(VIANEWS) – SALMAR (SALM.OL), SPBK1 NORD-NORGE (NONG.OL), SPAREBANKEN ØST (SPOG.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 kr30.69.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 14.87. Meaning, the purchaser of the share is investing kr14.87 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 20.22%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45%, now sitting on 22.13B for the twelve trailing months.
Yearly Top and Bottom Value
SALMAR’s stock is valued at kr456.50 at 12:20 EST, way under its 52-week high of kr727.50 and way above its 52-week low of kr305.00.
Volume
Today’s last reported volume for SALMAR is 81018 which is 72.44% below its average volume of 293976.
More news about SALMAR.
2. SPBK1 NORD-NORGE (NONG.OL)
28.5% sales growth and 13.71% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr9.28.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 10.12. Meaning, the purchaser of the share is investing kr10.12 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 13.71%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37.9%, now sitting on 4.37B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 99.3% and a drop 26.2% for the next.
More news about SPBK1 NORD-NORGE.
3. SPAREBANKEN ØST (SPOG.OL)
27.1% sales growth and 7.22% 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 kr5.28.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 9.2. Meaning, the purchaser of the share is investing kr9.2 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 7.22%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.7%, now sitting on 745.5M for the twelve trailing months.
Volume
Today’s last reported volume for SPAREBANKEN ØST is 8206 which is 52.82% below its average volume of 17396.
More news about SPAREBANKEN ØST.
4. KITRON (KIT.OL)
24.3% 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 kr2.12.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 19.93. Meaning, the purchaser of the share is investing kr19.93 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 24.07%.
Moving Average
KITRON’s worth is higher than its 50-day moving average of kr40.57 and way above its 200-day moving average of kr28.90.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 54.1% and 68.3%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
KITRON’s EBITDA is 15.66.
More news about KITRON.
5. VOLUE (VOLUE.OL)
17.4% sales growth and 3.91% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.23.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 83.91. Meaning, the purchaser of the share is investing kr83.91 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 3.91%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
VOLUE’s EBITDA is 1.72.
More news about VOLUE.
