SPAREBANKEN ØST And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPAREBANKEN ØST (SPOG.OL), KBC (KBC.BR), 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)

29.1% 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; current account; mortgages on homes; and debenture financing of vehicles, 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 kr5.2.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 8.96. Meaning, the purchaser of the share is investing kr8.96 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%.

Moving Average

SPAREBANKEN ØST’s worth is above its 50-day moving average of kr46.29 and below its 200-day moving average of kr47.27.

Revenue Growth

Year-on-year quarterly revenue growth grew by 33.7%, now sitting on 745.5M for the twelve trailing months.

More news about SPAREBANKEN ØST.

2. KBC (KBC.BR)

27.2% sales growth and 13.72% return on equity

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services. It also provides digital and mobile banking services. The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.

Earnings Per Share

As for profitability, KBC has a trailing twelve months EPS of €7.52.

PE Ratio

KBC has a trailing twelve months price to earnings ratio of 8.55. Meaning, the purchaser of the share is investing €8.55 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 13.72%.

More news about KBC.

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 €7.31.

PE Ratio

MONTEA has a trailing twelve months price to earnings ratio of 9.6. Meaning, the purchaser of the share is investing €9.6 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%.

Sales Growth

MONTEA’s sales growth is 5% for the current quarter and 25.8% for the next.

Moving Average

MONTEA’s value is below its 50-day moving average of €75.48 and below its 200-day moving average of €72.40.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24.6%, now sitting on 116.41M for the twelve trailing months.

More news about MONTEA.

4. 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 kr0.22.

PE Ratio

VOLUE has a trailing twelve months price to earnings ratio of 82.18. Meaning, the purchaser of the share is investing kr82.18 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%.

Moving Average

VOLUE’s worth is below its 50-day moving average of kr19.01 and way below its 200-day moving average of kr26.35.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.7%, now sitting on 1.27B for the twelve trailing months.

More news about VOLUE.

5. THERMADOR GROUPE (THEP.PA)

13.9% sales growth and 19.72% return on equity

Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France and internationally. The company offers central heating and domestic hot water accessories, pumps for heating, plumbing equipment, taps, valves for building, ventilation equipment and accessories, industrial valves and fittings, cold water pumps, swimming pool equipment and accessories, air compressors, generators, and welding stations. It also provides pneumatic tools; pumps, household valves, and plumbing for DIY superstores; bathroom and kitchen taps for DIY superstores and retail outlets; sale of parts to boiler manufacturers; domestic pumps and pump accessories; accessories and connectors for central heating and domestic water, and plumbing fitments; pipework for the distribution of building fluids; and valves and connectors for building and industry. In addition, the company offers motorised valves and specialty products for industry and air compressors; technical equipment for pressure, temperature, level, and flow measurement and control; and stainless steel connectors, flanges, valves and accessories. Thermador Groupe SA offers its products to retailers, wholesalers in industrial valves and industrial supplies. The company was founded in 1968 and is headquartered in Saint-Quentin-Fallavier, France.

Earnings Per Share

As for profitability, THERMADOR GROUPE has a trailing twelve months EPS of €6.07.

PE Ratio

THERMADOR GROUPE has a trailing twelve months price to earnings ratio of 13.59. Meaning, the purchaser of the share is investing €13.59 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 19.72%.

Moving Average

THERMADOR GROUPE’s value is way under its 50-day moving average of €92.38 and below its 200-day moving average of €89.05.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 12, 2023, the estimated forward annual dividend rate is 2.08 and the estimated forward annual dividend yield is 2.46%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19%, now sitting on 553.86M for the twelve trailing months.

Yearly Top and Bottom Value

THERMADOR GROUPE’s stock is valued at €82.50 at 02:20 EST, way below its 52-week high of €101.60 and way above its 52-week low of €62.20.

More news about THERMADOR GROUPE.

6. KONGSBERG GRUPPEN (KOG.OL)

13.8% sales growth and 22.35% return on equity

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr17.65.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 26.57. Meaning, the purchaser of the share is investing kr26.57 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 22.35%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 12 and the estimated forward annual dividend yield is 2.53%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 46.4% and 1.4%, respectively.

Sales Growth

KONGSBERG GRUPPEN’s sales growth is 22.6% for the ongoing quarter and 13.8% for the next.

More news about KONGSBERG GRUPPEN.

7. 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 €4.35.

PE Ratio

TIPIAK has a trailing twelve months price to earnings ratio of 14.02. Meaning, the purchaser of the share is investing €14.02 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%.

More news about TIPIAK.

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