(VIANEWS) – NAVAMEDIC (NAVA.OL), SPAREBANKEN MØRE (MORG.OL), NORBIT (NORBT.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. NAVAMEDIC (NAVA.OL)
74.6% sales growth and 16.31% return on equity
Navamedic ASA, a pharmaceutical company, develops, produces, markets, and sells pharmaceuticals and related products in Northern Europe. The company's product portfolio includes prescription and non-prescription pharmaceuticals, as well as medical nutrition products, medical devices, food supplements, and cosmetics. It offers medical nutrition products for various therapeutic areas, including phenylketonuria, homocystinuria, maple syrup urine disease, tyrosinemia, methylmalonic acidemia/propionic acidemia, glutaric aciduria, isovaleric acidemia, and urea cycle disorders, as well as products for glycogen storage diseases and renal diseases, fat metabolism, malnutrition, and ketogenic diet. In addition, the company provides consumer health products consisting of non-prescription drugs and health care products for pain relief, cough and cold, gastro, women's health, and others primarily through pharmacies and drugstores; specialty pharmaceutical products in various therapeutic areas comprising dermatology, wound care, women's health, urology, and obesity; and branded generics, including cardiology products and antibiotics. It sells, markets, and distributes its products to hospitals, patients, and pharmacies. The company was formerly known as Glucomed AS and changed its name to Navamedic ASA in 2004. Navamedic ASA was incorporated in 2002 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, NAVAMEDIC has a trailing twelve months EPS of kr-1.14.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.31%.
2. SPAREBANKEN MØRE (MORG.OL)
35.8% sales growth and 9.92% return on equity
Sparebanken Møre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Møre og Romsdal, Norway. It operates through Corporate, Retail, and Real Estate Brokerage segments. The company offers services in the areas of funding, deposits and other forms of investments, asset management, financial advisory, money transfer, currency and interest rate trading, 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 kr29.98.
PE Ratio
SPAREBANKEN MØRE has a trailing twelve months price to earnings ratio of 2.93. Meaning, the purchaser of the share is investing kr2.93 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 9.92%.
3. NORBIT (NORBT.OL)
33.5% sales growth and 19.45% return on equity
NORBIT ASA provides technology products and solutions. It operates through three segments: Oceans, Connectivity, and Product Innovation and Realization. The company designs and develops wideband multibeam sonars used for hydrographic and forward-looking applications, as well as for detection of advanced subsea leakage; and provides cable assemblies, electromechanical box builds, and business solutions. It also offers sensors and sensor platforms used for monitoring, detection, and reporting tasks; GuardPoint, a surveillance sonar used to detect underwater intruders; SafePoint that use to detect navigational obstacles; NORTrace, a software that simulates and graphs the underwater propagation of various sonar; SeaCOP software system for monitoring, detection, and emergency response for maritime and offshore operations; and security solutions for defense. In addition, the company provides high power underwater lights, power cabinets, and other sensor solutions for aquaculture industry. Further, it offers dedicated short-range communication (DSRC) technology for intelligent traffic systems and truck applications; global navigation satellite systems-based tolling and DSRC devices, and connectivity modules for smart tachographs; desktop readers; roadside units; and reclosable fasteners. The company was founded in 1980 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr1.34.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 27.31. Meaning, the purchaser of the share is investing kr27.31 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 19.45%.
4. RANA GRUBER (RANA.OL)
20.1% sales growth and 70.08% return on equity
Rana Gruber AS engages in the mining, production, and sale of iron ore concentrate primarily to steel producers and the chemical industry. It excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. The company also produces and sells micronized iron oxides and other dissemination of iron ore for paint manufactures, as well as building and automotive industries. It offers its products under the Rana Gruber Concentrates and Colorana brands. The company also exports its products worldwide. Rana Gruber AS was founded in 1937 and is headquartered in Mo i Rana, Norway.
Earnings Per Share
As for profitability, RANA GRUBER has a trailing twelve months EPS of kr7.3.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 8.63. Meaning, the purchaser of the share is investing kr8.63 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 70.08%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 17, 2023, the estimated forward annual dividend rate is 7.65 and the estimated forward annual dividend yield is 12.24%.
Yearly Top and Bottom Value
RANA GRUBER’s stock is valued at kr63.00 at 16:20 EST, under its 52-week high of kr68.20 and way above its 52-week low of kr37.05.
5. ITERA (ITERA.OL)
11.2% sales growth and 138.07% 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 kr0.54.
PE Ratio
ITERA has a trailing twelve months price to earnings ratio of 25.19. Meaning, the purchaser of the share is investing kr25.19 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 138.07%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 22.5%, now sitting on 735.84M for the twelve trailing months.
6. SMTPC (SMTPC.PA)
10.7% sales growth and 19.13% return on equity
Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France. It operates the Prado Carénage, Rège and Prado Sud, Prado South tunnels. The company was incorporated in 1989 and is headquartered in Marseille, France.
Earnings Per Share
As for profitability, SMTPC has a trailing twelve months EPS of €1.18.
PE Ratio
SMTPC has a trailing twelve months price to earnings ratio of 22.64. Meaning, the purchaser of the share is investing €22.64 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 19.13%.
Volume
Today’s last reported volume for SMTPC is 250 which is 81% below its average volume of 1316.
Revenue Growth
Year-on-year quarterly revenue growth grew by 14.7%, now sitting on 35.32M for the twelve trailing months.
Moving Average
SMTPC’s worth is below its 50-day moving average of €26.99 and below its 200-day moving average of €27.81.
Yearly Top and Bottom Value
SMTPC’s stock is valued at €26.80 at 16:20 EST, way below its 52-week high of €29.90 and above its 52-week low of €26.60.
7. MOWI (MOWI.OL)
5.9% sales growth and 23.04% return on equity
Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. The company operates through three segments: Feed, Farming, and Sales and Marketing. It is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. The company offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos. It also provides value added products, such as breaded, pre-fried, dusted, marinated, grilled, battered, topped, filled with sauce, delicatessen, fresh fish ready meal, and smoked fish products. The company offers its products under the Mowi, Mowi Salmon, Donegal Silver, Admiral's, Pieters, Laschinger, Kritsen, Ducktrap River, Harbour Salmon Co., Rebel Fish, Supreme Salmon, Olav's, Northern Harvest, and Mowi Nutrition brand names. The company was formerly known as Marine Harvest ASA and changed its name to Mowi ASA in December 2018. Mowi ASA was founded in 1964 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, MOWI has a trailing twelve months EPS of kr15.4.
PE Ratio
MOWI has a trailing twelve months price to earnings ratio of 11.52. Meaning, the purchaser of the share is investing kr11.52 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 23.04%.
