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

(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), KITRON (KIT.OL), MONTEA (MONT.BR) 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 kr4.69.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.7. Meaning, the purchaser of the share is investing kr9.7 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%.

Yearly Top and Bottom Value

SPAREBANKEN ØST’s stock is valued at kr45.50 at 02:20 EST, way under its 52-week high of kr55.00 and above its 52-week low of kr43.10.

Volume

Today’s last reported volume for SPAREBANKEN ØST is 6108 which is 65.32% below its average volume of 17614.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 47.5% and 91.1%, respectively.

More news about SPAREBANKEN ØST.

2. KITRON (KIT.OL)

37.1% sales growth and 24.07% return on equity

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.17.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 20.81. Meaning, the purchaser of the share is investing kr20.81 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 24.07%.

More news about KITRON.

3. MONTEA (MONT.BR)

25.8% sales growth and 17.64% return on equity

Montea is a developing investor in logistics real estate in Belgium, France, Germany and the Netherlands. Our team of passionate specialists creates the ideal real estate solution together with the customer.

Earnings Per Share

As for profitability, MONTEA has a trailing twelve months EPS of €12.58.

PE Ratio

MONTEA has a trailing twelve months price to earnings ratio of 6.34. Meaning, the purchaser of the share is investing €6.34 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 17.64%.

Yearly Top and Bottom Value

MONTEA’s stock is valued at €79.80 at 02:20 EST, way under its 52-week high of €104.60 and way above its 52-week low of €62.20.

Moving Average

MONTEA’s value is higher than its 50-day moving average of €76.10 and higher than its 200-day moving average of €75.25.

Volume

Today’s last reported volume for MONTEA is 7446 which is 57.93% below its average volume of 17703.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MONTEA’s EBITDA is 11.9.

More news about MONTEA.

4. SAVENCIA (SAVE.PA)

16.8% sales growth and 4.84% return on equity

Savencia SA produces, distributes, and markets dairy and cheese products in France, rest of Europe, and internationally. It offers butters and creams for the retail market and catering professionals; and dairy ingredients for the food, nutrition, and healthcare industries. The company provides its products under the Caprice des Dieux, Saint Albray, Le Rustique, Cœur de Lion, Saint Agur, Bresse Bleu, PDO Roquefort Papillon, St-Morêt, Tartare, Carré Frais, Apérivrais, Chavroux, Saint-Loup, RichesMonts raclette, Géramont, Saint Albray, Fol Epi, Bresso, Milkana, Brunch, Lucina, Král Sýru, Medve, Alouette and Rogue Creamery, Polenghi, Corman, Balade, and Elle & Vire brands. The company was formerly known as Bongrain SA and changed its name to Savencia SA in April 2015. The company was founded in 1956 and is headquartered in Viroflay, France. Savencia SA is a subsidiary of SAVENCIA Holding SCA.

Earnings Per Share

As for profitability, SAVENCIA has a trailing twelve months EPS of €6.29.

PE Ratio

SAVENCIA has a trailing twelve months price to earnings ratio of 9.79. Meaning, the purchaser of the share is investing €9.79 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 4.84%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 20.2%, now sitting on 6.55B for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 1.3 and the estimated forward annual dividend yield is 2.12%.

Yearly Top and Bottom Value

SAVENCIA’s stock is valued at €61.60 at 02:20 EST, under its 52-week high of €66.00 and way above its 52-week low of €50.70.

More news about SAVENCIA.

5. MELEXIS (MELE.BR)

10.3% sales growth and 41.13% 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 transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag 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 €4.98.

PE Ratio

MELEXIS has a trailing twelve months price to earnings ratio of 16.77. Meaning, the purchaser of the share is investing €16.77 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 41.13%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MELEXIS’s EBITDA is 3.76.

Volume

Today’s last reported volume for MELEXIS is 10161 which is 67.87% below its average volume of 31633.

More news about MELEXIS.

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