(VIANEWS) – AMSC (AMSC.OL), SPBK1 HELGELAND (HELG.OL), SPAREBANKEN ØST (SPOG.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. AMSC (AMSC.OL)
1395% sales growth and 8.21% return on equity
AMSC ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company purchases and bareboat charters out vessels to operators and end users. It operates a fleet of nine product tankers, one shuttle tanker, and one subsea construction vessel. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was founded in 2005 and is headquartered in Lysaker, Norway.
Earnings Per Share
As for profitability, AMSC has a trailing twelve months EPS of kr2.13.
PE Ratio
AMSC has a trailing twelve months price to earnings ratio of 12.16. Meaning, the purchaser of the share is investing kr12.16 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 8.21%.
More news about AMSC.
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 kr16.
PE Ratio
SPBK1 HELGELAND has a trailing twelve months price to earnings ratio of 7.5. Meaning, the purchaser of the share is investing kr7.5 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%.
Sales Growth
SPBK1 HELGELAND’s sales growth for the next quarter is 13.7%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 30, 2023, the estimated forward annual dividend rate is 10.26 and the estimated forward annual dividend yield is 8.48%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 260.7%, now sitting on 571M for the twelve trailing months.
More news about SPBK1 HELGELAND.
3. SPAREBANKEN ØST (SPOG.OL)
11.3% sales growth and 7.72% return on equity
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; current accounts; home mortgage loans; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, and leisure insurance products, as well as life and health insurance products; and shares and funds trading services. In addition, the company buys, sells, and stores cryptocurrencies, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr6.35.
PE Ratio
SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 7.43. Meaning, the purchaser of the share is investing kr7.43 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 7.72%.
Moving Average
SPAREBANKEN ØST’s worth is below its 50-day moving average of kr47.38 and under its 200-day moving average of kr47.46.
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4. SATS (SATS.OL)
10.5% sales growth and 3.89% return on equity
Sats ASA provides fitness and training services in Norway, Sweden, Denmark, and Finland. The company offers sportswear, fitness gear, bars, and energy drinks. It operates 275 fitness clubs under the SATS, ELIXIA, Fresh Fitness, SATSonline and SATSYoga brands. The company was founded in 1995 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SATS has a trailing twelve months EPS of kr0.17.
PE Ratio
SATS has a trailing twelve months price to earnings ratio of 76.71. Meaning, the purchaser of the share is investing kr76.71 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 3.89%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 73.1% and 109.5%, respectively.
Volume
Today’s last reported volume for SATS is 98491 which is 59.85% below its average volume of 245317.
Sales Growth
SATS’s sales growth is 16.1% for the ongoing quarter and 10.5% for the next.
Yearly Top and Bottom Value
SATS’s stock is valued at kr13.04 at 16:20 EST, under its 52-week high of kr13.24 and way above its 52-week low of kr6.30.
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5. ODFJELL TECHNOLOGY (OTL.OL)
6.6% sales growth and 34.07% return on equity
Odfjell Technology Ltd., a technology and engineering company, provides well, drilling, and engineering services in Norway, Europe, Asia, the United Kingdom, and internationally. The company operates through three segments: Well Services; Operations; and Projects & Engineering. The Well Services segment provides casing and tubular running services, including automated and conventional; drilling tool and tubular rental services; and specialist well intervention products and services for exploration wells and for production. The Operations segment engages in the production of drilling and well completion on client's rigs. This segment is also involved in the slot recovery, plug and abandonment, work-overs, and maintenance activities; and provision of platform drilling services on both fixed production platforms and on floating production platforms with subsea blowout preventers along with the management and performance of the services on leased Jack-up rigs. The Projects & Engineering segment offers engineering and integrity services, including design and engineering to building supervision; and project management and operational support for units in operation, newbuild projects, and SPS/RS recertification projects and yard stays. The company was founded in 1973 and is headquartered in Aberdeen, the United Kingdom.
Earnings Per Share
As for profitability, ODFJELL TECHNOLOGY has a trailing twelve months EPS of kr7.92.
PE Ratio
ODFJELL TECHNOLOGY has a trailing twelve months price to earnings ratio of 6.83. Meaning, the purchaser of the share is investing kr6.83 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 34.07%.
Moving Average
ODFJELL TECHNOLOGY’s value is higher than its 50-day moving average of kr53.18 and above its 200-day moving average of kr50.08.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ODFJELL TECHNOLOGY’s EBITDA is 0.66.
Volume
Today’s last reported volume for ODFJELL TECHNOLOGY is 65379 which is 37.47% below its average volume of 104569.
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