(VIANEWS) – SPBK1 ØSTFOLD AKE (SOAG.OL), SPBK 1 ØSTLANDET (SPOL.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. SPBK1 ØSTFOLD AKE (SOAG.OL)
36.1% sales growth and 11.66% return on equity
SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.
Earnings Per Share
As for profitability, SPBK1 ØSTFOLD AKE has a trailing twelve months EPS of kr35.74.
PE Ratio
SPBK1 ØSTFOLD AKE has a trailing twelve months price to earnings ratio of 8.67. Meaning, the purchaser of the share is investing kr8.67 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%.
Sales Growth
SPBK1 ØSTFOLD AKE’s sales growth is 29.2% for the present quarter and 36.1% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 17.8 and the estimated forward annual dividend yield is 5.74%.
More news about SPBK1 ØSTFOLD AKE.
2. SPBK 1 ØSTLANDET (SPOL.OL)
26% 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 kr12.06.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing kr10.35 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%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 6.8 and the estimated forward annual dividend yield is 5.4%.
Volume
Today’s last reported volume for SPBK 1 ØSTLANDET is 3269 which is 93.09% below its average volume of 47347.
Sales Growth
SPBK 1 ØSTLANDET’s sales growth is 46.1% for the current quarter and 26% for the next.
More news about SPBK 1 ØSTLANDET.
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 €2.86.
PE Ratio
VERALLIA has a trailing twelve months price to earnings ratio of 12.41. Meaning, the purchaser of the share is investing €12.41 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%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 8, 2023, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 4.13%.
Moving Average
VERALLIA’s worth is higher than its 50-day moving average of €35.35 and above its 200-day moving average of €32.34.
Sales Growth
VERALLIA’s sales growth is 27.9% for the present quarter and 19.7% for the next.
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4. KITRON (KIT.OL)
17.4% sales growth and 29.51% 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 kr2.57.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 14.55. Meaning, the purchaser of the share is investing kr14.55 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 29.51%.
Sales Growth
KITRON’s sales growth is 19.8% for the current quarter and 17.4% for the next.
Moving Average
KITRON’s value is way under its 50-day moving average of kr43.44 and way above its 200-day moving average of kr31.75.
Revenue Growth
Year-on-year quarterly revenue growth grew by 31.2%, now sitting on 650.31M for the twelve trailing months.
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5. MELEXIS (MELE.BR)
9.6% sales growth and 41.13% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €4.94.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 18.81. Meaning, the purchaser of the share is investing €18.81 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 41.13%.
Yearly Top and Bottom Value
MELEXIS’s stock is valued at €92.90 at 02:20 EST, way under its 52-week high of €106.90 and way higher than its 52-week low of €66.45.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.2%, now sitting on 880.7M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MELEXIS’s EBITDA is 57.88.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 5.1% and 5.8%, respectively.
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