(VIANEWS) – SALMAR (SALM.OL), SPAREBANKEN MØRE (MORG.OL), SPBK 1 ØSTLANDET (SPOL.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. SALMAR (SALM.OL)
55.4% sales growth and 20.22% return on equity
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.
Earnings Per Share
As for profitability, SALMAR has a trailing twelve months EPS of kr28.36.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 17.28. Meaning, the purchaser of the share is investing kr17.28 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 20.22%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 80.6% and a drop 29.4% for the next.
Sales Growth
SALMAR’s sales growth is 57.8% for the current quarter and 55.4% for the next.
Yearly Top and Bottom Value
SALMAR’s stock is valued at kr490.00 at 22:20 EST, way under its 52-week high of kr727.50 and way above its 52-week low of kr305.00.
More news about SALMAR.
2. SPAREBANKEN MØRE (MORG.OL)
34.3% sales growth and 10.71% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr15.52.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.9. Meaning, the purchaser of the share is investing kr4.9 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 10.71%.
Moving Average
SPAREBANKEN MØRE’s value is below its 50-day moving average of kr78.18 and under its 200-day moving average of kr77.11.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 30, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 5.32%.
Volume
Today’s last reported volume for SPAREBANKEN MØRE is 90 which is 99.82% below its average volume of 52070.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 72% and positive 34.8% for the next.
More news about SPAREBANKEN MØRE.
3. SPBK 1 ØSTLANDET (SPOL.OL)
25% sales growth and 10.98% return on equity
SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. The company operates as a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr11.9.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 10.47. Meaning, the purchaser of the share is investing kr10.47 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 10.98%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.3%, now sitting on 4.61B for the twelve trailing months.
More news about SPBK 1 ØSTLANDET.
4. EDP RENOVAVEIS (EDPR.LS)
20.1% sales growth and 7.23% return on equity
EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. The company operates wind and solar farms. As of December 31, 2021, it had an installed capacity of 5,908 megawatts in the United States; 2,194 megawatts in Spain; 795 megawatts in Brazil; and 1,142 megawatts in Portugal. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. operates as a subsidiary of EDP-Energias de Portugal, S.A.
Earnings Per Share
As for profitability, EDP RENOVAVEIS has a trailing twelve months EPS of €0.61.
PE Ratio
EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 30.67. Meaning, the purchaser of the share is investing €30.67 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 7.23%.
Yearly Top and Bottom Value
EDP RENOVAVEIS’s stock is valued at €18.71 at 22:20 EST, way under its 52-week high of €26.87 and above its 52-week low of €18.65.
Moving Average
EDP RENOVAVEIS’s value is under its 50-day moving average of €20.18 and way below its 200-day moving average of €21.19.
More news about EDP RENOVAVEIS.
5. TIPIAK (TIPI.PA)
13.7% sales growth and 6.82% return on equity
Tipiak Société Anonyme, a food company, manufactures prepared food products, frozen ready-meals, pastry products, groceries, and crusty bread products. The company offers groceries, such as breadcrumbs, cereals, couscous, croutons, Japanese pearls, potato starch, quinoa, and tapioca; frozen products, including savory products, appetizers, and side dishes with grains; and frozen sweet products comprising macarons, mini eclairs, and petits fours. It sells its products in France, England, and the United States. The company was founded in 1830 and is based in Saint-Aignan-Grandlieu, France.
Earnings Per Share
As for profitability, TIPIAK has a trailing twelve months EPS of €3.7.
PE Ratio
TIPIAK has a trailing twelve months price to earnings ratio of 16.49. Meaning, the purchaser of the share is investing €16.49 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 6.82%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.9%, now sitting on 239.37M for the twelve trailing months.
More news about TIPIAK.
6. WEBSTEP (WSTEP.OL)
11.6% sales growth and 11.66% return on equity
Webstep ASA, together with its subsidiaries, provides information technology (IT) consultancy services to public and private businesses in Norway and Sweden. The company offers digitalization, cloud migration and integration, Internet of Things, machine learning, IT security, robotics, and analytics. Its services include consulting, digitalization, .Net, Java, open source, full stack, front and back end, user experience, integration, mobility, cloud apps, machine learning, business intelligence, big data, data warehousing, virtual robotics, Devops, application service management, and data science services; and cloud computing, cloud services, integration, sensor technology, product and service development, Beacons, enterprise user experience, web analysis, design team, Amazon Web, Azure, prediction, AI, mobility predictive modelling, predictive modelling, hackathon, business analysis, and search engine optimization services. The company serves banking, finance and insurance, public administration, agriculture and food production, IT and telecommunication, commerce, and transportation industries. The company was founded in 2000 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, WEBSTEP has a trailing twelve months EPS of kr1.39.
PE Ratio
WEBSTEP has a trailing twelve months price to earnings ratio of 21.87. Meaning, the purchaser of the share is investing kr21.87 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 11.66%.
Moving Average
WEBSTEP’s value is way higher than its 50-day moving average of kr26.69 and above its 200-day moving average of kr27.72.
Volume
Today’s last reported volume for WEBSTEP is 258 which is 98.56% below its average volume of 17962.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Apr 29, 2022, the estimated forward annual dividend rate is 1.7 and the estimated forward annual dividend yield is 6.42%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 40% and 68.6%, respectively.
More news about WEBSTEP.
7. IMCD (IMCD.AS)
6.5% sales growth and 19.97% return on equity
IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company offers bioactives, biocides, chelates, functional additives, rheology modifiers, silicones, solubilisers, and solvents; active pharmaceutical, agrochemicals, biopharma, excipients and formulation, nutraceuticals, and regulated synthesis; actives, UV sunscreens, rheology modifiers, thickeners, surfactants, emulsifiers, emollients, elastomers, humectants, waxes, film formers, functional powders, hair styling polymers, hair conditioners, solvents, solubilizers, pigments, pearls, colorants, opacifiers, pearlisers, preservatives, antioxidants, additives, fragrances, and essential oils; and resins and binders, additives, functional fillers, and specialty solvents. It also provides taste, texture, nutrition, and function; base oil, fuel addictive, lubricants addictive, lubricants finished fluids, solvents, degreasers and fuel, compounds, and upstream, midstream and downstream oil, gas and energy; bio-based chemicals, binders, corrosion inhibitors, catalysts, intermediates, monomers, organic building blocks, processing aids, reactive diluents, solvents, and surfactants. IMCD N.V. was founded in 1995 and is headquartered in Rotterdam, the Netherlands.
Earnings Per Share
As for profitability, IMCD has a trailing twelve months EPS of €5.49.
PE Ratio
IMCD has a trailing twelve months price to earnings ratio of 25.79. Meaning, the purchaser of the share is investing €25.79 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 19.97%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 2.37 and the estimated forward annual dividend yield is 1.68%.
Sales Growth
IMCD’s sales growth is 21.3% for the current quarter and 6.5% for the next.
More news about IMCD.
