(VIANEWS) – BW LPG (BWLPG.OL), SPAREBANK 1 SR-BK (SRBNK.OL), SPBK1 RINGERIKE (RING.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. BW LPG (BWLPG.OL)
31.1% sales growth and 20.16% return on equity
BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through Shipping and Product Services segments. It is involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. The company also offers integrated liquified petroleum gas (LPG) delivery services directly to buyers and receivers. It owns and operates LPG vessels and a fleet of very large gas carriers. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.
Earnings Per Share
As for profitability, BW LPG has a trailing twelve months EPS of kr33.04.
PE Ratio
BW LPG has a trailing twelve months price to earnings ratio of 3.66. Meaning, the purchaser of the share is investing kr3.66 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 20.16%.
Volume
Today’s last reported volume for BW LPG is 299985 which is 43.77% below its average volume of 533500.
Moving Average
BW LPG’s value is way above its 50-day moving average of kr107.92 and way higher than its 200-day moving average of kr90.51.
Sales Growth
BW LPG’s sales growth is 20.3% for the current quarter and 31.1% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
BW LPG’s EBITDA is 79.74.
More news about BW LPG.
2. SPAREBANK 1 SR-BK (SRBNK.OL)
22% sales growth and 14.33% return on equity
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Norway, Oslo, Rogaland, Vestland, Agder, Telemark, Vestfold, Buskerud, and internationally. 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 account and payment services, international cash management services, foreign exchange, administrative securities, commercial properties, leasing, accounting, estate agency, payroll, HR, securities trading, and investments services; green loans; credit cards; consulting; home financing; and banking services. In addition, it facilitates and advises 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, SME, 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 kr16.27.
PE Ratio
SPAREBANK 1 SR-BK has a trailing twelve months price to earnings ratio of 8.36. Meaning, the purchaser of the share is investing kr8.36 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 14.33%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 19, 2024, the estimated forward annual dividend rate is 7.5 and the estimated forward annual dividend yield is 5.57%.
More news about SPAREBANK 1 SR-BK.
3. SPBK1 RINGERIKE (RING.OL)
16.1% 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 kr28.68.
PE Ratio
SPBK1 RINGERIKE has a trailing twelve months price to earnings ratio of 9.76. Meaning, the purchaser of the share is investing kr9.76 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%.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 21, 2024, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 6.54%.
Moving Average
SPBK1 RINGERIKE’s value is under its 50-day moving average of kr298.40 and under its 200-day moving average of kr304.60.
Sales Growth
SPBK1 RINGERIKE’s sales growth is 22.5% for the ongoing quarter and 16.1% for the next.
More news about SPBK1 RINGERIKE.
4. CTT CORREIOS PORT (CTT.LS)
12.7% sales growth and 19.89% return on equity
CTT – Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. It operates through Mail, Express & Parcels, Financial Services & Retail, and Bank segments. The company offers courier and urgent mail transport services; postal financial services; and banking services. It also engages in the business of payments related to collection of invoices and fines. In addition, the company enables the payment of various services and utilities through a network of approximately 5,000 agents covering business outlets as stationery stores, tobacco shops, kiosks, and supermarkets. It operates a retail network of 566 post offices; 1,808 postal agencies; 223 postal delivery offices; 4,576 postal delivery routes; and a fleet of 3,925 vehicles. The company was formerly known as Correio Publico. CTT – Correios De Portugal, S.A. was founded in 1520 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, CTT CORREIOS PORT has a trailing twelve months EPS of €0.31.
PE Ratio
CTT CORREIOS PORT has a trailing twelve months price to earnings ratio of 13.32. Meaning, the purchaser of the share is investing €13.32 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 19.89%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.6%, now sitting on 970.94M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
CTT CORREIOS PORT’s EBITDA is 137.98.
Yearly Top and Bottom Value
CTT CORREIOS PORT’s stock is valued at €4.13 at 12:20 EST, higher than its 52-week high of €3.81.
Sales Growth
CTT CORREIOS PORT’s sales growth is 0.3% for the ongoing quarter and 12.7% for the next.
More news about CTT CORREIOS PORT.
5. 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 kr1.55.
PE Ratio
AXACTOR has a trailing twelve months price to earnings ratio of 3.01. Meaning, the purchaser of the share is investing kr3.01 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AXACTOR’s EBITDA is 989.79.
Moving Average
AXACTOR’s value is way under its 50-day moving average of kr5.43 and way under its 200-day moving average of kr5.94.
More news about AXACTOR.
