ING GROEP N.V. And 3 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – ING GROEP N.V. (INGA.AS), SKUE SPAREBANK (SKUE.OL), ITERA (ITERA.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. ING GROEP N.V. (INGA.AS)

24.2% sales growth and 25.17% return on equity

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts. It also offers business lending products; consumer lending products, such as residential mortgage loans, term loans, and other consumer lending loans; and secured and unsecured lending services. in addition, the company provides debt capital market, working capital solutions, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, debt and equity market solutions, payments and cash management, and trade and treasury services, as well as savings, investment, insurance, mortgage, and digital banking services; and SME loans. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ING GROEP N.V. has a trailing twelve months EPS of €1.62.

PE Ratio

ING GROEP N.V. has a trailing twelve months price to earnings ratio of 8.18. Meaning, the purchaser of the share is investing €8.18 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 25.17%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 51.8%, now sitting on 31.29B for the twelve trailing months.

Sales Growth

ING GROEP N.V.’s sales growth is 21.9% for the current quarter and 24.2% for the next.

More news about ING GROEP N.V..

2. SKUE SPAREBANK (SKUE.OL)

11.9% sales growth and 9.5% return on equity

Skue Sparebank provides various banking products and services for individual and business in Norway. The company offers operating, tax deduction, capital, client, deposit, and group accounts; business, construction, personal, vehicle, and small loans, as well as mortgage, bank guarantee, overdraft, and leasing services; and home and leisure, car and other vehicles, pet, company and employees, agriculture insurance products. It also provides savings and pension products; and online and mobile banking, bank card, and payment services. The company was formerly known as Nes Prestegjelds Sparebank and changed its name to Skue Sparebank in October 2013. Skue Sparebank was founded in 1842 and is based in Geilo, Norway.

Earnings Per Share

As for profitability, SKUE SPAREBANK has a trailing twelve months EPS of kr86.63.

PE Ratio

SKUE SPAREBANK has a trailing twelve months price to earnings ratio of 2.54. Meaning, the purchaser of the share is investing kr2.54 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.5%.

More news about SKUE SPAREBANK.

3. ITERA (ITERA.OL)

11.8% sales growth and 99.64% return on equity

Itera ASA, together with its subsidiaries, designs, develops, and operates digital solutions for companies and organizations in Norway, Denmark, and Slovakia. It offers data, artificial intelligence and analytics, development and architecture, test and quality assurance solutions, as well as cloud and application services. The company delivers projects and services in the strategy and consulting, customer experience, and technology and cloud transformation areas. Itera ASA was founded in 1989 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, ITERA has a trailing twelve months EPS of kr0.82.

PE Ratio

ITERA has a trailing twelve months price to earnings ratio of 16.71. Meaning, the purchaser of the share is investing kr16.71 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 99.64%.

More news about ITERA.

4. ASML HOLDING (ASML.AS)

6.3% sales growth and 68.44% return on equity

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to assess the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and lithography process and control software solutions; and refurbishes and upgrades older lithography systems, as well as offers customer support and associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.

Earnings Per Share

As for profitability, ASML HOLDING has a trailing twelve months EPS of €18.71.

PE Ratio

ASML HOLDING has a trailing twelve months price to earnings ratio of 31.82. Meaning, the purchaser of the share is investing €31.82 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 68.44%.

Yearly Top and Bottom Value

ASML HOLDING’s stock is valued at €595.40 at 07:20 EST, way under its 52-week high of €698.10 and way above its 52-week low of €375.75.

More news about ASML HOLDING.

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