(VIANEWS) – AURSKOG SPAREBANK (AURG.OL), SPAREBANKEN SØR (SOR.OL), SMARTCRAFT (SMCRT.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%.
Dividend Yield
As claimed 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%.
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2. SPAREBANKEN SØR (SOR.OL)
33.4% sales growth and 9.48% return on equity
Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Earnings Per Share
As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr13.44.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.45. Meaning, the purchaser of the share is investing kr9.45 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 9.48%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 35.8%, now sitting on 2.98B for the twelve trailing months.
Sales Growth
SPAREBANKEN SØR’s sales growth is 36.2% for the current quarter and 33.4% for the next.
Volume
Today’s last reported volume for SPAREBANKEN SØR is 1489 which is 66.57% below its average volume of 4455.
Yearly Top and Bottom Value
SPAREBANKEN SØR’s stock is valued at kr127.00 at 02:20 EST, under its 52-week high of kr136.00 and higher than its 52-week low of kr116.00.
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3. SMARTCRAFT (SMCRT.OL)
23.7% sales growth and 10.68% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.52.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 41.15. Meaning, the purchaser of the share is investing kr41.15 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 10.68%.
Yearly Top and Bottom Value
SMARTCRAFT’s stock is valued at kr21.40 at 02:20 EST, way under its 52-week high of kr24.10 and way above its 52-week low of kr13.04.
Volume
Today’s last reported volume for SMARTCRAFT is 22056 which is 71.48% below its average volume of 77357.
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4. SPAREBANK 1 SR-BK (SRBNK.OL)
20.5% sales growth and 12.1% return on equity
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. The company operates through Retail customers, SME & Agriculture, and Large Corporates segments. It offers its products and services in the areas of savings, loans, insurance, and pensions. The company also provides foreign exchange, administrative securities, commercial properties, leasing, accounting, advisory, estate agency, payroll/HR, securities trading, and investments services; green loans; credit and debit cards; consulting; and banking services. In addition, it facilitates debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It also serves retail and corporate, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr13.32.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 9.75. Meaning, the purchaser of the share is investing kr9.75 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 12.1%.
Moving Average
SPAREBANK 1 SR-BK’s value is higher than its 50-day moving average of kr125.46 and higher than its 200-day moving average of kr119.69.
Yearly Top and Bottom Value
SPAREBANK 1 SR-BK’s stock is valued at kr129.90 at 02:20 EST, below its 52-week high of kr131.90 and way higher than its 52-week low of kr98.65.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17%, now sitting on 7.31B for the twelve trailing months.
Sales Growth
SPAREBANK 1 SR-BK’s sales growth for the next quarter is 20.5%.
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5. KITRON (KIT.OL)
16.8% sales growth and 29.51% return on equity
Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.
Earnings Per Share
As for profitability, KITRON has a trailing twelve months EPS of kr2.52.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 15.93. Meaning, the purchaser of the share is investing kr15.93 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 29.51%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 1.27%.
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6. PROTECTOR FORSIKRG (PROT.OL)
15.2% sales growth and 37.86% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr15.19.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 11.06. Meaning, the purchaser of the share is investing kr11.06 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 37.86%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 90.5% and a drop 53.4% for the next.
Yearly Top and Bottom Value
PROTECTOR FORSIKRG’s stock is valued at kr168.00 at 02:20 EST, under its 52-week high of kr173.80 and way above its 52-week low of kr107.60.
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7. JÆREN SPAREBANK (JAREN.OL)
6.2% sales growth and 9.2% return on equity
Jæren Sparebank provides various financial products and services in Norway. It offers accounts; bank guarantees, construction loans, overdrafts, leasing services, and corporate loans; payment and cards services; and savings and pension products. The company also provides liability, health, personal, occupational injuries, travel, accident, business, shop, property, craft, commercial, landlord, and vehicle insurance products, as well as insurance for farm building agriculture, and operating tools and crops. It serves construction, property, trade and services, and agriculture industries. The company is headquartered in Bryne, Norway.
Earnings Per Share
As for profitability, JÆREN SPAREBANK has a trailing twelve months EPS of kr21.
PE Ratio
JÆREN SPAREBANK has a trailing twelve months price to earnings ratio of 12.1. Meaning, the purchaser of the share is investing kr12.1 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 9.2%.
Yearly Top and Bottom Value
JÆREN SPAREBANK’s stock is valued at kr254.00 at 02:20 EST, below its 52-week high of kr270.00 and way above its 52-week low of kr210.00.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.1%, now sitting on 446.13M for the twelve trailing months.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.3%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 15.1% and a drop 1% for the next.
More news about JÆREN SPAREBANK.
