GRAM CAR CARRIERS And 6 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – GRAM CAR CARRIERS (GCC.OL), SALMAR (SALM.OL), SPAREBANKEN ØST (SPOG.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)

81% sales growth and 19.55% 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 provides a fleet of vessels for various aspects of the seaborne vehicle transportation trade. The company also offers commercial management services for the 18 owned vehicles and 4 managed vessels owned by third parties. Gram Car Carriers ASA 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 kr0.28.

PE Ratio

GRAM CAR CARRIERS has a trailing twelve months price to earnings ratio of 536.69. Meaning, the purchaser of the share is investing kr536.69 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 19.55%.

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2. SALMAR (SALM.OL)

54.3% sales growth and 18.21% return on equity

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr17.49.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 24.84. Meaning, the purchaser of the share is investing kr24.84 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 18.21%.

Moving Average

SALMAR’s worth is above its 50-day moving average of kr432.57 and under its 200-day moving average of kr478.41.

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3. SPAREBANKEN ØST (SPOG.OL)

35.8% sales growth and 6.25% return on equity

Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers financial products, such as savings, credit, and payment products; mortgages on homes; and debenture financing for second-hand cars, as well as services in the areas of financing, savings and investment, and money-transfer. It also distributes insurance, fund shares, interest rate hedging, and currency, as well as operates, manages, leases, and sells real estate properties. The company was founded in 1843 and is headquartered in Drammen, Norway.

Earnings Per Share

As for profitability, SPAREBANKEN ØST has a trailing twelve months EPS of kr6.62.

PE Ratio

SPAREBANKEN ØST has a trailing twelve months price to earnings ratio of 6.9. Meaning, the purchaser of the share is investing kr6.9 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 6.25%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 38.8% and 65.3%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.8%, now sitting on 691.4M for the twelve trailing months.

Volume

Today’s last reported volume for SPAREBANKEN ØST is 6329 which is 68.71% below its average volume of 20228.

Moving Average

SPAREBANKEN ØST’s value is below its 50-day moving average of kr48.85 and under its 200-day moving average of kr48.62.

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4. SWORD GROUP (SWP.PA)

26.8% sales growth and 122.53% return on equity

Sword Group S.E. provides IT and digital transformation services in Europe, the United States, the Oceania, and Asia. The company provides information systems integration and engineering services, including strategic and operational consulting, solution engineering and application development, project ownership support and project management support, infrastructure management and application maintenance for third parties, and resource outsourcing. Its products include Sword Phusion, an engineering information management software; Sword Tell, a CAD software for watch manufacturers and other industry sectors; Sword Venue, an event planning, collaboration, and organization software; and Sword Aequos that helps organizations to focus on their main business by implementing optimal collaborative tools and solutions supporting their day-to-day reality. The company serves banking and insurance, finance, industry, energy, public services, health, telco, government, and other markets. Sword Group S.E. was founded in 2000 and is headquartered in Windhof, Luxembourg.

Earnings Per Share

As for profitability, SWORD GROUP has a trailing twelve months EPS of €5.59.

PE Ratio

SWORD GROUP has a trailing twelve months price to earnings ratio of 7.73. Meaning, the purchaser of the share is investing €7.73 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 122.53%.

Sales Growth

SWORD GROUP’s sales growth is 26.8% for the present quarter and 26.8% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 33.4%, now sitting on 247.63M for the twelve trailing months.

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5. MELEXIS (MELE.BR)

18.6% sales growth and 45.26% return on equity

Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, latch and switch, current, inductive position, tire monitoring, temperature, optical, pressure, and speed sensor ICs. It also offers embedded motor driver, fan and pump, LED, and pre driver ICs; and LIN transceiver, CAN transceiver, RFID Transceiver NFC Sensor tag ICs. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.

Earnings Per Share

As for profitability, MELEXIS has a trailing twelve months EPS of €1.89.

PE Ratio

MELEXIS has a trailing twelve months price to earnings ratio of 52.8. Meaning, the purchaser of the share is investing €52.8 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 45.26%.

Moving Average

MELEXIS’s value is below its 50-day moving average of €101.61 and way higher than its 200-day moving average of €83.70.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 10, 2023, the estimated forward annual dividend rate is 4.4 and the estimated forward annual dividend yield is 4.14%.

Volume

Today’s last reported volume for MELEXIS is 12543 which is 55.76% below its average volume of 28358.

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6. KITRON (KIT.OL)

15% sales growth and 21% return on equity

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr1.43.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 25.87. Meaning, the purchaser of the share is investing kr25.87 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%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 91.2%, now sitting on 6.49B for the twelve trailing months.

Volume

Today’s last reported volume for KITRON is 346178 which is 28.2% below its average volume of 482162.

Yearly Top and Bottom Value

KITRON’s stock is valued at kr37.00 at 02:20 EST, way under its 52-week low of kr16.94.

Moving Average

KITRON’s value is way higher than its 50-day moving average of kr31.59 and way above its 200-day moving average of kr24.18.

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7. SCHLUMBERGER (SLB.PA)

11.4% sales growth and 20.99% 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 €2.19.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.99%.

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