SPAREBANKEN VEST And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPAREBANKEN VEST (SVEG.OL), J.MARTINS,SGPS (JMT.LS), PROTECTOR FORSIKRG (PROT.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. 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. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in 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 kr10.29.

PE Ratio

SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 9.32. Meaning, the purchaser of the share is investing kr9.32 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%.

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 5.77%.

More news about SPAREBANKEN VEST.

2. J.MARTINS,SGPS (JMT.LS)

21.9% sales growth and 24.27% return on equity

Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia. The company also operates supermarkets under the Pingo Doce banner; and cash and carry stores under the Recheio name in Portugal. In addition, it operates restaurants under the Pingo Doce name; Bem-Estar pharmacies; petrol stations; and clothing under Code brand. Further, the company operates kiosks and coffee shops under the Jeronymo name; and chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.

Earnings Per Share

As for profitability, J.MARTINS,SGPS has a trailing twelve months EPS of €0.94.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 23.6. Meaning, the purchaser of the share is investing €23.6 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 24.27%.

More news about J.MARTINS,SGPS.

3. PROTECTOR FORSIKRG (PROT.OL)

16.2% sales growth and 24.06% return on equity

Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr9.94.

PE Ratio

PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 14.29. Meaning, the purchaser of the share is investing kr14.29 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 24.06%.

Yearly Top and Bottom Value

PROTECTOR FORSIKRG’s stock is valued at kr142.00 at 02:20 EST, under its 52-week high of kr153.20 and way higher than its 52-week low of kr93.40.

Revenue Growth

Year-on-year quarterly revenue growth grew by 44.8%, now sitting on 6.2B for the twelve trailing months.

Sales Growth

PROTECTOR FORSIKRG’s sales growth is 26.8% for the ongoing quarter and 16.2% for the next.

More news about PROTECTOR FORSIKRG.

4. TOMRA SYSTEMS (TOM.OL)

14% 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 kr3.48.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 46.34. Meaning, the purchaser of the share is investing kr46.34 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%.

Yearly Top and Bottom Value

TOMRA SYSTEMS’s stock is valued at kr161.25 at 02:20 EST, way below its 52-week high of kr250.35 and higher than its 52-week low of kr151.00.

More news about TOMRA SYSTEMS.

5. SPBK 1 NORDMØRE (SNOR.OL)

7.1% sales growth and 9.57% return on equity

SpareBank 1 Nordmøre provides various banking services in Norway. The company offers savings and deposit accounts; car, motorcycle, boat, and construction loans; and mortgages. It also provides business insurance products, which include liability, auto, mortgage, operating loss, asset, commercial, and project insurance products; personal insurance products, such as life, travel, and accidental insurance products; pension products; bank cards; payment and debt collection services; and mobile and online banking services. In addition, the company offers bank guarantees, trade credit products, and operating credit products for agriculture, as well as factoring, leasing, and repayment products and services. The company was founded in 1835 and is based in Kristiansund, Norway. SpareBank 1 Nordmøre is a subsidiary of SpareBank 1 Gruppen AS.

Earnings Per Share

As for profitability, SPBK 1 NORDMØRE has a trailing twelve months EPS of kr14.01.

PE Ratio

SPBK 1 NORDMØRE has a trailing twelve months price to earnings ratio of 8.92. Meaning, the purchaser of the share is investing kr8.92 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 9.57%.

Moving Average

SPBK 1 NORDMØRE’s worth is under its 50-day moving average of kr126.34 and below its 200-day moving average of kr126.03.

Revenue Growth

Year-on-year quarterly revenue growth grew by 52.3%, now sitting on 771M for the twelve trailing months.

Sales Growth

SPBK 1 NORDMØRE’s sales growth is 38.5% for the current quarter and 7.1% for the next.

More news about SPBK 1 NORDMØRE.

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