(VIANEWS) – CLOUDBERRY CLEAN (CLOUD.OL), BW LPG (BWLPG.OL), SPAREBANKEN MØRE (MORG.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. CLOUDBERRY CLEAN (CLOUD.OL)
51.7% sales growth and 7.06% return on equity
Cloudberry Clean Energy ASA operates as a renewable energy company. It operates through four segments: Production, Development, Operations and Corporate. The company engages in the ownership, development, and operation of hydropower plants and wind farms in Norway, Sweden, and Denmark. Cloudberry Clean Energy ASA was incorporated in 2017 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, CLOUDBERRY CLEAN has a trailing twelve months EPS of kr0.87.
PE Ratio
CLOUDBERRY CLEAN has a trailing twelve months price to earnings ratio of 13.68. Meaning, the purchaser of the share is investing kr13.68 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 7.06%.
Volume
Today’s last reported volume for CLOUDBERRY CLEAN is 61266 which is 74.01% below its average volume of 235787.
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2. 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 kr22.34.
PE Ratio
BW LPG has a trailing twelve months price to earnings ratio of 4.65. Meaning, the purchaser of the share is investing kr4.65 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 20.16%.
More news about BW LPG.
3. 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 4.92. Meaning, the purchaser of the share is investing kr4.92 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%.
More news about SPAREBANKEN MØRE.
4. SPAREBANK 1 SØRØ (SOON.OL)
18.8% sales growth and 10.73% return on equity
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr4.79.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing kr10.35 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 10.73%.
Moving Average
SPAREBANK 1 SØRØ’s value is below its 50-day moving average of kr50.13 and below its 200-day moving average of kr52.28.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 40% and 37.3%, respectively.
Sales Growth
SPAREBANK 1 SØRØ’s sales growth for the next quarter is 18.8%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 39.5%, now sitting on 2.79B for the twelve trailing months.
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5. BOUVET (BOUV.OL)
9.7% sales growth and 60.9% return on equity
Bouvet ASA provides IT and digital communication consultancy services for public and private sector companies in Norway, Sweden, and internationally. Bouvet ASA was founded in 1995 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, BOUVET has a trailing twelve months EPS of kr3.09.
PE Ratio
BOUVET has a trailing twelve months price to earnings ratio of 19.51. Meaning, the purchaser of the share is investing kr19.51 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 60.9%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 6.1% and 11.1%, respectively.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 24, 2023, the estimated forward annual dividend rate is 2.5 and the estimated forward annual dividend yield is 4.11%.
Moving Average
BOUVET’s value is below its 50-day moving average of kr65.17 and under its 200-day moving average of kr61.45.
Sales Growth
BOUVET’s sales growth is 12.3% for the ongoing quarter and 9.7% for the next.
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6. KONGSBERG GRUPPEN (KOG.OL)
9.2% sales growth and 26.05% 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 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 kr19.11.
PE Ratio
KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 23.09. Meaning, the purchaser of the share is investing kr23.09 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 26.05%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 12 and the estimated forward annual dividend yield is 2.66%.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2.8% and 5.2%, respectively.
Yearly Top and Bottom Value
KONGSBERG GRUPPEN’s stock is valued at kr441.20 at 07:20 EST, way below its 52-week high of kr494.40 and way above its 52-week low of kr303.40.
Volume
Today’s last reported volume for KONGSBERG GRUPPEN is 17168 which is 89% below its average volume of 156098.
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7. BAKKAFROST (BAKKA.OL)
6.3% 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 kr36.09.
PE Ratio
BAKKAFROST has a trailing twelve months price to earnings ratio of 16.46. Meaning, the purchaser of the share is investing kr16.46 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 13.83%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 25%, now sitting on 7.54B for the twelve trailing months.
Sales Growth
BAKKAFROST’s sales growth is 9% for the current quarter and 6.3% for the next.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 0.8% and positive 65.8% for the next.
Volume
Today’s last reported volume for BAKKAFROST is 32913 which is 54.37% below its average volume of 72138.
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8. 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 11.43. Meaning, the purchaser of the share is investing kr11.43 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%.
Dividend Yield
According to 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%.
Yearly Top and Bottom Value
JÆREN SPAREBANK’s stock is valued at kr240.00 at 07:20 EST, way below its 52-week high of kr270.00 and way higher than its 52-week low of kr210.00.
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