(VIANEWS) – HAFNIA LIMITED (HAFNI.OL), SPBK1 NORD-NORGE (NONG.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)
150.2% 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 kr16.44.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 3.84. Meaning, the purchaser of the share is investing kr3.84 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 48.16%.
More news about HAFNIA LIMITED.
2. SPBK1 NORD-NORGE (NONG.OL)
52.2% sales growth and 11.29% return on equity
SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market, Corporate Market, Leasing, and Markets segments. The company offers mortgage, car, vehicle, and other loan related services. It also offers vehicle, home, travel, personal, and pet insurance services. In addition, the company provides various savings and pension related services, as well as debit and credit card services. Further, it offers financing, real estate leasing, agency, payment, and investment services. The company was founded in 1836 and is headquartered in Tromsø, Norway.
Earnings Per Share
As for profitability, SPBK1 NORD-NORGE has a trailing twelve months EPS of kr8.25.
PE Ratio
SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 11.36. Meaning, the purchaser of the share is investing kr11.36 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 11.29%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 27.7% and 83.4%, respectively.
Volume
Today’s last reported volume for SPBK1 NORD-NORGE is 94725 which is 39.5% below its average volume of 156587.
Sales Growth
SPBK1 NORD-NORGE’s sales growth is 24.9% for the present quarter and 52.2% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Mar 31, 2023, the estimated forward annual dividend rate is 8.2 and the estimated forward annual dividend yield is 8.92%.
More news about SPBK1 NORD-NORGE.
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 kr15.13.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 5.11. Meaning, the purchaser of the share is investing kr5.11 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 kr77.35 at 07:20 EST, way below its 52-week high of kr91.00 and way above its 52-week low of kr67.98.
Sales Growth
SPAREBANKEN MØRE’s sales growth is 33.5% for the present quarter and 32% for the next.
Dividend Yield
As stated 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 5.13%.
More news about SPAREBANKEN MØRE.
4. RANA GRUBER (RANA.OL)
24.5% sales growth and 68.94% return on equity
Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. It also produces magnetite iron oxide concentrates. The company offers its products under the Colorana brands. It exports its products worldwide. Rana Gruber ASA was founded in 1937 and is headquartered in Mo i Rana, Norway.
Earnings Per Share
As for profitability, RANA GRUBER has a trailing twelve months EPS of kr13.05.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 4.43. Meaning, the purchaser of the share is investing kr4.43 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 68.94%.
More news about RANA GRUBER.
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 €4.88.
PE Ratio
MELEXIS has a trailing twelve months price to earnings ratio of 20.49. Meaning, the purchaser of the share is investing €20.49 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 worth is under its 50-day moving average of €101.61 and way higher than its 200-day moving average of €83.70.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MELEXIS’s EBITDA is 46.1.
Yearly Top and Bottom Value
MELEXIS’s stock is valued at €100.00 at 07:20 EST, below its 52-week high of €106.90 and way higher than its 52-week low of €63.05.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 3.3% and positive 6.8% for the next.
More news about MELEXIS.
6. TOMRA SYSTEMS (TOM.OL)
14% sales growth and 16.76% return on equity
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and eject unwanted materials from manufacturing and processing lines for fresh and processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.
Earnings Per Share
As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr3.48.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 46.34. Meaning, the purchaser of the share is investing kr46.34 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 16.76%.
Sales Growth
TOMRA SYSTEMS’s sales growth is 17.6% for the current quarter and 14% for the next.
More news about TOMRA SYSTEMS.