These high growth & high RoE companies are available at low PE
It is important that investors look at the consistency in return ratios being high.
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
|