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

(VIANEWS) – MAGNORA (MGN.OL), SPBK1 NORD-NORGE (NONG.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. MAGNORA (MGN.OL)

965.7% sales growth and 10.56% return on equity

Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MAGNORA has a trailing twelve months EPS of kr0.77.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 38.83. Meaning, the purchaser of the share is investing kr38.83 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 10.56%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 331.6%, now sitting on 104.3M for the twelve trailing months.

More news about MAGNORA.

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 kr9.47.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 10. Meaning, the purchaser of the share is investing kr10 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.

Yearly Top and Bottom Value

SPBK1 NORD-NORGE’s stock is valued at kr94.70 at 22:20 EST, under its 52-week high of kr103.60 and way above its 52-week low of kr78.10.

More news about SPBK1 NORD-NORGE.

3. MONTEA (MONT.BR)

25.8% sales growth and 10.57% return on equity

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specialises in logistical property in Belgium, the Netherlands, France, and Germany. The company is a benchmark player in this market. Montea literally offers its customers the space they need to grow through versatile and innovative property solutions. In this way, Montea creates value for its shareholders. As of 31/03/2023 the property portfolio represented a total space of 1,889,054 m² spread across 92 locations. Montea NV has been listed on Euronext Brussels (MONT) and Euronext Paris (MONTP) since the end of 2006.

Earnings Per Share

As for profitability, MONTEA has a trailing twelve months EPS of €7.55.

PE Ratio

MONTEA has a trailing twelve months price to earnings ratio of 9.83. Meaning, the purchaser of the share is investing €9.83 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 10.57%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MONTEA’s EBITDA is 19.57.

More news about MONTEA.

4. 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 kr12.01.

PE Ratio

SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 10.54. Meaning, the purchaser of the share is investing kr10.54 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%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 89.1% and 46.9%, respectively.

Sales Growth

SPBK 1 ØSTLANDET’s sales growth is 44.6% for the current quarter and 25% for the next.

Yearly Top and Bottom Value

SPBK 1 ØSTLANDET’s stock is valued at kr126.60 at 22:20 EST, below its 52-week high of kr129.60 and way above its 52-week low of kr104.00.

Moving Average

SPBK 1 ØSTLANDET’s value is above its 50-day moving average of kr122.64 and above its 200-day moving average of kr117.03.

More news about SPBK 1 ØSTLANDET.

5. TOMRA SYSTEMS (TOM.OL)

17.6% sales growth and 15.76% return on equity

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.

Earnings Per Share

As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.42.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 50.88. Meaning, the purchaser of the share is investing kr50.88 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 15.76%.

Sales Growth

TOMRA SYSTEMS’s sales growth is 25.6% for the current quarter and 17.6% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 4.2% and positive 40% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TOMRA SYSTEMS’s EBITDA is 4.07.

More news about TOMRA SYSTEMS.

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