TGS And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – TGS (TGS.OL), SALMAR (SALM.OL), X-FAB (XFAB.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. TGS (TGS.OL)

37.1% sales growth and 4.74% 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 kr4.98.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 27.89. Meaning, the purchaser of the share is investing kr27.89 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.74%.

Sales Growth

TGS’s sales growth for the next quarter is 37.1%.

Yearly Top and Bottom Value

TGS’s stock is valued at kr138.90 at 12:20 EST, way below its 52-week high of kr205.20 and way above its 52-week low of kr118.90.

More news about TGS.

2. SALMAR (SALM.OL)

35.5% sales growth and 6.75% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr6.45.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 78.33. Meaning, the purchaser of the share is investing kr78.33 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.75%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 41.2%, now sitting on 23.85B for the twelve trailing months.

More news about SALMAR.

3. X-FAB (XFAB.PA)

23.3% sales growth and 13.03% return on equity

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It also provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services. The company serves integrated device manufacturers, original equipment manufacturers, and fabless semiconductor companies. It operates in Belgium, Germany, the United Kingdom, Austria, France, Switzerland, Denmark, Sweden, Finland, Netherlands, Ireland, Singapore, China, Japan, Thailand, Malaysia, Korea, Taiwan, Hong Kong, New Zealand, the United States, and internationally. The company was founded in 1992 and is based in Tessenderlo, Belgium.

Earnings Per Share

As for profitability, X-FAB has a trailing twelve months EPS of €0.74.

PE Ratio

X-FAB has a trailing twelve months price to earnings ratio of 14.05. Meaning, the purchaser of the share is investing €14.05 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.03%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

X-FAB’s EBITDA is 17.73.

More news about X-FAB.

4. BAKKAFROST (BAKKA.OL)

11.7% sales growth and 13.83% return on equity

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products under the Bakkafrost and Havsbrún brands in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through four segments: Farming FO; Farming SCT; Value Added Products; and Fishmeal, Oil and Fish Feed. The company is involved in the breeding and on-growing of salmon; harvesting, sale, and distribution of salmon; salmon farming, harvest, filleting, sales, and administration; and production of skinless and boneless portions of salmon. It also produces and sells fishmeal, fish oil, and fish feed. In addition, it engages in production of styrofoam boxes, and biogas and fertilizer; and operates trading of fishes, lumpfish farming business, and freight transportation of goods, as well as produce and sell canned fish products. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

Earnings Per Share

As for profitability, BAKKAFROST has a trailing twelve months EPS of kr11.53.

PE Ratio

BAKKAFROST has a trailing twelve months price to earnings ratio of 40.28. Meaning, the purchaser of the share is investing kr40.28 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.83%.

More news about BAKKAFROST.

5. ORKLA (ORK.OL)

9.1% 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 14.94. Meaning, the purchaser of the share is investing kr14.94 for every norwegian krone of annual earnings.

Return on Equity

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%.

Moving Average

ORKLA’s worth is below its 50-day moving average of kr80.80 and above its 200-day moving average of kr77.10.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ORKLA’s EBITDA is 34.71.

Volume

Today’s last reported volume for ORKLA is 301353 which is 62.8% below its average volume of 810248.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.6%, now sitting on 64.1B for the twelve trailing months.

More news about ORKLA.

6. HÖEGH AUTOLINERS (HAUTO.OL)

7.9% sales growth and 43.85% return on equity

Höegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide. The company offers transportation services for agricultural, automotive, boats, breakbulk, construction and mining equipment, machineries, power equipment, railcars and tramways, trucks, buses, equipment handling, and trailers. It also provides shortsea, terminal, and supply chain management services. Höegh Autoliners ASA was founded in 1927 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, HÖEGH AUTOLINERS has a trailing twelve months EPS of kr26.66.

PE Ratio

HÖEGH AUTOLINERS has a trailing twelve months price to earnings ratio of 3.09. Meaning, the purchaser of the share is investing kr3.09 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 43.85%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Aug 21, 2023, the estimated forward annual dividend rate is 11.28 and the estimated forward annual dividend yield is 13.59%.

Volume

Today’s last reported volume for HÖEGH AUTOLINERS is 319992 which is 56.2% below its average volume of 730716.

Revenue Growth

Year-on-year quarterly revenue growth grew by 11.7%, now sitting on 1.4B for the twelve trailing months.

Moving Average

HÖEGH AUTOLINERS’s value is higher than its 50-day moving average of kr77.33 and way above its 200-day moving average of kr65.92.

More news about HÖEGH AUTOLINERS.

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