(VIANEWS) – HAFNIA LIMITED (HAFNI.OL), SPAREBANKEN VEST (SVEG.OL), TOTENS SPAREBANK (TOTG.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. HAFNIA LIMITED (HAFNI.OL)
163.7% sales growth and 48.16% return on equity
Hafnia Limited owns and operates oil product tankers. The company operates through four segments: Long Range II (LR2), Long Range I (LR1), Medium Range (MR), and Handy size (Handy). It transports petroleum oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. The company provides ship owning, ship-management, chartering, investment, and agency office services. As of March 29, 2022, it operated a fleet of 237 vessels, including newbuilds, of which 145 are owned or chartered-in, including 10 owned LR2s, 40 owned and chartered-in LR1s, 58 owned and chartered-in MRs, and 29 owned Handy and eight stainless steel 25K vessels. The company is based in Hamilton, Bermuda. Hafnia Limited is a subsidiary of BW Group Limited.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr10.27.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 5.83. Meaning, the purchaser of the share is investing kr5.83 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 48.16%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 3, 2023, the estimated forward annual dividend rate is 13.16 and the estimated forward annual dividend yield is 20.59%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
HAFNIA LIMITED’s EBITDA is 120.19.
More news about HAFNIA LIMITED.
2. SPAREBANKEN VEST (SVEG.OL)
30.4% sales growth and 13.51% return on equity
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. It operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. The company is also involved in the estate agency and home mortgage activities. The company was founded in 1823 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr7.36.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 12.02. Meaning, the purchaser of the share is investing kr12.02 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.51%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 0.4%, now sitting on 5.19B for the twelve trailing months.
Yearly Top and Bottom Value
SPAREBANKEN VEST’s stock is valued at kr88.40 at 06:20 EST, way under its 52-week high of kr109.40 and way higher than its 52-week low of kr77.70.
Moving Average
SPAREBANKEN VEST’s worth is below its 50-day moving average of kr96.33 and under its 200-day moving average of kr90.49.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 23, 2023, the estimated forward annual dividend rate is 5.5 and the estimated forward annual dividend yield is 5.63%.
More news about SPAREBANKEN VEST.
3. TOTENS SPAREBANK (TOTG.OL)
22.5% sales growth and 10.47% return on equity
Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. The company operates through five offices located in Lena, Raufoss, Gjøvik, Hamar, and Råholt. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.
Earnings Per Share
As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr14.84.
PE Ratio
TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 14.15. Meaning, the purchaser of the share is investing kr14.15 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.47%.
More news about TOTENS SPAREBANK.
4. MELEXIS (MELE.BR)
18.6% sales growth and 45.26% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN/CAN system basis, NFC/RFID, radio-frequency receiver and transmitter, and switch controller ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €1.89.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 54.07. Meaning, the purchaser of the share is investing €54.07 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 45.26%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MELEXIS’s EBITDA is 4.74.
Yearly Top and Bottom Value
MELEXIS’s stock is valued at €102.40 at 06:20 EST, below its 52-week high of €106.40 and way higher than its 52-week low of €63.05.
More news about MELEXIS.
5. TOMRA SYSTEMS (TOM.OL)
12.1% sales growth and 16.76% return on equity
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three divisions: Collection, Recycling Mining, and Food. The Collection division engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The Recycling Mining division offers sorting systems for waste and metal material streams; and ore sorting systems for the mining industry. The Food Solutions division provides post-harvest grading and sorting solutions for fresh produce; and sorting and processing technology for the processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.
Earnings Per Share
As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr6.18.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 26.66. Meaning, the purchaser of the share is investing kr26.66 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.76%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 0.95%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14%, now sitting on 12.19B for the twelve trailing months.
More news about TOMRA SYSTEMS.
