(VIANEWS) – MAGNORA (MGN.OL), SALMAR (SALM.OL), SPAREBANKEN SØR (SOR.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)
990.5% sales growth and 10.56% 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 kr0.76.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 39.87. Meaning, the purchaser of the share is investing kr39.87 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 10.56%.
Yearly Top and Bottom Value
MAGNORA’s stock is valued at kr30.30 at 07:20 EST, under its 52-week high of kr30.80 and way higher than its 52-week low of kr17.22.
Revenue Growth
Year-on-year quarterly revenue growth grew by 331.6%, now sitting on 104.3M for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MAGNORA’s EBITDA is 18.16.
Moving Average
MAGNORA’s worth is way above its 50-day moving average of kr24.71 and way above its 200-day moving average of kr23.26.
More news about MAGNORA.
2. SALMAR (SALM.OL)
55.4% sales growth and 20.22% return on equity
SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.
Earnings Per Share
As for profitability, SALMAR has a trailing twelve months EPS of kr29.89.
PE Ratio
SALMAR has a trailing twelve months price to earnings ratio of 15.26. Meaning, the purchaser of the share is investing kr15.26 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 20.22%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 9, 2023, the estimated forward annual dividend rate is 20 and the estimated forward annual dividend yield is 4.22%.
Volume
Today’s last reported volume for SALMAR is 42846 which is 85.31% below its average volume of 291842.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 74.7% and a drop 32.2% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 45%, now sitting on 22.13B for the twelve trailing months.
More news about SALMAR.
3. SPAREBANKEN SØR (SOR.OL)
33.2% sales growth and 9.48% return on equity
Sparebanken Sør operates as an independent financial institution in Norway. It operates through two segments, Retail Market and Corporate Market. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties. It also provides leasing, mortgage, and property management services; and sells general insurance, occupational pension, and group life insurance products. The company was founded in 1824 and is headquartered in Kristiansand, Norway. Sparebanken Sør operates as a subsidiary of Sparebankstiftelsen Sparebanken Sør.
Earnings Per Share
As for profitability, SPAREBANKEN SØR has a trailing twelve months EPS of kr13.6.
PE Ratio
SPAREBANKEN SØR has a trailing twelve months price to earnings ratio of 9.08. Meaning, the purchaser of the share is investing kr9.08 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 9.48%.
Volume
Today’s last reported volume for SPAREBANKEN SØR is 516 which is 81.18% below its average volume of 2743.
Sales Growth
SPAREBANKEN SØR’s sales growth is 36% for the present quarter and 33.2% for the next.
More news about SPAREBANKEN SØR.
4. EDP RENOVAVEIS (EDPR.LS)
20.1% sales growth and 7.23% return on equity
EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. The company operates wind and solar farms. As of December 31, 2021, it had an installed capacity of 5,908 megawatts in the United States; 2,194 megawatts in Spain; 795 megawatts in Brazil; and 1,142 megawatts in Portugal. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. operates as a subsidiary of EDP-Energias de Portugal, S.A.
Earnings Per Share
As for profitability, EDP RENOVAVEIS has a trailing twelve months EPS of €0.62.
PE Ratio
EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 31.32. Meaning, the purchaser of the share is investing €31.32 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 7.23%.
Volume
Today’s last reported volume for EDP RENOVAVEIS is 32915 which is 94.44% below its average volume of 592814.
Moving Average
EDP RENOVAVEIS’s worth is below its 50-day moving average of €20.18 and below its 200-day moving average of €21.19.
More news about EDP RENOVAVEIS.
5. ABN AMRO BANK N.V. (ABN.AS)
19.6% sales growth and 9.3% return on equity
ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.
Earnings Per Share
As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of €2.22.
PE Ratio
ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 6.25. Meaning, the purchaser of the share is investing €6.25 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 9.3%.
More news about ABN AMRO BANK N.V..
6. PERNOD RICARD (RI.PA)
7.9% sales growth and 14.84% return on equity
Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No. 40, Malfy, Malibu, Martell, Method & Madness, Midleton Very Rare, Minttu, Monkey 47, Mumm, Olmeca, Ostoya, Passport Scotch, Pastis 51, Pernod, Perrier-Jouët, Plymouth Gin, Powers, Rabbit Hole, Ramazzotti, Redbreast, Ricard, Royal Salute, Royal Stag, Scapa, Seagram's Gin, Secret Speyside, Smooth Ambler, Something Special, St Hugo, Stoneleigh, Suze, The Glenlivet, TX, Wyborowa, and Ysios. It also provides non-alcoholic beverages under the brands Ceder's, Suze Tonic 0%, Cinzano Spritz 0%, Pacific, Campo Viejo Sparkling 0%, and Jacob's Creek Unvined. The company was founded in 1805 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, PERNOD RICARD has a trailing twelve months EPS of €9.32.
PE Ratio
PERNOD RICARD has a trailing twelve months price to earnings ratio of 21.48. Meaning, the purchaser of the share is investing €21.48 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 14.84%.
Sales Growth
PERNOD RICARD’s sales growth is 7.9% for the current quarter and 7.9% for the next.
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7. ODFJELL DRILLING (ODL.OL)
7% sales growth and 5.24% return on equity
Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates in two segments, Own Fleet and External Fleet. It offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Holding Ltd.
Earnings Per Share
As for profitability, ODFJELL DRILLING has a trailing twelve months EPS of kr2.76.
PE Ratio
ODFJELL DRILLING has a trailing twelve months price to earnings ratio of 9.37. Meaning, the purchaser of the share is investing kr9.37 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 5.24%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ODFJELL DRILLING’s EBITDA is 35.5.
Volume
Today’s last reported volume for ODFJELL DRILLING is 246060 which is 44.05% below its average volume of 439799.
Revenue Growth
Year-on-year quarterly revenue growth grew by 10.4%, now sitting on 665.6M for the twelve trailing months.
Sales Growth
ODFJELL DRILLING’s sales growth is 4.6% for the ongoing quarter and 7% for the next.
More news about ODFJELL DRILLING.
