(VIANEWS) – SPAREBANKEN SØR (SOR.OL), TGS (TGS.OL), SPBK1 RINGERIKE (RING.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. SPAREBANKEN SØR (SOR.OL)
33.4% sales growth and 9.48% return on equity
Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Earnings Per Share
As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr13.44.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.38. Meaning, the purchaser of the share is investing kr9.38 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 9.48%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 69.6% and 64.8%, respectively.
Moving Average
SPAREBANKEN SØR’s worth is higher than its 50-day moving average of kr125.12 and below its 200-day moving average of kr127.44.
More news about SPAREBANKEN SØR.
2. TGS (TGS.OL)
27.1% sales growth and 5.01% return on equity
TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include depth and time imaging; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, TGS has a trailing twelve months EPS of kr4.52.
PE Ratio
TGS has a trailing twelve months price to earnings ratio of 28.92. Meaning, the purchaser of the share is investing kr28.92 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 5.01%.
Moving Average
TGS’s worth is way under its 50-day moving average of kr150.23 and way below its 200-day moving average of kr155.59.
Revenue Growth
Year-on-year quarterly revenue growth grew by 31%, now sitting on 757.63M for the twelve trailing months.
More news about TGS.
3. SPBK1 RINGERIKE (RING.OL)
21.7% sales growth and 10.56% return on equity
SpareBank 1 Ringerike Hadeland provides various banking products and services to private and corporate customers in Norway. The company offers saving, current, deposit, and currency accounts; vehicle, house and travel, and animal insurance products, as well as life, child, disability, critical illness, accident, health, and business and personal insurance products; mobile and online banking services; and debit and credit cards. It also provides mortgages; car, boat, and other vehicles; consumer and other loans; and bank guarantees, corporate and construction loans, liquidity loans with a government guarantee, and operating credit for agriculture, as well as factoring, leasing, and overdraft services. In addition, the company offers services for buying and selling property; accounting services; pension products; and savings and investment products. The company was founded in 1833 and is based in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr26.66.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 11.93. Meaning, the purchaser of the share is investing kr11.93 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 10.56%.
Yearly Top and Bottom Value
SPBK1 RINGERIKE’s stock is valued at kr318.00 at 17:20 EST, below its 52-week high of kr344.00 and higher than its 52-week low of kr304.00.
Volume
Today’s last reported volume for SPBK1 RINGERIKE is 42 which is 69.56% below its average volume of 138.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.8%, now sitting on 973.3M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 28.9% and 49.2%, respectively.
More news about SPBK1 RINGERIKE.
4. TOMRA SYSTEMS (TOM.OL)
9.7% sales growth and 17.05% 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 kr3.79.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 41.17. Meaning, the purchaser of the share is investing kr41.17 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 17.05%.
More news about TOMRA SYSTEMS.
