(VIANEWS) – VOLUE (VOLUE.OL), MOWI (MOWI.OL), ITERA (ITERA.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. VOLUE (VOLUE.OL)
21.5% sales growth and 6.57% 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 kr0.37.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 50.54. Meaning, the purchaser of the share is investing kr50.54 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 6.57%.
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2. MOWI (MOWI.OL)
12.7% sales growth and 11.74% return on equity
Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, MOWI has a trailing twelve months EPS of kr9.7.
PE Ratio
MOWI has a trailing twelve months price to earnings ratio of 19.43. Meaning, the purchaser of the share is investing kr19.43 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 11.74%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MOWI’s EBITDA is 22.73.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Nov 17, 2023, the estimated forward annual dividend rate is 7.2 and the estimated forward annual dividend yield is 3.83%.
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3. ITERA (ITERA.OL)
12.4% sales growth and 86.07% return on equity
Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, ITERA has a trailing twelve months EPS of kr0.76.
PE Ratio
ITERA has a trailing twelve months price to earnings ratio of 15. Meaning, the purchaser of the share is investing kr15 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 86.07%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ITERA’s EBITDA is 1.13.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13.5%, now sitting on 854.94M for the twelve trailing months.
Moving Average
ITERA’s worth is under its 50-day moving average of kr12.14 and way below its 200-day moving average of kr13.83.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Oct 31, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 2.62%.
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4. MULTICONSULT (MULTI.OL)
10% sales growth and 29.75% return on equity
Multiconsult ASA provides engineering design, consultancy, and architecture services in Norway and internationally. The company offers multidisciplinary consultancy, design, planning, project supervision and management, geotechnical site survey, verification and control, analysis and due diligence, construction management, geological investigations, environmental services and HSE, river basin management, hydrometry, and hydrological field work services. It serves buildings and properties, cities and society, industry, oil and gas, renewable energy, rail and transportation, and water and environment sectors. Multiconsult ASA was founded in 1908 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, MULTICONSULT has a trailing twelve months EPS of kr10.22.
PE Ratio
MULTICONSULT has a trailing twelve months price to earnings ratio of 12.04. Meaning, the purchaser of the share is investing kr12.04 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 29.75%.
More news about MULTICONSULT.
