ING GROEP N.V. And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – ING GROEP N.V. (INGA.AS), SPBK1 HELGELAND (HELG.OL), BOUVET (BOUV.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. ING GROEP N.V. (INGA.AS)

15.2% sales growth and 14.07% return on equity

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.62.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 7.37. Meaning, the purchaser of the share is investing €7.37 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 14.07%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 63.1%, now sitting on 23.04B for the twelve trailing months.

More news about ING GROEP N.V..

2. SPBK1 HELGELAND (HELG.OL)

13.7% sales growth and 6.16% return on equity

SpareBank 1 Helgeland provides various financial products and services to retail customers, small and medium enterprises, municipal authorities, and institutions in Norway. The company operates in two segments, Retail Market and Corporate Market. It offers savings, investment, and insurance products, as well as leasing and mortgage services. The company is also involved in owning, managing, and letting commercial properties. It operates through branches located in Mosjøen, Brønnøysund, and Sandnessjøen. The company was founded in 1860 and is headquartered in Mo i Rana, Norway.

Earnings Per Share

As for profitability, SPBK1 HELGELAND has a trailing twelve months EPS of kr14.8.

PE Ratio

SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 8.24. Meaning, the purchaser of the share is investing kr8.24 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 6.16%.

Volume

Today’s last reported volume for SPBK1 HELGELAND is 3181 which is 40.87% above its average volume of 2258.

Revenue Growth

Year-on-year quarterly revenue growth grew by 260.7%, now sitting on 571M for the twelve trailing months.

Moving Average

SPBK1 HELGELAND’s worth is under its 50-day moving average of kr122.34 and under its 200-day moving average of kr124.82.

More news about SPBK1 HELGELAND.

3. BOUVET (BOUV.OL)

9.7% sales growth and 60.9% return on equity

Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. Bouvet ASA was founded in 1995 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, BOUVET has a trailing twelve months EPS of kr3.09.

PE Ratio

BOUVET has a trailing twelve months price to earnings ratio of 17.09. Meaning, the purchaser of the share is investing kr17.09 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 60.9%.

More news about BOUVET.

4. AXACTOR (ACR.OL)

5.2% sales growth and 9.72% 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 kr1.72.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 3.07. Meaning, the purchaser of the share is investing kr3.07 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 9.72%.

Sales Growth

AXACTOR’s sales growth is 21.2% for the present quarter and 5.2% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.2%, now sitting on 246.62M for the twelve trailing months.

More news about AXACTOR.

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