(VIANEWS) – AMSC (AMSC.OL), SCATEC (SCATC.OL), SPAREBANKEN VEST (SVEG.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, invests in maritime assets and companies in the United States. It operates one international 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 incorporated in 2005 and is headquartered in Lysaker, Norway.
Earnings Per Share
As for profitability, AMSC has a trailing twelve months EPS of kr-1.73.
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%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 5.28 and the estimated forward annual dividend yield is 12.8%.
Yearly Top and Bottom Value
AMSC’s stock is valued at kr31.75 at 22:20 EST, below its 52-week low of kr34.15.
More news about AMSC.
2. SCATEC (SCATC.OL)
111% sales growth and 11.65% return on equity
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr4.24.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 17.35. Meaning, the purchaser of the share is investing kr17.35 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 11.65%.
More news about SCATEC.
3. SPAREBANKEN VEST (SVEG.OL)
19.5% sales growth and 15.65% return on equity
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in home mortgage activities. Sparebanken Vest was founded in 1823 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN VEST has a trailing twelve months EPS of kr14.02.
PE Ratio
SPAREBANKEN VEST 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 15.65%.
Sales Growth
SPAREBANKEN VEST’s sales growth is 21.6% for the present quarter and 19.5% for the next.
Volume
Today’s last reported volume for SPAREBANKEN VEST is 42786 which is 33.47% below its average volume of 64319.
Yearly Top and Bottom Value
SPAREBANKEN VEST’s stock is valued at kr128.02 at 22:20 EST, under its 52-week high of kr128.40 and way higher than its 52-week low of kr93.40.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 27.8% and 15.1%, respectively.
More news about SPAREBANKEN VEST.
4. SPBK1 RINGERIKE (RING.OL)
17.2% sales growth and 10.18% return on equity
SpareBank 1 Ringerike Hadeland, a regional savings bank, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides business, vehicle, and construction loans; financing services, such as agricultural operating credit, factoring, overdraft, and leasing; bank guarantees; insurance products, including business, personal, and agricultural insurance products; pension products; and savings and investment products. In addition, the company offers debit and credit cards, as well as mobile and online banking services. Further, it provides real estate brokerage services; and accounting, payroll, and counselling services. The company offers its services through its digital platforms and customer centers. SpareBank 1 Ringerike Hadeland was founded in 1833 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SPBK1 RINGERIKE has a trailing twelve months EPS of kr30.24.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 9.72. Meaning, the purchaser of the share is investing kr9.72 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 10.18%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 5.2%, now sitting on 1.07B for the twelve trailing months.
Sales Growth
SPBK1 RINGERIKE’s sales growth is 23.3% for the ongoing quarter and 17.2% for the next.
Volume
Today’s last reported volume for SPBK1 RINGERIKE is 3817 which is 47.6% above its average volume of 2586.
Yearly Top and Bottom Value
SPBK1 RINGERIKE’s stock is valued at kr294.00 at 22:20 EST, way under its 52-week high of kr334.00 and higher than its 52-week low of kr278.00.
More news about SPBK1 RINGERIKE.
5. KONGSBERG GRUPPEN (KOG.OL)
14.7% sales growth and 25.08% return on equity
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.
Earnings Per Share
As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr23.23.
PE Ratio
KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 37.73. Meaning, the purchaser of the share is investing kr37.73 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 25.08%.
Sales Growth
KONGSBERG GRUPPEN’s sales growth is 15.3% for the present quarter and 14.7% for the next.
Moving Average
KONGSBERG GRUPPEN’s value is way above its 50-day moving average of kr740.18 and way above its 200-day moving average of kr550.93.
More news about KONGSBERG GRUPPEN.
6. KID (KID.OL)
9.5% 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 kr7.72.
PE Ratio
KID has a trailing twelve months price to earnings ratio of 20.16. Meaning, the purchaser of the share is investing kr20.16 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 24.25%.
Moving Average
KID’s worth is way above its 50-day moving average of kr139.78 and way higher than its 200-day moving average of kr113.03.
Sales Growth
KID’s sales growth is 14.8% for the current quarter and 9.5% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 93.9% and 8.9%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 13%, now sitting on 3.41B for the twelve trailing months.
More news about KID.
