BAKKAFROST And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – BAKKAFROST (BAKKA.OL), SEABIRD EXPLORAT (SBX.OL), ITERA (ITERA.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. BAKKAFROST (BAKKA.OL)

11.7% sales growth and 13.83% return on equity

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products under the Bakkafrost and Havsbrún brands in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through four segments: Farming FO; Farming SCT; Value Added Products; and Fishmeal, Oil and Fish Feed. The company is involved in the breeding and on-growing of salmon; harvesting, sale, and distribution of salmon; salmon farming, harvest, filleting, sales, and administration; and production of skinless and boneless portions of salmon. It also produces and sells fishmeal, fish oil, and fish feed. In addition, it engages in production of styrofoam boxes, and biogas and fertilizer; and operates trading of fishes, lumpfish farming business, and freight transportation of goods, as well as produce and sell canned fish products. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

Earnings Per Share

As for profitability, BAKKAFROST has a trailing twelve months EPS of kr11.17.

PE Ratio

BAKKAFROST has a trailing twelve months price to earnings ratio of 51.79. Meaning, the purchaser of the share is investing kr51.79 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 13.83%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

BAKKAFROST’s EBITDA is 58.46.

More news about BAKKAFROST.

2. SEABIRD EXPLORAT (SBX.OL)

8.1% sales growth and 21.51% return on equity

SeaBird Exploration Plc, together with its subsidiaries, provides marine 2D and 3D seismic data for the oil and gas industry in Europe, Africa, the Middle East, North and South America, and the Asia Pacific. It offers 2D seismic; and source vessels that provide conventional undershoot, 4D repeat survey, wide azimuth, push reverse, long-term charter and vessel management, in-house source modelling and environmental decay analysis, and spot charter services. The company was founded in 1996 and is based in Nicosia, Cyprus.

Earnings Per Share

As for profitability, SEABIRD EXPLORAT has a trailing twelve months EPS of kr0.32.

PE Ratio

SEABIRD EXPLORAT has a trailing twelve months price to earnings ratio of 14.53. Meaning, the purchaser of the share is investing kr14.53 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 21.51%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 152.4% and 488.9%, respectively.

Moving Average

SEABIRD EXPLORAT’s value is below its 50-day moving average of kr4.85 and above its 200-day moving average of kr4.61.

More news about SEABIRD EXPLORAT.

3. ITERA (ITERA.OL)

7.1% sales growth and 86.07% return on equity

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.76.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 15.26. Meaning, the purchaser of the share is investing kr15.26 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 86.07%.

Volume

Today’s last reported volume for ITERA is 737764 which is 1963.04% above its average volume of 35761.

Revenue Growth

Year-on-year quarterly revenue growth grew by 13.5%, now sitting on 854.94M for the twelve trailing months.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Oct 31, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 2.35%.

Sales Growth

ITERA’s sales growth is 13.5% for the current quarter and 7.1% for the next.

More news about ITERA.

4. AXACTOR (ACR.OL)

5.2% sales growth and 9.72% return on equity

Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. The Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment is also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, AXACTOR has a trailing twelve months EPS of kr1.51.

PE Ratio

AXACTOR has a trailing twelve months price to earnings ratio of 3.31. Meaning, the purchaser of the share is investing kr3.31 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 9.72%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.2%, now sitting on 246.62M for the twelve trailing months.

Volume

Today’s last reported volume for AXACTOR is 128647 which is 53.68% below its average volume of 277768.

More news about AXACTOR.

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