Are Any of These 5 FTSE 100 Shares a Buy? – BG Group plc (BG)

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GKN plc (LON:GKN)
I expect the shares of vehicle component builder GKN to tread higher in coming years as total global car demand, coupled with rising civil aeroplane orders, keeps the firm’s share price on a steady upward trend.

Total worldwide vehicle demand is set to continue climbing in the near term, according to industry experts, particularly in the premium car sector in which GKN is a market leader.

Furthermore, the firm is already a major supplier to aeroplane manufacturers The Boeing Company (NYSE:BA) and Airbus, and whose purchase of Volvo Aero Engines late last year should bolster its position as a top-tier parts partner.

City estimates suggest a 9% earnings per share increase for 2012 — results for which are scheduled for Tuesday, 26 February — to be followed by a 10% and 11% jump in 2013 and 2014 respectively.

I believe these steady earnings growth projections leave GKN in bargain-basement territory. A figure of 10.4 for last year is set to fall to 9.5 and 8.5 for 2013 and 2014, according to City brokers.

Eurasian Natural Resources Corporation (LON:ENRC)
I reckon that rocketing production from Eurasian Natural Resources Corporation should drive its shares higher in the near future.

ENRC announced earlier this month that its total annual production of saleable ferroalloys, electricity and coal had hit their highest levels since the group’s 2007 flotation. And this is widely expected to continue — indeed, Credit Suisse expects copper output alone to rise 57% to 55,000 tonnes in 2013 and advance an additional 127% next year to 125,000 tonnes.

Earnings per share are forecast to have taken a pasting during 2012. Results released on Wednesday, 20 March are projected to show a 68% fall, according to City analysts. But this is expected to snap back this year and next, up 10% and 43% respectively, as output levels ramp up.

Meanwhile, ENRC’s anticipated P/E ratio of 12.8 for 2012 is forecast to fall to an inexpensive 11.7 and 8.2 in 2013 and 2014, which I view as attractive given the firm’s promising production upside.

The company is tipped to embark on a small equity raising to solve the long-standing problems with its balance sheet, while I feel further M&A speculation could provide the share price with additional lift.

Zone in on other sterling stocks
If you already hold shares in any of these companies, and are looking for excellent earnings prospects elsewhere, this special report highlights the possible FTSE winners identified by ace fund manager Neil Woodward.

The article Are Any of These 5 FTSE 100 Shares a Buy? originally appeared on Fool.com and is written by Royston Wild.

Fool contributor Royston Wild has no position in any stocks mentioned. The Motley Fool recommends Antofagasta and Croda International.

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