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

(VIANEWS) – SPBK1 ØSTFOLD AKE (SOAG.OL), BW LPG (BWLPG.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. 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 8.79. Meaning, the purchaser of the share is investing kr8.79 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19%, now sitting on 1.02B for the twelve trailing months.

Moving Average

SPBK1 ØSTFOLD AKE’s worth is under its 50-day moving average of kr315.68 and under its 200-day moving average of kr314.40.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 43.9% and 51.8%, respectively.

More news about SPBK1 ØSTFOLD AKE.

2. BW LPG (BWLPG.OL)

31.1% sales growth and 20.16% return on equity

BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through Shipping and Product Services segments. It is involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. The company also offers integrated liquified petroleum gas (LPG) delivery services directly to buyers and receivers. It owns and operates LPG vessels and a fleet of very large gas carriers. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.

Earnings Per Share

As for profitability, BW LPG has a trailing twelve months EPS of kr22.34.

PE Ratio

BW LPG has a trailing twelve months price to earnings ratio of 4.65. Meaning, the purchaser of the share is investing kr4.65 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 20.16%.

More news about BW LPG.

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 11.63. Meaning, the purchaser of the share is investing kr11.63 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%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 28, 2023, the estimated forward annual dividend rate is 13.1 and the estimated forward annual dividend yield is 4.17%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.8%, now sitting on 973.3M for the twelve trailing months.

Volume

Today’s last reported volume for SPBK1 RINGERIKE is 16 which is 82.97% below its average volume of 94.

More news about SPBK1 RINGERIKE.

4. AXACTOR (ACR.OL)

19.2% 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%.

More news about AXACTOR.

5. WILH. WILHELMSEN A (WWI.OL)

16.9% sales growth and 7.53% return on equity

Wilh. Wilhelmsen Holding ASA provides maritime products and services in Europe, the Oceania, Asia and Africa, and the Americas. It operates through three segments: Maritime Services, New Energy, and Strategic Holdings and Investments. The company offers marine products, including Nalfleet water treatment products to treat and protect on board systems; Unitor chemicals and equipment to clean vessels; Unicool refrigerants; Timm ropes for the maritime industry; Unitor fuel treatment chemicals; Unitor equipment for the maintenance and performance vessels; Unitor cylinders; marine specialty lubricants; and Unitor oil spill equipment and products, and sorbents and booms. It also provides ship agency services to the merchant fleet, as well as ship management services, including manning for various vessels. The company also engages in the operation of supply bases for the offshore industry; development and operation of real estate properties on and off the supply bases; and maintenance of rigs and handling of logistics related to international pipeline projects and windmill parks. Further, it offers technical and crew management services for the offshore wind market, and digital solutions for the shipping industry. Wilh. Wilhelmsen Holding ASA also provides marine and non-marine insurance services; and investment, port, and infrastructure and supply solutions. The company was founded in 1861 and is headquartered in Lysaker, Norway. Wilh. Wilhelmsen Holding ASA is a subsidiary of Tallyman AS.

Earnings Per Share

As for profitability, WILH. WILHELMSEN A has a trailing twelve months EPS of kr51.77.

PE Ratio

WILH. WILHELMSEN A has a trailing twelve months price to earnings ratio of 5.27. Meaning, the purchaser of the share is investing kr5.27 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 7.53%.

Sales Growth

WILH. WILHELMSEN A’s sales growth is 3.4% for the ongoing quarter and 16.9% for the next.

More news about WILH. WILHELMSEN A.

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