GJENSIDIGE FORSIKR And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – GJENSIDIGE FORSIKR (GJF.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. GJENSIDIGE FORSIKR (GJF.OL)

83.1% sales growth and 21.65% return on equity

Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, accident and health, travel, leisure craft, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, GJENSIDIGE FORSIKR has a trailing twelve months EPS of kr9.58.

PE Ratio

GJENSIDIGE FORSIKR has a trailing twelve months price to earnings ratio of 18.88. Meaning, the purchaser of the share is investing kr18.88 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 21.65%.

Yearly Top and Bottom Value

GJENSIDIGE FORSIKR’s stock is valued at kr180.90 at 17:20 EST, way below its 52-week high of kr212.20 and higher than its 52-week low of kr164.50.

Revenue Growth

Year-on-year quarterly revenue growth grew by 32%, now sitting on 35.36B for the twelve trailing months.

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2. SPAREBANKEN MØRE (MORG.OL)

34.3% 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 kr15.56.

PE Ratio

SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.91. Meaning, the purchaser of the share is investing kr4.91 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%.

Moving Average

SPAREBANKEN MØRE’s value is under its 50-day moving average of kr77.50 and below its 200-day moving average of kr77.11.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Mar 30, 2023, the estimated forward annual dividend rate is 4 and the estimated forward annual dividend yield is 5.3%.

Volume

Today’s last reported volume for SPAREBANKEN MØRE is 2220 which is 95.74% below its average volume of 52113.

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3. SPBK 1 ØSTLANDET (SPOL.OL)

25% 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 kr12.13.

PE Ratio

SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 10.31. Meaning, the purchaser of the share is investing kr10.31 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 present quarter and the next is 89.1% and 46.9%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 18.3%, now sitting on 4.61B for the twelve trailing months.

Moving Average

SPBK 1 ØSTLANDET’s worth is higher than its 50-day moving average of kr120.68 and higher than its 200-day moving average of kr116.70.

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4. KONGSBERG GRUPPEN (KOG.OL)

13.3% sales growth and 20.54% 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 kr17.71.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 25.64. Meaning, the purchaser of the share is investing kr25.64 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 20.54%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.5%, now sitting on 31.8B for the twelve trailing months.

Dividend Yield

According to 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 2.65%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 38.6% and 1%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

KONGSBERG GRUPPEN’s EBITDA is 2.51.

More news about KONGSBERG GRUPPEN.

5. SCHLUMBERGER (SLB.PA)

12% sales growth and 23.02% return on equity

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Earnings Per Share

As for profitability, SCHLUMBERGER has a trailing twelve months EPS of €2.62.

PE Ratio

SCHLUMBERGER has a trailing twelve months price to earnings ratio of 16.12. Meaning, the purchaser of the share is investing €16.12 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 23.02%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SCHLUMBERGER’s EBITDA is 2.3.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 32% and 23.7%, respectively.

Yearly Top and Bottom Value

SCHLUMBERGER’s stock is valued at €42.24 at 17:20 EST, way below its 52-week high of €55.00 and way higher than its 52-week low of €30.80.

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6. SONAE (SON.LS)

10.8% sales growth and 10.2% return on equity

Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it offers payments, cards, personal loans, and insurance under the Universo brand; financing online purchases under the Universo Flex brand; and meal vouchers, gifting, and rewarding under the Da cards brand, as well as operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets; and investment management activities. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. Sonae, SGPS, S.A. is a subsidiary of Efanor Investimentos SGPS, SA.

Earnings Per Share

As for profitability, SONAE has a trailing twelve months EPS of €0.14.

PE Ratio

SONAE has a trailing twelve months price to earnings ratio of 6.58. Meaning, the purchaser of the share is investing €6.58 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 10.2%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.7%, now sitting on 8.15B for the twelve trailing months.

Yearly Top and Bottom Value

SONAE’s stock is valued at €0.92 at 17:20 EST, way below its 52-week high of €1.18 and way above its 52-week low of €0.81.

More news about SONAE.

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