SPBK1 ØSTFOLD AKE And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – SPBK1 ØSTFOLD AKE (SOAG.OL), SPAREBANK 1 SØRØ (SOON.OL), AXACTOR (ACR.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. 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 8.84. Meaning, the purchaser of the share is investing kr8.84 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%.

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%.

Volume

Today’s last reported volume for SPBK1 ØSTFOLD AKE is 4 which is 99.64% below its average volume of 1114.

More news about SPBK1 ØSTFOLD AKE.

2. SPAREBANK 1 SØRØ (SOON.OL)

18.8% sales growth and 10.73% return on equity

SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr4.79.

PE Ratio

SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.69. Meaning, the purchaser of the share is investing kr10.69 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 10.73%.

Moving Average

SPAREBANK 1 SØRØ’s worth is above its 50-day moving average of kr50.13 and under its 200-day moving average of kr52.28.

More news about SPAREBANK 1 SØRØ.

3. AXACTOR (ACR.OL)

17.7% sales growth and 10.18% return on equity

Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AXACTOR has a trailing twelve months EPS of kr1.73.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 3.27. Meaning, the purchaser of the share is investing kr3.27 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 10.18%.

Volume

Today’s last reported volume for AXACTOR is 212587 which is 8.25% above its average volume of 196371.

Yearly Top and Bottom Value

AXACTOR’s stock is valued at kr5.66 at 12:20 EST, way below its 52-week high of kr7.79 and way higher than its 52-week low of kr4.99.

Sales Growth

AXACTOR’s sales growth for the next quarter is 17.7%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AXACTOR’s EBITDA is 989.79.

More news about AXACTOR.

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 40.29. Meaning, the purchaser of the share is investing kr40.29 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%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 1.8 and the estimated forward annual dividend yield is 1.12%.

Sales Growth

TOMRA SYSTEMS’s sales growth is 16.1% for the ongoing quarter and 9.7% for the next.

Moving Average

TOMRA SYSTEMS’s worth is below its 50-day moving average of kr169.29 and way below its 200-day moving average of kr173.01.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TOMRA SYSTEMS’s EBITDA is 3.63.

More news about TOMRA SYSTEMS.

5. ORKLA (ORK.OL)

8.5% sales growth and 13.02% return on equity

Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations. It also provides confectionery, biscuit, and snack products; and develops bran and crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic and wool garments for men, women, and children; and professional cleaning products. Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnessmarket e-commerce portals for health and sports nutrition products; and restaurants. Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties. It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, NATURLI', Abba, Beauvais, Den Gamle Fabrik, Spilva, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; health and sports nutrition under e Zalo, Jif, Bliw, Grumme, Blenda, Define, Möller's, Collett, Nutrilett, Maxim, Norgesplaster, and Salvequick brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands. It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally. The company was founded in 1918 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ORKLA has a trailing twelve months EPS of kr5.32.

PE Ratio

ORKLA has a trailing twelve months price to earnings ratio of 15.1. Meaning, the purchaser of the share is investing kr15.1 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 13.02%.

Sales Growth

ORKLA’s sales growth is 11.4% for the ongoing quarter and 8.5% for the next.

Volume

Today’s last reported volume for ORKLA is 69735 which is 93.29% below its average volume of 1040340.

More news about ORKLA.

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