(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), SPBK1 ØSTFOLD AKE (SOAG.OL), SMARTCRAFT (SMCRT.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 ØST (SPOG.OL)
52% sales growth and 6.25% return on equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr4.7.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.57. Meaning, the purchaser of the share is investing kr9.57 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 6.25%.
Volume
Today’s last reported volume for SPAREBANKEN ØST is 4313 which is 76.26% below its average volume of 18170.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr45.00 at 17:20 EST, way under its 52-week high of kr55.00 and higher than its 52-week low of kr43.10.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 47.5% and 91.1%, respectively.
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2. SPBK1 ØSTFOLD AKE (SOAG.OL)
27.3% sales growth and 10.79% return on equity
SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.
Earnings Per Share
As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr34.16.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 9.25. Meaning, the purchaser of the share is investing kr9.25 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 10.79%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 30, 2022, the estimated forward annual dividend rate is 17.8 and the estimated forward annual dividend yield is 5.53%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 23.5% and 49.8%, respectively.
More news about SPBK1 ØSTFOLD AKE.
3. SMARTCRAFT (SMCRT.OL)
24.1% sales growth and 9.28% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.4.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 52.75. Meaning, the purchaser of the share is investing kr52.75 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 9.28%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 100% and 66.7%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SMARTCRAFT’s EBITDA is 226.13.
Revenue Growth
Year-on-year quarterly revenue growth grew by 19.7%, now sitting on 333.42M for the twelve trailing months.
Moving Average
SMARTCRAFT’s worth is way above its 50-day moving average of kr18.94 and way higher than its 200-day moving average of kr17.33.
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4. RANA GRUBER (RANA.OL)
14.6% sales growth and 68.94% return on equity
Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. It also produces magnetite iron oxide concentrates. The company offers its products under the Colorana brands. It exports its products worldwide. Rana Gruber ASA was founded in 1937 and is headquartered in Mo i Rana, Norway.
Earnings Per Share
As for profitability, RANA GRUBER has a trailing twelve months EPS of kr13.44.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 4.28. Meaning, the purchaser of the share is investing kr4.28 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 68.94%.
Sales Growth
RANA GRUBER’s sales growth for the next quarter is 14.6%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 17, 2023, the estimated forward annual dividend rate is 7.65 and the estimated forward annual dividend yield is 13.3%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
RANA GRUBER’s EBITDA is 4.35.
Volume
Today’s last reported volume for RANA GRUBER is 310202 which is 107.38% above its average volume of 149581.
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5. ORKLA (ORK.OL)
8.6% sales growth and 12.77% return on equity
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ORKLA has a trailing twelve months EPS of kr5.23.
PE Ratio
ORKLA has a trailing twelve months price to earnings ratio of 15.46. Meaning, the purchaser of the share is investing kr15.46 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 12.77%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 12.9% and a negative 13.5%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 14, 2023, the estimated forward annual dividend rate is 3 and the estimated forward annual dividend yield is 3.98%.
More news about ORKLA.
