(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)
163.7% 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 kr9.95.
PE Ratio
HAFNIA LIMITED has a trailing twelve months price to earnings ratio of 6.25. Meaning, the purchaser of the share is investing kr6.25 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 324.1% for the ongoing quarter and 163.7% for the next.
Earnings Before Interest, Taxes, Depreciation, and Amortization
HAFNIA LIMITED’s EBITDA is 120.19.
Yearly Top and Bottom Value
HAFNIA LIMITED’s stock is valued at kr62.20 at 16:20 EST, below its 52-week high of kr68.00 and way higher than its 52-week low of kr21.45.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 2980% and 904%, respectively.
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 2.74. Meaning, the purchaser of the share is investing kr2.74 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%.
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 present quarter is a negative 70.3% and positive 34.3% 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 11.24. Meaning, the purchaser of the share is investing kr11.24 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%.
Sales Growth
SPBK 1 ØSTLANDET’s sales growth is 6.8% for the current quarter and 26.4% for the next.
4. RANA GRUBER (RANA.OL)
20.1% sales growth and 68.94% return on equity
Rana Gruber AS 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 AS 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 kr7.3.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 8.07. Meaning, the purchaser of the share is investing kr8.07 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%.
5. 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 5.98. Meaning, the purchaser of the share is investing kr5.98 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%.
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, re-engineering, and value analysis/value engineering; 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; logistics and distribution; and augmented reality manufacturing services. Kitron ASA was founded in 1996 and is headquartered in Billingstad, Norway.
Earnings Per Share
As for profitability, KITRON has a trailing twelve months EPS of kr1.15.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 29.52. Meaning, the purchaser of the share is investing kr29.52 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
KITRON’s EBITDA is 30.86.
Moving Average
KITRON’s worth is way higher than its 50-day moving average of kr29.91 and way above its 200-day moving average of kr23.37.
Revenue Growth
Year-on-year quarterly revenue growth grew by 91.2%, now sitting on 6.49B for the twelve trailing months.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 28, 2022, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 0.75%.
7. TOMRA SYSTEMS (TOM.OL)
12.1% sales growth and 16.76% return on equity
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three divisions: Collection, Recycling Mining, and Food. The Collection division 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 Recycling Mining division offers sorting systems for waste and metal material streams; and ore sorting systems for the mining industry. The Food Solutions division provides post-harvest grading and sorting solutions for fresh produce; and sorting and processing technology for the 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 kr6.18.
PE Ratio
TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 26.76. Meaning, the purchaser of the share is investing kr26.76 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%.
Volume
Today’s last reported volume for TOMRA SYSTEMS is 136010 which is 62.77% below its average volume of 365390.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14%, now sitting on 12.19B for the twelve trailing months.
