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

(VIANEWS) – VÅR ENERGI (VAR.OL), VOLUE (VOLUE.OL), X-FAB (XFAB.PA) 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. 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 kr2.58.

PE Ratio

VÅR ENERGI has a trailing twelve months price to earnings ratio of 14.01. Meaning, the purchaser of the share is investing kr14.01 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 37.56%.

Volume

Today’s last reported volume for VÅR ENERGI is 1400960 which is 82.37% below its average volume of 7948330.

More news about VÅR ENERGI.

2. 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 in 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. Volue ASA 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 kr0.36.

PE Ratio

VOLUE has a trailing twelve months price to earnings ratio of 83.89. Meaning, the purchaser of the share is investing kr83.89 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 5.44%.

More news about VOLUE.

3. X-FAB (XFAB.PA)

23.3% sales growth and 19.58% return on equity

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It also provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services. The company serves integrated device manufacturers, original equipment manufacturers, and fabless semiconductor companies. It operates in Belgium, Germany, the United Kingdom, Austria, France, Switzerland, Denmark, Sweden, Finland, Netherlands, Ireland, Singapore, China, Japan, Thailand, Malaysia, Korea, Taiwan, Hong Kong, New Zealand, the United States, and internationally. The company was founded in 1992 and is based in Tessenderlo, Belgium.

Earnings Per Share

As for profitability, X-FAB has a trailing twelve months EPS of €1.15.

PE Ratio

X-FAB has a trailing twelve months price to earnings ratio of 6.19. Meaning, the purchaser of the share is investing €6.19 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 19.58%.

Moving Average

X-FAB’s value is way under its 50-day moving average of €9.74 and way below its 200-day moving average of €9.14.

Yearly Top and Bottom Value

X-FAB’s stock is valued at €7.11 at 01:20 EST, way under its 52-week high of €11.62 and way higher than its 52-week low of €5.21.

Earnings Before Interest, Taxes, Depreciation, and Amortization

X-FAB’s EBITDA is 17.73.

Sales Growth

X-FAB’s sales growth is 31.6% for the present quarter and 23.3% for the next.

More news about X-FAB.

4. MELHUS SPAREBANK (MELG.OL)

19.6% sales growth and 9.74% return on equity

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; mortgage, and car loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for home, cottage, household goods, contents, drone, car, boat, other vehicles, travel, animal, children, death, health, critical illness, disabled, private, commercial, agricultural, and accident; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Earnings Per Share

As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr16.08.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.7. Meaning, the purchaser of the share is investing kr9.7 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 9.74%.

Moving Average

MELHUS SPAREBANK’s value is below its 50-day moving average of kr164.80 and under its 200-day moving average of kr160.32.

More news about MELHUS SPAREBANK.

5. SHELL PLC (SHELL.AS)

16.8% sales growth and 10.31% return on equity

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles. In addition, it trades in and refines crude oil and other feed stocks, such as low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, SHELL PLC has a trailing twelve months EPS of €2.62.

PE Ratio

SHELL PLC has a trailing twelve months price to earnings ratio of 11.94. Meaning, the purchaser of the share is investing €11.94 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 10.31%.

Volume

Today’s last reported volume for SHELL PLC is 1636870 which is 77.16% below its average volume of 7169110.

Revenue Growth

Year-on-year quarterly revenue growth declined by 22.3%, now sitting on 316.62B for the twelve trailing months.

More news about SHELL PLC.

6. SPAREBANK 1 SMN (MING.OL)

13.6% sales growth and 13.82% return on equity

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; savings and investments; cash services; and payments. In addition, the company offers car, home, personal, animal, vehicle, and travel insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans for car, vehicles, and trailers, bank guarantees, business and construction loans, operating credit for agriculture, factoring, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides documentary collection, letter of credit, forward contracts, and foreign currency account services; and accounting, HR services, taxes and duties, transactional advice, and IT solutions services. It offers money transfer, capital and investment management, advisory, interest rate and currency hedging, and investment of surplus liquidity services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr16.09.

PE Ratio

SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.55. Meaning, the purchaser of the share is investing kr8.55 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 13.82%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 12 and the estimated forward annual dividend yield is 8.8%.

More news about SPAREBANK 1 SMN.

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