(VIANEWS) – HAFNIA LIMITED (HAFNI.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. HAFNIA LIMITED (HAFNI.OL)
161.6% sales growth and 48.16% return on equity
Hafnia Limited owns and operates oil product tankers. The company operates through four segments: Long Range II (LR2), Long Range I (LR1), Medium Range (MR), and Handy size (Handy). It 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. The company provides ship owning, ship-management, chartering, investment, and agency office services. As of March 29, 2022, it operated a fleet of 237 vessels, including newbuilds, of which 145 are owned or chartered-in, including 10 owned LR2s, 40 owned and chartered-in LR1s, 58 owned and chartered-in MRs, and 29 owned Handy and eight stainless steel 25K vessels. The company is based in Hamilton, Bermuda. Hafnia Limited is a subsidiary of BW Group Limited.
Earnings Per Share
As for profitability, HAFNIA LIMITED has a trailing twelve months EPS of kr9.81.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 6.01. Meaning, the purchaser of the share is investing kr6.01 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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 3, 2023, the estimated forward annual dividend rate is 13.16 and the estimated forward annual dividend yield is 20.59%.
2. SPAREBANKEN MØRE (MORG.OL)
30.3% 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 2.78. Meaning, the purchaser of the share is investing kr2.78 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%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 70.3% and positive 34.3% for the next.
Volume
Today’s last reported volume for SPAREBANKEN MØRE is 5520 which is 57.34% below its average volume of 12940.
Revenue Growth
Year-on-year quarterly revenue growth grew by 44.6%, now sitting on 1.76B for the twelve trailing months.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 32.9% for the present quarter and 30.3% for the next.
3. SPBK 1 ØSTLANDET (SPOL.OL)
26.4% sales growth and 10.09% return on equity
SpareBank 1 Østlandet provides various financial products and services to individuals, businesses, the public sector, clubs, and societies. The company offers deposits, financing, savings, advisory, life and non-life insurance, and pension products and services. It also provides credit cards; and leasing, money-transfer, capital and investment management, debt recovery, real estate brokering and rental, factoring, trade and corporate finance, and accounting related services. It has 36 branches in Innlandet, Oslo, and Viken. The company was founded in 1845 and is headquartered in Hamar, Norway. SpareBank 1 Østlandet is a subsidiary of Sparebankstiftelsen Hedmark.
Earnings Per Share
As for profitability, SPBK 1 ØSTLANDET has a trailing twelve months EPS of kr10.57.
PE Ratio
SPBK 1 ØSTLANDET has a trailing twelve months price to earnings ratio of 11.53. Meaning, the purchaser of the share is investing kr11.53 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 10.09%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 22.2% and 99%, respectively.
Moving Average
SPBK 1 ØSTLANDET’s value is higher than its 50-day moving average of kr119.53 and higher than its 200-day moving average of kr116.75.
4. SPAREBANKEN ØST (SPOG.OL)
20.9% 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 7.64. Meaning, the purchaser of the share is investing kr7.64 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 6.25%.
Volume
Today’s last reported volume for SPAREBANKEN ØST is 17899 which is 14.1% above its average volume of 15686.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Mar 25, 2022, the estimated forward annual dividend rate is 3.85 and the estimated forward annual dividend yield is 7.43%.
Sales Growth
SPAREBANKEN ØST’s sales growth is 10% for the ongoing quarter and 20.9% for the next.
5. SAMSE (SAMS.PA)
8% sales growth and 18.7% return on equity
Samse SA distributes building materials and tools in France. The company offers public works, roads, and sanitation products; construction materials and structural works; plaster, ceiling, and insulation; frame and roof; wood and panels; doors, windows, and joinery; floor and wall coverings; electricity, plumbing, sanitary, and heating; terrace and garden products, as well as tools, materials, hardware, and security. It serves customers through approximately 80 points of sales in Auvergne-Rhône-Alpes, Paca, and Gard. The company was founded in 1920 and is headquartered in Grenoble, France. Samse SA is a subsidiary of Dumont Investissement.
Earnings Per Share
As for profitability, SAMSE has a trailing twelve months EPS of €13.74.
PE Ratio
SAMSE has a trailing twelve months price to earnings ratio of 13.65. Meaning, the purchaser of the share is investing €13.65 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 18.7%.
Sales Growth
SAMSE’s sales growth is 8% for the present quarter and 8% for the next.
