GRAM CAR CARRIERS And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – GRAM CAR CARRIERS (GCC.OL), CTT CORREIOS PORT (CTT.LS), DNB BANK (DNB.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. GRAM CAR CARRIERS (GCC.OL)

16.3% sales growth and 35.2% return on equity

Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide. The company invests in and operates assets in the pure car and truck carrier shipping segment. It also offers commercial management services for the 19 owned carriers and 1 vessel managed by third party. The company was founded in 2006 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, GRAM CAR CARRIERS has a trailing twelve months EPS of kr22.92.

PE Ratio

GRAM CAR CARRIERS has a trailing twelve months price to earnings ratio of 8.94. Meaning, the purchaser of the share is investing kr8.94 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 35.2%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

GRAM CAR CARRIERS’s EBITDA is 194.22.

Revenue Growth

Year-on-year quarterly revenue growth grew by 47.5%, now sitting on 200.94M for the twelve trailing months.

More news about GRAM CAR CARRIERS.

2. 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 11.68. Meaning, the purchaser of the share is investing €11.68 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%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.13 and the estimated forward annual dividend yield is 3.48%.

More news about CTT CORREIOS PORT.

3. DNB BANK (DNB.OL)

12% sales growth and 15.02% return on equity

DNB Bank ASA provides financial services for retail and corporate customers in Norway and internationally. The company offers personal banking products and services, including savings and investment products; loans, such as home mortgages, and car and consumer loans; pet, home and property, travel, and personal insurance products, as well as insurance products for vehicles; retirement savings products; foreign exchange and treasury activities; and Internet and mobile banking services, as well as cards. It also provides business banking products and services comprising savings and investment products consisting of savings accounts, fixed rate deposits, exchange traded products, bonds and commercial papers, asset management, and equity services; financing, such as installment loans, overdraft facility, bank guarantees, leasing, factoring, and trade and export financing services; transaction banking services; research, commodities, bonds and commercial papers, corporate finance, debt capital market, equities, foreign exchange and interest rates, and securities services; and Internet services, including online equity trading, online FX trading, e-confirmation, equities execution, and investor and margin accounts, as well as pension services. In addition, the company provides investment banking services, such as mergers and acquisition, and equity and debt capital market services; foreign exchange, interest rates, equities, commodities, fixed income, research, private equity, and securities services; and corporate banking services. Further, it offers private banking services. The company offers its products and services to various sectors, including energy; financial institutions; healthcare; manufacturing; packaging and forest products; seafood; shipping, offshore, and logistics; and telecom, media, and technology. DNB Bank ASA was founded in 1822 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNB BANK has a trailing twelve months EPS of kr24.93.

PE Ratio

DNB BANK has a trailing twelve months price to earnings ratio of 8.47. Meaning, the purchaser of the share is investing kr8.47 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 15.02%.

Sales Growth

DNB BANK’s sales growth is 24.3% for the ongoing quarter and 12% for the next.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 26, 2023, the estimated forward annual dividend rate is 12.5 and the estimated forward annual dividend yield is 5.92%.

Moving Average

DNB BANK’s value is above its 50-day moving average of kr202.30 and above its 200-day moving average of kr193.35.

More news about DNB BANK.

4. KID (KID.OL)

6.5% sales growth and 24.25% return on equity

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, furniture, and other interior products through retail stores and online platforms. The company provides its products under the Kid, Hemtex, Dekosol, Nordun, and Premium Collection brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS and changed its name to Kid ASA. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.

Earnings Per Share

As for profitability, KID has a trailing twelve months EPS of kr5.88.

PE Ratio

KID has a trailing twelve months price to earnings ratio of 22.04. Meaning, the purchaser of the share is investing kr22.04 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 24.25%.

Moving Average

KID’s value is above its 50-day moving average of kr129.27 and way above its 200-day moving average of kr99.46.

More news about KID.

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