(VIANEWS) – SCATEC (SCATC.OL), ENVIPCO (ENVI.AS), SKUE SPAREBANK (SKUE.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. SCATEC (SCATC.OL)
111% sales growth and 11.65% return on equity
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr4.24.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 17.35. Meaning, the purchaser of the share is investing kr17.35 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 11.65%.
Yearly Top and Bottom Value
SCATEC’s stock is valued at kr73.55 at 02:20 EST, way below its 52-week high of kr85.50 and way higher than its 52-week low of kr52.50.
Moving Average
SCATEC’s worth is above its 50-day moving average of kr71.39 and higher than its 200-day moving average of kr70.30.
More news about SCATEC.
2. ENVIPCO (ENVI.AS)
94.2% sales growth and 4.02% return on equity
Envipco Holding N.V., together with its subsidiaries, designs, develops, manufactures, and sells or leases reverse vending machines (RVM) for the collection and processing of used beverage containers primarily in the Netherlands, North America, and Europe. The company provides technical support, RVM maintenance, and accounting services to the retail stores, bottlers, and distributors for containers redeemed through its machines. It also offers deposit, handling fees, scrap reconciliations, commodity brokerage, clearing house functions, and accounting services. In addition, the company provides materials handling services primarily in the northeastern part of the United States. Envipco Holding N.V. was incorporated in 1998 and is headquartered in Amersfoort, the Netherlands.
Earnings Per Share
As for profitability, ENVIPCO has a trailing twelve months EPS of €-0.09.
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 4.02%.
Moving Average
ENVIPCO’s worth is way above its 50-day moving average of €5.40 and way above its 200-day moving average of €3.45.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 132.4% and 300%, respectively.
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3. 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 2.46. Meaning, the purchaser of the share is investing kr2.46 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%.
Volume
Today’s last reported volume for SKUE SPAREBANK is 191 which is 81.58% below its average volume of 1037.
Sales Growth
SKUE SPAREBANK’s sales growth is 8.8% for the ongoing quarter and 35.3% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 17 and the estimated forward annual dividend yield is 7.26%.
More news about SKUE SPAREBANK.
4. KONGSBERG GRUPPEN (KOG.OL)
14.7% sales growth and 25.08% 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 kr23.23.
PE Ratio
KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 37.73. Meaning, the purchaser of the share is investing kr37.73 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 25.08%.
Sales Growth
KONGSBERG GRUPPEN’s sales growth is 15.3% for the ongoing quarter and 14.7% for the next.
More news about KONGSBERG GRUPPEN.
5. PARETO BANK (PARB.OL)
10.1% sales growth and 13.71% 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 7.49. Meaning, the purchaser of the share is investing kr7.49 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 13.71%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.5%, now sitting on 1.06B for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 5, 2024, the estimated forward annual dividend rate is 3.9 and the estimated forward annual dividend yield is 6.78%.
Volume
Today’s last reported volume for PARETO BANK is 11359 which is 72.22% below its average volume of 40897.
Yearly Top and Bottom Value
PARETO BANK’s stock is valued at kr58.00 at 02:20 EST, under its 52-week high of kr61.00 and way above its 52-week low of kr48.55.
More news about PARETO BANK.
