These high growth & high RoE companies are available at low PE

DSIJ IntelligenceCategories: DSIJ News, Trendingjoin us on whatsappfollow us on googleprefered on google

These high growth & high RoE companies are available at low PE

When identifying investing opportunities in the stock markets, one of the most desirable qualities one looks at is the high growth at a reasonable price.

When identifying investing opportunities in the stock markets, one of the most desirable qualities one looks at is the high growth at a reasonable price. Robust quarterly growth in sales & profits of more than 20 per cent coupled with compounding growth of return on equity, available at low valuations makes it a must-to-have list of stocks on your radar. It is important that investors look at the consistency in return ratios being high.  

Following companies have shown consistency in high return ratiosand the TTM PE is below 20  while their sales & profit growth on YoY (quarterly) basis is greater than 20 per cent: -  

Stock name   

Avg ROCE 3-Yrs   

TTM PE   

Hindustan Zinc  

28.51  

17.99  

Gulf Oil Lubricants  

35.35  

17.41  

Hindustan Aeronautics  

27.04  

12.40  

JK Paper  

22.10  

9.01  

Jindal Stainless (Hisar)  

20.74  

9.87  

Bajaj Consumer Care  

43.96  

19.40  

KE International   

27.49  

15.51  

Supreme Petrochem  

35.42  

14.85