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

(VIANEWS) – SCATEC (SCATC.OL), ALTRI SGPS (ALTR.LS), DNB BANK (DNB.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 20.35. Meaning, the purchaser of the share is investing kr20.35 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%.

Dividend Yield

As stated by 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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 36.8% and positive 528.6% for the next.

More news about SCATEC.

2. ALTRI SGPS (ALTR.LS)

39.3% sales growth and 8.56% return on equity

Altri, SGPS, S.A. produces and sells cellulosic fibers and energy in Portugal and internationally. The company produces pulp products for various application including production of paper, tissue, and printing and writing papers; and dissolving pulp for use of textile production. It is also involved timber commercialization; forest management; production of forest-based renewable energy, such as industrial cogeneration from black liquor and biomass; real estate activities; and production of plants in nurseries, as well as the provision of services related with forests and landscapes. The company was incorporated in 2005 and is headquartered in Porto, Portugal.

Earnings Per Share

As for profitability, ALTRI SGPS has a trailing twelve months EPS of €0.22.

PE Ratio

ALTRI SGPS has a trailing twelve months price to earnings ratio of 24.55. Meaning, the purchaser of the share is investing €24.55 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 8.56%.

Yearly Top and Bottom Value

ALTRI SGPS’s stock is valued at €5.40 at 02:20 EST, under its 52-week high of €5.63 and way higher than its 52-week low of €4.07.

Volume

Today’s last reported volume for ALTRI SGPS is 222502 which is 43.57% below its average volume of 394363.

Moving Average

ALTRI SGPS’s value is higher than its 50-day moving average of €5.25 and way higher than its 200-day moving average of €4.78.

Sales Growth

ALTRI SGPS’s sales growth for the next quarter is 39.3%.

More news about ALTRI SGPS.

3. 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 kr25.76.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 8.47. Meaning, the purchaser of the share is investing kr8.47 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%.

Moving Average

DNB BANK’s value is higher than its 50-day moving average of kr202.30 and way higher than its 200-day moving average of kr193.35.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.92%.

Sales Growth

DNB BANK’s sales growth is 24.3% for the present quarter and 12% for the next.

Volume

Today’s last reported volume for DNB BANK is 409609 which is 75.28% below its average volume of 1657240.

More news about DNB BANK.

4. PARETO BANK (PARB.OL)

10.8% 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 8.29. Meaning, the purchaser of the share is investing kr8.29 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%.

Dividend Yield

As claimed by 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 6.22%.

Volume

Today’s last reported volume for PARETO BANK is 74303 which is 68.88% above its average volume of 43997.

Yearly Top and Bottom Value

PARETO BANK’s stock is valued at kr64.20 at 02:20 EST, higher than its 52-week high of kr63.40.

More news about PARETO BANK.

5. BOUVET (BOUV.OL)

9.7% sales growth and 60.9% return on equity

Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. The company was incorporated in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, BOUVET has a trailing twelve months EPS of kr3.14.

PE Ratio

BOUVET has a trailing twelve months price to earnings ratio of 20.51. Meaning, the purchaser of the share is investing kr20.51 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 60.9%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 3.22B for the twelve trailing months.

Yearly Top and Bottom Value

BOUVET’s stock is valued at kr64.40 at 02:20 EST, under its 52-week high of kr70.00 and way higher than its 52-week low of kr52.00.

Earnings Before Interest, Taxes, Depreciation, and Amortization

BOUVET’s EBITDA is 40.45.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 4.08%.

More news about BOUVET.

6. SPBK1 ØSTFOLD AKE (SOAG.OL)

7.3% sales growth and 12.1% return on equity

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; operating credit for agriculture; mortgage products; leasing and factoring services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. SpareBank 1 Østfold Akershus was founded in 1835 and is headquartered in Moss, Norway.

Earnings Per Share

As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr39.01.

PE Ratio

SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.59. Meaning, the purchaser of the share is investing kr8.59 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 12.1%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 21.5 and the estimated forward annual dividend yield is 6.3%.

Sales Growth

SPBK1 ØSTFOLD AKE’s sales growth for the next quarter is 7.3%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 34.7% and 17.7%, respectively.

More news about SPBK1 ØSTFOLD AKE.

7. VISTIN PHARMA (VISTN.OL)

6.6% sales growth and 19.84% return on equity

Vistin Pharma ASA, through its subsidiary, Vistin Pharma AS, produces and sells active pharmaceutical ingredients (APIs) worldwide. It offers metformin HCl APIs and direct compressive granulates for the pharmaceutical industry. Vistin Pharma ASA was founded in 1969 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, VISTIN PHARMA has a trailing twelve months EPS of kr1.27.

PE Ratio

VISTIN PHARMA has a trailing twelve months price to earnings ratio of 16.69. Meaning, the purchaser of the share is investing kr16.69 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 19.84%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Nov 6, 2024, the estimated forward annual dividend rate is 1.75 and the estimated forward annual dividend yield is 7.71%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.9%, now sitting on 441.27M for the twelve trailing months.

Volume

Today’s last reported volume for VISTIN PHARMA is 7296 which is 44.92% below its average volume of 13248.

More news about VISTIN PHARMA.

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