(VIANEWS) – SPAREBANKEN VEST (SVEG.OL), SPAREBANK 1 SMN (MING.OL), KONGSBERG GRUPPEN (KOG.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)
31.5% 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 kr10.31.
PE Ratio
SPAREBANKEN VEST has a trailing twelve months price to earnings ratio of 9.63. Meaning, the purchaser of the share is investing kr9.63 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%.
Volume
Today’s last reported volume for SPAREBANKEN VEST is 94752 which is 5.2% above its average volume of 90068.
More news about SPAREBANKEN VEST.
2. SPAREBANK 1 SMN (MING.OL)
22.5% sales growth and 11.54% return on equity
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr11.6.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 11.78. Meaning, the purchaser of the share is investing kr11.78 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 11.54%.
Yearly Top and Bottom Value
SPAREBANK 1 SMN’s stock is valued at kr136.60 at 17:20 EST, under its 52-week high of kr139.00 and way higher than its 52-week low of kr107.60.
More news about SPAREBANK 1 SMN.
3. KONGSBERG GRUPPEN (KOG.OL)
12.3% sales growth and 20.54% return on equity
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.
Earnings Per Share
As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr15.97.
PE Ratio
KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 29.93. Meaning, the purchaser of the share is investing kr29.93 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 20.54%.
Yearly Top and Bottom Value
KONGSBERG GRUPPEN’s stock is valued at kr478.00 at 17:20 EST, below its 52-week high of kr486.00 and way above its 52-week low of kr303.40.
Revenue Growth
Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 31.8B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 39.2% and a drop 0.6% for the next.
Volume
Today’s last reported volume for KONGSBERG GRUPPEN is 131074 which is 24.8% below its average volume of 174319.
More news about KONGSBERG GRUPPEN.
