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

(VIANEWS) – MAGNORA (MGN.OL), SPAREBANKEN MØRE (MORG.OL), KBC (KBC.BR) 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)

965.7% 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 kr0.74.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 38.24. Meaning, the purchaser of the share is investing kr38.24 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 10.56%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 331.6%, now sitting on 104.3M for the twelve trailing months.

More news about MAGNORA.

2. SPAREBANKEN MØRE (MORG.OL)

34.3% sales growth and 10.71% return on equity

Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers in Norway. It operates through Retail and Real Estate Brokerage segments. The company offers services in the areas of financing, deposits and other forms of investments, payment transfers, financial advisory services, asset management, 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 kr15.52.

PE Ratio

SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 4.95. Meaning, the purchaser of the share is investing kr4.95 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 10.71%.

Volume

Today’s last reported volume for SPAREBANKEN MØRE is 13579 which is 85.17% below its average volume of 91624.

Revenue Growth

Year-on-year quarterly revenue growth grew by 20.7%, now sitting on 1.84B for the twelve trailing months.

More news about SPAREBANKEN MØRE.

3. KBC (KBC.BR)

27.2% sales growth and 13.72% return on equity

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services. It also provides digital and mobile banking services. The company was formerly known as KBC Bank and Insurance Holding Company NV and changed its name to KBC Group NV in March 2005. KBC Group NV was incorporated in 1935 and is headquartered in Brussels, Belgium.

Earnings Per Share

As for profitability, KBC has a trailing twelve months EPS of €7.5.

PE Ratio

KBC has a trailing twelve months price to earnings ratio of 8.38. Meaning, the purchaser of the share is investing €8.38 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 13.72%.

More news about KBC.

4. SANDNES SPAREBANK (SADG.OL)

17% sales growth and 8.32% return on equity

Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.

Earnings Per Share

As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr8.13.

PE Ratio

SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 10.38. Meaning, the purchaser of the share is investing kr10.38 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 8.32%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 7.15%.

Volume

Today’s last reported volume for SANDNES SPAREBANK is 2159 which is 71.97% below its average volume of 7704.

Sales Growth

SANDNES SPAREBANK’s sales growth for the next quarter is 17%.

More news about SANDNES SPAREBANK.

5. MEDISTIM (MEDI.OL)

16.7% sales growth and 31.89% return on equity

Medistim ASA develops, produces, services, leases, and distributes medical devices for cardio-vascular surgery in the United States, Europe, Asia, and internationally. It offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and transit TTFM in a single system for vascular surgery; and imaging probes for intraoperative use. The company also provides various flow probes, such as QuickFit TTFM probes to accurately measure blood volume flow intraoperatively in various range of surgical applications; Vascular TTFM probes for enhancing surgical outcomes; and doppler probes that are used on the surface of the heart/vessel to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, it distributes and sells third party medical equipment. The company was incorporated in 1984 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MEDISTIM has a trailing twelve months EPS of kr6.34.

PE Ratio

MEDISTIM has a trailing twelve months price to earnings ratio of 44.16. Meaning, the purchaser of the share is investing kr44.16 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 31.89%.

More news about MEDISTIM.

6. TIPIAK (TIPI.PA)

13.7% sales growth and 6.82% return on equity

Tipiak Société Anonyme, a food company, manufactures prepared food products, frozen ready-meals, pastry products, groceries, and crusty bread products. The company offers groceries, such as breadcrumbs, cereals, couscous, croutons, Japanese pearls, potato starch, quinoa, and tapioca; frozen products, including savory products, appetizers, and side dishes with grains; and frozen sweet products comprising macarons, mini eclairs, and petits fours. It sells its products in France, England, and the United States. The company was founded in 1830 and is based in Saint-Aignan-Grandlieu, France.

Earnings Per Share

As for profitability, TIPIAK has a trailing twelve months EPS of €3.7.

PE Ratio

TIPIAK has a trailing twelve months price to earnings ratio of 16.35. Meaning, the purchaser of the share is investing €16.35 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 6.82%.

Sales Growth

TIPIAK’s sales growth is 13.7% for the present quarter and 13.7% for the next.

Moving Average

TIPIAK’s worth is above its 50-day moving average of €59.56 and higher than its 200-day moving average of €58.28.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jul 4, 2023, the estimated forward annual dividend rate is 1.65 and the estimated forward annual dividend yield is 2.8%.

More news about TIPIAK.

7. J.MARTINS,SGPS (JMT.LS)

11.6% sales growth and 24.85% return on equity

Jerónimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia. The company also operates supermarkets under the Pingo Doce banner; and cash and carry stores under the Recheio name in Portugal. In addition, it operates restaurants under the Pingo Doce name; Bem-Estar pharmacies; petrol stations; and clothing under Code brand. Further, the company operates kiosks and coffee shops under the Jeronymo name; and chocolates and confectionary retail stores under Hussel name. Additionally, the company engages in human resources top management, real estate management and administration, training, and saline brackish waters aquaculture; wholesale of fruit and vegetables; retail management, consultancy, and logistics activities; the purchase and sale of real estate; growing of crops and farming of animals; retail sale of health and beauty products; manufacture of milk and dairy products; and provision of economic and accounting, business portfolio management, financial, and sea passenger water transport services. It is also involved in the trading and distribution of consumer goods; retail and wholesale of non-food products; other business support service activities; and provision of services in the area of wholesale and retail distribution. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. is a subsidiary of Sociedade Francisco Manuel dos Santos, SGPS, S.E.

Earnings Per Share

As for profitability, J.MARTINS,SGPS has a trailing twelve months EPS of €1.02.

PE Ratio

J.MARTINS,SGPS has a trailing twelve months price to earnings ratio of 24.47. Meaning, the purchaser of the share is investing €24.47 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 24.85%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 0.55 and the estimated forward annual dividend yield is 2.44%.

Moving Average

J.MARTINS,SGPS’s value is way above its 50-day moving average of €21.90 and way above its 200-day moving average of €20.93.

More news about J.MARTINS,SGPS.

8. 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 €9.31.

PE Ratio

PERNOD RICARD has a trailing twelve months price to earnings ratio of 21.11. Meaning, the purchaser of the share is investing €21.11 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%.

More news about PERNOD RICARD.

Leave a Reply

Your email address will not be published. Required fields are marked *