(VIANEWS) – NORBIT (NORBT.OL), SMARTCRAFT (SMCRT.OL), TOTENS SPAREBANK (TOTG.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. NORBIT (NORBT.OL)
33.5% sales growth and 19.45% return on equity
Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. The company was founded in 1995 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, NORBIT has a trailing twelve months EPS of kr1.79.
PE Ratio
NORBIT has a trailing twelve months price to earnings ratio of 26.48. Meaning, the purchaser of the share is investing kr26.48 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 39.5%, now sitting on 1.17B for the twelve trailing months.
Moving Average
NORBIT’s worth is way above its 50-day moving average of kr39.23 and way higher than its 200-day moving average of kr31.06.
More news about NORBIT.
2. SMARTCRAFT (SMCRT.OL)
24.1% sales growth and 9.28% return on equity
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, and Finland. The company offers Cordel; Bygglet, a SaaS born in the cloud solution; EL-VIS, a solution for electricians; and Congrid, a cloud-based tool for project management in construction companies. It also provides HomeRun, a digital tool for construction, project communication, document, and procurement management; Kvalitetskontroll, a cloud-based project management solution and quality assurance platform for construction companies; El-verdi, a digital sales tool for electricians; and ELinn, a cloud based solution for electricians to handle project management services. The company was founded in 1987 and is headquartered in Hønefoss, Norway.
Earnings Per Share
As for profitability, SMARTCRAFT has a trailing twelve months EPS of kr0.39.
PE Ratio
SMARTCRAFT has a trailing twelve months price to earnings ratio of 54.1. Meaning, the purchaser of the share is investing kr54.1 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 9.28%.
Yearly Top and Bottom Value
SMARTCRAFT’s stock is valued at kr21.10 at 12:20 EST, way under its 52-week high of kr1,752.00 and way above its 52-week low of kr13.04.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SMARTCRAFT’s EBITDA is 226.13.
Sales Growth
SMARTCRAFT’s sales growth is 20.1% for the present quarter and 24.1% for the next.
More news about SMARTCRAFT.
3. TOTENS SPAREBANK (TOTG.OL)
22.5% sales growth and 10.47% return on equity
Totens Sparebank provides various banking and financial products and services in Norway. The company offers savings and pension products; business and construction loans; leasing; overdrafts and bank guarantees; liability, business, data attack, property damage, craftsman, health, homeowners, collective, personnel, travel, occupational injury, agriculture, and vehicle insurance; and business and credit cards. It also provides online and mobile banking services; payment solutions; asset management; and real estate services. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway.
Earnings Per Share
As for profitability, TOTENS SPAREBANK has a trailing twelve months EPS of kr20.33.
PE Ratio
TOTENS SPAREBANK has a trailing twelve months price to earnings ratio of 9.69. Meaning, the purchaser of the share is investing kr9.69 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 10.47%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 1, 2022, the estimated forward annual dividend rate is 10 and the estimated forward annual dividend yield is 4.59%.
Moving Average
TOTENS SPAREBANK’s worth is below its 50-day moving average of kr218.04 and below its 200-day moving average of kr204.65.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 51.7% and 14.9%, respectively.
More news about TOTENS SPAREBANK.
4. RANA GRUBER (RANA.OL)
14.6% sales growth and 68.94% return on equity
Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. It also produces magnetite iron oxide concentrates. The company offers its products under the Colorana brands. It exports its products worldwide. Rana Gruber ASA 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 kr13.05.
PE Ratio
RANA GRUBER has a trailing twelve months price to earnings ratio of 4.44. Meaning, the purchaser of the share is investing kr4.44 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 68.94%.
More news about RANA GRUBER.
