GJENSIDIGE FORSIKR And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – GJENSIDIGE FORSIKR (GJF.OL), NORBIT (NORBT.OL), VERALLIA (VRLA.PA) 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. GJENSIDIGE FORSIKR (GJF.OL)

83.1% sales growth and 21.65% return on equity

Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr9.41.

PE Ratio

GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 18.36. Meaning, the purchaser of the share is investing kr18.36 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 21.65%.

Volume

Today’s last reported volume for GJENSIDIGE FORSIKR is 38678 which is 88.4% below its average volume of 333709.

Revenue Growth

Year-on-year quarterly revenue growth grew by 32%, now sitting on 35.36B for the twelve trailing months.

More news about GJENSIDIGE FORSIKR.

2. NORBIT (NORBT.OL)

22% sales growth and 24.78% return on equity

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr2.4.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 21.83. Meaning, the purchaser of the share is investing kr21.83 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 24.78%.

More news about NORBIT.

3. VERALLIA (VRLA.PA)

19.7% sales growth and 38.09% return on equity

Verallia Société Anonyme produces and sells glass packaging products for beverages and food industry worldwide. It also provides bottles for still and sparkling wines, spirits, beers, soft drinks, and oils. The company offers jars for baby food, dairy products, jams, honey, spreads, condiments, sauces, and preserves. Verallia Société Anonyme was founded in 1827 and is based in Courbevoie, France.

Earnings Per Share

As for profitability, VERALLIA has a trailing twelve months EPS of €2.92.

PE Ratio

VERALLIA has a trailing twelve months price to earnings ratio of 11.88. Meaning, the purchaser of the share is investing €11.88 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 38.09%.

Yearly Top and Bottom Value

VERALLIA’s stock is valued at €34.70 at 17:20 EST, way below its 52-week high of €40.20 and way higher than its 52-week low of €20.36.

Revenue Growth

Year-on-year quarterly revenue growth grew by 27.2%, now sitting on 3.35B for the twelve trailing months.

More news about VERALLIA.

4. LERØY SEAFOOD GP (LSG.OL)

10.7% sales growth and 15.65% return on equity

Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready-to-eat and ready-to-cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products. Lerøy Seafood Group ASA markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to shops, restaurants, canteens, and hotels. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.

Earnings Per Share

As for profitability, LERØY SEAFOOD GP has a trailing twelve months EPS of kr5.2.

PE Ratio

LERØY SEAFOOD GP has a trailing twelve months price to earnings ratio of 7.86. Meaning, the purchaser of the share is investing kr7.86 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 15.65%.

Moving Average

LERØY SEAFOOD GP’s worth is way below its 50-day moving average of kr49.79 and way under its 200-day moving average of kr50.90.

More news about LERØY SEAFOOD GP.

Leave a Reply

Your email address will not be published. Required fields are marked *