MØRE.
