(VIANEWS) – HAFNIA LIMITED (HAFNI.OL), SPAREBANKEN ØST (SPOG.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. HAFNIA LIMITED (HAFNI.OL)
152.4% sales growth and 48.16% return on equity
Hafnia Limited owns and operates oil product tankers. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, Chemical-Handy, and Chemical-MR segments. The company transports petroleum oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies. It provides ship owning, ship-management, chartering, investment, and agency office services. The company is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr3.38.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 16.81. Meaning, the purchaser of the share is investing kr16.81 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 48.16%.
Sales Growth
HAFNIA LIMITED’s sales growth is 310.2% for the present quarter and 152.4% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 135.4%, now sitting on 1.83B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 2885% and 866%, respectively.
More news about HAFNIA LIMITED.
2. 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 6.71. Meaning, the purchaser of the share is investing kr6.71 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 present 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.
Yearly Top and Bottom Value
SPAREBANKEN ØST’s stock is valued at kr44.40 at 22:20 EST, way under its 52-week high of kr59.20 and higher than its 52-week low of kr43.10.
More news about SPAREBANKEN ØST.
3. SPAREBANKEN MØRE (MORG.OL)
32% sales growth and 9.92% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Møre og Romsdal, Norway. It operates through Corporate, Retail, and Real Estate Brokerage segments. The company offers services in the areas of funding, deposits and other forms of investments, asset management, financial advisory, money transfer, currency and interest rate trading, 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 kr29.98.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 2.6. Meaning, the purchaser of the share is investing kr2.6 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 9.92%.
Yearly Top and Bottom Value
SPAREBANKEN MØRE’s stock is valued at kr78.00 at 22:20 EST, way under its 52-week high of kr92.00 and way above its 52-week low of kr67.98.
Revenue Growth
Year-on-year quarterly revenue growth grew by 42%, now sitting on 1.76B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 70.4% and positive 33.7% for the next.
More news about SPAREBANKEN MØRE.
4. PROTECTOR FORSIKRG (PROT.OL)
16.2% sales growth and 24.06% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr23.84.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 6.14. Meaning, the purchaser of the share is investing kr6.14 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 24.06%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 1004% and 473%, respectively.
Sales Growth
PROTECTOR FORSIKRG’s sales growth is 26.8% for the present quarter and 16.2% for the next.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Feb 8, 2023, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 5.04%.
More news about PROTECTOR FORSIKRG.
