(VIANEWS) – AURSKOG SPAREBANK (AURG.OL), SPAREBANKEN MØRE (MORG.OL), SPBK 1 ØSTLANDET (SPOL.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. AURSKOG SPAREBANK (AURG.OL)
44.3% sales growth and 11.51% return on equity
Aurskog Sparebank provides various banking products and services for individuals and corporate customers. The company offers savings accounts; and mortgage, car, construction, and green business loans, as well as bank guarantee, overdraft, and leasing services; and credit cards. It also offers insurance products, including liability, work machine, data attack, farm building, crop operating equipment, property damage, health, homeowners, home, craftsman, commercial vehicle, business, personnel, travel, and occupational injury insurance products, as well as insurance of goods during transport. In addition, the company provides pension, foreign payment, and mobile and online banking services. It operates through its branches in Bjørkelangen, Årnes, Jessheim, and Sørumsand in Norway. Aurskog Sparebank was founded in 1846 and is headquartered in Aurskog, Norway.
Earnings Per Share
As for profitability, AURSKOG SPAREBANK has a trailing twelve months EPS of kr42.38.
PE Ratio
AURSKOG SPAREBANK has a trailing twelve months price to earnings ratio of 5.05. Meaning, the purchaser of the share is investing kr5.05 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.51%.
Volume
Today’s last reported volume for AURSKOG SPAREBANK is 112 which is 93.61% below its average volume of 1753.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 112.5% and 34.8%, respectively.
Yearly Top and Bottom Value
AURSKOG SPAREBANK’s stock is valued at kr214.00 at 02:20 EST, below its 52-week high of kr230.00 and higher than its 52-week low of kr196.00.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 9, 2023, the estimated forward annual dividend rate is 10 and the estimated forward annual dividend yield is 4.76%.
More news about AURSKOG SPAREBANK.
2. SPAREBANKEN MØRE (MORG.OL)
28.7% sales growth and 10.71% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, insurance, and real estate brokerage. Sparebanken Møre was founded in 1843 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, SPAREBANKEN MØRE has a trailing twelve months EPS of kr15.52.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.9. Meaning, the purchaser of the share is investing kr4.9 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.71%.
Yearly Top and Bottom Value
SPAREBANKEN MØRE’s stock is valued at kr76.00 at 02:20 EST, way below its 52-week high of kr88.88 and way higher than its 52-week low of kr67.98.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 36.5% and 37.4%, respectively.
Moving Average
SPAREBANKEN MØRE’s value is below its 50-day moving average of kr76.09 and below its 200-day moving average of kr77.95.
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3. SPBK 1 ØSTLANDET (SPOL.OL)
26% sales growth and 10.98% 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. The company operates as a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr12.01.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 10.61. Meaning, the purchaser of the share is investing kr10.61 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.98%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 91.6% and 48.4%, respectively.
Moving Average
SPBK 1 ØSTLANDET’s worth is higher than its 50-day moving average of kr126.20 and higher than its 200-day moving average of kr119.50.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 6.8 and the estimated forward annual dividend yield is 5.46%.
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4. MOWI (MOWI.OL)
14.7% sales growth and 24.25% return on equity
Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. It offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. The company also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. It offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, MOWI has a trailing twelve months EPS of kr18.64.
PE Ratio
MOWI has a trailing twelve months price to earnings ratio of 9.79. Meaning, the purchaser of the share is investing kr9.79 for every norwegian krone of annual earnings.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.3%, now sitting on 5.21B for the twelve trailing months.
Moving Average
MOWI’s worth is higher than its 50-day moving average of kr176.57 and higher than its 200-day moving average of kr175.57.
Yearly Top and Bottom Value
MOWI’s stock is valued at kr182.50 at 02:20 EST, way below its 52-week high of kr222.00 and way higher than its 52-week low of kr130.15.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MOWI’s EBITDA is 259.21.
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5. MELEXIS (MELE.BR)
11% sales growth and 43.81% return on equity
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.
Earnings Per Share
As for profitability, MELEXIS has a trailing twelve months EPS of €4.94.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 18.81. Meaning, the purchaser of the share is investing €18.81 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 43.81%.
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6. TOMRA SYSTEMS (TOM.OL)
9.7% sales growth and 17.05% return on equity
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.
Earnings Per Share
As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.79.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 38.32. Meaning, the purchaser of the share is investing kr38.32 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.05%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27%, now sitting on 13.75B for the twelve trailing months.
Yearly Top and Bottom Value
TOMRA SYSTEMS’s stock is valued at kr145.25 at 02:20 EST, under its 52-week low of kr151.00.
Volume
Today’s last reported volume for TOMRA SYSTEMS is 113251 which is 65.32% below its average volume of 326581.
Sales Growth
TOMRA SYSTEMS’s sales growth is 16.1% for the present quarter and 9.7% for the next.
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