(VIANEWS) – SPAREBANK 1 SMN (MING.OL), VOLUE (VOLUE.OL), SALMAR (SALM.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. SPAREBANK 1 SMN (MING.OL)
19.7% sales growth and 13.76% return on equity
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, car, boat, other vehicles, and consumer loans; refinancing; and current, savings, billing, business, group, tax deduction, currency, and deposit accounts. It also provides BSU house savings for young people; fixed interest deposits; stocks and investments; cash services; and payments. In addition, the company offers vehicle, housing and travel, person, animal, and valuables insurance services; property buying and selling advisory services; and mobile and online banking, and various cards. Further, it offers loans and financing, including bank guarantees, business and construction loans, operating credit for agriculture, factoring, guarantees, leasing, and overdrafts; various pension products; and business and personal insurance products. Additionally, the company provides document collection, letter of credit, future business, and currency option services; and services, including accounting and payroll, HR, taxes and duties, and transfer of ownership, as well as IT solutions. It offers real estate agency, advisory, and external and equity financing services. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SMN has a trailing twelve months EPS of kr16.09.
PE Ratio
SPAREBANK 1 SMN has a trailing twelve months price to earnings ratio of 8.75. Meaning, the purchaser of the share is investing kr8.75 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 13.76%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 97.5%, now sitting on 7.61B for the twelve trailing months.
More news about SPAREBANK 1 SMN.
2. VOLUE (VOLUE.OL)
19.6% sales growth and 5.44% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.36.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 72.22. Meaning, the purchaser of the share is investing kr72.22 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 5.44%.
Volume
Today’s last reported volume for VOLUE is 26753 which is 79.31% below its average volume of 129314.
Earnings Before Interest, Taxes, Depreciation, and Amortization
VOLUE’s EBITDA is 50.29.
Moving Average
VOLUE’s worth is way above its 50-day moving average of kr21.29 and way higher than its 200-day moving average of kr20.06.
Yearly Top and Bottom Value
VOLUE’s stock is valued at kr26.00 at 16:20 EST, way below its 52-week high of kr31.40 and way higher than its 52-week low of kr16.00.
More news about VOLUE.
3. SALMAR (SALM.OL)
16% sales growth and 11.62% 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 Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities. In addition, the company offers fish fillets and related products. 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 kr6.56.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 98.72. Meaning, the purchaser of the share is investing kr98.72 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 11.62%.
More news about SALMAR.
4. SPBK 1 ØSTLANDET (SPOL.OL)
12.7% sales growth and 10.95% return on equity
SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company operates through Retail, Corporate, and Organisation Market and Capital Market segments. The Retail segment provides financial services comprising of savings, money transfer, insurance, accident prevention, financing, money transfer, capital, and investment management services. The Corporate segment offers interest rate, currency hedging, and investment related services, as well as insurance services for property. The Organisation Market and Capital Market segment provides risk based advisory solutions to high-net-worth individuals and corporates, as well as engages in foreign currency services. SpareBank 1 Østlandet was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet operates as a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr13.28.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 9.13. Meaning, the purchaser of the share is investing kr9.13 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 10.95%.
Moving Average
SPBK 1 ØSTLANDET’s worth is below its 50-day moving average of kr126.31 and under its 200-day moving average of kr127.71.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 22, 2024, the estimated forward annual dividend rate is 7.8 and the estimated forward annual dividend yield is 6.37%.
Sales Growth
SPBK 1 ØSTLANDET’s sales growth is 8.4% for the ongoing quarter and 12.7% for the next.
Volume
Today’s last reported volume for SPBK 1 ØSTLANDET is 20667 which is 25.71% below its average volume of 27822.
More news about SPBK 1 ØSTLANDET.
5. MONTEA (MONT.BR)
10.1% sales growth and 8.42% return on equity
Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany. The company is a benchmark player in this market. Montea literally offers its customers the space to grow through versatile and innovative property solutions. In this way, Montea creates value for its shareholders. As of 31/12/2023 the property portfolio represented a total surface of 1,959,242 m², spread across 95 locations. Montea NV has been listed on Euronext Brussels (MONT) and Euronext Paris (MONTP) since the end of 2006.
Earnings Per Share
As for profitability, MONTEA has a trailing twelve months EPS of €6.46.
PE Ratio
MONTEA has a trailing twelve months price to earnings ratio of 12.01. Meaning, the purchaser of the share is investing €12.01 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 8.42%.
Sales Growth
MONTEA’s sales growth is 9% for the ongoing quarter and 10.1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MONTEA’s EBITDA is 17.57.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 19, 2023, the estimated forward annual dividend rate is 3.3 and the estimated forward annual dividend yield is 4.33%.
Moving Average
MONTEA’s value is below its 50-day moving average of €81.94 and higher than its 200-day moving average of €74.47.
More news about MONTEA.
6. KID (KID.OL)
6.5% sales growth and 24.25% return on equity
Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, furniture, and other interior products through retail stores and online platforms. The company provides its products under the Kid, Hemtex, Dekosol, Nordun, and Premium Collection brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS and changed its name to Kid ASA. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.
Earnings Per Share
As for profitability, KID has a trailing twelve months EPS of kr5.89.
PE Ratio
KID has a trailing twelve months price to earnings ratio of 21.6. Meaning, the purchaser of the share is investing kr21.6 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 24.25%.
Sales Growth
KID’s sales growth is 6.4% for the ongoing quarter and 6.5% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
KID’s EBITDA is 22.58.
Yearly Top and Bottom Value
KID’s stock is valued at kr127.20 at 16:20 EST, way below its 52-week high of kr143.80 and way higher than its 52-week low of kr71.40.
More news about KID.
