KITRON And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – KITRON (KIT.OL), MPC CONTAINER SHIP (MPCC.OL), BW LPG (BWLPG.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. KITRON (KIT.OL)

1046.9% sales growth and 22.67% return on equity

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. It manufactures and sells electronics that are embedded in the customer's own products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; 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 comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance, as well as logistics and distribution, and product deployment services. The company markets its services to connectivity, electrification, industry, medical devices, and defence/aerospace sectors. Kitron ASA was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.24.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 15.45. Meaning, the purchaser of the share is investing kr15.45 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 22.67%.

Moving Average

KITRON’s worth is under its 50-day moving average of kr34.72 and above its 200-day moving average of kr33.17.

Sales Growth

KITRON’s sales growth is negative 6.8% for the current quarter and 1046.9% for the next.

Volume

Today’s last reported volume for KITRON is 196568 which is 52.44% below its average volume of 413315.

More news about KITRON.

2. MPC CONTAINER SHIP (MPCC.OL)

572.3% sales growth and 37.21% return on equity

MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 126,943 twenty-foot equivalent units. The company was incorporated in 2017 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MPC CONTAINER SHIP has a trailing twelve months EPS of kr5.8.

PE Ratio

MPC CONTAINER SHIP has a trailing twelve months price to earnings ratio of 3.74. Meaning, the purchaser of the share is investing kr3.74 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 37.21%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 20, 2024, the estimated forward annual dividend rate is 5.49 and the estimated forward annual dividend yield is 24.76%.

More news about MPC CONTAINER SHIP.

3. BW LPG (BWLPG.OL)

31.1% sales growth and 20.16% return on equity

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services. It owns and operates LPG vessels and a fleet of very large gas carriers. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.

Earnings Per Share

As for profitability, BW LPG has a trailing twelve months EPS of kr39.13.

PE Ratio

BW LPG has a trailing twelve months price to earnings ratio of 4.12. Meaning, the purchaser of the share is investing kr4.12 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 20.16%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

BW LPG’s EBITDA is 79.74.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 114% and 6%, respectively.

More news about BW LPG.

4. SPAREBANK 1 SR-BK (SRBNK.OL)

20.8% sales growth and 15.4% return on equity

SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers primarily in Rogaland, Agder, Vestland, Oslo, and Viken. The company operates through Retail Customers, SME & Agriculture, and Large Corporates segments. It offers savings, loans, insurance, and pension products. The company also provides account and payment, international cash management, foreign exchange, administrative securities, accounting, estate agency, payroll, HR, securities trading, and investment services; green loans; credit cards; consulting; home financing; commercial properties for leasing; and banking services. In addition, it facilitates and advises debt and equity funding; and sells real estate properties comprising holiday homes, new builds, and used homes. Further, the company is involved in the customer trading of interest rate instruments; and purchasing of home mortgages. It serves retail and corporate, SME, small business, and agricultural customers, as well as the public sector. The company was founded in 1839 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, SPAREBANK 1 SR-BK has a trailing twelve months EPS of kr17.51.

PE Ratio

SPAREBANK 1 SR-BK 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.

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 15.4%.

More news about SPAREBANK 1 SR-BK.

5. AKER SOLUTIONS (AKSO.OL)

16.8% sales growth and 17.09% return on equity

Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry in Norway, the United States, Brazil, the United Kingdom, Malaysia, Angola, Brunei, Canada, India, and internationally. The company operates in two segments, Renewables and Field Development; and Life Cycle. It offers field planning, feasibility, and concept studies; specialist engineering, project management, and procurement services; floater designs, offshore wind, as well as engages in design, delivery, and construction of oil and gas production, and receiving and processing facilities. The company also provides offshore fish farming, carbon capture, utilization and storage, hydrogen and derivatives, hydropower, and offshore wind solutions. Further, it designs and constructs jackets for construction services and offers electrification services; and designs and constructs offshore oil and gas production facilities and onshore receiving and processing facilities. Additionally, the company provides maintenance, modifications, decommissioning, asset integrity management, hook-up, and completion solutions. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway.

Earnings Per Share

As for profitability, AKER SOLUTIONS has a trailing twelve months EPS of kr3.06.

PE Ratio

AKER SOLUTIONS has a trailing twelve months price to earnings ratio of 14.7. Meaning, the purchaser of the share is investing kr14.7 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 17.09%.

Yearly Top and Bottom Value

AKER SOLUTIONS’s stock is valued at kr44.98 at 12:20 EST, way under its 52-week high of kr50.00 and way higher than its 52-week low of kr33.14.

Moving Average

AKER SOLUTIONS’s value is higher than its 50-day moving average of kr42.31 and way higher than its 200-day moving average of kr39.19.

Sales Growth

AKER SOLUTIONS’s sales growth for the next quarter is 16.8%.

More news about AKER SOLUTIONS.

6. SPBK1 NORD-NORGE (NONG.OL)

16.3% sales growth and 16.76% return on equity

SpareBank 1 Nord-Norge provides banking services in Northern Norway. It operates through Retail Market and Corporate Market segments. The company offers mortgage, car, boat, 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 accounting services, real estate brokerage, and leasing/sale-leaseback financing, internet banking, and mobile services. SpareBank 1 Nord-Norge 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 kr12.37.

PE Ratio

SPBK1 NORD-NORGE has a trailing twelve months price to earnings ratio of 8.7. Meaning, the purchaser of the share is investing kr8.7 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 16.76%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 50.2% and 33.9%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.2%, now sitting on 5.55B for the twelve trailing months.

Sales Growth

SPBK1 NORD-NORGE’s sales growth is 20% for the ongoing quarter and 16.3% for the next.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 15, 2024, the estimated forward annual dividend rate is 7 and the estimated forward annual dividend yield is 6.42%.

More news about SPBK1 NORD-NORGE.

7. ZALARIS (ZAL.OL)

11.7% sales growth and 17.45% return on equity

Zalaris ASA provides full-service outsourced personnel and payroll services. It operates in two segments, Managed Services and Professional Services. The company offers a range of payroll and human resource (HR) outsourcing services, including payroll processing, time and attendance, and travel expenses, as well as cloud-based HR functionality services comprising talent management, digital personnel archive, HR analytics, mobile solutions, etc. It also engages in the implementation of SAP HCM, and Payroll and SuccessFactors; and provides consulting services. The company serves bank, insurance and financial services, health and life science, infrastructure and transportation, IT, technology and telecom, offshore and energy, products and industrials, retail, and service industries, as well as public services and other institutions. It operates in Norway, Sweden, Denmark, Germany, Finland, the United Kingdom, Latvia, Poland, Australia, and internationally. The company was formerly known as Zalaris HR Services AS and changed its name to Zalaris ASA in May 2014. Zalaris ASA was incorporated in 2000 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ZALARIS has a trailing twelve months EPS of kr2.41.

PE Ratio

ZALARIS has a trailing twelve months price to earnings ratio of 29.63. Meaning, the purchaser of the share is investing kr29.63 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 17.45%.

More news about ZALARIS.

8. KID (KID.OL)

7.5% sales growth and 29.84% return on equity

Kid ASA, together with its subsidiaries, operates as a home textile retailer in Norway, Sweden, Finland, and Estonia. It designs, sources, markets, and sells a range of home and interior products, including textiles, curtains, bed linens, home accessories, decorations, furniture, and other interior products through retail stores and online platforms. The company provides its products under the Kid, Hemtex, Dekosol, Nordun, and Premium Collection brands. It also offers logistics services. The company was formerly known as Nordisk Tekstil Holding AS and changed its name to Kid ASA. Kid ASA was founded in 1937 and is headquartered in Lier, Norway.

Earnings Per Share

As for profitability, KID has a trailing twelve months EPS of kr8.94.

PE Ratio

KID has a trailing twelve months price to earnings ratio of 16.78. Meaning, the purchaser of the share is investing kr16.78 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 29.84%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.4%, now sitting on 3.58B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 30% and 9.9%, respectively.

Sales Growth

KID’s sales growth is 10.2% for the present quarter and 7.5% for the next.

More news about KID.

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