(VIANEWS) – CTT CORREIOS PORT (CTT.LS), NORBIT (NORBT.OL), SPAREBANKEN VEST (SVEG.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. CTT CORREIOS PORT (CTT.LS)
327.5% sales growth and 22.58% return on equity
CTT – Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services. It also engages in the business of payments related to collection of invoices and fines. In addition, the company enables the payment of various services and utilities through a network of approximately 5,000 agents covering business outlets as stationery stores, tobacco shops, kiosks, and supermarkets. It operates a retail network of 566 post offices; 1,808 postal agencies; 223 postal delivery offices; 4,576 postal delivery routes; and a fleet of 3,925 vehicles. The company was formerly known as Correio Publico. CTT – Correios De Portugal, S.A. was founded in 1520 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, CTT CORREIOS PORT has a trailing twelve months EPS of €0.11.
PE Ratio
CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 32.82. Meaning, the purchaser of the share is investing €32.82 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 22.58%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CTT CORREIOS PORT’s EBITDA is 103.02.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 18, 2022, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 3.41%.
More news about CTT CORREIOS PORT.
2. NORBIT (NORBT.OL)
33.5% sales growth and 19.45% return on equity
NORBIT ASA provides technology products and solutions. It operates through three segments: Oceans, Connectivity, and Product Innovation and Realization. The company designs and develops wideband multibeam sonars used for hydrographic and forward-looking applications, as well as for detection of advanced subsea leakage; and provides cable assemblies, electromechanical box builds, and business solutions. It also offers sensors and sensor platforms used for monitoring, detection, and reporting tasks; GuardPoint, a surveillance sonar used to detect underwater intruders; SafePoint that use to detect navigational obstacles; NORTrace, a software that simulates and graphs the underwater propagation of various sonar; SeaCOP software system for monitoring, detection, and emergency response for maritime and offshore operations; and security solutions for defense. In addition, the company provides high power underwater lights, power cabinets, and other sensor solutions for aquaculture industry. Further, it offers dedicated short-range communication (DSRC) technology for intelligent traffic systems and truck applications; global navigation satellite systems-based tolling and DSRC devices, and connectivity modules for smart tachographs; desktop readers; roadside units; and reclosable fasteners. The company was founded in 1980 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr0.48.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 81.67. Meaning, the purchaser of the share is investing kr81.67 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 19.45%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 5, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.88%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 200% and 79.5%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 39.6%, now sitting on 1.17B for the twelve trailing months.
Moving Average
NORBIT’s value is way higher than its 50-day moving average of kr35.48 and way above its 200-day moving average of kr29.34.
More news about NORBIT.
3. SPAREBANKEN VEST (SVEG.OL)
32.2% 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 12.41. Meaning, the purchaser of the share is investing kr12.41 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%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 9.4% and 35.3%, respectively.
Yearly Top and Bottom Value
SPAREBANKEN VEST’s stock is valued at kr91.30 at 07:20 EST, way under its 52-week high of kr103.60 and way higher than its 52-week low of kr77.70.
Moving Average
SPAREBANKEN VEST’s value is under its 50-day moving average of kr95.41 and above its 200-day moving average of kr90.40.
Dividend Yield
As stated 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 5.98%.
More news about SPAREBANKEN VEST.
4. TOMRA SYSTEMS (TOM.OL)
13.1% sales growth and 16.76% return on equity
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment 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 TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and 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 27.27. Meaning, the purchaser of the share is investing kr27.27 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%.
More news about TOMRA SYSTEMS.
5. SPBK1 RINGERIKE (RING.OL)
11.1% sales growth and 9.9% return on equity
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr22.77.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing kr14.05 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 9.9%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 32.2% and 37.6%, respectively.
Sales Growth
SPBK1 RINGERIKE’s sales growth is 10.2% for the present quarter and 11.1% for the next.
Moving Average
SPBK1 RINGERIKE’s worth is under its 50-day moving average of kr331.16 and under its 200-day moving average of kr324.31.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.9%, now sitting on 931.3M for the twelve trailing months.
More news about SPBK1 RINGERIKE.
