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

(VIANEWS) – SCATEC (SCATC.OL), NEOEN (NEOEN.PA), NORSKE SKOG (NSKOG.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 7.41% 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 kr2.01.

PE Ratio

SCATEC has a trailing twelve months price to earnings ratio of 39.03. Meaning, the purchaser of the share is investing kr39.03 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 7.41%.

Volume

Today’s last reported volume for SCATEC is 130115 which is 53.41% below its average volume of 279334.

Dividend Yield

As maintained 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%.

Sales Growth

SCATEC’s sales growth is negative 4.8% for the present quarter and 121.2% for the next.

More news about SCATEC.

2. NEOEN (NEOEN.PA)

48.5% sales growth and 3.27% return on equity

Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €0.94.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 27.91. Meaning, the purchaser of the share is investing €27.91 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 3.27%.

More news about NEOEN.

3. NORSKE SKOG (NSKOG.OL)

32.1% sales growth and 8.63% return on equity

Norske Skog ASA engages in the production and sale of publication and packaging paper products in Norway, rest of Europe, North America, Australasia, Asia, and Africa. It operates in Publication paper Europe, Publication paper Australasia, and Packaging paper segments. The company offers newsprint paper products comprising standard newsprint and other papers; magazine papers, including super calendared and lightweight coated papers; and recycled containerboards. Its products are primarily used in newspapers and magazines, periodicals, catalogues, brochures, advertising materials, inserts/flyers, supplements, free-sheets, directories, direct mail, and books. Norske Skog ASA was founded in 1962 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, NORSKE SKOG has a trailing twelve months EPS of kr5.72.

PE Ratio

NORSKE SKOG has a trailing twelve months price to earnings ratio of 6.01. Meaning, the purchaser of the share is investing kr6.01 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 8.63%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 123% and a negative 109.9%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Nov 20, 2023, the estimated forward annual dividend rate is 0.67 and the estimated forward annual dividend yield is 1.96%.

Sales Growth

NORSKE SKOG’s sales growth for the next quarter is 32.1%.

More news about NORSKE SKOG.

4. NORWEGIAN AIR SHUT (NAS.OL)

27.8% sales growth and 37.41% return on equity

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 87 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, NORWEGIAN AIR SHUT has a trailing twelve months EPS of kr1.59.

PE Ratio

NORWEGIAN AIR SHUT has a trailing twelve months price to earnings ratio of 6.69. Meaning, the purchaser of the share is investing kr6.69 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 37.41%.

Moving Average

NORWEGIAN AIR SHUT’s value is below its 50-day moving average of kr10.92 and way under its 200-day moving average of kr13.35.

Yearly Top and Bottom Value

NORWEGIAN AIR SHUT’s stock is valued at kr10.63 at 12:20 EST, way under its 52-week high of kr18.40 and way above its 52-week low of kr7.69.

Sales Growth

NORWEGIAN AIR SHUT’s sales growth for the next quarter is 27.8%.

More news about NORWEGIAN AIR SHUT.

5. 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 €1.04.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 15.57. Meaning, the purchaser of the share is investing €15.57 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.

6. WDP (WDP.BR)

12.5% sales growth and 4.89% return on equity

WDP develops and invests in logistics property (warehouses and offices). WDP has over 7 million m² of properties in its portfolio. This international portfolio of semi-industrial and logistics buildings is spread over about 300 sites at prime logistics hubs for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany and Romania.

Earnings Per Share

As for profitability, WDP has a trailing twelve months EPS of €0.97.

PE Ratio

WDP has a trailing twelve months price to earnings ratio of 25.34. Meaning, the purchaser of the share is investing €25.34 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 4.89%.

Sales Growth

WDP’s sales growth is 14.5% for the present quarter and 12.5% for the next.

More news about WDP.

7. KID (KID.OL)

7.5% sales growth and 29.84% return on equity

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, furniture, and other interior products through retail stores and online platforms. The company provides its products under the Kid, Hemtex, Dekosol, Nordun, and Premium Collection brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS and changed its name to Kid ASA. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.

Earnings Per Share

As for profitability, KID has a trailing twelve months EPS of kr8.94.

PE Ratio

KID has a trailing twelve months price to earnings ratio of 16.22. Meaning, the purchaser of the share is investing kr16.22 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 29.84%.

Volume

Today’s last reported volume for KID is 8438 which is 76.11% below its average volume of 35322.

More news about KID.

Leave a Reply

Your email address will not be published. Required fields are marked *