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

(VIANEWS) – SCATEC (SCATC.OL), AIRBUS (AIR.PA), 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. SCATEC (SCATC.OL)

121.2% 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 20.84. Meaning, the purchaser of the share is investing kr20.84 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%.

Moving Average

SCATEC’s value is way above its 50-day moving average of kr79.05 and way higher than its 200-day moving average of kr71.44.

Revenue Growth

Year-on-year quarterly revenue growth grew by 44.9%, now sitting on 3.78B for the twelve trailing months.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1.94 and the estimated forward annual dividend yield is 2.78%.

Yearly Top and Bottom Value

SCATEC’s stock is valued at kr88.35 at 12:20 EST, under its 52-week high of kr91.45 and way above its 52-week low of kr52.50.

More news about SCATEC.

2. AIRBUS (AIR.PA)

30.3% sales growth and 35.7% return on equity

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides helicopter-related services. The Airbus Defence and Space segment designs, develops, delivers, and supports military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; missile and space launcher systems; and services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. Airbus SE was incorporated in 1998 and is headquartered in Leiden, the Netherlands.

Earnings Per Share

As for profitability, AIRBUS has a trailing twelve months EPS of €4.96.

PE Ratio

AIRBUS has a trailing twelve months price to earnings ratio of 29.92. Meaning, the purchaser of the share is investing €29.92 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 35.7%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 25, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 1.29%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AIRBUS’s EBITDA is 54.62.

More news about AIRBUS.

3. SPBK 1 ØSTLANDET (SPOL.OL)

20.9% 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 kr14.23.

PE Ratio

SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 9.54. Meaning, the purchaser of the share is investing kr9.54 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%.

More news about SPBK 1 ØSTLANDET.

4. AZERION (AZRN.AS)

10.7% sales growth and 23.87% return on equity

Azerion Group N.V. operates a digital entertainment and media platform in the Netherlands, Germany, France, Great Britain, Ireland, Italy, other Nordic and European countries, the United States, the United Arab Emirates, and internationally. The company operates in two segments, Platform and Premium Games. Its integrated platform offers technology solutions to automate the purchase and sale of digital advertising inventory for advertisers, publishers, and game creators, as well as to develop, publish, distribute, and operate online social and casual games, and digital content. The company also operates Hawk, a digital advertising technology platform. Azerion Group N.V. was founded in 2013 and is headquartered in Schiphol-Rijk, the Netherlands.

Earnings Per Share

As for profitability, AZERION has a trailing twelve months EPS of €0.17.

PE Ratio

AZERION has a trailing twelve months price to earnings ratio of 9.59. Meaning, the purchaser of the share is investing €9.59 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 23.87%.

Moving Average

AZERION’s value is under its 50-day moving average of €1.70 and way below its 200-day moving average of €1.84.

Sales Growth

AZERION’s sales growth is 6.5% for the present quarter and 10.7% for the next.

More news about AZERION.

5. VERALLIA (VRLA.PA)

6% sales growth and 46.92% return on equity

Verallia Société Anonyme manufactures and sells glass packaging products for beverages and food products worldwide. It provides bottles for still and sparkling wines, spirits, beers, soft drinks, and oils. The company offers jars for baby food, dairy products, jams, honey, spreads, condiments, sauces, and preserves. Verallia Société Anonyme was founded in 1827 and is based in Courbevoie, France.

Earnings Per Share

As for profitability, VERALLIA has a trailing twelve months EPS of €4.01.

PE Ratio

VERALLIA has a trailing twelve months price to earnings ratio of 8.99. Meaning, the purchaser of the share is investing €8.99 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 46.92%.

More news about VERALLIA.

6. SCANA (SCANA.OL)

5.7% 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 kr0.22.

PE Ratio

SCANA has a trailing twelve months price to earnings ratio of 10. Meaning, the purchaser of the share is investing kr10 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%.

Moving Average

SCANA’s value is above its 50-day moving average of kr2.14 and above its 200-day moving average of kr2.18.

More news about SCANA.

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