MAGNORA And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – MAGNORA (MGN.OL), BASIC-FIT (BFIT.AS), BAKKAFROST (BAKKA.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. MAGNORA (MGN.OL)

210.1% sales growth and 52.28% return on equity

Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MAGNORA has a trailing twelve months EPS of kr3.95.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 7.18. Meaning, the purchaser of the share is investing kr7.18 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 52.28%.

Sales Growth

MAGNORA’s sales growth is negative 94.8% for the current quarter and 210.1% for the next.

Yearly Top and Bottom Value

MAGNORA’s stock is valued at kr28.35 at 11:20 EST, way below its 52-week high of kr38.60 and way above its 52-week low of kr19.80.

Moving Average

MAGNORA’s value is below its 50-day moving average of kr30.92 and under its 200-day moving average of kr30.79.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Oct 26, 2023, the estimated forward annual dividend rate is 0.37 and the estimated forward annual dividend yield is 1.3%.

More news about MAGNORA.

2. BASIC-FIT (BFIT.AS)

31.3% sales growth and 4.68% return on equity

Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates 1200 clubs under Basic-Fit brand in Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is headquartered in Hoofddorp, the Netherlands.

Earnings Per Share

As for profitability, BASIC-FIT has a trailing twelve months EPS of €0.27.

PE Ratio

BASIC-FIT has a trailing twelve months price to earnings ratio of 101.78. Meaning, the purchaser of the share is investing €101.78 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 4.68%.

More news about BASIC-FIT.

3. BAKKAFROST (BAKKA.OL)

11.7% sales growth and 13.83% return on equity

P/F Bakkafrost, together with its subsidiaries, produces and sells salmon products under the Bakkafrost and Havsbrún brands in North America, Western Europe, Eastern Europe, Asia, and internationally. It operates through four segments: Farming FO; Farming SCT; Value Added Products; and Fishmeal, Oil and Fish Feed. The company is involved in the breeding and on-growing of salmon; harvesting, sale, and distribution of salmon; salmon farming, harvest, filleting, sales, and administration; and production of skinless and boneless portions of salmon. It also produces and sells fishmeal, fish oil, and fish feed. In addition, it engages in production of styrofoam boxes, and biogas and fertilizer; and operates trading of fishes, lumpfish farming business, and freight transportation of goods, as well as produce and sell canned fish products. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

Earnings Per Share

As for profitability, BAKKAFROST has a trailing twelve months EPS of kr11.42.

PE Ratio

BAKKAFROST has a trailing twelve months price to earnings ratio of 53.24. Meaning, the purchaser of the share is investing kr53.24 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 13.83%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 15.63 and the estimated forward annual dividend yield is 2.69%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 8.9% and positive 68.9% for the next.

Sales Growth

BAKKAFROST’s sales growth is 7.1% for the ongoing quarter and 11.7% for the next.

Yearly Top and Bottom Value

BAKKAFROST’s stock is valued at kr608.00 at 11:20 EST, way below its 52-week high of kr776.50 and way above its 52-week low of kr414.60.

More news about BAKKAFROST.

4. SATS (SATS.OL)

10.1% sales growth and 3.89% return on equity

Sats ASA provides fitness and training services in Norway, Sweden, Denmark, and Finland. The company offers sportswear, fitness gear, bars, and energy drinks. It operates 275 fitness clubs under the SATS, ELIXIA, Fresh Fitness, SATSonline and SATSYoga brands. The company was founded in 1995 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SATS has a trailing twelve months EPS of kr0.17.

PE Ratio

SATS has a trailing twelve months price to earnings ratio of 104.82. Meaning, the purchaser of the share is investing kr104.82 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 3.89%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SATS’s EBITDA is 20.14.

Volume

Today’s last reported volume for SATS is 155409 which is 25.78% below its average volume of 209401.

Moving Average

SATS’s worth is way above its 50-day moving average of kr15.80 and way above its 200-day moving average of kr12.33.

More news about SATS.

5. SEABIRD EXPLORAT (SBX.OL)

7.1% sales growth and 21.51% return on equity

SeaBird Exploration Plc, together with its subsidiaries, provides marine 2D and 3D seismic data for the oil and gas industry in Europe, Africa, the Middle East, North and South America, and the Asia Pacific. It offers 2D seismic; and source vessels that provide conventional undershoot, 4D repeat survey, wide azimuth, push reverse, long-term charter and vessel management, in-house source modelling and environmental decay analysis, and spot charter services. The company was founded in 1996 and is based in Nicosia, Cyprus.

Earnings Per Share

As for profitability, SEABIRD EXPLORAT has a trailing twelve months EPS of kr0.32.

PE Ratio

SEABIRD EXPLORAT has a trailing twelve months price to earnings ratio of 14.34. Meaning, the purchaser of the share is investing kr14.34 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 21.51%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 147.6% and 477.8%, respectively.

More news about SEABIRD EXPLORAT.

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